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Is it bad when I'm thinking of selling some bitcoin in order to take advantage of a volatile stock?
by grubles 11y ago
Is it bad when I'm thinking of selling some bitcoin in order to take advantage of a volatile stock?
- maaku 11y agoYes.
- jacquesm 11y agoWhy? Bitcoin is at least as volatile as the most volatile stocks.
- grubles 11y agoShould I have added some sort of sarcasm tag to my comment? It was a joke :).
- grubles 11y agoIt was a joke mostly because Bitcoin is legitimately innovative and Linkedin is yet-another-social-media-platform-except-for-Serious-Business. No one gripes about investing in stocks even though they (they being one of the biggest companies) can obviously tank 50% in one year. However, every post even remotely related to cryptocurrency will have, guaranteed, a comment or 10 about how "No one will ever invest in this because it is too volatile." It's just an observation of mine.