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Message: <blockquote data-quote="El Correcto" data-source="post: 4736848" data-attributes="member: 60631">It’s so volatile though.Long term minded investors that throw 1% of their portfolio in it thinking it’s a neat idea or purely just speculative sure. They won’t be sweating it at all.But it just looks like a giant bubble machine to me that’s growth is fueled by short term pump and dump investing schemes and the faith that they will happen again and this time you will profit. Maybe thats the true faith backing bitcoin and what has caused it, to even at its lowest point during covid $5,000ish, continue appreciating even it’s bottom swings supported by long term investors attracted to its notoriety and people who have faith in blockchain as an idea for currency.</blockquote>