Can Your HODL Be Too Large?

Believe Or Not, Yes It Can!

Goats With Too Much HODL!

Let me briefly explain.

This week Nassim Nicholas Taleb, who wrote the foreword to Saifedean Ammous’’s classic The Bitcoin Standard, published a draft predicting the demise of Bitcoin.

This stirred quite a bit of drama, politics, and emotion in the world of Bitcoin.

I do not need to address nor will I address the merits or deficiencies of the article. There are many far more competent than I am that have done so or in the process of doing so.

But let’s assume that Taleb is correct. Or rather, if you are convinced Taleb is wrong assume that sometime next week, or next month, or next year bitcoin is exposed as a bubble and becomes worthless.

How would you fare?

Would you and your family be devastated? Or are they provided for apart from your hodl?

I think you see my point. This is the fallacy of hodl without saving and building! If you and your family would be devastated your hodl is too large