Nobody here on #nostr is too surprised when they read a paper that states that the R:R of holding a portfolio with 84% #Bitcoin is comparable to a 60/40 portfolio - of the past 10 years. (Though, it's prob. questionable if the 60/40 is still going to be considered useful into the future.)
What is not considered re. a large bitcoin allocation, is our emotional reaction to hype cycles. It's our individual response to the bubbles that kills the out-sized performance - it killed mine 2x's now. It exposed that I was Bilbo, not Frodo. Made me a complete fool. Now, I'm starting to think that the best way to remain uninfluenced by the FOMO and FUD is to give, and to think in bigger terms about what it means to be wealthy, and/or pursue wealth. That's much harder to do, but more lasting and worthwhile. #puravida. (Focus on the "stay humble" part of the "stack sats" phrase.)