> Would you have sold after Bitcoin has crashed from $30 to $2?
That's exactly it. Let's say you bought at $0.01. What are the odds you would have held on until the price per coin hit $10,000? Or $1,000? Or even $100?
It's a bit easier to chill and wait now that we've seen the same boom and bust cycle repeat a handful of times.
Re:MicroStrategy's Bitcoin Debt Bet
by trident1000 on Sunday December 13, 2020 @04:00PM
(#25410227)
Social networks have value thats not measured in traditional cash flow analysis. Thats why its less of a gamble than many think it is.
Also that you are blindingly listening to others would make you a bad investor. A good investor needs conviction and staying power.
Would you have sold after Bitcoin has crashed from $30 to $2?