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by delbarital 3128 days ago
"Investing" in any currency is a very bad idea.
2 comments

Agree in totality. This is the same concept as buying South African Rand because the value moved significantly in the past year or two with respect to your current. These aren't assets, these are mediums of exchange. Plus, in a world where all we use is Bitcoin, the price change with respect to dollars becomes irrelevant.
Write down the price of BTC today and take a look at your comment after 1 year.
That's not how risk works.

If one year from now it's up 10x, that doesn't mean it's a good idea now.