Replies to post #6602 on Bitcoin (BTCUSD)

[New Doctor]

I agree absolutely. Cryptocurrencies remind me of penny stocks. Years ago lots of investors believed in those companies that they had value. Some of them shot up from $1 to $100. When word got out that these companies had no real value they collapsed accordingly. I am surprised that Bitcoin has held up as much as it has. The days of throwing money into with a hope that it will explode like it did last year are fading. There also doesn't seem to be any widespread attempt by stores and vendors to accept it. I have used it just to move money around. Fortunately it never collapsed during the short time I was in it.

[sheeponwllst]

If your not able to keep your coins in cold storage and keep them safe you shouldn’t be investing in it, Coinbase is FDIC insured