BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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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.
Thank you so much.One possible
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.
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