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Anon has places he needs to be
(lemmy.ml)
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this post was submitted on 02 Sep 2023
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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.
I too am also a millionaire in money I can't and won't spend
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.