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If you don’t have any thesis beyond “hey, it could go up,” then you are gambling. That doesn’t mean you’ll lose, sometimes gambles pay off. You should no more
by bradleyjg 6y ago
If you don’t have any thesis beyond “hey, it could go up,” then you are gambling. That doesn’t mean you’ll lose, sometimes gambles pay off.
You should no more feel bad about not having won gambling on btc than you do about not having picked the winning lotto numbers last week.
- amelius 6y agoOld trading wisdom: there is more room for it to go up than down.
- literallyWTF 6y agoYeah but based on what? That everyone decides to buy Bitcoin?
- bradleyjg 6y agoThat’s true of everything.
- deleted 6y ago[deleted]
- bbarnett 6y agoYou could say that about any commodity, like a stock. How is it valuable info though, a predictor of future performance?