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You're pretty much right in so far as you should it invest what you can afford to lose and $4k dollars is more than most people can afford to lose.
I wasn't intending this as being investment advice so much as getting the conversation going. Like it or not, these investment markets will be bigger in the future. Relative stability will be part of this scene one day and people get fuck all in savings accounts.
The numbers don't lie. Several blockchain projects have offered significant growth for three years now and show no sign of stopping. We're not far away from a decade of bitcoin price rises.
About half of my recent consultancy work has been on behalf of banks researching cryptocurrency technology and investments.
This is like the internet in the mid 90s. One way or another it's the future even if it is hugely flawed now.
Like bit coins some people might make a fortune.
But for most people unless you have surplus money in which to punt on a project.
I wouldn't go anywhere near it.
Especially as not long ago this thread was mainly about saving for a house deposit.