scam or not, the fact BTC is now at $60K is beyond insanity, but kudos to those that bought in early and made some good cash on it. Is it worth buying now? Probably not. The risk now is too high. you can make better money in the stock market. Unless you're Elon Musk and have a billion to put in and maybe double it in a year or two but you can do that with a lot of stocks. Just look at GME, a billion dollars into any stupid dead stock and some media hype can make you 10X your money overnight.
Huh? Its beyond insanity to stay in cash, which we know for CERTAIN is declining in value every second.
The sane person would be putting their fake fiat currency into a perfectly finite asset, decentralized and accessible globally.
How can you say the risk is "too high"? The risk is actually now far lower than at any point in Bitcoin's history, considering the global adoption, market cap, regulatory legitimization, tenure of BTC, institutional support etc.
As for the stock market, the problem is that the stocks, and their earnings, are measured in... money. Money, which as we know is declining in value over time. If a stock goes up 15%, but money supply is increased 25%, the stock as nominally risen 15%, but actually FALLEN in real terms by 10%.
You don't need a billion. But if possible you should aim to become a WholeCoiner whilst its still possible. They will be the true monetary elite in a decade from now, and almost unattainable by NoCoiners. Although occasionally we will hear of a top athlete who signs a massive deal who becomes a WholeCoiner, of someone who become one via a trust fund, or a lottery win. It's going to become rare though, and truly set this class of person apart from the other 99.99% of the population.
Still within reach. Act now, HODL. Even if you can only become a 1/10th of a WholeCoiner. DO IT NOW!