Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is a new investment
by
Marvell1
on 06/09/2021, 03:51:16 UTC
Actually yes, I consider Bitcoin to be the best investment nowadays. It gives you much bigger incomes compared to bank deposits and investment in stocks because of its volatility.
Bitcoin is considered a best investment if you have enough time, knowledge, experience and accept the risks that the market poses. Because the volatility of bitcoin is very unpredictable. Bitcoin can go up or down 20%, even 50% in a short time, which is very shocking for fledgling investors.
What is more, you can have a high level of privacy, so that nobody knows that you have crypto. But when you invest in the stock market or other more traditional ones you always have to expose your identity.
Agree. When we invest in real estate or gold, stock. Most of us have to verify our identity, which is a bit annoying for investors.