this post was submitted on 02 Sep 2023
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When you're already a millionaire but didn't want to cash out because turns out you just liked riding the gambling high rather than treat it as a job.
Eh if you really believe in crypto it makes no sense to cash out, but every peak has shown that attitude of "this is when crypto will really go mainstream" was wrong.
Well, it would be smart to cash part of it out and diversity your portfolio in case something happens.
Exactly. I hate this message that you should ride Bitcoin to the bottom because some day it'll be worth a million. Cash is a position. When it's low (and it always goes low) you can buy back in again. You effectively have more Bitcoin for the same invested cash.