Michael Rosado on Nostr: Bitcoin has made me a better trader. I currently only hold Bitcoin, which I consider ...
Bitcoin has made me a better trader. I currently only hold Bitcoin, which I consider to be “risk-off.” It’s my way of preserving my wealth and, more importantly, my energy.
When I trade dollars for more Bitcoin, those dollars will never go back—it’s the last trade. I can risk some of my dollars trading, take profits, and allocate a portion to making the final trade into the superior form of money—never returning to the inferior.
I’m practicing the best risk management possible because I hold the one asset that will forever appreciate and can never be debased. It’s comforting to know that my risk management will continue to improve because of Bitcoin, as my trading will never outpace Bitcoin’s growth. I can take risks without putting myself or my family in jeopardy.
When I trade dollars for more Bitcoin, those dollars will never go back—it’s the last trade. I can risk some of my dollars trading, take profits, and allocate a portion to making the final trade into the superior form of money—never returning to the inferior.
I’m practicing the best risk management possible because I hold the one asset that will forever appreciate and can never be debased. It’s comforting to know that my risk management will continue to improve because of Bitcoin, as my trading will never outpace Bitcoin’s growth. I can take risks without putting myself or my family in jeopardy.