So, you are saying your entire life savings and those of whoever "we" is are all put on red or black. Sounds like you are the worst risk manager I have ever come across. At least sell a few coins and put in trust for your kids' education. At least they can later get jobs and feed you should things don't quite work out.
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- Thread starter johnarb
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"We" means our family, wife and kids
I have sold over half a million $ worth last year sitting in the bank accounts, that's why I quit my job, we have no debts, car was paid in cash, credit cards every month are paid in full
Taxes will be settled soon, got one of those services that pulls all the info from all the exchanges and wallets and prepares all the tax reports automatically. Meeting is scheduled with our tax accountant
I've read many books on trading and speculation. Reminiscenses, 4 Market Wizards books, Trading in the Zone, Fooled by Randomness, etc, I had a whole bookshelf on the subject
I can tell you I've done the risk calculations all the different scenarios which is why Bitcoin is our biggest investment and I don't invest in stocks (or bonds), but you would not understand
By not having any investments in Bitcoin, perhaps you're the one who might be a very bad risk manager and you're just unaware
Anyway, let's sit back and relax and see what the near future holds. Interesting times, that's for sure
After the rain on thursday
What's more conducive to attaining wealth?
A. A negative attitude of disdain towards the affluent.
B. A positive attitude of admiration towards the affluent.
Just my honest opinion, but there may be biases and beliefs
that predispose some to never escape mediocity. Until said
beliefs are challenged they'll continue in the comfort zone
of continuing to build a perceptual prison of what they can attain.
A. A negative attitude of disdain towards the affluent.
B. A positive attitude of admiration towards the affluent.
Just my honest opinion, but there may be biases and beliefs
that predispose some to never escape mediocity. Until said
beliefs are challenged they'll continue in the comfort zone
of continuing to build a perceptual prison of what they can attain.
Dollar cost averaging into ETF over the long run.
Where is the church you usually preach brother? Because I would like to attend your sermons. As usual, long on words, short on arguments...
Mediocrity not mediocity ;-)
Attention to detail is imo one necessary ingredient to overcome mediocrity.
Attention to detail is imo one necessary ingredient to overcome mediocrity.
Andrew Grove former CEO of Intel , who was greatly responsible for the growth of Silicon Valley, wrote the book "Only the Paranoid Survive." You, however, give paranoia a bad name,
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Funny one. Thought the same. The one invested in crypto to the hilt thinks a partial print poses risk.