Quote from: pooya87 on August 02, 2018, 02:56:27 AM

Quote from: dirisu2018 on July 29, 2018, 10:41:35 AM

i would mortgage my house over and over again to invest on dip BTC i bought for $5230.
This industry belongs to the braveheart and the die hard risk takers

there is big difference yet a small distance between taking risks and being stupid!

when it comes to investing, taking risks doesn't mean doing reckless things. it means using your head, analyzing everything, calculate the risks and rewards and then finally take a calculated risk.
what you suggest here is a reckless behavior not a wise choice and it is not risk taking. and it has nothing to do with your title either.

you have to ask yourself this: what if you took a mortgage on your house and bought bitcoin but then price went down and stayed there for a long time or even forever, would you be able to accept a huge loss on the money that wasn't even yours?

This is the answer. Taking measured risks, knowing when to get in, when to get out, setting limits, stepping back and re-evaluating positions. Also remember survivorship bias. All those hardcore risk takers that crashed and burned aren't around and don't advertise their failures. There might be 5 for every hardcore winner that you hear about.