When Bitcoin dips, the question isn't whether to sell. Bloomberg's Eric Balchunas says to ask whether you've held for five years yet, noting anyone who held Bitcoin for four…
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When Bitcoin dips, the question isn't whether to sell. Bloomberg's Eric Balchunas says to ask whether you've held for five years yet, noting anyone who held Bitcoin for four years has historically ma…
When Bitcoin dips, the question isn't whether to sell. Bloomberg's Eric Balchunas says to ask whether you've held for five years yet, noting anyone who held Bitcoin for four years has historically made money "If you hold for 4 years at any point, you made money. If you tried to go in and out, it was a crapshoot. Who knows? You could have lost or made money." "I like this idea of committing. I think Buffett would say the same thing about equities. If you just commit to 5 years, 10 years, and then you put the money in, whatever it is, stocks, Bitcoin, whatever you like." "The question isn't, when it goes down, should I sell? The question is, has it been five years yet?" "You can do this with goals in life. I've done this. Training for a marathon, it's not, should I continue? It's, has it been a year yet? I committed to this training program for a year. You have to change the question and absolutely commit." "I think as an investor, this would be advice across all asset classes. This is what people forget."
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