they would rather hold on to cash, don't see the point in investing,
I am curious do you still have cash savings or all in cryptocurrencies?
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they would rather hold on to cash, don't see the point in investing,
I am curious do you still have cash savings or all in cryptocurrencies?
Yes I do, I still keep 40% of my net worth in cash because it’s so liquid and easy to transfer into investments since I invest long term once I secure a position it’s either to trade very far in the future or it kicks off cash flow
I still think cash is important for investing because it allows you to pull the trigger on opportunities! The only reason I sit on such a larger cash postion is because it’s hard to find investments that are realising positive real rates after you factor in inflation and fees
I understand