Portfolio First

Manage your portfolio and protect your capital on the path to financial freedom.

[Portfolio First @Portfolio_First]

@TedPillows It’s a tricky spot - we may not see a lower low in this move. But I’d prefer a dump to $50K or lower, followed by a relatively meaningful counter-trend rally into Q4.

[Portfolio First @Portfolio_First]

@EthereanVibin Bears are already taking profits and generating the only buying pressure, while yesterday’s bulls capitulated and dumped the market.

[Portfolio First @Portfolio_First]

@TedPillows Even 11.5% on ETH is not that bad as 11.5% on Bitcoin. At least it generates cash flow.

[Portfolio First @Portfolio_First]

@catwith1hat @TrustlessState It is, which is great for adoption.

[Portfolio First @Portfolio_First]

@CalebFranzen Is there another London Bridge up for sale? :)

[Portfolio First @Portfolio_First]

@katyXBT 15% BTC, 5% ETH, 3% alts, 77% still cash.

[Portfolio First @Portfolio_First]

@OInvests @BitcoinAIGuy Totally agree. I think that for Bitcoin to become a successful store of value, it should suppress volatility as much as possible. And the more liquidity flows into the network, the closer we get to that goal.

[Portfolio First @Portfolio_First]

The harsh truth: You don't actually want Bitcoin. What you want is to be rich - to buy cars, houses, clothes, food, or anything else without working for a wage.

Two problems: those things are priced in fiat, and Bitcoin isn't designed to make you rich.

[Portfolio First @Portfolio_First]

@OInvests @BitcoinAIGuy Yeah, definitely, using Layer 1 for transactions is overkill.

[Portfolio First @Portfolio_First]

@OInvests @BitcoinAIGuy Great use case, but volatility is a huge problem then.

[Portfolio First @Portfolio_First]

@jasonpizzino Probably long-term holders need to stay delusional, otherwise…

https://t.co/AHiTamYD8d

[Portfolio First @Portfolio_First]

If you bought Bitcoin at $120k+ and sold it now at $60k+, the biggest realized loss is probably not the -50% capital loss, but the impact on your mental health.

[Portfolio First @Portfolio_First]

If you bought Bitcoin at $120k+ and sold it now at $60k+, the biggest realized loss is probably not the -50% capital loss, but the impact on your mental health.

[Portfolio First @Portfolio_First]

@SamuelF97727234 Then you are on the right side.

[Portfolio First @Portfolio_First]

Your conviction about where the market is heading always fights with the floating PnL of your portfolio.

[Portfolio First @Portfolio_First]

@BitcoinRachy Looking at the comments, it seems like everyone expected it except you :)

[Portfolio First @Portfolio_First]

@16bit_kaspa @realvijayk Exactly what I meant.
Somehow people decided that I am against Bitcoin, while my whole portfolio is 80% Bitcoin-related, most of which is stored in a cold wallet.

[Portfolio First @Portfolio_First]

@RonSwanonson The biggest Bitcoin buyers now are bears, because there is no way Bitcoin maximalists would keep holding corrupted fiat to allocate now.

[Portfolio First @Portfolio_First]

@TheBTCKnight Today was a perfect day to buy. I allocated an additional 15% of my portfolio to Bitcoin.

[Portfolio First @Portfolio_First]

Imagine being a Bitcoin maximalist and not being able to buy it when it suffers from liquidity crisis, because you are out of cash.

[Portfolio First @Portfolio_First]

@jfonseca81 Privacy coins would do it better.
For your information, I keep all my money in crypto to protect it from governments and banks. Do you? Because if you don’t, we can argue about who the clown is.