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A comment on Ethereum Protocol Developer Holds $115k Worth of DAO Tokens. Parent comment

Re:Ethereum Protocol Developer Holds $115k Worth of DAO Tokens by jyap on Wednesday June 29, 2016 @09:41PM (#12006063)
Sounds like greed to me. Don't invest more than you can afford to lose.

At one point his $12k became $40k. Proper risk management and he can then invest with his profits.

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Re:Ethereum Protocol Developer Holds $115k Worth of DAO Tokens by adam419 on Wednesday June 29, 2016 @11:00PM (#12006299)
Yep, this is why pro's have clearly established stop-loss and take-profit levels before they enter a trade.
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Re:Ethereum Protocol Developer Holds $115k Worth of DAO Tokens by meddlepal on Wednesday June 29, 2016 @10:39PM (#12006248)
Exactly. Take the 300%+ return . Get out of the game ahead. Doubling down is risky.
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Re:Ethereum Protocol Developer Holds $115k Worth of DAO Tokens by notyourwork on Wednesday June 29, 2016 @10:43PM (#12006258)
Heck at least pull your principle out and ride the rest.
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Re:Ethereum Protocol Developer Holds $115k Worth of DAO Tokens by bbcbasic on Thursday June 30, 2016 @12:08AM (#12006503)
Hindsight bias.

He probably shouldn't have gambled the $12k to begin with, even though the first spin of the wheel turned out ok.

Assuming $12k is a lot to this guy.

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