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From: Mild Shock <janburse@fastmail.fm>
Newsgroups: sci.physics.relativity,sci.physics
Subject: The Zurich Axioms (Was: Bit careful with Bitcoin (Was: Trump is in))
Date: Wed, 22 Jan 2025 11:41:58 +0100
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Hi,

Now that we have mathematically formulate the saying
"Don’t Put All your Eggs in One Basket" by a Multiplier
also for Uptrends, not only Downtrends:

 >> 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/

We can consider different Multiplieres. I guess with a
lower Multiplier than 3, like for example 2, one gets
the little bit more defensive Zurich Axioms:

The rules of risk and reward used by
generations of Swiss Bankers
https://www.orellfuessli.ch/shop/home/artikeldetails/A1059152054

Have Fun!

Bye

Mild Shock schrieb:
> 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.
>>
>