That's assuming the chance of each happening is 50/50. And it also depends on your risk appetite. If you have the chance at infinity money with a 1% chance risk of losing it all would you take the gamble? What about a 2% chance? 3%?
It also doesn't take into account conviction and fundamental value.
If I'm being honest, at this stage considering the amount of institutional, corporate, and high net worth value is in Bitcoin, i think the risk of Bitcoin going to zero is significantly less than 1%.
But going back to your specific question, you ask if there is a valid case for owning too much bitcoin? Nah. If it goes to infinity, you'll never own enough. If it goes to zero than owning ANY bitcoin is too much. I believe it's a near zero chance bitcoin goes to zero so based off that logic, I can never have enough bitcoin.
Bit 🐳 Ish
npub13c…wkzpe
2024-09-13 21:01:15
in reply to nevent1q…tmjd
Author Public Key
npub13cnlldwfhwxd6qf34hnwlfya2m2qrd2zfk0alxnrup6d2fasw9wqxwkzpePublished at
2024-09-13 21:01:15Event JSON
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"content": "That's assuming the chance of each happening is 50/50. And it also depends on your risk appetite. If you have the chance at infinity money with a 1% chance risk of losing it all would you take the gamble? What about a 2% chance? 3%? \n\nIt also doesn't take into account conviction and fundamental value. \n\nIf I'm being honest, at this stage considering the amount of institutional, corporate, and high net worth value is in Bitcoin, i think the risk of Bitcoin going to zero is significantly less than 1%.\n\nBut going back to your specific question, you ask if there is a valid case for owning too much bitcoin? Nah. If it goes to infinity, you'll never own enough. If it goes to zero than owning ANY bitcoin is too much. I believe it's a near zero chance bitcoin goes to zero so based off that logic, I can never have enough bitcoin.",
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