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> Bitcoin is the conservative investment. Now this is what I come to HN in the morning for.
by CPLX 9y ago
> Bitcoin is the conservative investment.
Now this is what I come to HN in the morning for.
- nobaelazum 9y agoI talk to these people all the time. Them: "I KMOW stock XXX is going to be at price YYY in time Z." Me: "How much have you invested in stock XXX?" Them: "Oh nothing yet".
- ringaroundthetx 9y agoI see things this way as well. Options and derivatives are risky. A merely volatile asset that never expires is pretty conservative in comparison.
- eudoxus 9y agoI think he means within the context of the Cryptocurrency market, which he is pretty correct on. Many other coins have gone up 2x, 5x, even 10x in the last weeks/months. Bitcoin going from 4K to 20K in 4 years (ie 5x) is relatively tame.