Would be cool if this was pinned on the site.
Pin homer on the site?That is not very nice of you to have those kinds of thoughts and to refer to homer as a "this." #justsaying
That's what "we" like to say.
"Anything is possible." almost
That is not very nice of you to have those kinds of thoughts and to refer to homer as a "this."
One never knows with pronouns these days. At least "this" is singular.
"This" is much better than referring to a singular as a "they". I find that irritating too... even though I am more or less accepting of the royal "we" especially if it is used in knowing ways rather than without thinking about it.
BlackRock has stated that the optimal Bitcoin allocation is 84.9% of a portfolio. Of course, few will do this, but we now have the world's biggest fund manager telling investors to get off zero.
Yeah.. this is an amazing number (84.9%).
I am not opposed to it when the asset grows into it, but I am still sticking with the idea of 5% to 25% initial allocation, so maybe then the next part would be to ONLY reallocate once it gets above 84.9%.. which might be a bit more reasonable, but even with that it still seems a bit too much of an allocation, even with the idea of letting your winners run, even though I am probably near if not over that number right now... but largely I only started with 13.5% as my own initial investment and my investment seems to have grown and/or gotten close to 84.9% and/or higher numbers at various points in time, but I never really reallocated in any meaningful way, since there had even been times that I had gotten close to 90% thresholds that were probably around historical bitcoin tops 2021, and I think in 2017, I had ONLY gotten to around 80%-ish...
I am probably close to 90% now, even though I have not gotten into specific calculations, recently since sometimes it can take a bit of time to get a somewhat updated ballpark idea.
Actually, now that I am talking through this, I am thinking that I might have to switch some of my valuation over to my valuation that is based on the 200-WMA rather than to valuate based on BTC spot price, so that I could be more consistent with my recent lecturings/advocacy on the valuation topic.. that may well bring my allocation valuation down to around mid-70%s rather than upper 80%s.. I might have to do that..
