Post
Topic
Board Trading Discussion
Re: did you place all your funds into bitcoin?
by
Sled
on 13/04/2017, 00:34:42 UTC
The money I'm investing in bitcoin are just spare amount of what's left of my paycheck. I have to set a side money for my emergency funds and of course for my daily needs. And I don't think it will be a good idea putting everything you have in bitcoin since the value of BTC constantly changes from time to time.

That's correct its always good to put little money in bitcoins that we can afford to loose as we are not sure what bitcoin will show us in future so its better not to put all money in bitcoins as if bitcoin fails then it will take away all our investment.
In fact, it has been commonplace in our society the rest of his money
invested for future, and they still believe in gold than bitcoin. I also do like that,
I am investing some of my money into gold and a few more into Bitcoin.
So it means that the gold is still better than bitcoin in the longer run than the bitcoin. Gold is a legit one of the best investment because of it is going to be a rare piece of item and a lot of people are saving gold now because they know that someday it will become expensive. Just like in bitcoin, we are collecting because we believe that it will become expensive also but to be safe and to get the most profit as much as possible so it is best to invest in both.
Of course, for now, invest in gold is better than invest in Bitcoin, it's because,
gold is can be used as the jewelry which can make the women are interested. In contrast to
the Bitcoin has immaterial. But I think, someday bitcoin will be the best investment than gold.

Even right now bitcoin is a good investment then gold as with bitcoin you will make quick profits which is not possible with gold as to make profits from gold you need  to hold it for a really long term.
Yes that is right, in gold you need to hold it for long term to be able to get profits while bitcoin can give you chance or opportunity to earn profits in just a short period of time which is what of the most people wants in their investment, but as what i said, it is best to invest in both so you can diversify your money and you can balance the long term and short term which is kinda safe rather than sticking to just one investment.