Marc De Mesel: The System That Will Set Me Free

  • Tuesday, 23 April 2019 09:33
Respecting the Kelly Criterion does imply that I should never go all-in and never all-out, as even when risk/reward is extremely favorable, and chances for it to happen very high, there is still a low chance the investment might fail, and I might not get the chance to get out, losing it all. Same on the way up, crypto can due to a black swan event go up a lot more than expected and my fiat may at the same time lose all it's value quickly in for example a hyperinflation scenario, hence going all out, is not wise either. Respecting these rules the Kelly Criterion lays out, increase exposure as it goes down, reduce exposure as it goes up, but never go full retard, I believe will set me free of "what if" worries, become bearish or bullish at wrong time, and increase my investment returns. In the live chat I also answer questions why I believe in Bitcoin Cash vs Bitcoin BTC untill a troll army ends the show. Enjoy! :)

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