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Re: Why are you investing in Bitcoin?
by
jakelyson
on 21/07/2016, 09:11:09 UTC
Since the price of Bitcoin changes a lot, so I know most of you are investing large amounts of money in Bitcoin.
But why are you doing this? to make money by selling them after a price increase? or is it just to have something to do on the internet?
And since the price can increase and decrease, you can lose this invested money, what would you do?

In investment, it is already given that there is a chance that you can fail and lose your money. In stocks, the stock can be mismanaged and stock price will fall. In business, it may not pick up and you go bankrupt. The same with investing in bitcoin. You should be prepared if ever that happens and you should only invest a part of your money which you can afford to lose. Personally I am not investing in bitcoin. But I do earn it thru signature campaign. And the coins I earn I use in trading alt coins.