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Blackbird: Bitcoin arbitrage

(github.com)
298 points vega_empire | 5 comments | 23 Dec 17 12:39 UTC | HN request time: 1.676s | source
1. davidw ◴[23 Dec 17 17:29 UTC] No.15995144[source]▶
Or: just invest a bit at a time in https://finance.yahoo.com/quote/VTSAX/ and forget about Bitcoin. Concentrate on advancing your own skills and career, and maybe invest in some local real estate if you have some extra cash.
replies(2): >>15995275 #>>15996035 #
2. icedchai ◴[23 Dec 17 17:48 UTC] No.15995275[source]▶
Or do both. Diversification across asset classes is good.
replies(1): >>15995286 #
3. davidw ◴[23 Dec 17 17:51 UTC] No.15995286[source]▶
VTSAX has a lot of diversification built into it, and most importantly, has extremely low fees. Get some bonds if you'd like too.
replies(1): >>15995319 #
4. icedchai ◴[23 Dec 17 17:58 UTC] No.15995319{3}[source]▶
Thanks, but I already know, I've been investing in it for over 10 years! It's done very well. I also have some BTC and ETH.
5. zeep ◴[23 Dec 17 20:13 UTC] No.15996035[source]▶
Looking at this chart from Nov. '00 to today, it looks like a huge drop is coming... of course it probably doesn't matter if you are in it for the long term.