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.
Not hoping for a lambo, but a chance to pay off / greatly reduce the mortgage would do nicely
My plan is to use Bitcoin to pay off the mortgage. The beauty of this plan is that it can definitely happen, just depends how much mortgage is left when it meets the value of my bitcoin ...
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.