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by davidgerard 3212 days ago
The hype is full of survivorship bias.

* What if you lost it in Mt. Gox?

* What if you lost it in another of the roughly-monthly hacks of exchanges?

* What if you lost it on an accidentally thrown-away hard drive?

* What if you lost it to your own error?

* What if you lost it on one of the many scams the crypto space is absolutely suffused with?

For some reason these are never mentioned by people saying "but if you'd bought in 2011".

Look at all these coins you also didn't "invest" in! http://deadcoins.com/

Cryptos are gambling. Good luck if you won! But it's still not a sensible thing to recommend to others.

1 comments

I lost it in Mt. Gox, and this website made me very sad.