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RE: ETH going to $50, BTC going to $1200, LTC going to $15, and STEEM back to $0.30

in #bitcoin • 7 years ago

The one thing I know for sure is that nobody knows. It is a binary decision: If you believe in blockchain technology: Increase exposure. If not: Buy something else.

7 years ago in #bitcoin by
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     7 years ago 

    Thanks for reading and comment

    Blockchain and current cryptos are two different investment thesis. Blockchain could end up as one of the most important inventions in human history, and that is completely different from potential outcomes for current cryptocurrencies

    STEEM On!

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     7 years ago 

    As Nassim Taleb would say: an asymmetric bet.

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     7 years ago 

    This is fundamentally illogical from a trading standpoint. Anything you "believe in" can be temporarily over or under priced. You don't buy a stock only because "you believe in the company" and sell it "because you don't".

    If you did, nobody would own AOL/Time Warner. Or Charter. Or Comcast. Teehee.

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