Post
Topic
Board Altcoin Discussion
Topic OP
Cryptocurrenices not a good investment?
by
Jamzymc
on 16/06/2017, 12:46:27 UTC
Lots of people are saying that cryptocurrenices aren't a good investment because just hoarding the coins over time they will lose their value. I disagree. Not everyone is going to be hoarding for a start. If the currency has great features, potential and relatively cheap say 2 cents a coin just starting. In 3 years time it that coin became worth say 3 dollars and you decided to sell, you have made 150x what you invested. Am I missing the point here? Maybe there not good investments in the traditional sense More gambles. But still a gamble like that would of paid off so maybe it's not such a bad idea taking somewhat of a punt.