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I apologise for the somewhat demanding title, I had to make you click it somehow. However, the sentiment of the post doesn’t sit too far from the heading. You should probably stop buying it.

Bitcoin is extremely volatile.Whenever it goes down, a lot of traders in the Bitcoin community are crying out “HOLD, LET’S ROCKET TO THE MOON”. Whenever it climbs, the same traders cash out — protecting their profits by being loud-mouthed.

Can you tell me what the last thing you heard about Bitcoin was? I can guarantee it was either a friend bragging at how much they made from a technology they have no idea about or an article telling you how fast Bitcoin is exploding. Bitcoin is useless. I feel like it’s VHS vs. Betamax where the inferior product just has more interest.

It’s easy to call me jealous or suggest that I’ve made a loss on Bitcoin. You’d be correct, I am jealous and I regret not buying in much earlier, any sane person would. However, this does not affect my observations on Bitcoin — I’ve been studying crypto-currencies for a while now.