Bitcoin has a volatile history.
If you bought Bitcoin $13, you still could have lost money and lots of it.
Bitcoin has a unique property about it. Eliminate the top 10 up days each year and the leading cryptocurrency ends up in the red. That does not mean that it is losing money, holders end up year over year for the most part.
Tom Lee did a report about the ex 10 day of Bitcoin. He claims that if someone is that good at market timing good for him.
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Yeah.... I have lost a ton of money on Cannabis stocks.... some that are up close to 2,000% over the past 3 years. ... if you buy high and then FUD sets and it drops 50 % in a few weeks you can lose everything. It’s harder than it seems to just HODL when you see your principal investment disappearing so quickly.