Post
Topic
Board Bitcoin Discussion
Re: Investment in Bitcoin
by
hazenyc
on 02/05/2021, 10:32:55 UTC
As the cryptocurrency industry becomes more and more prosperous, more and more people choose to invest in cryptocurrency.
So how to choose the correct investment bitcoin?
Maybe coin friends can share their experiences.
I think there is no point in investing in bitcoin for two reasons. It is not as volatile as other new projects. BTCtoo high already. You can allocate 5-10% of your deposit and invest in long term 3-5 years in Bitcoin. But, in my opinion, it is better to engage in new projects.

For you investments make only sense when they are highly volatile? Makes sense when you constantly seek to buy and sell back and forth, but otherwise you would rather want a coin with strong fundamentals that may not be as volatile but has good prospects for growth in the future.