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You make a 20% drawdown sound so bad. You know the stock market can do that right? Just the fees to get in and out are over 3% total generally. Anybody betting
by vibrato 7y ago
You make a 20% drawdown sound so bad. You know the stock market can do that right?
Just the fees to get in and out are over 3% total generally. Anybody betting their retirement on bitcoin deserves their fate, good or bad.
- ben_w 7y agoI lost 90% of the value of my Lloyds shares. I’m fine, of course, but just because other things are worse doesn’t make a bad thing into a good thing. As for ‘deserves’… there’s a reason why speculation on financial products is something banks and governments don’t want J. Average to do.