Post
Topic
Board Speculation
Re: Investments in the Stock Market now better than that of bitcoin
by
btc_angela
on 19/12/2018, 01:50:05 UTC

As at 16th December, 2017 a unit of bitcoin was worth an equivalent of $16,600.00 ( source Bloomberg 2018).

Some days later, Bitcoin’s price peaked to $19,511, before it began an epic slippery slope movement that would see the original crypto currency lose approximately 82 percent of it is value. As i write the value of bitcoin is averaging $4,000.

Various analysts have argued that the initial drastic rise in its price are due to several factors ranging from irrational optimism; aggregate market irrationality; cynical speculation, poorly informed investors among others.

In all honesty don't you think investing in stocks now makes better business sense than investing in bitcoin?

Well as long as you can hold on your stocks for so long then its a safe bet against crypto. But what makes crypto more rewarding in the end specially if you know what you're doing is its volatility. Others says its a disadvantage but if you know how to play around with its fragile and price swings, I would say that crypto is much better than stock by a long mile.