Hey man thanks for the vid! It really helps to hear your calm and objective pov during events like this. So I have some questions for you :
- You talk a lot about portfolio allocation and being diverse. Could you share a rule of thumb? How would you be positioned in the distinct cases a.cash-crypto and b.cash-crypto-stocks ?
- You also talk a lot about the 'valuation' (or lack thereof) of Bitcoin. I am wondering (disclosure: I am neither experienced nor do I have econ training) couldn't the total hashing power of the network provide an estimate for the 'actual' value of Bitcoin? I mean, shouldn't the price of Bitcoin reflect the costs of mining and related expenses?
Thanks a lot!
RE: Why I Buy Bitcoin During Crashes Despite Calling it a Bubble