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If you only invest what you can lose, it doesn't matter how long the market is irrational. Bitcoin is a high risk investment/volatile in the short term, but the
by tomjen3 9y ago
If you only invest what you can lose, it doesn't matter how long the market is irrational. Bitcoin is a high risk investment/volatile in the short term, but the question is what is it long term?
You put your money in btc and they may crash 30% in a day. If you panic then you lose money.
- quickben 9y agoNot sure what's with the downvote, but you are in essence right about going long. "Markets can remain irrational a lot longer than you and I can remain solvent." As for BTC, approach with caution, short or long.
- tomjen3 9y agoHN has has a segment who are violently anti BTC, and so will downvote anything not critical to it.