Post
Topic
Board Bitcoin Discussion
Re: Invest for Bitcoin
by
Bitfling
on 23/09/2018, 01:23:54 UTC
In the cryptocurrency market, there are two types of crypto. It's Bitcoin and shitcoin. All crypto are in motion and are dominated by bitcoins. The future of bitcoin is unpredictable, you should not trust any shitcoin, including ETH. I believe Bitcoin is a bubble, but
- "Just because a market is in a bubble does not mean it's going to die." Bitcoin has been through over half a dozen big bubbles and increased in price after each one "
If you are a long-term investor, the best way to minimize risk is to invest in bitcoin. As for shitcoin, you should only invest in short term
- "You can make money trading the momentum and hype in shitcoins, just do not invest long term"

I dont think bitcoin is a buble. If you saw on history chart, bitcoin price always rise for 9 years. If bitcoin a buble, i am believe it will not survive not more than 5 years. But i do agree that the safest investment in cryptomarket is bitcoin