Quote:
Originally Posted by GregWeld
I have never been a fan of gambling with investment dollars. There's so many reasons for this I could write a book -- but #1 being - this (gambling vs investing) is the number one way to shake a newbie out of the game forever....
Is there money to be made taking on something like a Bitcoin? Oh sure there is! Is there money to be made shorting a stock you're sure is headed south? Heck yeah! But this is investing 102... it's about getting started and learning A strategy that will get you in the game and hopefully keep you in the game long term -- and with some success.
Ask yourself --- at what point you'd have put money in Bitcoin only to wake up to a 30 or 40% down move... and tell me straight up you wouldn't have panicked and blown out of the position with a startling loss... Check out this chart -- this is the THIRD time this year already for this stuff. Yeah - just no thanks for this cowboy.
https://lateral-g.net/forums/attachme...1&d=1510581308 |
Is what you meant by "cowboy", riding the bull? up and down and thrown off...