Post
Topic
Board Trading Discussion
Re: You better invest in Bitcoin now not later and here's why (bullish signs)
by
Fedrey
on 14/03/2019, 18:40:26 UTC
I think you should stop using the word "invest", and state that it is speculation. Investing in crypto is the purchase of domain names and site building, or the starting of crypto projects. Just buying coins is speculation.
Well its okay I think. The common perception is that we invest in cryptocurrency because they think of it as any other business and not a very different business so regardless of the terminologies, whether it is speculation or investment, what maters the most is the money you make in the business. And right now so many people are speculating the arrival of Bull Run and putting money in the market for future profits.
Well, that is right. They think that it is an investment because they can earn in a shorter time or whether in longer time holding.
Putting money in cryptocurrency as you've purchased you can really expect to gain a profit and speculate when it is come just like waiting for a bull run or waiting a right time is the best option here. However, there is always risk right there but if you know how to handle this you can definitely be passed the struggles in the market like bear happen.
Nevertheless, our opinion is influenced by quite a few factors. First of all, the thesis that says that Bitcoin influences all the best state of the cryptocurrency market is always remembered. But, if we take into account the figures for 2016, it was much easier for investors to make their investments, especially since the informational propaganda in support of cryptocurrency was much higher than it is today. Nevertheless, I believe that the current period is very profitable for investment before the next bull jump.