Crypto Bitcoin @ 5k AUD

Discussion in 'Other Asset Classes' started by hammer, 26th May, 2017.

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  1. DowntownBlock

    DowntownBlock Well-Known Member

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    DowntownBlock, 14th Oct, 2017
    #41
  2. Hodor

    Hodor Well-Known Member

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    There is no optimum as it varies by scenario. Like many of these things you need a system you can live with and stick to when you enter the trade based on your analysis of the stock. The last thing you want to do it get caught up in hype and hold on when you should be selling down your position and taking some profits, take them and be happy you made a profit and stuck to the plan.
     
    Hodor, 14th Oct, 2017
    #42
    Anthony Brew likes this.
  3. Swuzz

    Swuzz Well-Known Member

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    The only optimal strategy is to sell the lot at the highest price. Everything else is suboptimal by choice to mitigate risk and/or suboptimal in error.
     
    Swuzz, 14th Oct, 2017
    #43
  4. hammer

    hammer Well-Known Member

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    Fyi.....Bitcoin hit 8k aud today....

    Unbelievable....
     
    hammer, 30th Oct, 2017
    #44
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  5. JDP1

    JDP1 Well-Known Member

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    invest in sydney and bitcoin.
    What could go wrong in either markets....
    better still, buy a 1 mil garage in sydney with bitcoins. Foolproof strategy.
     
    JDP1, 30th Oct, 2017
    #45
    Kevvy7, wa2 and hammer like this.
  6. jins13

    jins13 Well-Known Member

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    Issues with Bitcoin, they are not a financial product and does not provide any protection to investors.
     
    jins13, 31st Oct, 2017
    #46
  7. hammer

    hammer Well-Known Member

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    I don't think anyone speculating on Bitcoin is expecting any kind of protection....
     
    hammer, 31st Oct, 2017
    #47
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  8. Tink

    Tink Well-Known Member

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    Cash out your $100 and let the rest ride :D
     
    Tink, 3rd Nov, 2017
    #48
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