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Author Topic: I bet it all in bitcoin?  (Read 2704 times)
scanderpot (OP)
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January 04, 2019, 09:05:20 PM
 #1

"If I'm right in the thesis, what do I get?"

"But on the other hand, if I am wrong, what is the maximum I lose?"

With these two bezels on your head, it's easy to size and risk your bet.


The risk is huge and so we must scale very well the amount we have to lose, not to fall into the fallacy of trying to solve life with a single shot.

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January 04, 2019, 09:48:15 PM
 #2

"If I'm right in the thesis, what do I get?"

"But on the other hand, if I am wrong, what is the maximum I lose?"

With these two bezels on your head, it's easy to size and risk your bet.


The risk is huge and so we must scale very well the amount we have to lose, not to fall into the fallacy of trying to solve life with a single shot.

Only too many people are blinded by their optimism and fail to see the downside. It seems that when it comes to investing people are a lot more naive than in other aspects of life where they're able to think rationally and adapt to risk.

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January 04, 2019, 10:02:10 PM
 #3

If you want big profits, you should accept big risk. Both choices can be and unfortunately, it is impossible to know which one will happen. I think it is better to try as you can risk, otherwise you may lose all your money. ''Greed is good, but when the time comes.''
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January 04, 2019, 11:08:42 PM
 #4

If you want big profits, you should accept big risk. Both choices can be and unfortunately, it is impossible to know which one will happen. I think it is better to try as you can risk, otherwise you may lose all your money. ''Greed is good, but when the time comes.''
I agree with you, that risk is part of the business. risk in crypto should not be avoided because it is difficult, in my opinion the risk should be controlled and minimized. this part becomes important to learn even though it's not easy.

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January 04, 2019, 11:52:42 PM
 #5

If you want big profits, you should accept big risk. Both choices can be and unfortunately, it is impossible to know which one will happen. I think it is better to try as you can risk, otherwise you may lose all your money. ''Greed is good, but when the time comes.''


I agree want earn hugeable need to take risk and sacrifice that is part of trading job to minimize the risk need to focus give quality time in trading. and good luck for your wheel hope you got success.

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January 05, 2019, 03:35:12 AM
 #6

be careful with 2019, where the existence of bitcoin is not in good condition, many people predict that bitcoin in 2019 will experience halving and low prices, before welcoming bulls from 2021 to 2023
I myself prefer to sell bitcoin while the price is above 3500 USD, and buy it when the price of bitcoin is in the figure of 3000 USD
This year's trading will be a little difficult, because it's hard to find the best loopholes to sell
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January 05, 2019, 03:44:44 AM
 #7

If you want big profits, you should accept big risk. Both choices can be and unfortunately, it is impossible to know which one will happen. I think it is better to try as you can risk, otherwise you may lose all your money. ''Greed is good, but when the time comes.''

good opinion, law in business, the greater the profit, the greater the risk, most successful people are people who are not afraid of risk, we only need to learn how to minimize risk  Grin
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January 05, 2019, 04:10:56 AM
 #8

be careful with 2019, where the existence of bitcoin is not in good condition, many people predict that bitcoin in 2019 will experience halving and low prices, before welcoming bulls from 2021 to 2023
I myself prefer to sell bitcoin while the price is above 3500 USD, and buy it when the price of bitcoin is in the figure of 3000 USD
This year's trading will be a little difficult, because it's hard to find the best loopholes to sell
In the financial sector, the first thing to do is to keep your assets safely and minimize the loss of money in this bear market. People are at a very difficult stage so the rate of earning profits will be very low. If you want to trade, it is best to lock in profits when the value of that coin increases from 2% -3% and keep USDT safe.






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January 05, 2019, 05:17:18 AM
 #9

"If I'm right in the thesis, what do I get?"

"But on the other hand, if I am wrong, what is the maximum I lose?"

With these two bezels on your head, it's easy to size and risk your bet.


The risk is huge and so we must scale very well the amount we have to lose, not to fall into the fallacy of trying to solve life with a single shot.

Only too many people are blinded by their optimism and fail to see the downside. It seems that when it comes to investing people are a lot more naive than in other aspects of life where they're able to think rationally and adapt to risk.
Newbies and some investors only think about winning, and forget about the risk for every investment. When you put everything in bitcoin, there is still no assurance to make profit so when you lose, you lose everything. Higher risk, higher rewards be ready for that and always be wise when it comes to your decisions in trading and investing.
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January 05, 2019, 06:08:35 AM
 #10

"If I'm right in the thesis, what do I get?"

"But on the other hand, if I am wrong, what is the maximum I lose?"
You are breaching the basics of effective investment principles. You must need to diversify your portfolio for that you can manage when unexpected things will be happening. But in some perspective view, I am already doing "all in" with bitcoins but I am a long term holder and I'm having different perception with bitcoins but you have not mentioned about the time frame for your bets.

Honestly I'm not suggesting anyone to go for "all in" into bitcoin but it will not be that much harmful when you are ready to hold for infinite time period. Yes, you must be ready to hold at least for one decade of time. Infinite time period denotes holding for next generation.
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January 05, 2019, 08:03:09 AM
 #11

If you want big profits, you should accept big risk. Both choices can be and unfortunately, it is impossible to know which one will happen. I think it is better to try as you can risk, otherwise you may lose all your money. ''Greed is good, but when the time comes.''
The "big risk" should be based on multiple investments but should not be based on only one investment. I believe anyone will be ready to take big risk so that they can enjoy big profits but that big risk should be the sum of multiple and different investment based. If they invest all their money into only one asset then that must be a different case than what we usually considering as a big risk.

It is like, there are two types of scenarios for calculating our profits based on risk. But, I never recommend anyone to go for only one opportunity when there are multiple easy way of money making is possible by investing with them. We should grab all the opportunity so that we can minimize the risk. How much returns we are expecting is secondary case but how effectively we are eliminating the risk is more important than calculating about how much profit we are going to get.
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January 05, 2019, 08:45:27 AM
 #12

"If I'm right in the thesis, what do I get?"

Huge profit.

"But on the other hand, if I am wrong, what is the maximum I lose?"

Everything. Unless you diversify or at least you have a plan B.

With these two bezels on your head, it's easy to size and risk your bet.


The risk is huge and so we must scale very well the amount we have to lose, not to fall into the fallacy of trying to solve life with a single shot.

As you have risk, the risk is big, And the only one who can answer is yourself. Are you willing to take the risk and be aggressive by going in?

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January 05, 2019, 09:31:13 AM
 #13

"If I'm right in the thesis, what do I get?"

"But on the other hand, if I am wrong, what is the maximum I lose?"
You are breaching the basics of effective investment principles. You must need to diversify your portfolio for that you can manage when unexpected things will be happening. But in some perspective view, I am already doing "all in" with bitcoins but I am a long term holder and I'm having different perception with bitcoins but you have not mentioned about the time frame for your bets.

Honestly I'm not suggesting anyone to go for "all in" into bitcoin but it will not be that much harmful when you are ready to hold for infinite time period. Yes, you must be ready to hold at least for one decade of time. Infinite time period denotes holding for next generation.
Holding for the next generation ? Interesting. I am not sure how many people are following this kind of strategy but in my experience also this must be the one of the effective way to invest, moreover it is all about how to plan up our  investments based on bitcoins. If we take Mr. Satoshi as an example, he is holding for last 10 years and it may go for centuries also. We are not completely aware of what are his plans but anyone who is able to hold like that then definitely can go for investing all their money into bitcoins.

But, sticking with basics is always important. Diversification will save lots hassles in down trend market. Betting all in should not be done at single shot but it may be done in slow and steady progress. I mean we may keep buying bitcoins for years then we will be in definite profits. Holding bitcoins in profits will not hurt anyone.

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January 05, 2019, 10:13:17 AM
 #14

Its a wise decision, we don't encourage to put all of your investment into one basket unless you are very sure about the result, and crypto is a very fluctuative investment and one of the investment that got high risk, so its better to invest wisely especially in this long bear market, for this uncertain condition, its better to diversify between crypto and fiat
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January 05, 2019, 10:18:17 AM
 #15

Its a wise decision, we don't encourage to put all of your investment into one basket unless you are very sure about the result, and crypto is a very fluctuative investment and one of the investment that got high risk, so its better to invest wisely especially in this long bear market, for this uncertain condition, its better to diversify between crypto and fiat

I don't think anyone can be very certain about what an investment outcome will be when it comes to crypto, It doesn't matter if OP invested in Bitcoin or alts, what does matter is that no one should put more than they can afford to lose into crypto investments because of its high instability.
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January 05, 2019, 10:23:27 AM
 #16

"If I'm right in the thesis, what do I get?"

"But on the other hand, if I am wrong, what is the maximum I lose?"

With these two bezels on your head, it's easy to size and risk your bet.


The risk is huge and so we must scale very well the amount we have to lose, not to fall into the fallacy of trying to solve life with a single shot.

Not surprised with your post because many people already do that, that's gambling not trading/ investing/ collecting. But as long you have knowledge and strategy to chose the right coins I think only there's nothing we can do just go for it and see how market respond your strategy. I'm not like you, for now I leave market and will come back again February.

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jems
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January 05, 2019, 10:52:06 AM
 #17

"If I'm right in the thesis, what do I get?"

"But on the other hand, if I am wrong, what is the maximum I lose?"

With these two bezels on your head, it's easy to size and risk your bet.


The risk is huge and so we must scale very well the amount we have to lose, not to fall into the fallacy of trying to solve life with a single shot.

Only too many people are blinded by their optimism and fail to see the downside. It seems that when it comes to investing people are a lot more naive than in other aspects of life where they're able to think rationally and adapt to risk.
they are increasingly blinded by encouragement from other people who have the same optimism and may be without foundation so most of them only produce a regret. Risk is sometimes forgotten simply because of selfish attitudes to self-confidence that are too high.
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January 05, 2019, 02:16:36 PM
 #18

I think you have to be brave with risk if you want to make big profits, and therefore need a strategy to reach your target, and don't rush to make a decision.

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January 05, 2019, 03:03:08 PM
 #19

"If I'm right in the thesis, what do I get?"

"But on the other hand, if I am wrong, what is the maximum I lose?"

With these two bezels on your head, it's easy to size and risk your bet.


The risk is huge and so we must scale very well the amount we have to lose, not to fall into the fallacy of trying to solve life with a single shot.

Only too many people are blinded by their optimism and fail to see the downside. It seems that when it comes to investing people are a lot more naive than in other aspects of life where they're able to think rationally and adapt to risk.
they are increasingly blinded by encouragement from other people who have the same optimism and may be without foundation so most of them only produce a regret. Risk is sometimes forgotten simply because of selfish attitudes to self-confidence that are too high.

You're right, the community largely don't help in that. While a lot of people here are very wise and know and understand how to deal with risk, when times are good you get a lot of people nye on guaranteeing that investing will generate profit and it breeds complacency.

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January 05, 2019, 03:14:45 PM
 #20

I think you have to be brave with risk if you want to make big profits, and therefore need a strategy to reach your target, and don't rush to make a decision.
All the betting is huge risk factor so who are all willing to take risk in gambling and trading. They only earn huge profit in short term, at the same time concentrate our place of Betting is the good move. I hope we are all upgrade the crypto technology so beginners also make profit in this situation.

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