BTC should be a part of a diversified portfolio.
You are in the Bitcoin sub so….
OutlandishnessLimp25 on
BTC. Downside risk is limited imo.
Buying now might bring you to a 15-20% drop or so in the near term. However, if you truly don’t need the money in the near term, the upside is far greater than 15-20% imo.
Of course I don’t have a crystal ball, just as others don’t either. But, I’ve been buying since 2017 and have always had conviction in Bitcoin longterm so it’s easy for me to buy and hold.
I think as long as you truly don’t need the money in the short term, these prices are great for a longterm holder.
If you asked me this same question and the caveat was for the next 30-90 days I’d say keep your cash but if you have a longer time horizon where you don’t need the cash, then bitcoin is my answer all day.
Here are some longer term visuals that help articulate my sentiment:
How about stablecoins? You can use it for both buying now (spot) and hedging a short sell position (futures) in case we go lower.
Survivalist2 on
It really comes down to what goals you have? If you want to have some cash put aside for unoredictable times then BTC isn’t the right option because its volatile.
Over-Treat5374 on
Depends for how long. If long term – definitely btc
AnyMeet6281 on
It’s not an “either/or” question, it’s a **risk management** question.
Cash is for your 6-month emergency fund (rent, food, bills). It’s your safety net. Don’t invest money you might need next month.
BTC is for your **purchasing power** in 5-10 years. It’s a hedge against inflation. While cash loses value every year (devaluation), BTC has a fixed supply.
**The Strategy:**
1. Keep enough cash to sleep well at night.
2. DCA (Dollar Cost Average) into BTC with what’s left.
3. Move it to cold storage and ignore the daily noise.
Don’t gamble with your survival fund, but don’t let your long-term savings melt away in a bank account. 🛡️
BigX070 on
Btc has been my piggy bank since ath 2021, unfortunately had to sell a couple times to pay rent, groceries and weed
guup_ on
Both
Silasurf on
Bitcoin. Saving cash is like saving white bread. It will soon stale…
10 Comments
BTC should be a part of a diversified portfolio.
You are in the Bitcoin sub so….
BTC. Downside risk is limited imo.
Buying now might bring you to a 15-20% drop or so in the near term. However, if you truly don’t need the money in the near term, the upside is far greater than 15-20% imo.
Of course I don’t have a crystal ball, just as others don’t either. But, I’ve been buying since 2017 and have always had conviction in Bitcoin longterm so it’s easy for me to buy and hold.
I think as long as you truly don’t need the money in the short term, these prices are great for a longterm holder.
If you asked me this same question and the caveat was for the next 30-90 days I’d say keep your cash but if you have a longer time horizon where you don’t need the cash, then bitcoin is my answer all day.
Here are some longer term visuals that help articulate my sentiment:
https://ibb.co/sV1sLSV
https://ibb.co/qWtxfmF
How about stablecoins? You can use it for both buying now (spot) and hedging a short sell position (futures) in case we go lower.
It really comes down to what goals you have? If you want to have some cash put aside for unoredictable times then BTC isn’t the right option because its volatile.
Depends for how long. If long term – definitely btc
It’s not an “either/or” question, it’s a **risk management** question.
Cash is for your 6-month emergency fund (rent, food, bills). It’s your safety net. Don’t invest money you might need next month.
BTC is for your **purchasing power** in 5-10 years. It’s a hedge against inflation. While cash loses value every year (devaluation), BTC has a fixed supply.
**The Strategy:**
1. Keep enough cash to sleep well at night.
2. DCA (Dollar Cost Average) into BTC with what’s left.
3. Move it to cold storage and ignore the daily noise.
Don’t gamble with your survival fund, but don’t let your long-term savings melt away in a bank account. 🛡️
Btc has been my piggy bank since ath 2021, unfortunately had to sell a couple times to pay rent, groceries and weed
Both
Bitcoin. Saving cash is like saving white bread. It will soon stale…
Save and buy around September/October