[stouset]

Would you care to elaborate on why you consider BTC to not be risky?

Quite frankly, any asset that can go up 300% in a year (or 100% in 3mo) is prima facie a high-risk investment and can just as easily have a swing down of the same relative magnitude. Nothing in BTC’s history as an asset should give any reason to believe it’s currently a stable store of value, full stop.

[brunoac]

Sure. Not an expert here.

Of course in the short-term is very risky and would not recommend anyone to make an entry right now. I have been reducing my exposure as the prices have been going up.

However when you look at the fundamentals of the technology and what all governments are doing to money I think it is not a so risky bet for a 3-year (don't know, maybe 10-year?) bear market with high inflation. One of the greatest assets in the world for keeping your purchasing power intact. If the government keeps printing, the price will keep going up. Just like the Venezuelan bolívar is >1 Million to 1 USD. A question comes to my mind: are Venezuelans thinking that the US dollar is too risky to buy?

[tootie]

BTC and any crypto essentially has no fundamentals and no indicators. It's like we can look at the stock and bond markets for things like interest rates, P/E ration, yield curve and a zillion others. Commodities are supply and demand for the most part. BTC just goes up from it's own hot air. You can look at it's record and say that it will keep going up because it's been going up. There's been dips before, but no one can say what triggered it other than a stampede. So long as there's no indicators, there's no negative indicators. So investors are happy.