Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
OgNasty
on 09/03/2024, 18:26:42 UTC
That sounds like a plan. I was also thinking to sell 10% maximum. Question is, would you keep that in USDT?

Why not just keep it in Bitcoin unless you're spending it on a purchase or other payment?

I'm bullish as hell on Bitcoin and have been for over a decade.  A side effect of it's meteoric rise is that my asset allocation has gotten way out of whack.  I don't want to sell any BTC, but I do feel like there comes a point when it's irresponsible to have so much of your wealth in a single asset.  So I can understand the profit taking.  I also think that moving some capital into dividend paying equities can help you build up your income to be a regular purchaser of BTC instead of a holder.