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buckyfonds | 8 months ago (raw) | root | parent | reply | flag +2 
 They always happen when #Bitcoin is pumping.

It's very important to explain to them that buying #Bitcoin for any time period of less than 4 years is highly speculative.

#Bitcoin is an investment, not a trade.

The only people who get rekt are the ones who trade #Bitcoin and use leverage.

If you buy with the intention to hold for 4 years +, there's no better asset IMO.
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21seasons | 8 months ago (raw) | root | parent | reply | flag 
 Thanks for the input. I agree that money one wants to save at least 4 years, it's best to use #bitcoin. However I don't see bitcoin as an investment.

In my opinion investing is more like gambling. You bet on something you can expect profits from by putting money in and taking the risk. Of course it's usually less risky than keeping fiat since fiat only goes down.

I see bitcoin as an investment technology where one don't need to invest or gamble with money to keep it.