Post
Topic
Board Economics
Re: Investing Bitcoins?
by
Capradina
on 08/09/2016, 13:20:12 UTC
The best thing you can do is investing into the bitcoin because allot of speculatings about that the price will be very high in the future can be true so why dont we all use bitcoins or just invest something.

If you have a good capital then you can buy bitcoins at this stage as price is not too high but if you are planning to invest bitcoin somewhere then it can be very risky.

Bitcoin investment  is always risky. there's no area where investing bitcoin is 100%safe. but if you have skills and knowledge about altcoin trading, you can earn huge fastly.But. there's also need a bit of luck and also it's little risky.

The bitcoin investment is risky. So I just buy when there is price dip. I bought some when the price was around $570. I have made some profits.
so the bitcoin's volatile characteristic that you say it's risky just give you some profits,so you're indirectly saying that bitcoin's volatility sometime gives a benefits to the bitcoin holder as long you're buying and selling in the right time,that does make sense,even making profit by trading bitcoin will took longer and lesser profit than trading an altcoin

At this stage I will prefer to invest in trading altcoins instead of trading bitcoins, as in bitcoin it may take longer to get profits but its very fast with altcoins, risk is madatory in both of them.

Investing on the bitcoin itself is also good though, as you can see the price of bitcoin is raising right now and for me, it's really a good time to invest your money into bitcoin.

You can feel the profits in bitcoin only if you invest huge capital as price is $625 now so if you buy one or two btc then you will not get that high profits which is possible with altcoins.
no i think two bitcoin is enough to get a nice profit, it's depend when the time they buy bitcoin. for example yesterday the price of bitcoin still stay at $600 and now has touch $625.

Regardless of whether we have in the bitcoin will surely benefit. so if we want to get the big advantage then we should have an equal number of bitcoin magnitude. You don't have to worry about the growth of the bitcoin, because I see that bitcoin will be one currency or a place that could give us a tremendous advantage