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Generally in investment it's helpful to recognise we're not infallible and ask: what is the probability I'm wrong on this? And that's generally a good way to si
by louloulou 6y ago
Generally in investment it's helpful to recognise we're not infallible and ask: what is the probability I'm wrong on this? And that's generally a good way to size positions for things you don't want to own, but that the market is telling you to.
If I was in you're position, I'd think there's at least a 0.1% chance I'll be proven wrong (after all money is based on social consensus). So I'll take 0.1% of my investable assets and dump it into Bitcoin to hedge myself, and then forget about it.