Post
Topic
Board Bitcoin Discussion
Re: Bitcoins Investment: risk or benefit?
by
xSkylarx
on 18/03/2017, 08:37:11 UTC
-Benefits is you may use that bitcoin to invest in other Bitcoin services and invest bitcoin is safe,profit good
-Risk is that Bitcoin collapses and if countries and government accept Bitcoin, Bitcoin will have tax, your computer can be hacked
What’s your opinion?

No investment is safe, especially with Bitcoin. The price is very unstable, so it can go down at any time and your investment will be over. When investing in anything, you need to assume some risks. There is a benefit only if the price keeps growing, like it did in the last few weeks, but do we know when it's going to stop growing? We don't. The scenarios of countries accepting Bitcoin is unlikely, at least at this moment, except if they want to experiment some kind of a test on us.

It is true that the price is unstable, but you could never lose profit if you are going to invest in bitcoin, why? It is because the price is unstable, the possibility of its price to go higher is more than the possibility that its price won't go up anymore. So, anytime would be a great opportunity to invest in bitcoin, but it is more better if you are going to invest in bticoin as soon as possible, for you to have more profit.