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>Fortunately in what sense? You're talking as if BTC was worth nothing. 19K is still a really good price if you zoom out. Fortunate in the sense that I learnt
by vmurthy 4y ago
>Fortunately in what sense? You're talking as if BTC was worth nothing. 19K is still a really good price if you zoom out.
Fortunate in the sense that I learnt that the only way to reliably value any asset is to calculate cash-flows -- for me anyway. There are a million things (BTC,ETH whatever) in which you can invest and some of them will make money but I learnt these weren't for me because I can neither predict how high/low something can go
> I understand young people whose first investment was BTC 1 year ago and bought at 60k and are -70%. But if you have been investing for 10+ years as you mention then there's nothing fortunate about not having bought BTC.
Investing in company stocks that I somewhat understand, yes. Fortunate about not having bought BTC .. well. I don't seem to understand how BTC can be worth anything at all so I didn't/won't :)