Quote from: Blitz on September 14, 2014, 09:07:42 PM

Quote from: Arv1e on September 14, 2014, 08:58:40 PM

Quote from: S3052 on September 14, 2014, 11:04:05 AM

90% Cash (USD)
6% Gold
2% Short Stocks (S&P 500)
1% Bitcoin
0.8% Monero
0.2% DIEM (as a "playground play", no serious fundamentals behind)

If this is meant to be some form of investment strategy then i can't take you seriously. I will share 2 reasons. No doubt the forum will add a few more.

1. 90% investment in cash. Cash isn't an investment at less than 1% return so unless you think every other form of investment is about to devalue, by comparision, then its like putting it under your bed.

2 Having 1% only in bitcoin. What is the point? bitcoin is high risk with high potential return. 1% suggests you don't believe in Bitcoin so why bother as when it flies off to the moon you will enjoy unprecedented returns on almost F! all!

Seems to me you are worried about losing more than making.

1. That's exactly what he is postulating. Deflation.

2. Maybe he wants to preserve his capital more and tries to minimize risk by reducing exposure during certain periods. Comparatively, he certainly isn't that risk averse, given that he stated that he held almost 100% in BTC before. You know, trading? Cheesy

Blitz, hows life? Long time no "see". I just realized it has been five years since we started here..!

And indeed, you are right. It is not abou clinging to BTC just because we love it. It is solely about how to best trade it. And apart from some short term opportunities, I do not see any reason to hold or accumulate BTC unless certain technical criteria will have been met.