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What If Bitcoin – Shoot I didn't invest

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Re: What If Bitcoin – Shoot I didn't invest

#5
As much as I see myself as wild person when it comes to offshoot bets, I still can't reason myself into buying bitcoins. Not sure I must be too Gen X to find this reasonable.

Anyone here comment "how well they did?" and if you've pulled out or are seriously thinking about pulling out?

I feel silly, but I'm still not going to put my hard earned cash in it any time soon... In fact, I wouldn't really know how.

Re: What If Bitcoin – Shoot I didn't invest

#8

Of all the words of mice and men, the saddest are, "It might have been.”

"All our savings and our house went up in smoke because I shot them all on a volatile investment I knew nothing about" must come in a close second.

"Invest only what you can afford to lose" really are wise words. They aren't words that will get you insanely rich in the blink of an eye, of course, but they are words that mean you won't lose your house.

Re: What If Bitcoin – Shoot I didn't invest

#9
But does that mean anything? You could have made this kind of ROI with many assets. For example with stock options.

I have been telling people for years that "I am sure Bitcoin will grow a lot. I probably should invest. I'm just too lazy to dabble with the tech.".

And I have not invested even though I thought it would be a great investment.

But what if I did? I would not have invested more then $10k. Because it's such a volatile asset. If I did that 3 years ago, I would have made $60k or so. Nice. But I made more with less volatile investments in the same time. Simply because I invested more.

So by not investing in BTC, I did not miss much.

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