I had £100 of DOGE for a purely speculative gamble. It went down to about £40 immediately so I just ignored it – checked my wallet randomly the other day and it had balooned to £400 for no concievable reason; decided that return was good enough to cash out.
The energy point made by Richard above is what I think will ultimately kill Bitcoin; so much focus from all investors globally on emissions these days that I just can’t see that surviving in the long term (given any coin could easily replace it as it’s not generally an accepted medium for transfer).
Well covered in this post but Crypto is a pure gamble, anyone who says otherwise is generally trying to justify their own exposure to themselves IMO. My opinion only, YMMV, many have a different one clearly and they are welcome to it.
I’ve got a number of equity and ETF investments; you could argue that they are more tangible given potential access to actual cashflows, but it’s become quite evident over the past few years that performance and DPS bears almost no relevance to equity valuation. In short, all a gamble, just a broader upside/downside fan which investors should take into account.
