Post
Topic
Board Economics
Re: Bitcoin or gold?
by
Xester
on 09/02/2017, 07:58:07 UTC
if one million dollar only buy bitcoin is danger investment

If you have 1 million follar, you could purchase around 900 btc or more with the current price and could you imagine what you can do after that? You can go back selling it because by purchasing 900+ btc you are already pushing its price up therefore that means you are already getting profit from the speculation that you have done

That is a brilliant opinion, I have never thought of that. In actual situation if we purchase a large volume of bitcoin then that after buying bitcoins the price will suddenly go up and we actually have profited in just minutes after we purchase bitcoin. Bitcoin is really an amazing coin since since 2009 it just go up and up until it reach $1000 dollars this year.