did you guys know that the vast majority of wealth that was lost in the 1929 might crash was not at the crash itself but in the 3 years following the peak when people were buying the dips, you know that yes?
yeah but I'm up over 1600% and prepared to hold another 3-5 years no problem. I've been investing since 1994. Did you know most conservative investors consider 10%-12% return in a year very very good.
Also as an adopter and supporter of Bitcoin I use it to buy as much as I am able to.
Well my theory is that virtual currency is here to stay and the value is at $30. I'm buying in very small chunks for now until we get close to $30. I just like to own coin, it feels good, even if it isn't a huge amount. Since Bitcoin is a virtual currency and not 100% speculation (no need to worry about it not having a P/E). It will continue to get used and adoption will slowly rise. I'm just not as exuberant as some of these folks. Point is as a guy who runs data centers around the world (been programming since 1983 if you want to talk old
), understands crypto based currency, I feel I can keep up with the news and play it safe. If another currency like Litecoin starts to get more adoption for example I will diversify.