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Re: Bitcoin is a good investment now, because...
by
Finestream
on 20/05/2017, 13:02:42 UTC
Price is too high at a moment but its still an good investment to make as in future we will see much higher price of bitcoins so if we can manage to invest good amount of money in it then in future it will give us best profits on our investments.
yes to me  i think long term investment may be more profitable as compare to short term investment, we can see that the price almost going to touch 2000 USD level so psychologically the price is trading so high, although the price of bitcoin has still good potential to increase, but the market can take some correction, therefore  to me long term investment will be more good and more safe a compare to short term investment.
Well actually they are both profitable, your approach will always depend on how you manage your time but we are one in goal which is to make money.
By holding only it is proven that it is profitable and it does not require much of your time since the strategy is very simple, you just hold it and have patience and you will see you are growing the value of your bitcoins already. This year was really rewarding because we have doubled the price already even in a short period of time, more to come so still hold.