Quote from: danherbias07 on February 09, 2017, 08:11:42 AM

Quote from: shulio on February 09, 2017, 06:30:33 AM

Quote from: cakravothy on February 09, 2017, 05:57:52 AM

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

Yeah but that is a hard risk. It is kind of scary also but you are right, it will really go up but I dont think it is not that much for a 900 btc. One more problem is the buying price is a lot higher than the selling price so you would still need to go way beyond that line before you could feel the profit.
And this is not how investment work. That is just too much for a million dollars.

That's right. The dish is huge, because of when you have bitcoins it's not your bitcoins. In that sense that you can't put it under your pillow for safe or in a bank. Especially when you hold your coins on some exchanger. It's bitcoins of the exchanger, not yours. And one moment the exchanger can decide to get closed itself and say you goodbye. And you will have to say goodbye to your bitcoins.