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RE: Bitcoin is headed to crazy highs and so are some altcoins.
Yes, volatility is great in trading, where you can Call as well as Put. However, if you are the owner of a Bitcoin and the value falls, then you have lost your money.
you only loose your money if you sell the bitcoin, hold it and wait, and only sell when it's at the top, when bitcoin goes to the top is when I like to take some profit
That is the argument people use when they buy houses too. The price is bound to go up. No, when the market drops, the money is lost to those who were hyping it as a sure thing.
Lmao what... If you bought Bitcoin at the previous all time high and held it you'd be in good shape now so Craig is exactly right