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From: Mild Shock <janburse@fastmail.fm>
Newsgroups: sci.physics.relativity,sci.physics
Subject: Re: Bit careful with Bitcoin (Was: Trump is in)
Date: Wed, 22 Jan 2025 11:28:05 +0100
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Hi,

If you have a large high valued position, you
have to be always be alert, because of:

Concentration risk
https://en.wikipedia.org/wiki/Concentration_risk

On the other hand if your portfolio is more
diversified, you can be more relaxed.

Basically Bitcoiners are brain damaged, they
don't trust banks, because of their defaulting
risk, and more crazily they confuse the

banks defaulting risk and claim its not owning an
asset. On the other hand they blindly believe
into a riskless narrative of Bitcoin, because

they think they truly own something. Like when
they have their own Hardware Keys. But we will see
how this all works out. Might be tragic to watch,

who knows when and what will happen?

Bye

Mild Shock schrieb:
> Hi,
> 
> Its more complicated. For example with a simple
> 100k investment just before the USA elections in
> november 2024, you could make 40k in a few days,
> 
> and you didn't need Bitcoin for that.
> 
> Bye
> 
> P.S.: Not sure whether this was a simple play
> from the book. You would also need to have some
> sensory for Kamala versus Trump, when there was
> 
> tipping point and how Trump was more pro Bitcoin.
> But you didn't need Bitcoin itself for that. Might
> have been a play from this book, you can apply
> 
> both Uptrend and Downtrend Exit Strategies:
> 
> Chandelier Exit (CE) is a volatility-based indicator
> It is based on the hypothesis that a trend reversal is
> highly probable when the price of an asset moves against
> an existing trend up to three times the average volatility.
> https://corporatefinanceinstitute.com/resources/equities/chandelier-exit/
> 
> You might want to apply an Uptrend Exit Strategy
> because you want to diversify your portfolio.
> Diversification could be more important for you
> 
> than short time big wins, or even only short time
> big wins which are only in the books. Most Bitcoiners
> don't understand that high valued instruments
> 
> are always risky when not diversified, there is
> no exception to Bitcoin.
> 
> Physfitfreak schrieb:
>>>> As I said before, you're just jealous that you sold all your 
>>>> bitcoins when it was $27k :)
>>>>
>>>> It is above $107k now!
>> But is it true? Care or not care is not the point.
>