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*
As you suggest, the investment mindset is likely the more profitable one - even though I doubt that there might not be some overlap whether we are talking about a venn diagram or some kind of gradiated scale (spectrum).
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! :'-(''''''
You probably are.. especially if you really do not attempt to balance out your BTC versus fiat in a meaningful way... you are just not recognizing it..
