Post
Topic
Board Economics
Re: Where can i invest my money?
by
marketone
on 22/02/2017, 06:57:00 UTC
It is simple that you should spend your money on bitcoins. Nowdays bitcoin trading is increasing and gaining much more profits. If you have money without any doubt invest it on bitcoins it will certainly increase your money...

Its good to invest some part of your money in bitcoins but not all of them as if you invest all your money in bitcoins and if price drops in future then it will be huge loss for you so invest in bitcoin that you can afford to loose and when it comes to investment its always good to diversify them.
Saying it directly like what you have said might be not good for the part of the investor. Having a buy recommendation right now (1060$) is not a good idea because the buyer won't have a margin of safety if it falls back down to 700$ or even worse back to 500$. I hope you always suggest that all investments have risk, even Bitcoin has a greater risk because of its volatility you don't know when a panic selling might occur again.

We have witnessed in the past that when price starts falling people gets panic and sell their coins at the lower price but now things have changed and I don't think people will get panic even if price drops as they are well aware that bitcoin can bounce back pretty soon.

It is because they start anlysing about bitcoin market. Now they are familiar about market how bitcoin trading works. Bitcoin is long term investment where you can make more money with patience, out of all other investment, investing into bitcoin is the best option.