In November, when Bitcoin hit $900, sparking exciting Facebook discussion from rationalist friends, I wondered if I should buy some. Then I rehearsed the standard arguments against doing so and kept my money where it was. Because of this, I didn’t lose any money when Bitcoin crashed in December, and finished the year about $1400 ahead on some very boring stock investments.
I don’t know much about stock investing so I can’t really compare, but it seems Bitcoin is currently at about $950, so unless you panicked and sold when the crash happened I think you’d have been fine.
In November, when Bitcoin hit $900, sparking exciting Facebook discussion from rationalist friends, I wondered if I should buy some. Then I rehearsed the standard arguments against doing so and kept my money where it was. Because of this, I didn’t lose any money when Bitcoin crashed in December, and finished the year about $1400 ahead on some very boring stock investments.
Doesn’t look like you would’ve been at a loss if you had bought*. Weird brag.
*current price is above $900
Upvoted less for teh Bitcoin thing but for using a boring sensible option. Was it something like an index linked fund?
I don’t know much about stock investing so I can’t really compare, but it seems Bitcoin is currently at about $950, so unless you panicked and sold when the crash happened I think you’d have been fine.