Bitcoin distribution

themickey said:
Not so.
Plenty of market wizards advise strike while the iron is hot.
It's more a case of letting winners run and cut your losses short.
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Trust me I hear ya bro… and I’ve been letting the winner run. But if something gets over 60% of portfolio I just have to make it smaller.
 
GlobalMacro90 said:
Trust me I hear ya bro… and I’ve been letting the winner run. But if something gets over 60% of portfolio I just have to make it smaller.
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There is a popular meme going around Twitter about how Bill Gates listened to his buddy Warren Buffet's advice to diversify his Microsoft shares. If Bill hadn't, he apparently would have been a trillionaire. I can't verify those numbers, but just passing it on.
 
NoahA said:
There is a popular meme going around Twitter about how Bill Gates listened to his buddy Warren Buffet's advice to diversify his Microsoft shares. If Bill hadn't, he apparently would have been a trillionaire. I can't verify those numbers, but just passing it on.
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If Bill gates did hold onto to his original msft shares and never parted with 1 single sharez yes today he would be worth 1 trillion dollars. That is true.
 
It definitely gets scary with a large % portfolio holding.
But lets see if we can remove emotions.....

You have a portfolio of 100 positions and you need cash, which do you sell?
 
themickey said:
It definitely gets scary with a large % portfolio holding.
But lets see if we can remove emotions.....

You have a portfolio of 100 positions and you need cash, which do you sell?
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I’d prob sell the one performing the worst. It’s not about that, it’s about maintaining at least a semblance of diversification.

This is one area is disagree with my fellow bitcoin brothers and sisters, I think all in bitcoin is totally insane no matter how bullish I am on it.
 
GlobalMacro90 said:
I’d prob sell the one performing the worst. It’s not about that, it’s about maintaining at least a semblance of diversification.

This is one area is disagree with my fellow bitcoin brothers and sisters, I think all in bitcoin is totally insane no matter how bullish I am on it.
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You are not a Bitcoin or crypto bro, no matter what you tell others or yourself

You are brainwashed by the fiat debt-based slavery monetary system

I hope you make your millions and sell most if not all your Bitcoin and crypto assets

You can Fuck off into the sunset


https://www.elitetrader.com/et/threads/bitcoin-as-a-unit-of-account.377784/
 
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