it would be smart for me to sell some BTC right now but I don't want to, which is an interesting internal experience
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Replying to @sonyasupposedly @sonyaellenmann
life hack: invent PROCESS / HEURISTICS ahead of time, and then commit to that...when cost of commitment is easy. Follow the heuristic, and build a mental model of yourself as "someone who does X". E.g. "buy $20/week if price < X, hold if X < price < Y, sell $100/week if > Y
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Replying to @MorlockP @sonyaellenmann
For cybercoins the version of this I'd suggest is periodic rebalancing to some % of net worth. (Or maybe doing the regular buying/selling in the direction that that criterion tells you.) It's hard to say what the price 'should' be at this point.
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Replying to @abecedarius @sonyaellenmann
rebalancing is a very good technique, in general
8:45 AM - 27 Jun 2019
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