Is there any reason to hang onto stocks that vest once you understand bitcoin?
#asknostr
Discussion
Hedge against Bitcoin?
There is definitely volatility in the coin. If you have bills denominated in a local currency, it could be good to hold some to weather storms should something happen.
Long terms savings btc
Medium terms equities
Short terms cash.
Ofcourse you can do btc for everything then sell as you go to pay expenses. It’s upto you and your risk profile.
Just in tax sheltered accounts imo. Why pay 10% fee to take it out, in addition to cap gains.
Because you can then buy Bitcoin with it.
Every year I do a risk assessment. How comfortable am I with key setup, how comfortable am I with brokerage setup, political climate stability. And slowly move more to BTC depending on the outcome.
I would love to have the whole family on board as backups and trained up on keys and wallets, but until that happens there is a responsibility to make my decisions don't impact others...
Plus the Health Savings Account is tax free tlnow for anyone's health expenses.
Last time I held stocks was while I was going down the bitcoin rabbit hole I sold everything and bought the coin and I’ve never looked back
Any reason at all? Diversification of asset classes?
Unless the money is stuck there, not really