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If you put all of your savings into Bitcoin, it is a stupid move, no matter what the outcome was. You might look smart now, but you really weren't. If you knew
by koonsolo 9y ago
If you put all of your savings into Bitcoin, it is a stupid move, no matter what the outcome was. You might look smart now, but you really weren't.
If you knew about bitcoin in the early days (<$1000), it was a good move to invest a small percentage into this high risk, huge potential payoff, no matter what the outcome would be.
Considering the history of these twins, I think they are better at calculating risks and potential payoffs than most of us here.
- FabHK 9y ago> they are better at calculating risks and potential payoffs than most of us here. They also have more play money to throw at risky ventures, and the connections to hear about them early
- koonsolo 9y agoIn the case of Bitcoin, that is a really cheap shot. Most of us here are in tech, and I found out about Bitcoin when it was at $1. (which was already late according to some). And about the play money, I hope everyone here has $50 that they would not miss that much if it would suddenly disappear. Buy $1 bitcoins for $50. You do the math.