I'm just curious. What if bitcoin and any other alts market fall and you invested all your money into this. Would you rather do Panic Selling? and How would you compensate all your losses?
I did this and am currently broke.
I used to play poker professionally, and I had 30-40 percent of my money sitting in Bitcoin since about 2011. In 2014 after the $1200 high, crash to $600, and settling around $800, I stopped playing poker almost entirely, dumped the rest of my money into Bitcoin, and spent the next few years on some personal pursuits, including learning to program so that I could contribute to Bitcoin-related projects. I ran the numbers and decided that as long as Bitcoin didn't go below $300 for more than a few months, I would be OK. I decided that was a reasonable risk to take. Then it went below $300 for most of 2015, and I was sad :-(
I'm now in my mid-30s, living in my parents' basement feeling an idiot, and going to grad school to get a master's in CS, because I don't know what else to do. I don't have enough money to play cards again, and I don't have any real work experience since I made my money playing poker during and after I got my bachelors, until I dumped it all in Bitcoin and everything went to hell.
10/10 would recommend.