Post
Topic
Board Economics
Re: Why is cryptocurrency bullish in the long-term
by
TheGreatPython
on 10/07/2021, 16:42:02 UTC
Buffett said, never depend on single income,make investment to create a second source.
Investment is very important, and now more and more young people like to invest in cryptocurrency. Why are they so optimistic about the crypto market and how do they analyze and profit from it?
If you’re going to be looking at Bitcoin as a source of income that you can steady rely on, then you’re making a mistake. Bitcoin is like my third source of income lol, and I don’t rely much on it because I understand the risks, and this is how everyone should see it. Bitcoin is not steady in bringing profit, and it is not a source that you can rely on to make income like on monthly, weekly, or daily, because you’re not sure what would be the outcome. Unless you’re trader, but even as a trader you stand a risks of losing your money when you’re trading Bitcoin.