Pretender to be tough easily shifts to be weak I know one pretender to be tough. The person shifted to be weak after he/she lost own bluff. I thought about the difference between real confidence and bluff. Real confidence stands by our sides, but bluff is put on own faces. Real confidence makes us stronger. Bluff can make us both of stronger and weaker. In other words, real confidence is asset, but bluff is risk. The result of bluff will be better or worse than without bluff. (I don’t like such risk, so that I try not to use bluff.) I thought about below matrix. Result With Real confidence Without Real confidence With Bluff Middle Risk and High Return High Risk and Middle Return Without Bluff Low Risk and Middle Return Middle Risk and Low Return I don’t know this matrix is true, but not so far from true. Then I thought about another things, “Are there perfect method?” If I have real confidence and don’t use bluff, there ar...
2017/11/26. Bitcoin: Party before ending
It seems nobody thinks that bitcoin has value enough to price. Bitcoin’s price is standing on popularity by end buyers.
I don’t think they are foolish or crazy, I only think them as greed.
I hope that end buyers keep on buying bitcoins till I start the selling position for stocks. I am not ready for it!
And I think that bubble is caused by 3 reasons, monetary easing, new technology & popularity. These 3 reasons are fading away for the bitcoin.
I remembered that many Japanese laughed at previous USA’s real estate bubbles, but now many people pointed at Japanese bitcoin bubble. The world is fun.
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