“Rich Dad Poor Dad” author Robert Kiyosaki spoke about Bitcoin again about 2 hours ago. CryptoPotato and three other media outlets reported that he compares BTC to gold in terms of car insurance.
The meaning is very straightforward: buying insurance isn’t hoping something will happen—it’s having a card in hand just in case.
What’s useful for beginners about this is that it looks at position sizing using the logic of insurance, not the logic of judging position sizing based on gains or losses.
#BTC
The meaning is very straightforward: buying insurance isn’t hoping something will happen—it’s having a card in hand just in case.
What’s useful for beginners about this is that it looks at position sizing using the logic of insurance, not the logic of judging position sizing based on gains or losses.
#BTC