Post
Topic
Board Economics
Re: Why Should I Choose Bitcoin ??
by
Westinhome
on 18/09/2017, 21:53:16 UTC
You should choose it if you have noticed a lot of people became rich of bitcoin. Why should you not ? You just have to invest in bitcoin and make profit from it.

You can also be anonymous so the government can't see how much bitcoins you have.

We choose bitcoins because some people said that they have many people are now rich by doing only bitcoin so that i just try to bitcoin but in that day i just came up that i earn but not big enough. And thats true bitcoin it is anonymous so the government they cant track in how many bitcoin that we hold.
But it still does not separate Bitcoin from other ways of being rich, and based from experience Bitcoin is too dangerous to be hold in long term because of its volatility, that it is too unstable to be called an investment as mostly what you can do with it is called trading. People tend to say that you can be rich with Bitcoin but the truth is you need to be rich in order to gain more profit, what I mean is that you can profit from it with what you have but if you don't have a significant amount you won't be rich with ti.

Thats true so thats why some of my bitcoin ill trade on it altcoins because i know i can get some profit for trading on them, and also i just cashout some them because i dont want to hold a too many bitcoin as of now we need to be secure some of our bitcoin.