Trust me I hear ya bro… and I’ve been letting the winner run. But if something gets over 60% of portfolio I just have to make it smaller.
There is a popular meme going around Twitter about how Bill Gates listened to his buddy Warren Buffet's advice to diversify his Microsoft shares. If Bill hadn't, he apparently would have been a trillionaire. I can't verify those numbers, but just passing it on.
Never ever going to happen!!! 1 billion is extremely wishful thinking. Never happening......you are talking a market cap well beyond the entire value of all financial markets combined!!!
If Bill gates did hold onto to his original msft shares and never parted with 1 single sharez yes today he would be worth 1 trillion dollars. That is true.
It definitely gets scary with a large % portfolio holding. But lets see if we can remove emotions..... You have a portfolio of 100 positions and you need cash, which do you sell?
I’d prob sell the one performing the worst. It’s not about that, it’s about maintaining at least a semblance of diversification. This is one area is disagree with my fellow bitcoin brothers and sisters, I think all in bitcoin is totally insane no matter how bullish I am on it.
If Bill Gates and Buffett (including Soros) are so smart... why is it they continually lose billions to marriages and divorce?
You are not a Bitcoin or crypto bro, no matter what you tell others or yourself You are brainwashed by the fiat debt-based slavery monetary system I hope you make your millions and sell most if not all your Bitcoin and crypto assets You can Fuck off into the sunset https://www.elitetrader.com/et/threads/bitcoin-as-a-unit-of-account.377784/