I was watching a video "Is it college worth it?" and meanwhile I was thinking about that:
Would you advice a teenager to spend 50k/100k in education or would you advice him to buy bitcoin or alt coin and hold them for 3/5 years?
Would you advice a teenager to spend 50k/100k in education or would you advice him to buy bitcoin or alt coin and hold them for 3/5 years?
If it is year 2005 we are talking about, I would definitely advise to buy bitcoin and then hodl for 10 years.
But time in between will be crucial, can probably work some jobs along the way while your bitcoin works for you at the same time. But of course, we are talking 100 btc here in 2005. Must be great!You would never advice anyone to buy such a portion of Bitcoins.
You say that because you already know where the price went in the future of 2005.
If it was 2005 you should probably tell a teenager to go to college because Bitcoin didn't exist back then!