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What is the argument, purely on objective track record rather than subjective factors, that bitcoin actually is high risk? I believe that it is relatively high risk but there's no hard measure I could use to 'prove' it.
This is where my head's been at the last few years. I started out with a 'gamble' sum when I first heard about it (also to satisfy the nerd in me)... it went up a lot. Which made me do more research. This matured into a scheduled monthly buy. I still think it's a risk, but the big banks / funds getting involved is all the incentive I need to sit on my hands for another few years. Not hoping for a lambo, but a chance to pay off / greatly reduce the mortgage would do nicely.
georgert
aggi
There is a spectrum of risk, but there is a subjective element, hence people make different decisions, profit from risk being mis-priced, etc.
What is the argument, purely on objective track record rather than subjective factors, that bitcoin actually is high risk?
I believe that it is relatively high risk but there's no hard measure I could use to 'prove' it.
Shares in a listed company are generally considered to be well down towards the high-risk end, after cash, gold, bonds, loans, etc. And I'd make a big distinction between bitcoin and meme coins / shitcoins.
There are bitcoin derivatives markets