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I'm surprised too... He had his life savings in Bitcoin?
by bradleykingz 5y ago
I'm surprised too... He had his life savings in Bitcoin?
- rawtxapp 5y agoA good friend of mine has ~98% of his savings in BTC since 2015 and know quite a bit of other people with high % of their savings in it. For those that can ignore the short term volatility, who have good incomes as safety nets (say FAANG jobs) to weather any storms, those who don't trust their governments and who are relatively young to recover any large losses, it can be an acceptable tradeoff (needless to say, a very profitable one as well).