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I'm not sure what you should do, but I know what you probably shouldn't: I'd personally stay away from crypto. People waste a lot of brain cycles in that space
by DantesKite 5y ago
I'm not sure what you should do, but I know what you probably shouldn't: I'd personally stay away from crypto.
People waste a lot of brain cycles in that space, when they're much better off doing what you're doing.
Nassim Taleb wrote a brilliant "black paper" explaining why bitcoin is worth $0 and his arguments are pretty solid. Like steel.
https://www.fooledbyrandomness.com/BTC-QF.pdf https://www.fooledbyrandomness.com/BTC-QF.pdf
- Trias11 5y agoI like these bright thinkers proving everyone that given security should be zero while it is growing in multiples. Sort of like Peter Schiff. Where is my bag of popcorn?
- larrykubin 5y agoNow here's a chart comparing GLD and GBTC. GLD is negative for the year. If the objective is growing money, gold has been one of the worst places to be. https://www.google.com/finance/quote/GLD:NYSEARCA?comparison=OTCMKTS%3AGBTC&window=5Y https://www.google.com/finance/quote/GLD:NYSEARCA?comparison...