Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
Pattart
on 05/03/2017, 12:24:16 UTC
To answer your question, I will tell you something that good to try.
Last year, my friend tell me he buy 3 btc when the price is worth $700. He said he just want to save his money in another place, not bank. So bitcoin is one of any choice to save money. But what happen now with the price? Now, bitcoin worth to $1200+ and his money is grow. It is same like investing money in the stock.
This is a very nice and colorful example of what is worth buying bitcoin, thereby investing in their future well-being. Only one question oppresses me all the time, how long bitcoin will rise in price? I would not like to lose. While I understand that investing is always a risk.
it was because at that time the price is still relatively small but this time the price is already very high certainly everyone will think buy many bitcoin at current prices including a very risky practice?

I think buying some bitcoins with a small number of fiat is not risky.
I think it's risky or not depends on to be willing to be patient or not if you do not want to be patient when investing in bitcoin. it invests in bitcoin will become a scourge for you because the price is very likely to go down.