Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
rpietila
on 26/05/2014, 12:34:42 UTC
The reason that BTC is so cheap and progresses so slowly is that people are only exponentially "getting it". As long as this persists, however, it will grow exponentially, and unless you can't wait for 2 years to see the results, then ....

...you should ANYWAY buy all the bitcoins you can, because historically it has been the best investment in all timescales.

But short term there are timescales in which you'll lose money. This is where patience comes in. If you don't have patience for Bitcoin, good luck with any other investment ever.

That's what I mean. Every holding is an investment. If you have any fiat in any bank, its value may also fluctuate. Only if you don't own absolutely anything, are you free of this. Holding cash for 2 years is impossible for 40% of people, there is a total loss no matter what  Grin

I renounced silver (which I did for profession) in 2013-2-6 and urged all my readers, customers and investors to buy BTC. They are now sitting on about 4000% gains. And that is not even 2 years..