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How would a bitcoin crash look like? Any far reaching consequences? Can one safely ignore bitcoin and remain ignorant?

• tehlike 9y ago
  if you want to hedge against a significant rise, you might wanna hold an amount you are comfortable losing.
  • fernandopj 9y ago
    This. And it is what I say when friends & family say it "must be a bubble" or "journal X say stay away". Investing/risking is not a binary, all or nothing bet. Just set aside some money you have not immediate use for, and you won't regret losing or many nights without sleep, if a crash comes. It is still early enough, and one can learn a lot of crypto technology, which won't be going anywhere regardless of future prices.
• scribu 9y ago
  Yahoo Finance says yes, it can be safely ignored: https://finance.yahoo.com/news/bitcoin-implode-wouldnt-big-deal-224525108.html https://finance.yahoo.com/news/bitcoin-implode-wouldnt-big-d...