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So, you are suggesting that bitcoin is or has been a bad investment? You clearly didn't look at the charts.
by siwatanejo 5y ago
So, you are suggesting that bitcoin is or has been a bad investment? You clearly didn't look at the charts.
- polygamous_bat 5y agoAh yes, I forgot, number goes up in the short (10 years) term is the necessary and sufficient condition for any good investment. /s
- IE6 5y agoWhat chart should I look at to not feel like investment is a bad idea right now? Because looking at Google and the 5Y for BTC it seems stalled between 30 - 40 and has not gotten back to its peak of 60.
- siwatanejo 5y agoGood investments can't be looked in the short-term. Over the medium-term, bitcoin has been the best investment in history.
- WJW 5y agoThe charts can only tell us that it went up in the past. What interests most people more is if it will go up in the future.
- insickness 5y ago"Past earnings do not guarantee future earnings" can be said of literally any investment.
- WJW 5y agoIt is already said of every investment, which is why siwatanejo's suggestion earlier that bitcoin would be a good investment right now based on historical charts is such an uninsightful comment.