I invested in some bitcoin back about 2015 just for fun as it was going up in price to at the time about $500 for one whole coin. Thought it was amusing. Watched it deflate in value to about half its worth the following year or so. Then Boom!
Right now that small investment is worth about 30% of my entire financial assets. Insane. I've added to it in the last few years just because of the value of the dollar going to crap but it's more of a preventative measure of a collapsing dollar than of an investment now. Still I've never had anything that gained in value the way that first little purchase did back then.
Will it go up in value? Will I lose all I invested in it? Time will tell. At least I have learned a lot from the ride.
I invested in some bitcoin back about 2015 just for fun as it was going up in price to at the time about $500 for one whole coin. Thought it was amusing. Watched it deflate in value to about half its worth the following year or so. Then Boom!
Right now that small investment is worth about 30% of my entire financial assets. Insane. I've added to it in the last few years just because of the value of the dollar going to crap but it's more of a preventative measure of a collapsing dollar than of an investment now. Still I've never had anything that gained in value the way that first little purchase did back then.
Will it go up in value? Will I lose all I invested in it? Time will tell. At least I have learned a lot from the ride.