Volatility absolutely matters in an investment. Bitcoin is absolutley not "consistently up" that is the most absurd lie you could hope to get away with. Literally every single penny stock that gets pumped it "up" while it's being pumped.
The only currency as volatile as bitcoin are the ones going through hyperinflation and no one wants to use those either, and they sure as hell aren't an investment.
Investments hold their value, that's the point.
People trying to make money are speculators not investors. They are gambling. You have the same chances at the casino, and you will have more fun.
Bitcoin is absolutley not "consistently up" that is the most absurd lie you could hope to get away with.
Almost as absurd as fabricating a quote. I never once claimed it is "consistantly up," no investment is "consistantly up". If such a thing existed there would be no point in ever investing in anything else. I said the overall trend is up, which is true.
Literally every single penny stock that gets pumped it "up" while it's being pumped.
Are you claiming that bitcoin has been pumped for a whole decade?
Investments hold their value, that's the point.
All investments rise and fall in value. So long as they have risen in value by the time you cash out, nothing else matters.
People trying to make money are speculators not investors. They are gambling. You have the same chances at the casino, and you will have more fun.
All investment is speculative in nature. We can never know for certain which assets are going to gain or lose their value. Investments fail all the time.
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