Post
Topic
Board Economics
Re: The dream of getting rich with bitcoins
by
Sithara007
on 26/03/2017, 14:45:30 UTC
Due to the fact that price of bitcoin is not very stable, trade for this currency is quite risky. You need to have a large margin, and this is problematic in our time. Now bitcoin is at the stage of falling and therefore to get rich will not work.

I think that the situation now is much better than the one we had a few years back. In 2014 and 2015, the exchange rates were swinging by as much as 15% to 20% in a single day. Now the maximum 24-hour swing is 5%. This is an encouraging sign.