[symfoniq]

This isn’t actionable, though.

If I’d bought Beanie Babies or Stanley Cups at a very particular point in time, I might be up 1,000% at another very particular point in time.

If I’d bought Bitcoin in 2021, I might still be down almost 50%.

None of this answers the question “Why would I want to buy Bitcoin?”

[alwillis]

> This isn’t actionable, though.

Of course it is. If you bought Bitcoin five years ago, you'd be up about 1000% and could sell. That's actionable.

Long term Bitcoin investors believe it'll be significantly higher in the years to come.

If you bought $1000 worth of bitcoin in 2013, it would be valued at over $2 million at the end of 2023 [1].

[1]: https://www.goodfinancialcents.com/bitcoin-annual-returns/#b...

[animex]

So, then, why buy Gold?

[symfoniq]

Personally, I don’t, for some (though not all) of the same reasons I don’t buy BitCoin.