Why do you think it's such a risky investment? Most people seem to think bitcoin is going to skyrocket after the halving. Some are even saying it could hit 100k by the end of 2021. I think that's a bit too optimistic but fuck I hope they're right.
Mostly because it doesn’t have backing of government and banks right now. Also because there are less people using it then regular currency. Money gets value due to wide spread adoption and btc isn’t popular enough for me. The value is just all over the place. If it ever dropped to say $500/coin then I’d cash out half my stock and go all in.
I really do hope it works out for you though. It completely might, I’m not saying it won’t. I’m just staying away because I can’t afford to lose money on it
Yeah it's been pretty fucked for a few days now. I'm not worried tho. I'm about to buy some more while it's this low. I'll be worried if it's still this low in May.
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