Quote from: cintamoni on October 02, 2018, 11:40:08 AM

Quote from: CodyAlfaridzi on September 29, 2018, 03:53:00 PM

Quote from: shulio on September 27, 2018, 11:59:15 AM

Well, in the bull market, I suggest everyone around me to maximize their investment by borrowing or by taking loan from bank. But it is not a good time to invest in crypto currency now. If you invest now with borrowed money, you will lose more than money. The time will come.

This is a dangerous advice. You shouldn't suggest anyone to invest in anything using borrowed money. That's just against investing 101. No matter what the trend is, invest only with spare money.

Talking about the time, I think the opposite is the better one. Investing during a bull run is pump chasing and it puts yourself in a risk of buying at the top. You don't know whether the bull market will continue. Meanwhile, buying during the bear market is buying "cheap" coins. By ladder buying during the bear trend, you will get significantly lower average buying price, likely close to the bottom, and that translate to huge profit once the market is turning to bullish.

Investing in bitcoin is highly risky mostly bitcoin scared us by decreasing its price its the first of increasing.Mostly people think bitcoin is down lets before it getting late but they're thinking wrong.

Every investment that you make has an inherent risk but the risk can be controlled a long as you take the right precautions, for example a good idea could be to only invest in the market of cryptocurrencies a very small amount of your portfolio, like 5%, this is going to limit your profits but at the same time it is going to protect you if something goes wrong.