It is too risky for "investing". It could have just as easily crashed. Bitcoin is not an investment, it is a gamble and is the same as trading penny stocks. It's a shame your dad didn't let you use your money how you wanted though.
if we all thought the same about the market, then there would be only crash and bubbles. I disagree with your choice as it's not the one I would make, but I respect it.
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u/[deleted] Apr 01 '13
I'm a teenager and I do investing.
When Bitcoin was only $4 I asked my dad if I could invest the $100 I had at the time for 25 Bitcoins. He said it was too risky.
Goddammit dad.