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Reflections on Bitcoin(i.e. it may be time to sell)

  Below are points I made back in January to try and convince those who may have the buy and hold bitcoin forever mindset to possibly consider selling some of their bitcoin. The numbers are from January, but I don’t think I need to update the numbers to make the point come across.  My reading below isn’t that much of an investment of your time, but for those who have serious bitcoin holdings, I highly recommend reading this short article that paints much of the dollars going into bitcoin as potentially illegitimate. Basically, it says much of the price movement could be fraudulent. I’ve provided a article that tries to counter that bitcoin short article as well. My thoughts on the short case are represented at the end. January article Since March Bitcoin has gone up nearly 600%. There is a lot of People with a lot of house money, wealth that was earned very easily. This could be ammunition for a big sell off. Considering around 18.1 Mil coins in circulation. in March wi...
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Considerations for investing in the Spring of 2021

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I have been putting this together over the last week or so, and I decided to publish after hearing about the Archegos Capital mishap , where Bill Hwang built huge leveraged positions in some stocks at multiple investment banks. When those stocks started to decline in value and Hwang couldn't meet his margin calls, it lead to a fire sale where basically all the banks tried to get out of their position at once, causing large losses for the banks involved. Overall, it was a large oversight on the banks risk management side of things. I bring up this story, because it is analogous to what my post is about, which is that risk has been building for years in stocks, bonds, and other investments and that many investors have overlooked this risk.   This post isn't going to be about predicting the future, it is going to be my attempt to lay out where we are at currently. This is my assessment of the environment, but is ultimately an informed opinion backed by observation and it is open ...
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