Quote from: bmo88 on Today at 08:25:12 PM

Quote from: mindrust on Today at 08:09:26 PM

You can always limit your exposure to bitcoin. I don’t know your asset portfolio structure but hopefully you are not going all in on bitcoin because like you noticed, there might be some dangers ahead.

Not owning bitcoin is equally dangerous, sometimes even fatal.

Btc is a decentralized asset. If in the future somehow something happens to it, there won’t be anybody taking responsibility. Whatever you had bitcoin will be gone.

But if it keeps rising, you will also be sorry because btc is on its way to reach a million usd. It not a matter of if anymore.

My bitcoin holding is only 10% of my total investments. Having a family makes it hard to make it any more than that...

Also guys, yes, my takes are dumb! See my title under my name? "newbie" Grin

You can easily just stick to the DCA strategy of investment, seeing you have a lot of family responsibilities and other bills to look out for. Investment in Bitcoin isn't a do or die affair, the most important thing to understand it and the cryptocurrencies market and then know how to use the information to your advantage either by making payments for purchases or receiving payments via the block chain network or for savings to achieve a future goal, the knowledge of Bitcoin and cryptocurrencies network in this day and age, is a plus for many reasons I can't possibly state.