Barry42 on Nostr: Holding only 5% of your position in BTC is a lie that has been told to comfort ...
Holding only 5% of your position in BTC is a lie that has been told to comfort friends and family for years. If you want to change your fate, this ratio should be greatly increased, and you should hold Bitcoin firmly for the rest of your life.
Relative to the risk, what you need to do is not to reduce your position, but to improve your ability to make money off-site to hedge against market fluctuations and ensure that you will not be forced to sell your precious Bitcoin when you are extremely pessimistic.
Bitcoin has not even surpassed the total market value of gold. Everyone at the table knows that this will happen, it is just a matter of time.
Relative to the risk, what you need to do is not to reduce your position, but to improve your ability to make money off-site to hedge against market fluctuations and ensure that you will not be forced to sell your precious Bitcoin when you are extremely pessimistic.
Bitcoin has not even surpassed the total market value of gold. Everyone at the table knows that this will happen, it is just a matter of time.