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<p>[QUOTE="CygnusCC, post: 7842572, member: 120299"]Maybe it's just because I'm a crypto investor only, but I still cringe when I see that people would be buying things with crypto at this early stage. I would be kicking myself if I bought a shiny thingamabob from an online jeweler for 1 BTC when it was say $20k and then watched BTC hit $500k in a year or two, realizing that thingamabob could have just cost me a half million dollars.</p><p><br /></p><p>Same goes for alts, too. They have an even greater chance of dramatic rise. I guess it's like walking around with gold dust in the 1800's and pouring it out for a shot of whisky. It's hard to predict what the future will bring, but that whisky probably turned out to be pretty pricey.</p><p><br /></p><p>I'd basically have to just stop watching crypto values if I spent $70k worth of BTC on a Tesla or I'd just be sick. On the other hand I could be laughing all the way to the bank if BTC plummeted right after. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> So... to each their own. I just wouldn't want to chance it - liquidity is best for my comfort level in this environment.[/QUOTE]</p><p><br /></p>
[QUOTE="CygnusCC, post: 7842572, member: 120299"]Maybe it's just because I'm a crypto investor only, but I still cringe when I see that people would be buying things with crypto at this early stage. I would be kicking myself if I bought a shiny thingamabob from an online jeweler for 1 BTC when it was say $20k and then watched BTC hit $500k in a year or two, realizing that thingamabob could have just cost me a half million dollars. Same goes for alts, too. They have an even greater chance of dramatic rise. I guess it's like walking around with gold dust in the 1800's and pouring it out for a shot of whisky. It's hard to predict what the future will bring, but that whisky probably turned out to be pretty pricey. I'd basically have to just stop watching crypto values if I spent $70k worth of BTC on a Tesla or I'd just be sick. On the other hand I could be laughing all the way to the bank if BTC plummeted right after. :) So... to each their own. I just wouldn't want to chance it - liquidity is best for my comfort level in this environment.[/QUOTE]
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