3 ms·
All that matters for a store of value is the long term moving average
by trident5000 6y ago
All that matters for a store of value is the long term moving average
- leereeves 6y agoIf you want to exchange your store of value for something in the future, it matters very much what its value is at the exact time you want to trade it. Unless you mean that the volatility doesn't matter if the asset appreciates so much that the volatility becomes irrelevant, but that's not a property of a store of value, that's a property of a speculative gamble.
- trident5000 6y agoNetwork effects are well studied. If you cant deduce an action based on that and where btc is, than you can just sit it out. A very high number of the most successful people in the world are not and recognize the directionality. You can call that a gamble if you want.