So I shouldn’t read much into losing $5,000 in the past two days?
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If you lost it in cryptocurrencies then that might be further indication that one should not be in cryptocurrencies. If you lost it in the stock market and you're actively trading, that is further indication to not actively trade. Otherwise it's basically noise right.
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I just put everything into Bitcoin. Are you telling me that was a bad move?
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Discounted cash flows on discount!
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Best to look at it as the volatility of a single stock, as the crypto market moves with BTC. Individual stocks can move by those amounts even in regular stock markets
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What's with the hate? This is a minor correction for bitcoin if anything. The ones in the past were much more drastic. At least it weeds out those who are just looking to get rich quick.
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Just rebalanced my accounts out of bonds and into equities. Hooray!
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You sound exactly like Mr Money Moustache http://www.mrmoneymustache.com/2018/01/02/why-bitcoin-is-stupid/ …
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