Quote Originally Posted by grand1001 View Post
Bitcoin is volatile. From everything I read though, it is only going "up".

I first put some money in on January 29th of this year. It was at $33,817.51 at the time of my first investment.
I have made several since them. My last purchase was at $64,073.99. So in less than 3 months, it almost doubled. By April 29th, it wouldn't surprise me if it has doubled since the date of my initial purchase.
It is trading at $50k right now, so it is not only going up. Your first statement is accurate; it is volatile and you need to be prepared for losses. Or gains...it is up 2% in a day.