Mark Moss argues that Bitcoin requires a four-year minimum holding period to weather its volatility, similar to the five-year rule for real estate. Match your investment timeline to the asset: short-term money needs Treasury securities, but if you can lock away funds for four years, Bitcoin becomes viable.
Oil and gas is volatile as well. Why do you care about the volatility? What are you thinking in volatility? And I kind of explained to her that we want to think about assets and the volatility and the duration of those assets, how long we need that, right? So the shorter term I need that money, the less volatility I can stomach. If I need the money in 3 months or 6 months, I want like no volatility. It needs to be in like treasuries or money market accounts or stretch or something like that. If you're going to be longer out— and so like with Bitcoin, what I've typically told people is take all the money you can afford not to spend for the next 4 years and put that into Bitcoin. Started my career in real estate, and the age-old saying in real estate— and a lot of you guys probably know this if you're old enough— know that people would say, don't buy a house unless you plan on holding it for 5 years, because that was sort of like the cycle that we'd see in real estate. So it's sort of the same thing. Don't buy Bitcoin unless you plan to hold it for 4 years.
