OpenSourceOptimist on Nostr: There is no free lunch. The massive upside potential of bitcoin comes with an equally ...
There is no free lunch.
The massive upside potential of bitcoin comes with an equally massive risk. Nobody knowns what value of a bitcoin will be if/when bitcoin becomes a dominant currency. Maybe 1mil maybe 40k.
At some point the purchasing power increase of bitcoin will increase with the global output increase.
Paying of your mortgage is low risk use. Divide your money between the two according to the risk level you are comfortable with.
Will you be able to sit through the next BTC crash without panic selling?
The massive upside potential of bitcoin comes with an equally massive risk. Nobody knowns what value of a bitcoin will be if/when bitcoin becomes a dominant currency. Maybe 1mil maybe 40k.
At some point the purchasing power increase of bitcoin will increase with the global output increase.
Paying of your mortgage is low risk use. Divide your money between the two according to the risk level you are comfortable with.
Will you be able to sit through the next BTC crash without panic selling?