Post
Topic
Board Bitcoin Discussion
Re: Becoming Financially Free With Bitcoin
by
ethereumhunter
on 29/08/2019, 06:20:47 UTC
What I like about your strategy is the following :

1. You are saying, Fck it! I am going for it. A lot of people stand on the side, not taking any risk and waiting for success to come to them. In the real world, that does not happen.

2. You are not going "All in" ....so you only expose enough capital to high risk, that you are willing to lose. A total Bitcoin failure, will not sink your boat.  Wink

3. You have a plan and you stick to it. Too many people invest blindly with no purpose.

4. You are not scared to pull the profit, when you reach your goal. Some people become too greedy and they miss the opportunity, when the profit present it self.

I invested a large amount of money into Bitcoin when the price was between $300 and $400 and I took profit when it reached $18 000+ and that profit was re-invested into other investment options in my bigger portfolio.  Wink

Thanks for the vote of support.

Yeah I think the key here is not getting greedy, similar to you. I'm going to take profits slowly and not cash out all at once.

That's good, at least you know when the time to take profits before it's gone. Be careful because the greedy will stay behind you and it's ready to whisper in your ears to expecting bigger profit Grin

You can do whatever you want, as long as you know what it is so you don't make a wrong decision related to managing your asset or your money. This time will be difficult for all of us because bitcoin price is down again, and this time, the price reached $9k, and we are hopeful that the price is not down higher than yesterday.