Forums Chit Chat Bitcoin: does anyone get it?? Reply To: Bitcoin: does anyone get it??
#209
dave
13 Posts

It’s really quite straightforward – here’s some background – https://en.wikipedia.org/wiki/Bitcoin My personal take on it is – treat it like any other financial bubble that can burst at any moment ( usually just after you’ve committed your life savings!) don’t go anywhere near it if you don’t have a clear picture in your head of what you’re letting yourself in for.

After saying that, I know some people who have already made a decent killing out of it, taken a profit then reinvested only to do the same thing over. But beware!!! This kind of gambling ( for that it what it is ) can be very, very addictive and can give you a serious bite in the posterior, or wherever else you keep your wallet.

For 99.999999% of people I’d advise forgetting everything you’ve heard – buy a house or land – they aren’t making any more.