Everything comes down to circle of competence and risk appetite IMHO. If I didn’t know what bitcoin was or had no risk appetite, and most importantly no spare cash I wouldn’t buy it. Lots of clothes have been invented and trends have changed many times. In hindsight many things may seem a good idea.
Someone may have thought buying Race at $1 was a good idea just like others at $2 or $3, or but here today at 80c. Only time will either confirm or deny their genius! Btw, there is always opportunity cost.
AIMO. GLATH.
Everything comes down to circle of competence and risk appetite...
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