I grasp your take on Bitcoin, but it lacks layers. All investments carry risks, right? Conventional assets like real estate and precious metals, despite steady returns, arent they subjected to market swings too? You underscore Bitcoin's high-risk, high-reward nature, but doesn't that make it a tantalizing gamble? You concede Bitcoin is a marathon, not a sprint, kind of investment.
Only risk what you can afford to lose, agreed, but isn't that Investment 101, not exclusive to Bitcoin? It seems wiser to say a strategic, diverse investment approach, Bitcoin included, is the real winner.
When you enter the game, you should know about it beforehand. Investors should know what the risks are and how they can maintain that for better investment plans. Investing in anything doesn't give you a 100% guarantee that you will make profits. Either it is Bitcoin, or something else. It is a piece of common knowledge among good investors, so I did not feel that I need to address that here. High risk - high reward does not apply to everyone. Not everyone can afford that. And if you are willing to take that risk, better to do it with something you can afford to lose, right?
Strategic, well-planned, diverse investment approach, yeah, you need all of them for a successful investment. But as an investor, haven't you learned those already? When it comes to investing, compromising something which is already a better investment is a fool's job. Selling property? No, I can not agree with that. If one is investing in Bitcoin and making profits, then they know the strategy very well. So if we stick to the main subject, I guess my points are quite valid.
