RE: Why I'm Negative on Bitcoin

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Why I'm Negative on Bitcoin

in bitcoin •  7 years ago 

I agree with must of what you say, and I think a lot of people would benefit from seeing your point of view from time to time. What new investors often forget and even seasoned investors, is that ''risk and reward goes hand in hand''. One of the worst things you can do in investing or any other decision in life, is it economic or not. Is to ''assume your conclusions''. Because then you are actually not testing the data, but your personal opinion. (and just so you know, that's a big no no). If you shoot someone down for pointing out another way of viewing a problem or something you want to test (data), then your test is going to come out wrong/false. If you see Bitcoin as a thing that is only a succes story, and ignore the risk or any downside then you are ''assuming your conclusions!'' And by the way, if you ''assume your conclusions'' and only look at the upside, then you are quickly going to be out of a job atleast if you care about statistics.

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