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Not wrong. Smart as an investor to consider all the scenarios. But be careful on that "tanks" part. If it really tanks, there might be a whole lot of people tr
by jwilliams 9y ago
Not wrong. Smart as an investor to consider all the scenarios.
But be careful on that "tanks" part. If it really tanks, there might be a whole lot of people trying to catch knives.. And that could be real bad indeed.
- travisjungroth 9y agoHow would that be bad? People catching knives would stabilize the price.
- jwilliams 9y agoHonestly - I think a sharp enough correction in Bitcoin would be a bloodbath. It's a plausible scenario anyway - although strongly differing views on the probability.