Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
greBit
on 03/08/2015, 16:06:50 UTC
Hahaha its not impossible that the bitcoin price goes up, because we all know that the stability of the price is not stable and change in every hour.
Yeah actually I am same with you, hoping bitcoin price goes up someday atleast reach $500, but I cant see anything that can become a trigger to make its price goes up rapidly. With Greek crisis, its price went up just around $50.

Of course is a risk, Antonopoulous always says so himself, BTC is very high risk investment, but as should you know, if you play in the high risk leave, you play in the high rewards league (assuming big losses league are included, but things look good).
I prefer to do sport gambling then, which dont need long time to get the result. Its really very risky to make bitcoin as long term investment.

I would do the same. Investing bitcoin for a short term is an good idea. And that also in gambling its like just one day investment. You have results at the end of the day, you win or loose, its a matter of luck and also the risk involved in gambling. But if luck favors than that would be the best day, and with winning amount would buy some bitcoins when price goes down  Wink

But its too risky bro. You can't expect that you would win everytime, no doubt if you win you are the king, but if you loose, you loose everything in a single day. It is better to have better and safe investment which can give respectable amount of profits.

Why so negative about taking risks? If a person has money he doesn't mind gambling with, he should. I don't really believe in safe and secure investments anymore, our investments are a risk too, always. If we didn't take a risk, the only thing we would be investing in would be government bonds. Gambling is not bad always, once in a while its nice.
Yeah once in a while then after a few days or weeks you will be addicted  to gambling and until you won in that way you will do it again and again, and if you lose some of your money you will talk to your self like "i should back my money and if i failed again i never gamble".

The feelings you described are very human, everybody learns from their mistakes. Even though it would be much smart to learn from someone else's mistakes, but never mind. Gambling is as good as anything else, anything over which you have good control over. One must draw the lines and know what is right and what is wrong, all these things matter.