Post
Topic
Board Bitcoin Discussion
Re: How does one increase one's odds in the speculation game?
by
dserrano5
on 08/07/2011, 20:34:54 UTC
A good place to start is by not selling lower than you bought them.

Some people on here don't seem to get that one right.

I find that to be a particularly bad piece of advice.


Quote
Yes, that is exactly what I mean. I am pretty sure that at *some* point in time, the exchange rate will come above $30

You're ignoring the fact that I may be long dead before that happens. The price *may* return to $30 at *some* point in time, but my life span is finite, and I'd rather earn some money before my 60s-70s so I can enjoy it from then on.