Post
Topic
Board Economics
Re: Is bitcoin a good way to invest your money ?
by
Authorize
on 29/08/2017, 10:06:04 UTC
Did those who said this show you as well any kind of proof that it will rise so much in future?

If you buy today for $4,000 and it will rise to $8,000 one day (what no one knows), then your profit is 100%.

But if you invest in a lower priced cryptocurrency for $200 and it will rise to $800, then your profit is 400%!

Very true, but the risk is also higher with lower priced cryptocurrencies.

Bitcoin is unlikely to fall heavily right now, while the smaller ones are contently going up and down.