Bigworld, >> never trusted it <<
I always felt that way about bitcoin too, and figured that the Fedsters would do everything to wreck it since it's such a threat to their own fiat Ponzi scheme.
I remember 7 or 8 years ago my nephew was thinking about getting some bitcoin, and I discouraged the idea. He was in grad school and thought it might be worth taking a flyer on. Turns out that $100 worth of bitcoin then is now worth something like $30 million. Sheesh..
Bad advice on my part, but after the frustration of trying to pick bio stocks, I figured who needs another crazy lotto play idea. But if you think about it, using the sound principles of diversification, and putting something into all asset classes, would have meant having at least a little in bitcoin.
Oh well, another missed opportunity, like selling my Amgen back in the mid 1980s for a quick 25% gain. I was thrilled at the time to make the 25%, but then watched it rise thousands of % in the subsequent years.
I also remember selling my gold coins when it zoomed up to $650/oz, thinking wow, almost a double, and then watching it continue up to $1900 a few years later. So a lot of opportunities missed, and bone headed risks taken..
