ChrisHallquist comments on January Monthly Bragging Thread - Less Wrong

9 Post author: diegocaleiro 06 January 2014 09:44PM

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Comment author: ChrisHallquist 07 January 2014 06:45:33AM 2 points [-]

In November, when Bitcoin hit $900, sparking exciting Facebook discussion from rationalist friends, I wondered if I should buy some. Then I rehearsed the standard arguments against doing so and kept my money where it was. Because of this, I didn't lose any money when Bitcoin crashed in December, and finished the year about $1400 ahead on some very boring stock investments.

Comment author: FiftyTwo 07 January 2014 09:08:36PM 3 points [-]

Upvoted less for teh Bitcoin thing but for using a boring sensible option. Was it something like an index linked fund?

Comment author: RowanE 07 January 2014 10:01:34AM 4 points [-]

I don't know much about stock investing so I can't really compare, but it seems Bitcoin is currently at about $950, so unless you panicked and sold when the crash happened I think you'd have been fine.

Comment author: Tenoke 07 January 2014 09:54:18AM *  5 points [-]

Doesn't look like you would've been at a loss if you had bought*. Weird brag.

*current price is above $900