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RE: Should we stop buying bitcoin?

in #bitcoin7 years ago

calculated risks with a strategy are good. normally i ask people before trading

  1. Are you spending money which you are willing to lose or not.

  2. Do you have a plan if bitcoin going to 100k and takes whole market up

  3. Do you have a plan if bitcoin goes to $1000 and stays there for a couple of years.

  4. Do you have a plan if crypto market stays at current prices for next few years.

as long as you have done your homework for above you are good. now i am going to add another question

  1. Do you have a plan if your govt bans crypto completely.

you just need to work out a strategy and stick to it. most people who lose money dont do their research and homework and dont give it time. its not a get quick rich scheme where you put some random money and random price for a random coin and expect 10 times return.

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wow.. I am really impressed with your strategy.
Yes, I had not plan b while taking risk. There was not such detailed thinking of mine at that time.
Thanks for sharing such a great work.

there are ways you can earn even in a sluggish market as well. if you want to ask questions about it, add me on discord and we can discuss there.