Post
Topic
Board Economics
Re: Is Bitcoin a good investment?
by
LogitechMouse
on 19/03/2023, 15:52:11 UTC
I think The value of Bitcoin is highly volatile, and its price can fluctuate significantly in a short period of time. This makes it a risky investment, and some experts warn that the cryptocurrency may be in a speculative bubble.
Bitcoin being volatile makes an average investor to be a millionaire. Bitcoin being volatile makes investors like you and me more profit than investing into other assets like the stock market. Bitcoin being volatile makes people lose more money yes, but on the other hand, Bitcoin being volatile is a good thing as long as you know when to enter and when to exit if needed.

Bitcoin being a risky investment is true, but is there any investment out there that isn't risky at all? Bonds might be the safest asset to invest your money with, but that also has risks as well. Overall, all of the assets have risks when you invest into it.

Experts warn that crypto maybe in a speculative bubble. I've heard that many times already that these so-called expert saying that "Bitcoin is a bubble" or "The whole crypto thing is a bubble" blah blah, and I don't really care about what they're saying. If it really is then, ok. Cheesy Overall, Bitcoin is still a good investment for many here even though it is very volatile, and very risky.