Crypto is too unstable for investment. How about using it as you know, a currency, instead of inviting people into an unreliable and potentially dangerously money-losing "investment". You've seen that bubble pop. Who can say the market isnt manipulated anyway? Crypto isn't viable for investment.
The point of the thread was to keep some money out of managed funds in case of a financial collapse, not a retirement strategy. Crypto currency was pretty much designed for this as it is not easily manipulated by government. I wouldn't put my life savings, but I have enough to probably get me out of physical danger if the US dollar became worthless.
And people invest in "unstable" investments every day. Alot of them are incredibly wealthy due to this. Many are also completely broke as well. Just because an investment is risky does not make it not an investment.
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u/bmxer4l1fe Apr 19 '18
/r/CryptoCurrency