https://enron.com/pages/terms-of-use The last para of "overview" >>> THE INFORMATION ON THE WEBSITE IS FIRST AMENDMENT PROTECTED PARODY, REPRESENTS PERFORMANCE ART, AND IS FOR ENTERTAINMENT PURPOSES ONLY. LMAO!!
Yes so? It is actually worse, because its crash is harder to predict. Now the situation has changed because it acts in tandem with the market, so when the market tanks, so goes all crypto. Plus you have the average crash expected in every 4-5 years.
Unfortunately bans rarely last. Maybe BTC is more mature now and won't experience another 80% drawdown.
Keep waiting for the stock market crash, then. You're wasting your precious time btc 80% drawdowns are buying opportunities, why do you want them to never happen?
Fine for trading. But if you HODL with a big chunk of your net worth, there's always the risk that a) it never comes back or b) it takes many years (which is a problem if you're old like me) You may believe (a) is not possible but I've learned over the years that anything can happen no matter how unlikely it seems.
Well, it's difficult to argue with your a) and b) hypothetical scenarios that has never happened to bitcoin Yet, you feel safe holding most of your net worth in real estate? The irony is c-r-a-z-y Do you know your real estate can crash so hard and because they are illiquid, you WILL NOT BE ABLE to get out? Koreans and French people may learn the hard way, just as Venezuelans and Argentinians have, just as German Jews pre-Nazi timeline, just as Florida real estate owners are learning now Keep storing your net worth in real estate and when there is turmoil whether it be in the economy, or government, or natural disaster in your area, then you will understand how risky your store of value is golden handcuffs, Mr Ed,
Lots of people say that it's a home, but also say the value has gone up hundreds of percent and their net worth has increased as well having the cake and eating it too