Post
Topic
Board Bitcoin Discussion
Re: Invest into Bitcoin or bank
by
f150
on 23/07/2018, 05:59:04 UTC
I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?
if for better security money you keep it in the bank, but your money will not increase (stable).But if you invest in Bitcoin, you must be prepared to face the risks that will occur.Because Bitcoin is unstable up and down.if it goes up you will get a big profit if it is sold, if it goes down better resistant hold.but if you are unsure of your decision, you should keep half your money in the bank and partly you invest in Bitcoin.that's my advice