Olivier Perrin – The Brave Little Economist (Switzerland) –
Bitcoin just spent $ 15,000 .
It grew by 50% in one week.
Even Mr. Arnault’s Les Echos stopped their favorite crypto-bashing sport and finally conceded that Bitcoin should be taken seriously .
This is also the most read article of the site for 3 days.
Such a progression is accompanied by a monumental risk. The famous bubble Bitcoin ready to explode since he spent the thousand dollars … At 15 000 is still waiting.
But is this really true of your perspective?
Say you put 10,000 euros on the stock market hoping for 10% gain in one year. You also take the risk of losing 10%. You risk 1,000 euros to hope to win 1,000 .
Bitcoin has grown by 2,000% in one year and as you can see, it has a tendency to accelerate.
If you want to win 1,000 euros, as in the previous case, just invest … 50 euros ! Of course the risk is also that Bitcoin loses 2,000% … Or even that it disappears and you lose your 50 euros.
For the same gain you must:
- Risk 1,000 euros on one side … And immobilize 10,000.
- On the other hand you risk 50 euros … and you immobilize … 50 euros. No need to be Croesus.
This is the reason why I think that people who have 10,000 euros in insurance should put at least 50 euros in Bitcoin.
To your good fortune,