Why it's so important to make cash a large part of your portfolio.

in bitcoin •  7 years ago 

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For days like today and the days to follow. Bitcoin looks to be going on clearance and the bottom has still not yet been found. The good news is that I have been here before and getting back up to 20k will not happen overnight. Lessons should be learned, like taking profits on an all time high and moving that into a cash portfolio. I know its boring and not crypto, but would come in handy right about now.

As cash comes in I'll be buying all day at these prices, but HODL the cryptos I have now, so I don't miss the bounce.

Oh and I made a twitter @cryptopatrick2

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Finally a word about cash.
Got to have it to survive. It's the brutal truth.
Like it or not having 15%, or a years worth of expenses is important.

So true!!

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