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Comment by DonsDiscountGas

2 months ago

If you haven't already, now might be a good time to sell some of that bitcoin

7 comments

DonsDiscountGas

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boopk  2 months ago

okay I don't comment on here often, can check my post history, but absolutely would not sell your bitcoin any time soon considering we have a pro crypto president and have an approx 40% chance of a bitcoin strategic reserve within the first 100 days. terrible advice tbh.

  • skybrian  2 months ago

    I think the word some is doing most of the work there. There are other investments, too, you know. Diversifying means you sleep better.

    (Also, Congress just showed that many Republicans won’t listen to Trump, or Musk, when they have other ideas.)

    • boopk  2 months ago

      I wouldn't sell any imo. if anything his conviction should have grown. sell now for what? to buy back higher in 4 years? diversifying in assets that historically perform worse would not make me sleep better tbh esp considering the events on the horizon for btc... nation states buying, US strategic reserve potential, microstrategy issuing 10b stock proposal, etf's buying at an alarming rate. Way too much happening imo to sell at the precipice of what very well could be the end of consumer friendly pricing for btc.

      1 reply →

raincole  2 months ago

Yeah HN has been giving this advice since BTC was at 60k.

And 30k.

And 10k.

  • rqtwteye  2 months ago

    I mined a ton of bitcoin with a friend when it was really new and then forgot about it because it was useless at the time.

    I kicked myself already at 1k and would have sold then. That is, if I hadn't thrown away the disk with they keys