Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
numismatist
on 05/03/2017, 15:43:33 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 $1200+ and his money is grow. It is same like investing money in the stock.
This is a very nice and colorful example of what is worth buying bitcoin, thereby investing in their future well-being. Only one question oppresses me all the time, how long bitcoin will rise in price? I would not like to lose. While I understand that investing is always a risk.
The colors can appear slightly faded if another one comes around telling you he'd bought some for <200$ in the valley between these $700.
Because that makes you think if 200 had been possible once, why not another time again?