Never go full.
Personally, I have no problem with guys putting a percentage of their BTC value into ETFs, yet once we learn how to store our BTC, we have gotten over a large part of the hurdle., yet I also know it can be scary to self-custody, and the passing down (inheritance) can be quite tough with self-custody. To give away some information while living, but not too much that the person might access coins prior to permission. Trust can be really difficult, even with people we are close to.
It seems to me that holding your own coins is not so much about being a maxi, but maybe attempting to appreciate that bitcoin has no value if at least a certain decent percentage take coins into their own self-custody. I don't know what the minimum of that percentage has to be, since even if we might not take coins into our own self-custody, we have to have the power to do so, too, yet if everyone is holding BTC through a custodian, then it becomes easier to attack the self-custodial folks.
Perhaps self-custody is self-preservation? I am not going to say it is easy - maybe a reason for us to continue to search locations to spend our bitcoin to encourage self-custody, even if we might be doing spend and replace.
Dear Lord, he's moving in the wrong direction!
This happens when you are becoming too rich!
Do you think it is an all or nothing question? Self-custody versus third-party custody? Is there an acceptable amount to keep with third parties? I am tentatively thinking that if our stash is becoming larger, then we are going to want to have some parts of it held in different ways. With self-custody we think of hot, medium and cold storage, but we also might sometimes think about multi-sig, and some forms of multi-sig give up some control over the stash.
I don't claim to know, since there can be scary things about keeping track and storing seeds, and some folks might feel that they don't have secure places to hide some kind of an engraved device...or maybe one or two buildings (geographically separated is another luxury), and then needs to update the new passwords or new seeds that might get generated from time to time.
Bitcoin is Plan A
Give up your keys? Not your coins!
This be called Plan B
Plan B is a bust
Plan A is for the future
keep stacking Bitcoin#haikuWhat happens if a guy has concluded that he has enough bitcoin or more than enough?
Is such a status even possible from your perspective, vapourminer?
I am thinking that some bitcoiners are becoming surprised that they are not really able to spend their bitcoin as fast as it is increasing in value, especially once getting to a certain stack size.
So, then there becomes questions regarding how to hold it and where to store it, including considering if there might be some advantages with third-party custodial arrangements, not that it needs to be with an ETF.
Poll
