Post
Topic
Board Bitcoin Discussion
Re: should i move my ''saving'' to Bitcoin?
by
BTCevo
on 02/07/2015, 16:36:12 UTC
Every month I buy Bitcoin from %50 of my wage. I think it's the best saving method for long term. I don't do trade much, it's too risky for me.

Nope, trading is not risky as gambling or may be mining altcoin. I think trading is much fun to play it, because it has a lower risk than others and you can

get good  profit too from that so start on taking this as one of your income besides signature campaign or even faucet

The risk isn't lower, you're just lowering the possible gains and loses.
Say you have $1000 and the same in Bitcoin and you gamble with one and trade with the other. Playing in a casino may get you broke in a couple minutes, but you can also double the money if you're lucky. If you're a bad trader you'll need days or even weeks to go broke, but it will also take days, weeks or even months to double the investment.

Nope, lowering possible gains and loses in trading? I dont think that is a really good idea because there is no way that you will lose in bitcoin trading, it is fast or slow that you will get your profit so the risk will be minimalize from doing trading. Besides gambling is far to fast to drop your bitcoin, and I guess with today win you really need luck and do you think tomorrow you will have this kind of luck? In the end people will lose it in gambling because we never win the house, except you stop and wwithdraw it when you are winning some

In Bitcoin trading you think you aren't losing because the price is so volatile that it's almost guaranteed to go up or down after a small rise and a small dip, but that only works so far. Sooner or later you will fuck it up and lose a lot of money by not being in in a big rise or by being in during a big crash.

Of course that I aim for a high selling but care for big crash, thats why Im saying that bitcoin trading is much safer rather than anything out there because you can really control it no matter what. Lets say suddenly the price going up I will follow the trend and going to buy and before its is going to be dumped I take some precaution to change it back to my currency rather than losing it all so its safe