Post
Topic
Board Bitcoin Discussion
Re: High risk results to high rewards
by
lelilulu
on 12/08/2018, 12:59:18 UTC
https://www.livebitcoinnews.com/4-in-10-americans-will-never-invest-in-bitcoin-says-latest-crypto-study/

I've known some few friends who are into forex and stock investments. When they've learned that I engage myself into crypto trading and investments they discouraged me due to bitcoin's price volatility and unpredictable fluctuations. All I can say to them is that I only invest an amount that I can surely afford to lose and taking huge risks will definitely compensate you good returns as well. I bumped into this article saying that 4 in 10 Americans will never invest in bitcoin, which is somewhat realistic but still history can really tell that bitcoin has changed lots of millennials who took the risk and profited when bitcoin value skyrocketed to almost $20k last year.

So with this article it shows that there is still high percentage of Americans that is willing to take risks to invest in bitcoin just to make some good profit in the near future. What are your thoughts regarding this one? Share me your thoughts.
In my personal opinion, there is no harm in investing in bitcoin, as long as you are able to survive and give up the money that you have invested it will decrease its value or it could also disappear without leaving anything. What I think about them, Americans, if they really doubt bitcoin but do not want to lose the opportunity to make a profit, they just leave a little money to buy bitcoin right? I think everyone who is not sure about bitcoin but is able to buy it will do the same thing.