At any rate, I ASSUMED based on your previous posts that you invest $$$ from time to time for others that you know. I assume they would at some points ask your advice/consulting on when to buy.
I assume you would not tell them, ONLY AT or below $500, especially if we go to ATHs. I assume you would buy back above ATHs because you have stated repeatedly that you think bitcoin value will be 7 figures.
Am I wrong about any of this?
I assume you would not tell them, ONLY AT or below $500, especially if we go to ATHs. I assume you would buy back above ATHs because you have stated repeatedly that you think bitcoin value will be 7 figures.
Am I wrong about any of this?
Not really
Except that personally I don't like to see me in a position where buying back at a loss is the wisest choice (regardless of the future price development). Therefore I don't get into that kind of position, and I am not now in such a position. Actually only once in my life I have bought back at a loss. This was at $195 after selling some at $130, and was obviously a stellar decision. Selling at 130 was the misinformed decision.My "problem" now is that after analyzing the exchange rate developments from April to this day, I still regard it as quite possible that we see a crash to 400. It will require a negative event, but there are many negative events in store for Bitcoin
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And if I am not, why are you so eager to patronize me? Enough with your silly pointless condescension.
I am trying to get the thread back to the discussion of other people's investment strategies. If we keep on discussing of my position only, it gets tiresome, because the position is quite slow moving. Even if you suddenly see 400, you can just be "yawn, wonder whether rpietila got 60% or 70% of his maximum buyback of coins and whether he is now 60% or 70% invested). I am sure many of you have more interesting things to show! Sorry if that sounded like patronizing
