Post
Topic
Board Gambling
Re: Investing your bitcoins with no risk to ever deteriorating exchange rate?
by
EvilPanda
on 16/04/2015, 12:41:25 UTC
Bitcoin is probably already in the lows. If it rises to $1000000 all the investors will lose out, right?
If they choose the safe option then yes. That's what it's meant to do, switch your funds to USD as you're waiting for a reversal.
It's basically allows you to freeze your investment. A jump like that won't happen overnight, so you'll have enough time to get back in.