I have a buddy, a CEO of a large e-commerce company, so way smarter than me, and he says it’s just gambling.
I've proved the exact same building for a company 9 years in a row around April of every year, haven't built it yet
You can fundamentally look at a stock, bond, or closely held business and determine a value of it and then decide if you think the asking price is spot on or over/under valued. I do not understand how it is possible to do that with crypto.
Everything about it is open and transparent and can be easily looked up. Now that doesn’t mean I can predict the future from it but can easily track settlements, holders, how much the miners are making, hash rate and what not. The short term volatility is extremely high but if you’re a long term holder. It’s probably the worlds number one assets to hold since it’s conception.
That’s true with everything though, and nothing is the world is a sure thing. But it is the most secure and strongest computer network system in the world, and in the digital world that’s going to have value.
I can't tell if you are going to be asking me for 20 bucks in a year or if I am going to be washing your windows in 20 years. Or both?
It did dip below 20k briefly around 4 utc so I am already technically correct, which is the best kind of correct.
My retirement goal was to include/cover season tix and the associated T&L in my expense line until I was too old to go to games. I succeeded. I will leave the bitcoin, et. al., "investment" strategy to you youngsters.