Post
Topic
Board Economics
Re: Why Bitcoin is not that good as currency?
by
deisik
on 18/01/2020, 08:40:06 UTC
Honestly speaking if you are just gonna trade you wouldnt be rich because of the volatility of bitcoin. Look I am not against in cryptocurrency but this is not a permanent job as a trader most especially if you have a family to woek for and a kids to support. You're still need to find a permanent job even if its not a long but at least you have a fixed salary because here the price of the bitcoin is volatile sometimes it rises but most of the time it decreases.

I somewhat disagree with this view

Crypto has been sticking around for how long, like 10 years? Indeed, the first few years it was mostly about Bitcoin only, and rather more like a toy than a real deal. But the point is, it is not going away any time soon, so why not make it a major source of income if you can? People are making a living out of all possible sorts of activities (like youtubing, cam whoring, or whatever), so how is cryptocurrency different in this regard, and how less permanent is it? Simply put, "fixed salaries" are greatly exaggerated