Joda on Nostr: I guess I don't know how to do that math? Like, for me, Bitcoin has an unknown future ...
I guess I don't know how to do that math?
Like, for me, Bitcoin has an unknown future value. I'm one of very few people who think its USD price could actually just stabilize near where it is, like $30k +/- $5k, for a decade. Of course, it could go to a million, or $5k (or in some extreme case, zero, maybe). I just don't have a good formula to determine that.
Likewise I can't calculate the risk particularly well. I can calculate the risk of losing some percentage of my retirement account, which is how I determine the maximum I could invest in something. And I can catastrophize/fantasize a future world where Bitcoin is the most precious asset --and from that I can calculate a minimum investment.
I haven't studied finance. Are you using a risk formula of some kind?
Like, for me, Bitcoin has an unknown future value. I'm one of very few people who think its USD price could actually just stabilize near where it is, like $30k +/- $5k, for a decade. Of course, it could go to a million, or $5k (or in some extreme case, zero, maybe). I just don't have a good formula to determine that.
Likewise I can't calculate the risk particularly well. I can calculate the risk of losing some percentage of my retirement account, which is how I determine the maximum I could invest in something. And I can catastrophize/fantasize a future world where Bitcoin is the most precious asset --and from that I can calculate a minimum investment.
I haven't studied finance. Are you using a risk formula of some kind?