Bitcoin distribution

GlobalMacro90 said:
fine and peace and love. Sorry for saying egomaniac, maybe that was unfair. My point, which I still stand behind, is SOME diversification is a more humble way to invest no matter how sure you are (and as you should know I totally agree with you about Bitcoin)


The other stuff in your comments I don’t understand. We are on the same team. I also didn’t sell in the 80% drawdown. I also bought on the way down at 40k, and 30k, and 20k and 16k. I bought my first bitcoin at 3000 like 6 years ago that I still hold!

we are going to win, I just don’t want 100% of my portfolio in Bitcoin and that’s ok. Insisting people should will unfortunately make more main stream finance people not take us as seriously as they should.
More...

peace and love and best wishes, bro. I'm very sorry for over reacting as I did

And it's double embarrassing as I'm on record on ET posts that my most painful bear market was not the 2014, but the 2018 bear market when I hit holy grail 7-figure portfolio top m2m valuation but did not cash out enough rode the bear market all the way to the bottom a little less than 6 figures

So given my experience in 2018 bear market, I definitely should not be one advocating for not cashing out enough during this bull market with a 7-figure or higher portfolio value

even if I plan to minimize as little cashout as possible this time around to hodl as much bitcoin for the next cycle and the next and...
 
johnarb said:
my most painful bear market was not the 2014, but the 2018 bear market when I hit holy grail 7-figure portfolio top m2m valuation but did not cash out enough rode the bear market all the way to the bottom a little less than 6 figures
More...
So just to be clear, you went from over $1 million to under $100k during that period?
 
Frederick Foresight said:
So just to be clear, you went from over $1 million to under $100k during that period?
More...

Yes, but I had a job...

upload_2024-3-7_0-8-24.png
 
Fun Fact. During the weekend just before market open for October 19'th, 1987, Druckenmiller made one of the hugest bets of his life and went LONG.

As the story goes, after market close that Friday, he looked over a presentation that Paul showed him, explaining how the market was about to crash (hard) in a mega tsunami.

Druckenmiller immediately wanted to reverse his bets, and spent the whole weekend sweating things out until reversing on Monday morning, going from long to short.

That Monday will live in infamy as 'Black Monday'.
 
You must log in or register to reply here.
Back
Top