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RE: Bitcoin and ETH Price Action Updates And Ongoing Thoughts (#4)
People need to have some conviction as well as a plan to go forward. I just wrote this which is along the same lines and complements as your article. https://steemit.com/money/@motowngold/do-not-sell-your-gold-for-bitcoin-do-diversify
Good article. But I personally don't know many people who buy #bitcoin also hold #gold.
They seem to me to be totally different breeds of investors. I could be wrong.
You actually are probably correct, that is what I am trying to help people to realize is that diversifying is what most people need to do and are not currently doing.
Right on!
Also, tell them don't confuse 'trading, or speculating' as 'investing!' One must know which one he is undertaking for any transaction.
That is exactly correct. I have long term positions I am invested in, and trading positions I may switch out of at a moments notice, these are totally different!
you're a pro!