Bitcoin Investment Debate

Friendly advice, buy 20$ of Bitcoin to feel how it works before judging it. It might change your mind.

It never made "sense" to invest in bitcoin, and it still doesn't.If you had done so, you would have made money, but it was a "bad" bet. It wasn't a company, you had no real information to go off of. No earnings reports, no statements, nothing. It was as blind a bet as you can get. If you were technically knowledgeable in the area I guess you could have "predicated" that it would be used to buy drugs and thus go up in value, but to this day

Should have invested in bitcoin instead! ;)

If you "invested" in bitcoin wouldn't you keep talking about how great it is?

And imagine if you bought tons of bitcoin for 0.1$ and sold for 60k... we all have been there, no point torturing yourself. Life has other qualities, and money will only get you so far even these days

It's like encouraging people to play the lottery because you won the big prize once. It's an very risky investment and I think it's incredibly irresponsible to encourage people to dump money in it if they don't understand fully what it's about. The "to the moon" memes aren't funny anymore when gullible people start buying bitcoins with money they can't afford to lose.Bitcoins will have to overcome massive challenges if it's to become something

Just like investments in Bitcoin startups are binary, so are investments in Bitcoin itself. Put some USD into it and don't worry too much about it. People waste millions on lottery tickets with much smaller chances of success, so, I'm tired of all these negative articles, just because Bitcoin dropped 20-30% and then almost fully recovered in a day. Sell off if you wish - there are enough people to buy your Bitcoins cheap. And by the way, the tulip craze is an obvious myth.

I am one of the skeptics who has been dissuading people from buying Bitcoin. At every high, my recommendation is to book profit and exit. Of course, people would call me an idiot for being cynical and short-sighted.But I have zero regret about not buying Bitcoin. I think it's better to invest money with an outlook for how it can grow. Irrespective of future cryptocurrencies and blockchains, Bitcoin has no fundamental justification for its valuation. I don't deny many people would ge

Buy Bitcoin for 50k and sit on it. Not even kidding. :)

Even better guide: just buy a small amount of bitcoin so if it 10x in value you 10x your money, and if it doesn't then you don't lose much