Post
Topic
Board Trading Discussion
Re: did you put all your money into bitcoin?
by
Zalfrin
on 13/11/2016, 00:47:59 UTC
I use to put half of my income into Bitcoins.I save small earnings which i get from signature campaign and invest them in trading.In future, i have plan of investing more in Bitcoins.
I already put my half in bitcoins because I have plan to do some long term work with this as currently its best option for me without my full time job after putting half i am feeling good as its going good for me in start

What exactly do you mean with doing long term work with Bitcoin? Are you going to use your coins for trading purposes, or are you looking to invest them into something? Other than that, investing in Bitcoin may seem like an easy thing as the price has gone up considerably this year, but that doesn't mean you're guaranteed any more increases. You either have to keep holding for the very long term, or you have to put your coins to work with trading. And everything comes with a risk.
Exactly even holding doesn't promises profits as anything is possible with the price of bitcoins in future, it can fall down dramatically and in that case your holding will go in vain, and you can make good profits from holding only if you have huge volume of coins or else its better to use them in trading to grow them in long term.