Replying to 516add19...

You mention the knowing difference between investing and gambling. Would you consider taking big risk as gambling. I think it depends. Whats your view? This is an answer i always have trouble answering myself.
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Sergio 2y ago

Think of it as a bucket filling up with water. Of ot starts to over flow take some water out into a other bucket. It's never wrong to take profits.

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nobody 2y ago

That’s smart, thanks. And if you are reinvesting what you already earned from investing, it’s not a huge risk, at least not as much

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Sergio 2y ago

Make three separate portfolios. Long term(cold storage, savings), medium term (less risk), short term (degen mode, big risk with small amounts). Funnel the profits down the risk curve.

If your initial amount doubles, move it down the risk curve. Every time.

fd
nobody 2y ago

Copied and saved this, thanks i