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RE: Before You Do This...

in #raiblocks7 years ago

Maybe a bit off-topic but I wonder what your stance is on this matter. It seems like we share the idea that the whole crypto-market is a bit early in his major bullish run of the previous couple of years. I don't like the term "bubble" at all but it is a simple way of saying an over-enthousiastic over-evaluation without solid ground to justify it.
My question would be: if tomorrow sh*t hits the fan an it pops, and I mean in a catastrophic way, wiping away nearly all the value you are currently holding without giving you enough time for countermeasures; would you be crying under your desk in foetal position, or be throwing the very last cent you were able to scrape into the market awaiting for a moderately fast recovery ?

Simple question but I feel there's a lot of underlying implications in it.
Thanks for reading me and keep up the phenomenal work !

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I won't be crying because I've already made my money back and then some.. a lot actually. But yes, I'd throw some more money at it after a certain point on the way down, money that I'd consider the equivalent of buying myself something frivolous like a new car rather than a real investment.