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submitted 1 year ago by mvmike@lemmy.ml to c/greentext@lemmy.ml
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[-] Cethin@lemmy.zip 16 points 1 year ago

Well, it would be smart to cash part of it out and diversity your portfolio in case something happens.

[-] MeatsOfRage@lemmy.ca 12 points 1 year ago

Exactly. I hate this message that you should ride Bitcoin to the bottom because some day it'll be worth a million. Cash is a position. When it's low (and it always goes low) you can buy back in again. You effectively have more Bitcoin for the same invested cash.

this post was submitted on 02 Sep 2023
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