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RE: Financial Education & Crypto: Are We Major & Minor Speculators?

in LeoFinance2 years ago

Most investment are speculation and no matter how good and stable is what you are investing in there is always risk involved. We must always have calculated risk, I know cz is not stupid because he never said he sold everything he has to buy bitcoin or he has one house as at that time but the fact still remains that we must always be ready for the outcome.

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Well CZ said he sold "the" house, which means that at that particular time, he only had one house to go. I think he did that because he did his research and we all know that the higher the calculated risk, the higher we stand to gain or lose. I'm sure he wasn't a guru. He trusted his gut at that time

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