I can't see the rationale behind investing in Bitcoin or another cryptocurrency. I wish someone could shed some light here ?
There are factors like risk, reward, the full spectrum of probabilities of the price going up or down, and also the certainty one has in their information / assessment. Those would be crisp numbers. Is it that nobody can analyze the situation with numbers ? Even a rough analysis with assumptions and approximations would be interesting.
All I see is comments about what has happened with the price in the past X months or years, but this is irrelevant to what will happen in the future.
How is investing in Bitcoin different from gambling ? Is there a reason to believe the investment is worth while ?