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birb_cromble  5d ago (text post)   569 thread views

Weekly Finance Thread 2026-06-06

A weekly thread to discuss financial matters - from personal all the way up to global.

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How does crypto fit into your investment strategy? Do you have a target allocation? Do you ignore it? Do you focus on Bitcoin, or others?

It’s hard for crypto to rally when AI stocks are more fun to trade right now. That’s killed crypto. Nobody looks at it now. But what’s the price of Sandisks?

I don't have much, but I have now only five figures of dogecoin (the coins, not their worth) that I've held for ten+ years due to retiring a PC.

I'm looking at investing some soon, since we should be hitting the low of the one-year crash before entering a four-year bull market. IANAFA, but my target for the low is between start of October and end of November, and that's enough to not really care if I hit the exact low and just consider the fall a good time to get bitcoin.

The drop below $60k had me wondering if this right now is the low.

I have no target allocation, because this is fun-money only, but the strategy is buy October 2026 and sell September 2029.

I have some small Bitcoin account which I DCA for a while. It's not really a part of my investment strategy, just a FOMO hedge. Staying away from shitcoins since I don't have the time or patience to play it properly.

I hold no crypto, unless it's buried deep in a fund that bought it since I last looked over their holdings.

To be frank, I always thought Bitcoin was a terrible idea. I probably lost a ton of potential money by not being speculative about it, but I don't buy into things unless I can see the utility. I had brief interest on Ethereum, but the choices by the maintainers left a bad taste in my mouth.

All I track is Bitcoin. I have less than $2k of it and my break even price is $68k. What I currently do is buy it using my credit card rewards every month (I got a Coin Base credit card so waives transaction fees [after yearly fee] but my other credit card gives better rewards so I use that one and transfer it). Part of me sees it as something besides stocks to buy against inflation, but the price is volatile and I've been told that the exchange I use isn't the safest. I look at it like at outside bet, but I think predicting its price is a fools errand. Like the current drop might be people reallocating at buy SpaceX or something. I used to have Ethereum, but after a few years I saw Bitcoin's path and had zero confidence in Ethereum to do the same. I consider everything else a $hitcoin.

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