Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Jonty30

> I probably would have sold at $30,000 and bought hard assets. <

If I had bought Bitcoin at, say, $5.00 I would have sold it at $5.50 and then bragged to friends about my 10% profit. So I guess I’d make a lousy investment manager.


11 posted on 01/22/2022 8:29:53 AM PST by Leaning Right (The steal is real.)
[ Post Reply | Private Reply | To 2 | View Replies ]


To: Leaning Right

I first read about Bitcoin when it was $13. What I read about it going up because of the fixed maximum number of BCs turned out to be true. Like you, if I had bought some then I would have cashed out a long time ago.


81 posted on 01/22/2022 11:58:15 AM PST by The Truth Will Make You Free
[ Post Reply | Private Reply | To 11 | View Replies ]

To: Leaning Right
If I had bought Bitcoin at, say, $5.00 I would have sold it at $5.50 and then bragged to friends about my 10% profit. So I guess I’d make a lousy investment manager.

No, you would make a tremendous investment manager. You could print up a glossy ad that says exactly what you said above about generating a 10% profit. Simply add the following to CYA and you're good to go: "Past performance doesn't indicate future returns. This is not an investment solicitation. Before investing, consult with your financial and tax advisors." ;)

85 posted on 01/22/2022 12:15:49 PM PST by gw-ington (My neo-pronouns: she, him, it, yours, they're, senile, puppet, hyena, headboard, stolen, election.)
[ Post Reply | Private Reply | To 11 | View Replies ]

To: Leaning Right

“So I guess I’d make a lousy investment manager.”

absolutely not: you can NEVER go broke taking a profit ...


90 posted on 01/22/2022 12:46:15 PM PST by catnipman (Cat Nipman: In a post-covid world, ALL science is now political science ...)
[ Post Reply | Private Reply | To 11 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson