This is why I have liquidated my position in Bitcoins. There is very little upside going forward. No forward moves of late have any traction whatsoever and demand continues to lag. Way too little upside for such a risky proposition so my advice is to move into dollars. Only a significant change in the economy could alter this forecast. image

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Obviously, hindsight is 20/20 so I don’t really fault too many people in the early days for not giving magic internet money a fair chance. But also sad he didn’t at least diversify a small portion. What a missed opportunity.
Junghwan's avatar
Junghwan 1 month ago
Read ‘The Fiat Standard” first then you will come back