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npub1marc2
2w ago
That's a good start, but assume it will last 3 months. I'm bullish, but I've been around long enough to prepare for the worst.
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npub1n7xj6
@npub1n7xj6
2w ago
Thanks, Marc. Are you saying basically assume your Bitcoin emergency fund will last half as long as you think it will due to the possibility of bearish price action?
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npub1marc2
@npub1marc2
2w ago
I wouldn't say "assume," but I am prepared for a 50% drawdown at all times. It's not that I'm bearish, I've just seen it "crash" too many times to not prepare for this.
If it doesn't...Awesome! If it does, It will go back up, but I still have bills to pay.
If it doesn't...Awesome! If it does, It will go back up, but I still have bills to pay.
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