-- JJG (578870, but does it matter which long post?) for general sensible advice.
I am going to suggest that your inclinations are not incorrect because in the medium to long run my posts "blur"
tm into the same kind of repetition
(some say treasure and others say not).
My original thoughts of having 1% of my net in BTC turned out well. Was up to 4%...
Thanks for giving me another opportunity to "beat up on you."
#nohomo Of course, my relatively long-standing not advice advice (which might also be characterized as a suggestion) has been for anyone who has at least a 4-year investment time horizon would be to consider their start out allocation into bitcoin as between 1% to 10%, and surely if you are on the lower end of that allocation amount then you are being quite whimpy.
Nothing wrong with being whimpy, especially if you are very gunshy and/or you have given personalized consideration to the whole matter.
Surely my various back and forths with you over the years has informed me that you, Oro, seem to be more in the camp of someone who has gone through a certain level of personal consideration of your chosen allocation amount(s), your chosen strategies and your
reasons for such. Accordingly, I am responding to the ideas of your post, and not so much to you in regards to the idea of allocation and also how aggressive someone might want to be in connection with his/her chosen allocation amounts. Another peculiarity for you, Oro, seems to be that you had already had a pretty decently long investment history with gold and perhaps some other kinds of investments, so you have had developed a variety of comfort levels with your cash management and assessments of your needs and your financial goals that may well differ from other peeps, but the main thing remains your own comforts with your chosen balances of a variety of personal factors that may well differ from a decent number of others who may be weighing those various personal considerations.
I guess the main point still is that even if there might be some disagreement regarding the aggressiveness (or lack thereof) your chosen allocations in the smeemingly whimpy 1% arena, and also including your frequent reallocation (seeming choice not to let your winners ride a wee bit more), but it still seems to both float your boat and allow you some level of comfort (to the extent that you are not just making shit up... hahahahaha).
Anyhow thanks for referencing me, which I largely read as an opportunity to harass you a wee bit.
Just sitting here doing a little multisig build with my jaw repeatedly hitting the floor as political leaders ALL OVER Central and South America are putting laser eyes in their twitter profiles.
This is UNREAL.
I *LOOOOVE* that we are in the middle of an attack on price (I say it because of the short interest that cropped up etc). I betcha we see that attack simmer down pretty quick now because the people doing it must be about to shit their pants. Because if they don't close out of all that stuff they stand to get caught in a pretty epic short-squeeze. In fact it's a catch-22. If some of them get cold feet. But who knows? The wallets I am making are not for selling to Michael Saylor, that's for sure, lol...
I think we COULD see one more capitulation event? But how on EARTH does this keep going down?
Even though atm u b seeming
very, very, very ccccciiiiiiiittttttttteeeeeetm... not safe to keep too many of your lil screwie thing-i-ma-jiggies in one spotty
(speaking of doggies).
#just saying