02-10-2018, 05:30 AM
(02-09-2018, 04:27 AM)Richardg8092 Wrote: So last week I was considering buying a few bit coins - not for any reason really, just because it seemed like it was a currency that people were using more and more.
In fact, I think it was just that I didn't want to feel left out, or left behind....
And, OK, there was also a part of me that was attracted to the fact the bitcoin was totally independent of Big Business and Government etc.
They wouldn't be dictated to by The Man. Kind of like Apple used to be, back in the day....way way back.....
And then the crash came, and overnight every bitcoin on the planet was worth 60% less.
And I realised how glad I was that I hadn't bought any, how I'd never needed it anyway, and how that kind of volatility scares me half to death.
I know what you mean about feeling left behind, but it wasn't exactly a gold mine at the end of the day unless you were way ahead of the curve and purposefully investing. More people lost money than made it. Terrible time to buy any cryptocurrency. It's frustrating to use right now because of how much it fluctuates overnight.