Post
Topic
Board Economics
Re: (SSS) - A Sane and Simple bitcoin Savings plan
by
sgk
on 31/12/2017, 09:11:24 UTC
Agreed; my "HODL in all situations" is emotional.  The original SSS plan is non-emotional.  I have a small enough basis that I don't care if it all goes to zero in a flash; well, I will be disappointed but ok.  Anyone taking more than an insignificant portion of their wealth into such risky investments should do it with a plan like SSS.

SSS is non emotional but it starts with a lot of money and only sells from there, each time the price doubles. That's not a realistic scenario for today. That's for people who bought/mined thousands of BTC when it was worth a few dollars or less.

Agreed. But the original idea remains same and you can modify according to your needs.

I actually created my own plan based on my portfolio. The gist is to maintain balance between fiat & crypto for risk management so that one doesn't outrun the other by a mammoth margin.