Oddbean new post about login | logout I had a conversation with a friend today. He has been in btc/crypto a similar amount of time as me. He said he wants to diversify away from crypto so that at the end of this cycle it will be 10-15% of his net worth. I told him I still want 70% plus and plan to sell my remaining eth this cycle. I think it’s riskier to be mostly out of Bitcoin for the longer term. He thinks it’s risky to be in only one asset class. I said that btc hasn’t even monetized yet. Who is correct? What do y’all think?
I’m onboard with you. This cycle I plan to sell all the shitcoins I have, some since 2017-2018. I’m debating selling any BTC, maybe a couple. But I’ll first cash out the BTC related stocks before I make the BTC selling decision. There really isn’t a part of me that wants to offload any BTC. I’m happy HODLIng it for years to come. The one thing I look forward to is wearing a BTC “I told you so” tshirt I got last cycle to wear to my BTC perma bears friend’s house. I got it and will wear it once we hit 100k 😂