About 18 months ago, I took all of my saving to invest in Bitcoin.
I did that without telling my wife. She was so angry and said how foolish I was.
Yesterday, I show her my BTC wallet and the current price of Bitcoin...
"Honey, please look at my Proof of Foolishness" I told her. "and I will foolishly continue holding these BTC untill the price reach 500,000 USD. I wish by then I will once again show you how foolish I am"
I did that without telling my wife. She was so angry and said how foolish I was.
Yesterday, I show her my BTC wallet and the current price of Bitcoin...
"Honey, please look at my Proof of Foolishness" I told her. "and I will foolishly continue holding these BTC untill the price reach 500,000 USD. I wish by then I will once again show you how foolish I am"
I think this is in any case a risky move,but which at this moment certainly paid off.What would be wise to do and someone has already advice you,at least cash out your initial investment so you will have your money and BTC to wait your expected price.
Compared to the family who sold the house and everything else and invest all in BTC this is a little less drastic example,but I agree that this was still gambling.What is the risk here we are talking about it is unknown to us because we do not know amount OP is invest.