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Honestly the last few crashes have shook my confidence a bit. BTC seems to be less of the hedge I thought it was. It seems to be pretty heavily correlated with
by throwaway742 4y ago
Honestly the last few crashes have shook my confidence a bit. BTC seems to be less of the hedge I thought it was. It seems to be pretty heavily correlated with other assets.
- piva00 4y agoA speculative asset is... A speculative asset. Very few people joined the BTC bandwagon on principles, most of the space is crowded by speculators trying to get rich quick, it's been pretty obvious for the past 4-5 years at least.
- throwaway742 4y agoI've held BTC for well over 5 years now. I already got much more out of it than I initially put in so I'm not really too worried. I actually did invest based on my principles. My faith might be a little bit shaken, but at this point I feel like I might as well see the experiment out. Maybe I am a fool.