PI is a social crypto backed with over 50 million users to start from, before it get launched for open trading. It is doing with gradually creating an ecosystem before launching it for masses, that makes it unique. Early birds will bnefit most as happened with all stable coins. Its halving will make it rare day by day, so one can plunge in this easiest to mine by mobile times.
          I predicted very accurately about bitcoin halving  and a new all time high that is proposed to happen in 1-2 months from now years back. I make a prediction about Pi too. It is here to stay with a concept that can make it stronger than ethereum if not bitcoin, within five years from now. I missed the boat of bitcoin in early days, denying its potential. Pi is a bet, where we have nothing to lose if we enter it now. Get a crypto without spending a penny and join a team of over 50 millions supporters worldwide.

I start with a disclaimer first: " Pi is NOT free money. It is a long-term project whose success depends on the collective contributions of its members. Pi is dedicated to helping everyday people participate in a utilities-based ecosystem on blockchain fueled by a cryptocurrency without the need for traditional intermediaries. If you are looking for quick money, look elsewhere."
             
      let me introduce you an upcoming crypto that you can get for free and mine on your mobile phone or PC. This is Pi network, a reform  where you earn from crypto technology  without investing a penny, at any point of time. Although it has not been listed on any major exchange yet, it is trading near $50 already on Bitmart and some other exchanges. Joining under my username " sumiteshwar" you can get one PI for free and u can mine one PI in 100 hours now, effortlessly on your mobile phone. With added team of miners joining under your invitation, you mining speed could go manifold.
 Pi is a new digital currency developed by Stanford University PhD, with over 47 million members worldwide. To claim your Pi, follow this link https://minepi.com/sumiteshwar and use my username (sumiteshwar) as your invitation code.
 Come in my group and I will be guiding you always on all tips, tricks and updates. This may go listed any moment so do not miss the opportunity of getting the initial PI for free and great mining speed available now.

Starting from a mining speed of 1.6 Pi/Hr, through halving now the speed is 0.001 Pi/Hr. which will further reduce by halving as Bitcoin did with its halving to keep the value at a graceful level.

  I have seen the advent of Bitcoin and did not take that seriously. I was offered 5000 Bitcoins in early days in lieu of a system of mine worth $200 then. Pi might not ever become as precious as a Bitcoin and probably no coin will ever touch that but its growing prelaunch acceptance is unprecedented. Let's take a bet in it, for free. With 1- 2 minutes daily invested in it could earn for us a substantial amount in the future.

More later.....

Update: PI is being accepted now to buy USDT through P2P on Binance the leading platform for crypto trading.

 So, it is over $71k already and rising.

BRICS now holds 32% of the world GDP and its own cryptocurrency which has been proposed for quite a time will hit the USD monopoly by and large. India is proposing its own cryptocurrency too for digital banking. India launched a Rupay payment processor 10 years back at par with Visa and MasterCard. With emerging crypto technology, Fiat currencies, it's exchanges and monopoly will become a laughstock.
  Do not underestimate crypto power. Decentralized finance is the future.Add these ammunitions in your arsenal too, for future.

I think, I should answer from my side:

What is the actual PLAN for your crypto "investments"?
I prefer to use it as a systematic investment plan wherein I would invest a small amount every month in it which could be about 10% of all my investments.

Is it merely to make money, as in any gambling endeavor?
It is a proven High Yield Income Plan, only pour that much money that does not make you crazy on losing, although chance of losing all in crypto is negligible.

Is it to build something for on down the road when retirement looms large?
As I said, it is a money multiplier and could help with retirement with a dash of luck. Its two decades history tells that.

With your holdings in crypto, can you use it to live on or plan with for future expenditures?
I have kept it for coming ten years and might sell a bit if required.

Do you consider it a real investment in the future or merely something to dabble in while stumbling forward in life?
 I consider it as a side investment, for now. It may become better with time and could change perceptions.   

If you have a substantial amount in crypto, do you sell some to hold back some kind of profit or do you plan on just keeping it until it hits the magical 1 million dollar mark?
Do not put all your eggs in one basket is the guiding principal for me. If I have a big sum in it, I would diversify half of it in lesser volatile, lesser earner sources like index funds.

Do you have a tax strategy for any of this?
In my country India, tax evasion in crypto is technically very difficult these days but people always have ways to hide income and tax thereupon. You just need to look around.

Can you use your crypto holdings as collateral on something in an emergency should the need arise?
I can sell it instantly and can re enter that if comfortable in future.

I see the alure of the BTC game to many people but somehow I just don't see or visualize the outcome of this.   There simply has to be something I'm missing here.
Bitcoin etc are alternative currency for the world and I believe it is here to stay. No govt. can eliminate it completely. It has already been accepted worldwide.

I just moved another $70,000 from an asset that got called into another product that will produce a similar profit moving forward.  I would not even think about moving that money into a BitCoin.
As I said, don't put all your eggs in one basket. Real Estate, Gold, Bonds, Mutual Funds, Stocks, Crypto nothing is guaranteed to earn well all the time and those which can guarantee, they offer abysmal returns. So, Diversify.

Am I truly a Luddite in the 21st Century of money management in real life or am I simply not seeing the big picture in the digital world?
 You are simply an oldschool and nothing bad in being that but closing your eyes with emerging markets and technology is not a good idea.

Now, my query for you:
1) How much of BTC do you actually own as of now?
2) any other altcoin every tried?

If you never did that, just have a taste with a little money that you spend in hosting a frineds' party.

It came over $69k, corrected a bit and still at good enough price today over $67k.


Those considering themselves smarter than Blackrock putting $3 Billions in it should introspect a bit more.
Bitcoin doesn't have any intrinsic value! OK. Does diamond have any? Value for anything is decided by demand and supply forces. Here, I quote the classic case of Dutch Tulip Bulb Market Bubble?
The Dutch tulip bulb market bubble (or tulip mania) was a period in the Dutch Golden Age during which contract prices for some of the tulip bulbs reached extraordinarily high levels and then dramatically collapsed in February 1637; the rarest tulip bulbs traded for as much as six times the average person's annual salary at the height of the market.

Supply of Shiba Inu even after huge burning is in Quadrillions that exceeds even the assets of the universe taken together even if it reaches $1 in value. XRP is capped at 100 Billions hence could reach a value of even $50 in the long run. Bitcoin total supply as of present is a bit over 19 millions and rest could take 100 years to be mined. This clarifies that getting a value of $100k is realistic for a bitcoin.

It is a decentralized finance and hence has no government control and that makes it kind of permanent mode of transfer of value unless anything better comes and takes its place.
             Bitcoin can not keep monopoly over the market hence Ethereum and some other prospective altcoins shall stay too.

BTC is already at its all time high now and growing day by day. Those seeing at its volatility has missed the boat. It will see a sharp decline maybe by the end of 2024 but before that prices will go up only. Those stayed invested in btc and ethereum in the last 5 years are the biggest gainers in any form of investment possible.

 I played hundreds of sessions this method and got successful in most. To make is safer, at times I use a trigger of 50 spins no hit as virtual play and thereafter I plunge. Virtual plays help believe it or not.

I bought it in bits and pieces in various price bands over past 7 years and in good gain as on date. Hope to double it in near future.

Today, on 14th Feb 2024, Bitcoin is worth $51,544. All who were predicting its downfall and about it being useless or gimmic or having no intrisic value should learn a lesson now. I predicted this well in advance and the reasons for its future rise too. Just wait 5-6 months to see an all time high price, easily going over $80k.

Bitcoin is at $47k+ today and if things remain like this, within the end of the year 2024, it would surpass at least $80k.

Bitcoin rushing towards an all time high figure, as I predicted. This year, Bitcoin and some other stable coins which are not in abundance like sand will reach its zenith.

I found that if we apply both logic and experience and play with a cool head only to get desired result in a long run which could take even 2000 outcomes to conclude, we can keep on winning without any fear. We need a table with very nice spread say 1-100 chips at least, it is doable. Chance to burst and surrender an extreme session could be not ruled out completely but winning is sure in the long run.

This particular crypto gets huge spikes and troughs thereby paving path for earning good enough by trading and not just by investing for long, Cardano and Avax are also cryptos with same traits.

Look at Nano today. It is at $1.2 today.