It can be hard to find a balance.

The extremes between new ATH and the bear market low are just too far apart in #Bitcoin.

So during the forming of a new ATH you should be staring at the screen, thinking WHAT !? 🤯

While during the bottom forming you should be staring at the screen, thinking WHAT !? 😱

I decided some years ago the biggest risk would be if I would look back and could have put in more into #Bitcoin.

So I fixed that.... (without doing crazy things!).

But I have things in order, a house paid for, a basic pension in place, etc.

If #Bitcoin goes to zero I will have to find additional income again.

If #Bitcoin continues on this path I will do fine and I can give my kids a good start in life.

Financial freedom starts with a plan.

To make a plan you need to be honest about your expenses and your income.

Don't forget a pension, don't ignore inflation, take marges to the safe side.

Next stick to the plan.

Without any risk you will only be rich if you already are !

Be responsible for your own decisions.

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Discussion

So agree. This is position i am taking too.

Thinking Bitcoin to zero, it would be impossible, 99% my confidence.

Guessing is always hard.

I guess #Bitcoin chances of succeeding is close to 70%.

Not that I'm convinced there is a 30% chance of it

failing, but due to my rule there can't be much gain without risk (or cheating/violence).

And since I think there is plenty of upside I have to lower the chances of succeeding 😇

Even than, 70% chance on betting correct on the next world reserve currency / monetary system, doesn't seem like a bad bet ?