Quote from: Aamir1 on July 23, 2016, 12:35:05 PM

Quote from: goldcoinminer on July 23, 2016, 08:19:31 AM

Quote from: doggieTattoo on March 27, 2015, 02:30:34 AM

Quote from: Amph on March 26, 2015, 12:45:23 PM

better to invest in bitcoin, gold maybe more secure, but bitcoin has more potential to grow

saving money in the bank, will only mean losing them in the long-term with the current high inflation

I would think bitcoin operates under the same guise, if you look recently into bitcoin it gained fame becausse of how expensive it was (Like over 1000$) but now it has tanked way below that, because of the overabundance, and therefore a type of inflation. I would think investing in something more physical would be worthwhile, instead of money type things. Like a house, it may dip a lot but it will always come back up, you just have to be patient.

Well, that is your decision and anyway we are taking the risk, I believe that any investment after any crisis are more stronger, just like what happen to bitcoin , we fall when the price reach $1,000 but now we are slowly going back the previously peak amount and fall back will not happen anymore.

Investing in bitcoin would not be a bad option actually as the price is increasing right now so if someone invest his money in bitcoin for saving them in future he might get it doubled after sometime when the price goes higher.

if you are holding your coins long enough, then you'll surely get to see your coins double in value. however, not many people have enough patience and dedication to keep holding for that long. it's easy to say 'i will hold my coins till $1000 or $2000 before selling them', but the majority of the people will sell their coins as soon as they see they have made around 20-30% of profit. a very tiny percentage of the holders will find themself doubling their money due to holding. only the real holders can.