[frgtpsswrdlame]

Sure but what's the importance of that fact? If I buy an ecoin at $1500 and it goes to zero and if I buy gold at $1510 and it goes to $10 it's the same loss. I guess what's the real importance that gold has a floor which is marginally above zero and bitcoin doesn't if both of those floors are far below the current price level.

[saalweachter]

It's valuable because you can, if you do some research, make some pretty educated guesses about what the floor is in the gold market. That tells you whether you are risking 10%, 25%, 75%, or 90% of your money while speculating.

And, uhh, if you don't know why having a good idea of your potential downside is useful when investing, maybe consider finding a trustworthy financial adviser?