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RE: Bitcoin vs Gold: Just the facts..
I agree. Currently, I don't actually own any BTC because I spread it out between 4 or 5 other cryptos. The amount I have right now isn't all that much (not even close to getting that house yet, unfortunately) so whatever I have in there I wouldn't sweat if I lost. As it grows, though, I'm sure I'll get more protective of it and pull out quicker. I do the same thing with options; whatever I put in, I make sure I'm ok with losing.
That vet bill really killed my recent influx of investment money...
yes.. always unexpected expenses! Well good luck to you either way and I hope you are successful. The stock market and anything you invest in sometimes feels like a more complicated casino (at least to me). When you risk any loss with anything (even investing), I still look at it like gambling. Some bets are safer than others. Perhaps things go up in value over time, and sometimes they go down.
This is why I also pulled out of alt-coin investing. It's too volatile and I don't have enough volume to help manipulate the market. I just kept on losing. Reading charts here and there is fine, but it's not regulated and pump and dump happens everyday. I haven't seen a coin that "surpasses" bitcoin (although the technologies are there). teem is just the same to me. It could go to being worth only a few cents.. but I don't play the game anymore. I just post and collect now. My payouts are pretty small these day's anyways. When I write out something longer it's more for me or anyone listening. I'm making more money in real life than "trading" or speculating. I'm just not good enough to play the market. I'm also too conservative with risk.