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Ander comments on Why you should consider buying Bitcoin right now (Jan 2015) if you have high risk tolerance - Less Wrong
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Agreed, and I've also been dollar cost averaging it. From the 400s on down.
The risk is that the previous bubble was the last one and it never recovers. The upside is that the previous bubble was another in the string of booms that must occur in something that is growing exponentially from 0.