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Is there a reason you partly cashed out? We should explore that. Is there some part of you that believes it will fail?
by boopboopbadoop 5y ago
Is there a reason you partly cashed out? We should explore that. Is there some part of you that believes it will fail?
- nrb 5y agoRealizing gains in a shockingly volatile speculative investment just seems like common sense. Particularly so if you can take out your original investment and be "playing with house money" so to speak.
- koonsolo 5y agoOf course it can fail! It's all about chances and risks, no? For me, there is only a small chance that cryptocurrency will truly break through. But when it does, it will be HUGE. So a small chance X total game changer = a lot of potential return. If you invest 1% of your portfolio, you can only lose 1%. However, there was (and still is) a small chance it goes x100, which means a total 100% return on your portfolio. So now you have 200 instead of 100. I was proven right, and so it's easy for me to say I took the right decision. But when it would have gone to 0, it would have still been a smart move to invest 1%. For me, the stupid people are the ones who are sure about the outcome. While at this point, nobody knows. You can only see the potential or not.