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Reply to "If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?"
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[quote=Anonymous][quote=Anonymous]People are holding BTC ETFs in retirement accounts when a mystery man holds 5% of the total supply and the largest exchange, binance, is not regulated. FTX single handedly causes massive financial chaos and ruin and yet people think this asset is safe?[/quote] It's not safe in the sense of low risk or low volatility - but it has tremendous upside potential that justifies owning it despite a lot of downside potential (and some hard to quantify risk of total loss). Would you not want to own an asset for example that had a 50% chance of total loss and a 50% chance of quadrupling?[/quote]
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