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50k bit coin would you?
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rangaf
Posted 2/17/2021 07:54 (#8838662 - in reply to #8837567)
Subject: RE: 50k bit coin would you?



Minneota, MN
How would Americans (and the world) like it if the US Dollar gyrated in value like Bitcoin has? Imagine going to the grocery store with $100 USD equivalent in Bitcoin, and by the time you check out it's worth $85 USD?

The euphoria with Bitcoin is simply beyond my imagination.

To answer your question, the higher Bitcoin goes does not imply a safer investment. For me personally, it has increased its risk substantially (it seems to be trading only on speculation).
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