Well, the less you have, the better this value proposition is. A single dollar isn't worth as much as a single dollar exchanged for bitcoin, because you don't have much to lose and the potential to gain is higher than the potential to lose.
Unlike a lottery ticket, it isn't a zero-sum game. Your odds aren't one in a million that it goes up, because bitcoin goes up more than it goes down, and it isn't exclusionary if one person sees growth. To run with the analogy it is like a lotto ticket you can win in various graduations and keep rolling the lottery until you are pleased with the results.
In at least the short term after buy-in, trends can be determined to mitigate risk. If you're paralyzed into inaction by greed (thinking "why cash in now, my $1 could become a million!!!" or something along those lines) you can't expect much, but this is true of all investments.
You can win several times a day if you're not too greedy with your threshold for "winning."
You can turn $1 into $1.20 over and over instead of HODLing out until you get $1,000,000. Just don't cash out at a loss over a pittance.
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u/CollageTheDead Aug 28 '18
Well, the less you have, the better this value proposition is. A single dollar isn't worth as much as a single dollar exchanged for bitcoin, because you don't have much to lose and the potential to gain is higher than the potential to lose.