Do we need to change our auto response about coins as an investment?
There are 100 threads that say dont buy coins as an investment because the s & p 500 always out performs coins (the 500 index is always used as opposed to individual stocks like sears, enron, athome, kodak or even indexes like the dow, etc---awww the joy of giving advice in hindsight). Yes they say that you can make money on your coins but would do far better with the index. Do we need a new thread that says never buy the s & p 500 (except as a hobby) because bitcoin always out performs the index? The new thread would say something like Yes you can make money on the index but you would have made far more on bitcoin.
This is tounge and cheek but shows the danger of using hindsight as proving a point. And it is a fact that someone buying bitcoin 5 years ago would crush the s & p 500.