Thursday, June 28, 2018

For the strong hands out there




Based on this metric, Bitcoin is reaching valuations almost 2 SD below its mean.

As always, I am a steady buyer.


Time horizon long.
My faith in crypto is strong.
Outcome could be wrong.


How'd you like my haiku?

I made it rhyme as well, as a testament to my linguistic prowess.

The question for me isn't if I should be buying now - the signs mostly point to yes.

The question for me is HOW MUCH I should be buying now to maximize my returns. It's always good to remember that cheap can get cheaper, and buying cheaper is better for returns.

I suppose the least wrong answer is just to average out my buys over objectively cheap periods like this.

2018 portfolio rekt, perhaps.

2019 portfolio rich, hopefully.

As always, time will time.
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1 comment:

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