RE: Do You Know Your Magic Number for Investing?

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Do You Know Your Magic Number for Investing?

in bitcoin •  7 years ago 

Most people are fairly clueless of the risk they're taking on, so it's kind of disappointing to see - The volatility should teach people very quickly though, at least the ones who are capable of learning.

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That’s great until the amount you risk turned into an amount you’re unwilling to risk. If I invested 5k and was willing to see it go to zero but it turned into 50k, yeah I would be freaking out if it turned back down to 25k.

And like grant card one says go big or go home. I want life changing amounts of money.im not investing just to get by more. I’m investing so my kids and I are thriving. If I have to sweat it out a bit for them so be it. But that is just me. Not everyone should do the same.

Haha I think most people have the same thought pattern though