Bitcoin
Bitcoin
Out of context: Reply #1644
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- canoe0
I'm not sure how all this works. I was on a group call with some lifelong friends and one of em said he invested a couple grand and it's up 25% in 60 days.
Is anyone finding bitcoin to be a good investment?
- Aye, people who buy and sell at the right time. All the people who buy and sell at the wrong time? Probably less so.Nairn
- It's not really a good investment because it's not a true commodity nor is it a business with any prospective, leadership, or reliable plan.monospaced
- Its price is based solely on who is willing to buy it, which feeds into supply and demand. Like beanie babies, or the tulip mania. It's hardly a viable currencymonospaced
- Oh, by the way. Every actual market index is up 25% in the last 60 days, so that's not really anything to be excited about.monospaced
- It is quite the oddball of ideas.canoe
- I only doubled what I put in, so yeah "It's not really a good investment" lolmoldero
- I got some crypto coins... I enjoy watching them go up and down.Calderone2000
- Double? You could have done that with almost any tech stock with far less risk.monospaced