Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
AlcoHoDL
on 03/12/2017, 07:34:35 UTC
This could well have been written about me.

Quote
I'm not saying that it is always absolutely wrong to have 90% of your assets in BTC or whatever, but it should be because you are intentionally choosing to do so, not because the price got away from you and you never really considered that you now have 90% of your wealth riding on one thing.
https://www.reddit.com/r/Bitcoin/comments/7gi55s/dont_invest_recklessly/

I'm spooked again.

So, theymos is now advising those of us who went 50% in on Bitcoin, and are now nearly 90% in due to a rising Bitcoin, to sell 45% of our BTC stash, in order to return to the initial BTC/total investment of 50%.

I respect him, but can't help but wonder if that is a good piece of advice... I feel I should have invested more in BTC when I could. But I guess that's the greedy side of me talking. Will see how things play out...