Marc26z on Nostr: To get on zero, you must prepare for price crashes. "The first principle is that you ...
To get on zero, you must prepare for price crashes.
"The first principle is that you must not fool yourself and you are the easiest person to fool."
- Richard Feynman
I wouldn't say "assume," but I am prepared for a 50% drawdown at all times. It's not that I'm bearish, I've just seen it "crash" too many times to not prepare for this.
If it doesn't...Awesome! If it does, It will go back up, but I still have bills to pay.
Published at
2025-02-28 14:07:44Event JSON
{
"id": "b9eea9ec5403624f3386743fc48caa55c200a6b6a5415d0a6187264ab8118e7e",
"pubkey": "df478568479de26b4a83c1bdc4dbab61b5cc82e1a312e2b28bc815a12a951e67",
"created_at": 1740751664,
"kind": 1,
"tags": [
[
"e",
"de90e87349117821bd501d1518a75579adfdcad635d943d5c70f16bcfb54d76e",
"wss://nostr.mom",
"mention"
]
],
"content": "To get on zero, you must prepare for price crashes. \n\n\"The first principle is that you must not fool yourself and you are the easiest person to fool.\"\n\n- Richard Feynman \n\nnostr:note1m6gwsu6fz9uzr02sr5233f640xklmjkkxhv584w8putte7656ahqyv6e7d",
"sig": "948dbf1e070824e9bf0167ea2b6112e600903b4c6cdd221a03e9e940dda35659251a521212320f55c0c124728587cdc0ae619485d439bc19627ac5a9cdfed42f"
}
