Post
Topic
Board Economics
Re: Is bitcoin a good way to invest your money ?
by
choppork
on 31/12/2017, 14:49:17 UTC
I feel like people have learned in the past to never take any risks and to only play safe but life is all about playing safe. People think that doing a time deposit in the bank is a good investment. It is indeed a good investment if you have some money in you and you don't want to just spend it on nonsense.

So is bitcoin a good way to invest your money in. First thing, a lot of companies, especially the ones that you are going to start personally, are going to take a long time before you can make actual profit from it. I think one of the things people are obsessed about in bitcoin is the fact that you can earn from it right away. Like, the market is so volatile that you can literally make profit tomorrow. (but just because that's possible doesn't mean that's what going to happen). It is a good way to invest your money because it doesn't take that much time to get results. I know some would say why not just gamble your money then since you want instant results. It's because bitcoin is a lot less risky than rigged gambling websites.