Tuesday, December 19, 2023

Sell the News - But I’m not Selling

I think the ETF approval will be a sell the news event. Why? Basically because I think we’re going into a recession and risk on assets (which unfortunately Bitcoin trades as) will suffer.

But I’m not selling. Why? Because at best I’ll get some extra cash after I buy back in. At worst I’ll lose out on one of the most incredible price appreciation events of a generation.

The smartest thing to do is to not try to be smart. Accept what you don’t know and HODL.


No comments:

Post a Comment