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A comment on Flaws in Bitcoin make a lasting revival unlikely. Parent comment

Re:Flaws in Bitcoin make a lasting revival unlikely by xiphias2 on Wednesday March 27, 2019 @10:01PM (#19508462)
The point is that you shouldn't invest in an asset without understanding its properties.

I help my friends buying Bitcoin and I make sure that I prepare them for the huge risk they are taking.

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Re:Flaws in Bitcoin make a lasting revival unlikely by mannykannot on Wednesday March 27, 2019 @11:53PM (#19509094)
You help them by explaining that it would be a mistake to regard an 80% - 85% decline as brutal?
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Re:Flaws in Bitcoin make a lasting revival unlikely by xiphias2 on Thursday March 28, 2019 @01:37AM (#19509554)
Yes, I myself have been through multiple of those, and it's important for people to expect it.

The most brutal things for me were about losisng/forgetting/not writing down correctly passwords, exchanges being gone with part of my money, even though I tried to be very careful. Being 80% down is nothing compares to.these kind of (not as rare as you think) events.

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