Row 93339

Row ID: 93339 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 93339 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

I've seen a few people talk about borrowing against their crypto but I am not keen to do that with such a volatile asset. I have never sold any up until now, but I think I'd rather take some out at some stage in the next 12 months (lock up a little profit) and then I can always reinvest a portion of what I take if the price dips significantly or just hang on with the remainder if it keeps going up (meaning I still plan to leave most of it in the market). Still just figuring out what is best for me so it's good to hear from other people with similar goals.

For perspective on my situation. I am in my early 40's with a Wife and kid, we haven't worked in 5 years as just living off investments and savings and currently travelling, but still have a mortgage and not enough wealth to be considered retired. Hoping to get there through good decisions without re-entering the workforce again but willing and able to work again if I have to (basically if we get down to about 12 months of living expenses I'll revisit that idea but in the five years since quitting my job I have made more than I spent so it's ticking along ok so far). My crypto investments represent roughly 10% of my overall net worth, but about 40% of it if you take out home equity.

FieldValue
text I've seen a few people talk about borrowing against their crypto but I am not keen to do that with such a volatile asset. I have never sold any up until now, but I think I'd rather take some out at some stage in the next 12 months (lock up a little profit) and then I can always reinvest a portion of what I take if the price dips significantly or just hang on with the remainder if it keeps going up (meaning I still plan to leave most of it in the market). Still just figuring out what is best for …
label r/cryptomarkets
dataType comment
communityName r/CryptoMarkets
datetime 2024-05-25
username_encoded Z0FBQUFBQm5Lak10SlVEbHlDRWR5blB0WEoyTENfNVVITUlMc3ZMM2FYWUFVdXgzU1VnTGY3LUJZSlUzeXA2MDIyMTNzLWpNWGNIZkQzQlVnWHpEUGV4eUtXUjY4bllENVE9PQ==
url_encoded Z0FBQUFBQm5Lak9famFqcGliWWJ0OHBBU2FGWDJuV1c4bV9aVXg2VDNRcVJtS2pocjBrVm9nVDlSTy13RDcwdTBvYkdYaUJIbVBFX09IUkZFT3RzVGJMZGdrVHViRVFIb1NqR2djZWNJQVljT2dOdFkyUE5MaThZM0RoY0hqVkdDR011eDNJSjlQSnI4VEE2VHRjTkp6R2VKNmxXWWZSNnpEbm5VLWkwTVFuTUtoOUFsZllXRG5Za1d4RnJCVmZEYTk5ZHMwaHNNRXhPMGVCMExkU3VfWHMyZmhxeldHcTZXUT09

Raw Record

{
  "text": "I've seen a few people talk about borrowing against their crypto but I am not keen to do that with such a volatile asset. I have never sold any up until now, but I think I'd rather take some out at some stage in the next 12 months (lock up a little profit) and then I can always reinvest a portion of what I take if the price dips significantly or just hang on with the remainder if it keeps going up (meaning I still plan to leave most of it in the market). Still just figuring out what is best for me so it's good to hear from other people with similar goals.\n\nFor perspective on my situation. I am in my early 40's with a Wife and kid, we haven't worked in 5 years as just living off investments and savings and currently travelling, but still have a mortgage and not enough wealth to be considered retired. Hoping to get there through good decisions without re-entering the workforce again but willing and able to work again if I have to (basically if we get down to about 12 months of living expenses I'll revisit that idea but in the five years since quitting my job I have made more than I spent so it's ticking along ok so far). My crypto investments represent roughly 10% of my overall net worth, but about 40% of it if you take out home equity.",
  "label": "r/cryptomarkets",
  "dataType": "comment",
  "communityName": "r/CryptoMarkets",
  "datetime": "2024-05-25",
  "username_encoded": "Z0FBQUFBQm5Lak10SlVEbHlDRWR5blB0WEoyTENfNVVITUlMc3ZMM2FYWUFVdXgzU1VnTGY3LUJZSlUzeXA2MDIyMTNzLWpNWGNIZkQzQlVnWHpEUGV4eUtXUjY4bllENVE9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9famFqcGliWWJ0OHBBU2FGWDJuV1c4bV9aVXg2VDNRcVJtS2pocjBrVm9nVDlSTy13RDcwdTBvYkdYaUJIbVBFX09IUkZFT3RzVGJMZGdrVHViRVFIb1NqR2djZWNJQVljT2dOdFkyUE5MaThZM0RoY0hqVkdDR011eDNJSjlQSnI4VEE2VHRjTkp6R2VKNmxXWWZSNnpEbm5VLWkwTVFuTUtoOUFsZllXRG5Za1d4RnJCVmZEYTk5ZHMwaHNNRXhPMGVCMExkU3VfWHMyZmhxeldHcTZXUT09"
}
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