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RE: On Investment Risk & Investor Psychology
Great ideas, but this is only true for real investments. Bitcoin is not an investment, it's pure speculation. And that's fine, If you understand it. But assets like crypto have no floor, only momentum.
Yeah, you make a good point. I always say that we are going to experience these kind of whipsaw price movements until some finprof somewhere can figure out a decent valuation model we can all agree on!
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