Posts

avatar of @nonsowrites
25
@nonsowrites
·
·
0 views
·
1 min read

Well, it's just not black and white but I do have my own buffer because I don't have 100% of my investments in just crypto. Even if things went bad, I would have a buffer to get back on my feet and I think it's something that gives me ease of mind

I agree. I do have something I can fall back to if this goes south. However, it doesn't mean I don't take it seriously. I think it is possible to do both--have a buffer and a plan B. Every smart investor should have both.

Would it hurt if I lost my investments? Yes, it would and I understand that some people don't mind going all in. The roadmap is important but sometimes it requires more than just the right idea and roadmap. It also requires timing sometimes and there are just too many factors for me to think of doing so

True that. We are in the business of capital allocation and certainly there will be times a seemingly great investment doesn't pay off. Things like this are expected. Thus, we need to diversify to hedge against risk.

Posted Using LeoFinance Beta