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How do you know he isn’t hedged? NOT keeping it in Bitcoin is some next-level stupidity, by the simple analysis of trends over the time he’s held it. And the
by pjkundert 2y ago
How do you know he isn’t hedged?
NOT keeping it in Bitcoin is some next-level stupidity, by the simple analysis of trends over the time he’s held it.
And the inflation produced by the creation of broad money over the last 3 years hasn’t even come home to roost, yet.
I’d say he’s being ruthlessly analytical, not greedy.
- metabagel 2y agoPast performance does not guarantee future results.
- kube-system 2y agoTrue, but if he were looking for guaranteed returns he picked the wrong investment. I presume this person is has some level of risk tolerance far exceeding zero.