Post
Topic
Board Economics
Re: Chandler Guo : "Bitcoin could reach 1 million dollar"
by
Pangia
on 12/04/2017, 18:40:23 UTC
I think that would be a wise idea to buy bitcoin even now with a current price of 1200$ for 1 coin. Better to change people mind about the whole idea of bitcoin and try to explain how it work and how you can buy a bitcoin via atm machines or some other ways

I like your spirit, but it is a bit risky, bitcoin still in development there will be a chance that bitcoin failed and you will lose your money, if you got an extra money to invest then bitcoin is the right platform, but putting your whole wealth and hoping it become 1 million dollar per bitcoin, still so far away
Yes, you are totally right. Better to invest some small % of your income to bitcoin. It would be too risky to spend all of your money on that. People need to know that bitcoin it's only a thing that you can earn something from it, to be crazy with it it's maybe not a wise idea at al

If you are investing all your money only in bitcoins then you are putting your money and your life at big risk as you never know what will be the price of bitcoins in future and whether it will be alive or not and if it dies or disappears then it will make you bankrupt in no time.