The Risk is to the Upside...
Buying bitcoin at $60k was risk to the downside, buying at $16k is just the opposite...
Buying bitcoin isn't always risky...
In fact, if we look at history risk can be mitigated rather easily by simply buying when the RSI indicator is oversold.
Check it out:
(Source: https://twitter.com/StockmoneyL/status/1597639216691019777/photo/1)
Happening one time would be a fluke, two times would be coincidence, but 3 times in a row now?!
We are now 3 for 3 and that is looking like a trend to me...
This time may be different but it's most likely not.
Buying here and looking out over the next couple years the risk is likely to the upside.
Upvoted! Thank you for supporting witness @jswit.
Right now is a very good time to invest in bitcoin. I personally think it will go up in the future...but as of now bitcoin is highly oversold...I guess only time will tell.