Post
Topic
Board Economics
Re: Investing money on bitcoin..!
by
royalfestus
on 07/03/2017, 19:57:28 UTC
Nowadays many people are starting to invest money on bitcoin or the buy bitcoin..is this a good approach?
How this will influence us in future?
Investing money on bitcoin is good idea but don't put all your money into it. Because no one can tell that bitcoin is a long term investment. So you can invest some not all and you can invest that you can afford to lose.  Thats why i don't like to invite to invest in bitcoin because i don't know what happen next in the future.
I agree with you, we do not know what will happen in the future to remain vigilant because anything can happen
It is discouraging to hear anything can happen. There should be a way to predict but so many factors just keep showing up. When we think we have gotten over a dump/pump, another upsetting news will come up. all these affect the volatility of the coin.