You are viewing a single comment's thread from:

RE: Question of the Day. Should I Borrow Money to Buy Crypto Currencies?

in #bitcoin7 years ago

Yes: avoid the "Single Point of Failure." It's why IT systems have backups and redundancy. It's why veteran bloggers and social media types don't go all in on any one platform.

I for one am planning for two scenarios: Bitcoin goes to $25, and Bitcoin goes to $25,000. Neither is out of the realm, and both could conceivably happen.

Sort:  

Well stated. Both scenarios are totally possible, and not that far fetched. Perhaps only the two sigma point of variability

STEEM On !!

Dave