Post
Topic
Board Bitcoin Discussion
Re: Serious question about Bitcoin. Is it a reliable and stable investment?
by
isamu
on 08/07/2019, 15:47:52 UTC
Much appreciate the replies guys. Will certainly take all your suggestions into consideration. I myself own a small amount (about half a coin) and am quite comfortable with my investment. But like you guys said, it is risky. Upon further thought, I'd say at the moment I don't think it would be a good idea to suggest to them to invest in it, despite my personal beliefs that BTC will rise in value over the long term. 100K is a lot of money and like one poster stated, I don't think I could handle the burden of having their savings wiped out should BTC collapse for some unknown reason.

I think it would be wiser to, per avikz's suggestion....invest the funds into a Portfolio Management Service. I'll have them look into that direction instead. Meanwhile I'll continue to HODL my 0.5 BTC and hope for the best Smiley