I'm surprised you haven't mentioned this before.
Especially as you seemed to be arguing against selling. Although I always assumed you had sold some to build up your cash reserves.
What lesson is it that you learned after the third cycle?
I thought we settled this on a previous exchange when you were acting very surprised that I sold CEL and I told you I've sold other cryptos as well including bitcoins
For some reason you wanted to believe that only buying and holding Bitcoin and cryptos and never selling would somehow take care of living expenses and other costs
I manage risks, specifically our (family's) risks
I'm not afraid to go to 100% cash and I'll hold a position as long as it contimues to trend.
Works very well for me!
We manage risk differently. I'm afraid of losing capital or not having it produce, so if something isn't working, I'll look for other opportunities. I see no downside to waiting in cash.
Good for you
You on the other hand seem to be afraid of ???. I'm not sure. Why do you see not holding bitcoin as risky and irresponsible?
Don't worry about it. You wouldn't understand. As NoahA said, you're just wasting other people's time
