Bitcoin and pretty much all other cryptocurrency alt coins have been a massive success since the beginning of the year. With some up over 1000%.
If you got in early you would have made a fortune!!
I'm sure there's some lucky ones out there that rode the waves the whole way up.
The problem is the high volatility. Massive percentage increases and decreases on a daily basis which is generally more bad than good when it come down to trading or owning a certain coin.
It's not good for your sleep or stress levels!!
I have no doubt that crypto hasn't reached its peak and there is a lot more money to be made and gained by owning crypto.
But for me the risk is just to high!!
Of course I own some and I suggest you do too.
But I would never put all my money into it.
Although Gold and Silver have been smashed down since 2012 and compared to crypto have no comparison, I believe it is a perfect time to be investing in such a thing.
Firstly, the price is so low, especially silver. They are practically giving it away.
Secondly, unlike crypto, Gold and silver are physical tangible assets that are always going to be worth something. They can never be worth zero.
Finally, although Fiat currencies and crypto are different, where Fiat is an unlimited currency cap and crypto is the opposite. They are still both based on confidence and this is the problem.
At any point confidence is lost. Money will be taken out of the system and the price and buying power for such fiat and crypto will drop or completely disappear.
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Have a wonderful day. :)