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Then all of a sudden, there was this beautiful little company that would actually allow me to develop these models in-depth. I really felt like it was an opportunity to bring everything I’d been working on into one space.Yeah, we all have our wallets, and we’ve been watching them go down every weekend. I would like to say that I haven’t transacted personally since joining DigitalX.
But these things show that you have to be very careful. At DigitalX we risk-weight our portfolios just like we would in traditional finance. The fundamentals of finance have not gone out the window just because we’re in a new market. When we look at the risk and we find a red flag, we just don’t go there. And sometimes that’s very hard when people are making a lot of money, but disciplined traders will just back themselves and avoid it.
domp Tax write off
domp Another wealthy person in a secure well paying job can bugger around with 5% of their income and not worry about the loss.
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Source: FinancialReview - 🏆 2. / 90 Read more »