BITSTAMP:BTCUSD   Bitcoin / Dollar
309 3 4
I am a complete newbie at this and probably this idea is a really old thing.
Well, anyway, seems like the recurring pattern will repeat again soon, encouraged by the halving.
If something is so obvious and "expected" by a lot, it's not going to happen. Someone will have to see sudden great value for this extreme rise to happen.
Anyway, be careful, it's very risky.
It is a risky bet but one with an expected value many would argue is positive.

Bitcoin has multiplied before and there is some chance it will again. Let us assume a 20% chance.

If it multiplies in the next few years, let us assume it will multiply by 2-10x. On average maybe 5x.

If it crashes, let us assume we cut our losses after a 50% loss.

If we risk 10k, then the math is:

80% * (-$5,000) + 20% * ($40,000) = +4,000

So even though you lose most of the time, if you win, and if you believe you will win big, the math is favorable, so long as you are betting money you don't mind losing.
Thank you so much.One possible
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out