Post
Topic
Board Trading Discussion
Re: did you place all your funds into bitcoin?
by
CowboyKiller
on 26/02/2018, 22:56:50 UTC
Risk is inherent to investment. Investing in bitcoin is highly speculative and the market is largely unregulated. And it is notoriously volatile but there is one strategy that you can use to manage the inevitable price fluctuations. Diversify your portfolio. You should not concentrate all your efforts and resources in one coin as you could lose everything. Consider some altcoins. Although you need to research the business model in detail for any coin or token you are considering and then carry out due diligence.
Actually Bitcoin does not create money to help us earning, it just helps us transfer money between traders, between noob trader and pro trader. Beside that, Bitcoin has more high risk, it can gives us more huge profits. As long as you can take advantage the opportunity of Bitcoin gives you, you will become the rich easier than any field.