ASX and general share trading advice thread

Dr.Clones

Baked
User ID
5964
Gold has gone up quite high but I won’t be buying any gold only bitcoin
Bitcoin is the future money when I was on the plane a few months ago I was watching the news reports on the TV and they were saying that bitcoin is space money just like in Star Trek it’s a credit system is going to fail. It always does if you learn the history history about money fair always dies.
 

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Dr.Clones

Baked
User ID
5964
Gold prices have surged recently, but I’m not investing in gold—my focus is on Bitcoin. I believe Bitcoin represents the future of money. A few months ago, while on a flight, I watched a news report on the in-flight TV comparing Bitcoin to “space money” from Star Trek. They suggested it’s part of a digital credit system that could replace traditional money. History shows that fiat currencies often fail, and I see Bitcoin as a hedge against that inevitable collapse.


Rewrite I would delete but I don’t have that option @Billygoat
 

Green Genius

Blooming
User ID
5554
Gold has gone up quite high but I won’t be buying any gold only bitcoin
Bitcoin is the future money when I was on the plane a few months ago I was watching the news reports on the TV and they were saying that bitcoin is space money just like in Star Trek it’s a credit system is going to fail. It always does if you learn the history history about money fair always dies.
So you think fiat is going to fail and yet society is going to remain stable enough for you to exchange for goods and services? Interesting thesis
 

Dr.Clones

Baked
User ID
5964
So you think fiat is going to fail and yet society is going to remain stable enough for you to exchange for goods and services? Interesting thesis
My investment approach involves purchasing Bitcoin with a long-term perspective. When I need liquidity, I plan to take out a loan using my Bitcoin as collateral, allowing me to retain ownership of the asset while avoiding tax liabilities on capital gains. My goal is to use the funds to acquire Optimus or several Cyber Cabs—autonomous products that can generate income by operating independently. After researching Bitcoin extensively, I’m confident in its potential to reach a value of $21,000,000 per coin.
 

HomeBound_Hound

Baked
Community Member
User ID
455
Here’s the thing — what you’re pushing with BTC has already been played out before, just in a different skin.

Loan-to-Value (BTC vs Pharma):
With Bitcoin, lenders only give you 20–50% of your stack. Put up $100k, maybe you see $20–50k. If BTC drops 30–50% — which it’s done plenty of times — you’re margin-called and liquidated.
Same deal with pharma. In the 90s, reps tried to borrow and spin future sales on Oxy like it was guaranteed. Banks discounted it hard, because if demand shifted or lawsuits hit, the whole model collapsed. And it did.

Collateral vs Cash Flow:
Bitcoin produces nothing, it just sits there, marked-to-market every minute. That’s not income.
Pharma at least has royalties and milestone payments. But even then, look at the biotechs in the 2000s and the millennials chasing the next “blockbuster” drug — most ended up over-leveraged, their projections flopped, and lenders ate them alive.

Collapse Logic:
You say, “If fiat dies, I’ll borrow against BTC.” Same nonsense pharma reps ran: “This drug will fund itself forever.” When the environment shifts, lenders pull the plug. If fiat actually collapses, there won’t be lenders handing you dollars. And if they’re still handing you dollars, then fiat hasn’t collapsed.


So side by side — Bitcoin today is the same as pharma hype then. Reps thought they’d hacked the system, but history shows they usually lose. Borrowing against BTC isn’t a strategy, it’s just the same old racket with shinier branding.
 

Dr.Clones

Baked
User ID
5964
Here’s the thing — what you’re pushing with BTC has already been played out before, just in a different skin.

Loan-to-Value (BTC vs Pharma):
With Bitcoin, lenders only give you 20–50% of your stack. Put up $100k, maybe you see $20–50k. If BTC drops 30–50% — which it’s done plenty of times — you’re margin-called and liquidated.
Same deal with pharma. In the 90s, reps tried to borrow and spin future sales on Oxy like it was guaranteed. Banks discounted it hard, because if demand shifted or lawsuits hit, the whole model collapsed. And it did.

Collateral vs Cash Flow:
Bitcoin produces nothing, it just sits there, marked-to-market every minute. That’s not income.
Pharma at least has royalties and milestone payments. But even then, look at the biotechs in the 2000s and the millennials chasing the next “blockbuster” drug — most ended up over-leveraged, their projections flopped, and lenders ate them alive.

Collapse Logic:
You say, “If fiat dies, I’ll borrow against BTC.” Same nonsense pharma reps ran: “This drug will fund itself forever.” When the environment shifts, lenders pull the plug. If fiat actually collapses, there won’t be lenders handing you dollars. And if they’re still handing you dollars, then fiat hasn’t collapsed.


So side by side — Bitcoin today is the same as pharma hype then. Reps thought they’d hacked the system, but history shows they usually lose. Borrowing against BTC isn’t a strategy, it’s just the same old racket with shinier branding.
When Bitcoin reaches 21 million a coin I’ll be laughing 😆 time will tell
 

HomeBound_Hound

Baked
Community Member
User ID
455
And with these draw backs aren't u concerned with margins or liquidation sure black Rock and other big names r heavy in it but they'll never need to borrow against it neither... if anything ya chart proves what I'm trying to warn ya about a 40-60% draw down instand liquidation margin call assets gone...
 

Dr.Clones

Baked
User ID
5964
And with these draw backs aren't u concerned with margins or liquidation sure black Rock and other big names r heavy in it but they'll never need to borrow against it neither... if anything ya chart proves what I'm trying to warn ya about a 40-60% draw down instand liquidation margin call assets gone...
I’m self custody no liquidation here it’s tucked away for the future and gets topped up weekly via QR codes
Trying to get 1 BTC before it’s to late IMG_2213.jpeg
 
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