Post
Topic
Board Economics
Re: Investing money on bitcoin..!
by
Aztek
on 31/01/2018, 12:48:58 UTC
Nowadays many people are starting to invest money on bitcoin or the buy bitcoin..is this a good approach?
How this will influence us in future?
Investing money on bitcoin is good idea but don't put all your money into it. Because no one can tell that bitcoin is a long term investment. So you can invest some not all and you can invest that you can afford to lose.  Thats why i don't like to invite to invest in bitcoin because i don't know what happen next in the future.
Why not? If you can afford to buy it, and hold until it rise up. Even if you are not really sure about how long would you wait to gain a desirable profit, it is still a good move if you will backtrack the value of bitcoin from day one. But, still consider the risk and invest only the amount you can afford to loose, or will still allow you to bounce back if anything negative happens, and will not jeopardized your financial security in case of unexpected breakdown.