Correction, should read -"please speculate responsibly".
It's all speculation. Most retail speculators go bust.
It's all speculation. Most retail speculators go bust.
Yes Bitcoin just like all other assets before that went parabolic will not end good.
Storing your life savings in Bitcoin right now is a suicidal idea.
Don't tell (or do tell) this family : https://www.google.co.uk/amp/s/www.cnbc.com/amp/2017/10/17/t...
"The Dutch family of five is in the process of selling pretty much everything they own — from their 2,500-square-foot house, to their shoes – and trading it in for the popular cryptocurrency"
I think most people are late to the party and will simply get burnt by the market like so many times before. It's going to be a good show for sure.
I'm watching this develop with my pop corn ready.
I wish you well with wherever you’ve chosen to store your wealth.
Your savings accounts are all effectively negative yield. Why would I store my wealth there?
The lesser rates have similar terms - only earn 3.5% on balances up to 10k, you must make 12 purchases from your debit card per month. You must spend more than 1k from your debit card per month. You must log in to your account at least once or month. If you skip any of these things, your interest rate is 0.01%.
This is your suggestion for storing wealth safely?
Says the person who suggests that a highly volatile and risky cryptocurrency with a long history of crashes and manipulation is a "safe haven".
So, yes.
5% risk free is not going to scale to much more than that but if you're saying "stocks are expensive, real estate is expensive," then you aren't going to reach that limit very soon...
I have the rest of my money in various investments, a very small amount (5%) speculational, including a small amount of Bitcoin plus around $90k in my house.