Thursday, January 21, 2021

3 Key Reasons

Why you shouldn’t sell.

  1. Many are pretty incapable of removing emotions from their financial decisions. The more emotionally attached you are to an investment, the more likely you are to make a mistake with it

  2. Holding your asset costs $0 (generally speaking) and you can short (hedge) when you feel uneasy. Not only is this peace of mind it’s also a non-taxable event (holding)

  3. Borrowing against bitcoin will soon become more user friendly. Money is cheap, bitcoin will thrive for many more years. Once it becomes a less volatile asset more will jump on-board

But don’t listen to me, I play by my own rules.


No comments:

Post a Comment