Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
d_eddie
on 07/12/2018, 14:45:23 UTC


You lose smaller on bear market than in bull.

(snip)

Don't give up on your coin so easily.

 Say you had a finite amount of fiat to invest; make it US$30k -
You spend US$30k to get ten US$3k Bitcoin which subsequently drop in value to US$2k Bitcoin - you would be hodling Bitcoin worth US$20k of your initial US$30k investment.
OR you spend US$30k to get two US$15k Bitcoin which subsequently devalue to US$10k Bitcoin - you would be hodling Bitcoin worth US$20k of your initial US$30k investment.

Are you saying you "lose smaller" psychologically or am I so burned out from working night shifts that I am unable to comprehend a bigger picture here?  I can't see the difference.
No difference if you account in fiat. The accounting unit makes the difference. Lucid Homer should know better. Capitulating, are we?  Tongue