So, anyhow, you come off as a bit of a snake oil salesman who is trying to get others to sell a bit in order to better prepare for down, and in that regard kind of lecturing some kind of supposed higher wisdom that you are proclaiming. Am I wrong?
I agree that everyone should prepare for both up and down, but if someone does not feel comfortable selling, then why sit there and try to pressure them and rub it in, except seems that you want to talk your book here, rather than realistically share BTC price direction predictions that you have.
I said what I'm doing and why. Not pressuring anyone to do anything.
I'm still quite bullish long term. Bearish short term. Far from sure. Trying to stay diversified enough for any scenario.
Well fair enough on that description of your approach.
You and I are not too far separated in terms of percentage that we consider allocated in our BTC versus fiat funds.
You state that currently you are about 80% BTC and about 20% fiat, and currently I am about 90% BTC and about 10% fiat.
Actually, I don't really know exact specifics regarding how my BTC/fiat allocation is going to play out in advance however, as the BTC price has gone up, it seem that my BTC allocations have little by little been becoming a larger percentage in fiat, and since about $1,000, I have only come down from about 95% BTC to my current levels of about 90% BTC... for whatever reason, but maybe it is like the difference between your allocation and mine (a 10% difference) merely reflects one or more of these scenarios: 1) I am a bit more bitcoin bullish than you , 2) some of my other financial allocations, timeline, or risks are different from yours or 3) perhaps, we gamble a bit differently in terms of our anticipations of BTC price directions.
) and who knows maybe he'll become a zealot too!
