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Agree but dont u think thi hurts btc too? Curious how u think about it or do u have no need for liquidity any time soon

i'm holding cash (USDT) - I sold out of some companies a lot more about two/three weeks ago, and have been holding cash for at least 3 months now given it's March.

I did the same with BTC around ~105 and have been holding USDT since.

cash yields, risk free, are high right now and have been for some time. It's actually a safer bet for most investors because it's backed by short and medium T-bonds, and those rates are pretty decent for the opportunity cost of equities markets being this volatile.

I'm not a trader, i'm an investor - so i don't play the volatility or momentum.

IMO companies have been way overvalued, even on basic fundamentals like P/E, so why even bother buying them when you can sit pretty with a cash pile?

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Discussion

S!ayer 10mo ago

* that should be USD not USDT.

S!ayer 10mo ago

I mean, same thing right.

Vic 10mo ago

Cool, thanks. Much the same. Still holding 25% of my BTC and will buy back in if it crashes. I think the btc price appreciated too fast compared to adoption, but that’s an unpopular opinion on this site

S!ayer 10mo ago

"I think the btc price appreciated too fast compared to adoption,"

good metric to follow there. There's most certainly momentum from the Trump election win, but that's fading with the realization of other coins in the strategic reserve and BTC being a seemingly afterthought.