this post was submitted on 02 Sep 2023
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Anon has places he needs to be (lemmy.ml)
submitted 1 year ago by [email protected] to c/[email protected]
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[โ€“] [email protected] 16 points 1 year ago (1 children)

Well, it would be smart to cash part of it out and diversity your portfolio in case something happens.

[โ€“] [email protected] 12 points 1 year ago

Exactly. I hate this message that you should ride Bitcoin to the bottom because some day it'll be worth a million. Cash is a position. When it's low (and it always goes low) you can buy back in again. You effectively have more Bitcoin for the same invested cash.