Quote:
Originally Posted by Fuzz
I can't buy into the idea that something so new and ever changing is destined to follow a cyclical pattern. There are no shortage of stocks out there with a few repeated peaks, then a long tail downwards.
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Sure but this has three booms after creation in 2009 in 2013, 2017, and 2021.
If you don't want to invest that is fine, it is risky, very risky. Probably a better bet than those stocks with long tail downwards but that isn't saying much.
Should anyone mortgage their house and buy BTC for the boom? [emoji1787] No... But having some risky assets isn't terrible.
I invested in Eth from 2018-2020 in my TSFA and it was well worth it. I started selling off too soon though so I only made 4x vs the 10-15x I could have, opps.