delusional, this just continues to waste resources for peoole to speculate. resources wasted, lives ruined when they get the gambling wrong. everybody cut this crap out, please.
So invest in gold and encourage more gold mining. Or just trust your government and hold cash. Either way, you're losing a shitload of value. Hedge a small piece of your opinion for a year, then re-evaluate in 2022. Then feel free to come back on HN in 2022 and share your opinions on the subject.
Source?
It does, so far, seem to be a risk on asset, as it didn't perform well in March 2020.
It is already storing over $1 trillion of the world's wealth though, and in this case, money talks. Yes, it might have a correction, but the S&P 500 might as well.
That said, Bitcoin's properties may change over time, and it may become more of a hedge. It does seem to have a lot of believers, and IMO, the technology is what makes it very interesting.
It has been running successfully for a decade, and we'll be able to figure out more of what it is in 2, 3, or 5 years.
I think, why not hold some, even just a little bit? IMO, people shouldn't put 100% in, and definitely don't take out any loans to do so (maybe unless you are a company, but I'm against individuals taking loans out for it). You never know, maybe some of the current narratives are correct.
Because that perpetuates and inflates the Pozi scheme. Any "little bit" of positive now will be more than offset during its collapse, having a larger negative effect on more people.
Right. Because there are no other investments.
I'd prefer to hold cash in a savings account, but the rates are so low now it just doesn't make sense to hold a lot in cash. I don't feel that safe in the stock market either.
Well, atleast your username checks out, and we all understand that you’re in the BTC Ponzi scheme for good.