overinvested in bitcoin
It’s funny. I never hear people say, “overinvested in (dollars|euros|whatever)”. ;-)
Can one be overinvested in money? Is that like allocating too much cash in your portfolio?
Yes, from a financial perspective, you can be overinvested in $, € or whatever kind of asset. It's all just about balancing/hedging a portfolio. YMMV.
It is sound thinking! You avoid some deleterious illusions.
Most people think of buying Bitcoin as an “investment”, and selling Bitcoin as “cashing out” into what is not perceived as an investment.
Whereas I never perceived Bitcoin as an “investment”. (I would be richer if I did.) It’s just my savings. I used to keep my savings primarily in paper cash; now, I keep my savings primarily in Bitcoin. *shrug*
With Bitcoin, due to its extraordinarie appreciation over time, it is somewhat easy to become "overinvested"... even if that was intended or not.
I am probably "overinvested" in Bitcoin currently... but YOLO. Again, YMMV.
I am probably "overinvested" in Bitcoin currently... but YOLO. Again, YMMV.
* nullius is jealous: I wish that I were “overinvested” in Bitcoin! :'-(''''''
If the state accepted BTC for taxes, I wouldn't have this "problem".
Fyi, my state doesn't. Hence "overinvested".
Fyi, my state doesn't. Hence "overinvested".
Sure, understood.
I could make one for the ECB and European states, too.
Meanwhile, sheep are made mutton.
I said “conjoined twins” for a reason. Study history, economics, and political philosophy.
It is no accident that they arrived almost simultaneously—both with roots c. 1909 from earlier seeds, both signed by Wilson in 1913.
They are parts of an integral system.
I said “conjoined twins” for a reason. Study history, economics, and political philosophy.
It is no accident that they arrived almost simultaneously—both with roots c. 1909 from earlier seeds, both signed by Wilson in 1913.
They are parts of an integral system.