Post
Topic
Board Bitcoin Discussion
Re: bitcoin is a hard investment for the working class
by
TravelMug
on 27/03/2018, 21:13:55 UTC
if you had invest in bitcoin, would you follow the price every couple hours? if you had a job you would be more focus on your job than whats on the screen of your phone. you would be fired from your job? maybe. investing in bitcoin is hard on you everyday at every time. it can fall down to 1000$ in 2 hours if you dont pay attention to it. if you wanted to sell before that big dip but you cant because you are at work. invest what you can afford to lose. investing in bitcoin for a person working an 8 hour job is something else. i think thats why the price havent risen lately because people are more worried about their job than investing in a volatile market.

If you are a working class, I'm sure that you are not dumb enough to just throw your money in the market and not just FOMO. Yes, you are correct, if can make swings in a few minutes and it can go down in a blink of an eye.

If you can't on time, they why sell at all? Just wait for the perfect time to sell, (usually during massive bullrun) and just concentrate in your daily jobs.