Post
Topic
Board Bitcoin Discussion
Re: why are you afraid of buying bitcoin?
by
evanescence
on 04/01/2019, 21:28:41 UTC
Is one of those who is afraid of buying during the crypto crisis on the market or you are someone who is willing to take risks and believe that this crisis is an opportunity to make big profits.

If someone is afraid to take risks in any business or business then you cannot do it. Even though the price of bitcoin is low now I see it as an opportunity to invest in it because we have seen a similar crisis in previous years but in the end it was very noble. I really believe it won't collapse but will soon experience an upward trend.
What do you think on the market today.
It's not about being afraid of taking risks, it's about being reluctant to take stupid risks.
Bitcoin for the first time in history is not the most functional cryptocurrency and it has just lived through its biggest bubble in history, only because of ICO-s made on a competing platform (Ethereum).
And even if a bull market comes, bulls tend to make altcoins moon more than BTC. Why would anyone even buy it at this point?
P.S. I do own BTC, but for a newcomer there might be better strategies