What you've stated here is your experience, now if you try to extrapolate the thinking/investment model you've used to large number of people - there is very limited upside and very high downside.
No it stays the same if you have an investment portfolio and only invest max 5% in high risk assets.
Assume you invest 1% of your portfolio in Bitcoin. What is your downside? 1%. Not that high, is it?
What is your upside? Maybe x100, so double your entire portfolio.
Right now, you came late to the game, so don't expect a x100. The risk is probably still the same, but the upside way lower. But when Bitcoin was still young, the upside was definitely worth the risk. And it didn't even live up to its original intent. Imagine the price if it did!
koonsolo|3 years ago
Assume you invest 1% of your portfolio in Bitcoin. What is your downside? 1%. Not that high, is it?
What is your upside? Maybe x100, so double your entire portfolio.
Right now, you came late to the game, so don't expect a x100. The risk is probably still the same, but the upside way lower. But when Bitcoin was still young, the upside was definitely worth the risk. And it didn't even live up to its original intent. Imagine the price if it did!
SketchySeaBeast|3 years ago