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A comment on Bitcoin and almost every other cryptocurrency crashed hard today. Parent comment

Re:Bitcoin and almost every other cryptocurrency crashed har... by scotty79 on Friday December 22, 2017 @09:33AM (#15987678)
> Buying it now is fairly reasonable.

I'd wait few months. If it is actually crashing not just backing up before next silly raise then you'd be better off waiting till it settles after the crash. It usually takes few months or a year.

If you don't want to gamble, bitcoin is rather long term investment.

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Re:Bitcoin and almost every other cryptocurrency crashed har... by paul7986 on Friday December 22, 2017 @09:55AM (#15987821)
I opened a bank account for BitCoin and put less then $100 into for investment. No way would I ever connect my real bank account to any crypto currency wallet.

Anyway I invested the $100 and I am down, but whatever it's like going to the casino and gambling/losing it all.

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Re:Bitcoin and almost every other cryptocurrency crashed har... by skinnymuch on Friday December 22, 2017 @11:58AM (#15988895)
Yeah I mean it's just $100. Not much to go up or down on with it.
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Re:Bitcoin and almost every other cryptocurrency crashed har... by leshow on Friday December 22, 2017 @09:45AM (#15987739)
no matter what term you invest on it's a gamble.
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Re:Bitcoin and almost every other cryptocurrency crashed har... by scotty79 on Friday December 22, 2017 @10:23AM (#15988053)
Technically true, no matter what you invest in and for how long, but I suspect casinos would be less thrilling places and caused less addictive costly behaviors if you had to wait for the outcome of your gamble few years.
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