Subnostr

Just rebalanced my pension portfolio (the part of it that can't be bitcoin exposed) to precious metals, commodities and energy.

Dumping everything else.

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Just rebalanced mine too, just bitcoin 🤷‍♂️

I've got 80% of it in bitcoin. The other part is locked in funds.

Wise move 🤙

If I do well, I can get early retirement and convert it into bitcoin. 😂

Fingers crossed 😉

What's the rationale?

Everything that is not of tangible real value will become worthless due to inflation.

I'm guessing you include stocks/indexes in that too

That is the worthless part. :P

Stonks might rise, but not enough to save you from inflation.

And if there is a huge financial crash, stonks are usually hit the hardest.

Yeah I have a little in the S&P but I'm mostly balls deep in bitcoin

Same. I would get ready with dry powder instead of being exposed to the stonks right now.

Are you from the U.S.?

No, Europe.

Which country? How does your pension system work there?

Iv been buying metals and Bitcoin because I have no faith in our Euro pension funds. I think they will collapse in the crash.

Same here

I don't know what will happen in the short term.

My retirement fund has a very low time preference & has invested to minimize risk & taxation.

Its allocation is 99.9% Bitcoin in cold storage & under my control.