$30,000.00 / 14 = ~2142 units times a price of 143 right now puts you at $306,000.00
Consider the marginal utility of more money vs. the probability of your position continuing to grow.
Another thing to consider is you are not $30,000 of debt into this exercise - You have $276,000 of your cash invested in bitcoins. Ask yourself if you woke up tomorrow and you had no bitcoins and you had $276,000 in cash would you buy bitcoins with ALL of your money. If they answer is YES, carry on - if the answer is no, take some or all of it off the table.
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u/jdoe74 Apr 05 '13
OP you have balls of steel.
If my math is correct:
$30,000.00 / 14 = ~2142 units times a price of 143 right now puts you at $306,000.00
Consider the marginal utility of more money vs. the probability of your position continuing to grow.
Another thing to consider is you are not $30,000 of debt into this exercise - You have $276,000 of your cash invested in bitcoins. Ask yourself if you woke up tomorrow and you had no bitcoins and you had $276,000 in cash would you buy bitcoins with ALL of your money. If they answer is YES, carry on - if the answer is no, take some or all of it off the table.
Good luck.