[Cryptography] Cryptocurrency: CME Approved, Coin Paychecks, FED, OpenBazaar ZEC BCH

[Patrick]

grarpamp wrote on 12/06/2017 02:53 AM:

>> BTC at 10% NAV denom USD

The "denom USD" part is irrelevant, since one can denominate the NAV in
any units whatsoever and the allocation ratios do not change.  Therefore
I can view the NAV denominated in USD, gold grams, silver ounces, or
even BTC itself and it makes no difference.

Choosing a target percentage is a measure to limit losses.  The target
can be tailored to parameters derived from one's own investment record,
e.g. the ones used in the Kelly Criterion:

https://en.wikipedia.org/wiki/Kelly_criterion

The important point is to subject oneself to some kind of methodical
discipline that (1) increases the odds of gain, and MORE importantly (2)
decreases the odds of catastrophic loss.  Preservation of capital is the
predominant goal.  On top of that base line, one can eke out reasonable
gains, but catastrophic loss prevents future gains and degrades
happiness and the capacity for rational thought.


-- Patrick