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<blockquote data-quote="BadIdeaGuy" data-source="post: 6039325" data-attributes="member: 73381"><p>The S&P 500 has never dropped more than 40% in a year.</p><p></p><p>Bitcoin has dropped 99.9% in a year before.</p><p>If that ever repeated, your 100K bitcoin would be worth a hundred dollars.</p><p></p><p></p><p>I was post Gox, but close enough that I know people personally who lost money.</p><p>The more volatile the investment, the more caution should be exercised. Stop pretending it's a catchall.</p></blockquote><p></p>
[QUOTE="BadIdeaGuy, post: 6039325, member: 73381"] The S&P 500 has never dropped more than 40% in a year. Bitcoin has dropped 99.9% in a year before. If that ever repeated, your 100K bitcoin would be worth a hundred dollars. I was post Gox, but close enough that I know people personally who lost money. The more volatile the investment, the more caution should be exercised. Stop pretending it's a catchall. [/QUOTE]
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