After this latest run I thought about taking profit to get my original stake back, which is about 25% of the current value.
But then I start thinking "No, that 25% could eventually be worth many times more in a few years...".
... but then I think "What if bitcoin crashes to zero, isn't it best to take my original stake out now?"
... and then I think "no, don't bother, if it does crash to zero, it won't happen in a flash, and you could still take your original stake out on the way down."
Sheesh! Apart from Bitcoin, I've always bought risky shares, and I've gambled on sports... but I've never suffered these sort of mind games as you do with Bitcoin, and I imagine the only similar thing is penny stocks.
Does anyone else play these scenarios out in their head?
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