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RE: Crypto Current Affairs—Bitcoin Outperforms Stock Market and Gold, But Will This Last?
Hi @firepower, hope steem fest was good.. I am sure you were able to teach may more about steem that were able to attend.
Good price analysis for the correlation between BTC and steem.
In Tony Robbins book ''Money Master The Game'' He talks about asymmetric risk.
Asymmetric risk is the risk an investor faces when the gain realized from the move of an underlying asset in one direction is significantly different from the loss incurred from its move in the opposite direction.
The most you will lose if it goes against you $10 but if it goes in your favor you could do 10X or 50X
NEM this year alone has done 4500%
Great comment man! :) Thanks