Post
Topic
Board Economics
Re: bitcoin investing
by
tricker01
on 28/01/2018, 20:49:46 UTC
so, what id like to do is invest bitcoins to a stock or mutual fund account, but am not sure the best way to go about it. any tips/advice?

I don't think there are any bitcoin mutual funds, yet.
Buy and hold strategy with respect to Bitcoin is more popular, than investing it.
Yeah thats right its better to buy and hold until the price of bitcoin become high and you can sell it. Its better than to invest because in investing you have a chance to loss your coins but in buy and hold you can assure that your coins will not be loss.
Definitely true, its better if you always saw your bitcoin in your trusted wallet rather than investing in it some mutual fund that you are nit sure if it is not a scam. You better buy a lot of bitcoin when the prive of it are dump , and hold it till it increases again. Then sure you will have a better profit by then. And its more safe because you personally are the one who handle it.