pull down to refresh

120 sats \ 4 replies \ @Undisciplined 11h \ on: Personal Finance Musings: To Bitcoin or Not to Bitcoin, That is the Question econ
I'm not sure if I totally follow the reasoning, here.
Why not still hold straight bitcoin, but keep enough of a bank balance to cover your cash needs for whatever timeframe puts you at ease?
write
preview
42 sats \ 2 replies \ @denlillaapan OP 11h
Guess that's an option. No yield, locking in loss...?
reply
88 sats \ 1 reply \ @Undisciplined 11h
You're the one who's uncomfortable with bitcoin's sudden plunges.
This seems like a cleaner way to be in bitcoin without needing to worry about short term cash flow.
reply
42 sats \ 0 replies \ @denlillaapan OP 10h
I wonder if it's something about the lock-up, a corporate security/financial instrument that signals savings over potential consumption.
I'll think more about it
reply
42 sats \ 0 replies \ @OT 11h
This.
Sats bought a few years ago are already in a winning position to spend on your week to week needs.
reply