the fed and stockmarket run on hopium, and how long that that lie last? but i see your point, they will do anything to keep the stock market going as pretty much everything in the usa rides on the stock market.
bitcoin may fall along with stocks to a point but in my case when i suddenly need a largish amount fiat for whatever reason (pandemic? yeah right what are the odds of that... oh wait..) i tend to sell off my different classes of stuff (not sure what to call "classes" as i am not a financial guy, i pay people for that) equally if at all possible.
but wtf do i know all i can say for certainty is bitcoin has been very kind to me.
Are you suggesting that sometimes you will try to follow Gresham's law, vapourminer, meaning that you speculate that bitcoin is the more sound of the monies, and you tend to consider whether to sell other kinds of monies / assets before selling any of your bitcoin?
I understand that if you are already more appreciated in bitcoin, and bitcoin ends up comprising way more of the value of your various assets, then you might end up shaving off some bitcoin rather than selling some of the less valuable monies/assets, because largely you are somewhat over-allocated in bitcoin relative to the other assets/monies because bitcoin has gone way up in its value compared with the other assets.
i definitely consider bitcoin more sound than fiat, and that viewpoint has really been driven home as of late. but i really just do my own thing financially. which may not be smart but has served well enough.
basically if i need
x amount of fiat money i will simply divide by
n,
n being the "classes" in my mind. those classes in my mind dont really correlate with traditional categories and have changed over time as i learn more about it or simply adjust based on past and what i consider potential future returns.
now bitcoin has been by far the best performing class and that means that means if im pulling say 10k USD from the bitcoin "class" its generally taken less bitcoin each time as i try to have enough fiat reserve to ride out the smaller dips and downtrends (a couple years worth of fiat have worked out) and be able to (more or less) pick decent point to sell. i do that by setting goals with laddered sell prices on the exchanges. but i also have to pick a certain date (several actually, like say a 1 month period divided into four one week periods). at each point if i havent made the price i want i still sell (in this example) 1/4th of my fiat goal, so 2500 USD , whatever that happens to be in corn at that time. this way i dont get stuck at the end if the price of corn has just gone down during that cashout period. basically i have DCAd my way out.
now this selling of bitcoin is mainly a habit from getting in this in 2011 when the possibility of bitcoin failing was much higher and i am a creature of habit and limited learning capacity so i do what has worked in the past with the least risk to my overall financial ability.
if any of that makes sense. which i certainly dont expect it to for others as i am not known for making sense or following best practices.
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so i guess to me, buying corn is the 1st class of asset that i top off when i get the chance. thats the main point and far more important. selling wise i have to treat corn just like any other asset. in my mind thats just the way i do it. bitcoin is both a investment and a tool to meet goals. i use it like any other tool. but it is the best tool ive ever seen.