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I was talking with my wife (then gf) about putting $1000 into BTC back when it hit $1. I don't let it eat me up though, I'm not a gambler, and it's quite likely
by notheguyouthink 8y ago
I was talking with my wife (then gf) about putting $1000 into BTC back when it hit $1. I don't let it eat me up though, I'm not a gambler, and it's quite likely that I would have sold at some point.
Though.. if I had my wits, hopefully I'd be selling off chunks. Ie, at $18k/coin I wouldn't sell the whole thing.. though, at only $100/coin it would have been tempting.
Ah, life.
- charlesdm 8y agoBut you'd likely be a lot better off. Putting $1,000 into something promising isn't gambling, it's smart. While no one likes throwing a grand away, it's also not a lot of money in the grand scheme of things. So why not take a chance? It's not like you'll see 20 opportunities to invest money into something pop up every year. People in general are too conservative. You should allow yourself to take (calculated) risks once in a while.
- behringer 8y agoAt the time it seemed like gambling. Everyone thought it would come crashing down at any time. It was the forward thinkers and the heavy risk takers that invested. On top of that, only crazy people ever though it could hit 20k.