+1 and/or keep it at an appropriate size of your net-worth and trim if/when it breaches whatever % of your net-worth you are comfortable with a very volatile investment being. For me, with BTC that's no more than 5%. 5% will be enough if it wins and wont kill me in a crash.
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good article by
@michaelbatnick on this; however Michael didn't mention the option of trimming a position when it gets over a certain % of your portfolio.https://theirrelevantinvestor.com/2019/06/25/unlimited-upside/ …
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I suspect the High Frequency Micro Trading folks are gonna use their AI to buy and sell faster than other peoples AI. Cashing out into real world currencies, or just commodities, occasionally - as a way of keeping score. See who people will die for in future.
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It's difficult on twitter! Can I just block a few key words and corresponding status's temporarily?
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The only time I ‘check the price’ is when I’m told
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If by “crazy” you mean those who actually think, yes you’re right. When you focus on Bitcoin’s value, price doesn’t really matter. When your decisions are based on beliefs/opinions/speculation and not actual knowledge/understanding you will lose every time
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1 BTC = 1 BTCThanks. Twitter will use this to make your timeline better. UndoUndo
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Those who have been holding for years don’t care about the money, they care about the power bitcoin gives them. The only thing more powerful than independent money is independent people.
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Which is easy if you don't hold more than you are willing to lose.
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