Re:Global recession fears grow as factory activity shrinks
by grey-area on Monday June 03, 2019 @02:49AM
(#20080946)
This has been visible for at least the last six months. Best time to sell was last August. This is the time to start buying, not selling.
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Re:Global recession fears grow as factory activity shrinks
by nerdponx on Monday June 03, 2019 @02:51AM
(#20080956)
If you bought Bitcoin at $1k, missed the peak at $2k, and sold at $1.5k, did you win or lose?
Re:Global recession fears grow as factory activity shrinks
by imtringued on Monday June 03, 2019 @06:15AM
(#20081773)
You lost because the gains aren't high enough to compensate for the even higher risk. Gambling $1k in Bitcoin is doable. Putting half your retirement funds into Bitcoin just isn't feasible. Because of this you will see the 50% ROI only on a tiny percentage of your portfolio.