Re: Rethinking the Permanent Portfolio
Posted: Wed Jul 03, 2019 2:15 pm
Permanent Portfolio Forum
Exactly. I feel like I’ve given this answer before but:
Agreed that bitcoin and cryptocurrencies in general are most appropriate for the VP. And certainly the VP is where anything goes.bitcoininthevp wrote: ↑Wed Jul 03, 2019 2:00 pmSince IMHO Bitcoin would be in the VP, there are not many guidances that would be PP specific. Since I think the VP is "anything goes" pretty much. But maybe Im missing something there. Feel free to add some follow up questions. Im happy to include some ideas on monetization, risks, applicable articles that might appeal to PPers.Smith1776 wrote: ↑Wed Jul 03, 2019 1:39 pmbitcoininthevp, would you be willing to write up a short post (sticky?) as a guide on how best the rest of us can test the waters in integrating bitcoin/cyrptocurrencies into our portfolios? I mean, guides like that exist, but I mean your ideas within the context of the pp/vp. What to avoid, how best to pursue it practically, how much to integrate, and all that pragmatic stuff.
I can recommend a way to acquire a small amount of Bitcoin that I think is most safe. And a way to store Bitcoin securely. Ill let others post any additional questions here before I draft it to make sure everything is included.
I am also happy to answer any direct messages for people who have specific questions.