Post
Topic
Board Bitcoin Discussion
Re: A blog about someone planning to retire early with Bitcoin
by
EarnOnVictor
on 13/02/2024, 08:42:22 UTC
-snip-
Have you tried something similar?, maybe now thinking about doing it?, I think it's a great idea.
Nothing is entirely the great idea or the worst, once the person has a good reason for it and such that he can constructively argue in favour, then it is cool. I wish this guy and other people trying this good luck. It is a welcome development but also a risk they are taking.

And yes, I am trying something similar to this, but in my own cases, I am twisting it. Also, such is not my only plan, I have other plans in case this one fails as I do not trust any investment 100%. What if something unforeseen happened? One has to be careful and that is why I think that such people like this are risking so much unless they have plan B. In my case, I can never invest in a single asset, I think that people should diversify their portfolios, that is the best. Though people can make huge money by luck due to some risks they take in a certain asset, yet we can't always remove the high risk they take from it.

The best in economics and business is to have your risk lowered as much as possible, it is not only about the money you are gaining but how protective and wise you are gaining it. The risk they say makes wealth but it has killed some people's hope too if not careful about it, which is why I love it when we diversify and are more protective of our assets.

Good luck to him once again.