Jamie, sure, a winning lottery ticket. You spend $1 and win $100 million. Easy, right?

The line you highlighted said ‘returns higher than cash’ without the risk of bitcoin. Certainly anyone who bought bitcoin at under $1000 and still owns it has made a lot of money (on paper), but will someone make money buying it at today’s price? No one knows, but lots are buying.

People buying today may find that Bitcoin in fact does worse than cash over the next 10 years.

I just suggest that people realize BTC has more downside risk than many other assets and therefore keep it to a small portion of their portfolio (not more than they can afford to lose). That way they can participate in the potential upside without losing it all in the potential downside.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store