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Since a Hacker News participant first told me about Bitcoin Ticker[1] (back when a regulatory action in China caused a sharp drop in Bitcoin prices in U.S. doll
by tokenadult 13y ago
Since a Hacker News participant first told me about Bitcoin Ticker[1] (back when a regulatory action in China caused a sharp drop in Bitcoin prices in U.S. dollars), the Bitcoin price has dropped still more. That's not the kind of volatility I look for in an investment.
[1] http://bitcointicker.co/ http://bitcointicker.co/
- MWil 13y ago3Mth
- zanny 13y agoBitcoin isn't an investment, it is an entirely different way of doing money. If you want to play it safe play by old money rules, if you want to be on the forefront of something many of us think is revolutionary "long term return projections" be damned. Then again, I just spent most of my btc on tigerdirect 3 weeks ago, so I don't even have much left to call myself an investor with.
- brazzy 13y ago> That's not the kind of volatility I look for in an investment. Are you aware that any investment that produces nothing other than a rising market price is pretty much guaranteed to have very high volatility?