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    Author Topic: I AM HODLING  (Read 796561 times)
    dinofelis
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    January 09, 2015, 03:58:12 PM
     #1661

    So sad.. many people in this thread are going to learn a hard lesson. Buying more coinz now is nothing short of wild gambling.

    Eh, bitcoin IS wild gambling.  It is like buying tickets of the lottery.  A very very high chance that you lost your money.  But a very small chance that you will become very rich.  What's wrong with buying a few lottery tickets ?

    Of course, you must realize that it IS buying lottery tickets, that is, with a very high chance of them being worth nothing.  So you must just use a small amount of money that you will consider totally lost.

    But if it has a 1% chance to go to $ 100 000,- (15 years from now), then there's nothing wrong with gambling $300,- on that, no ?
    It still means that you have an overwhelming 99% chance that you've lost your money.

    If $3 000,- are nothing important to you, what's wrong with gambling that for 10 coins ?  If ever it works out, you're a millionaire !  If it doesn't (which is most probable), you've only lost the $ 3 000,- that didn't mean much to you.
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