I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?
There are couple of things you have to know of when it comes to invest in Bitcoin, There are Bitcoin traders, basically people that trade Bitcoin on daily basis to catch the up and down movement in the market, whereas in other side we have Bitcoin investors, basically people that invest in bitcoin , that is buys and hodl Bitcoin and the price to rise to make profit, also here we have category of investors ,the short term, mid term and long-term investors, So what you with Bitcoin would determine your profit and lost. The profitable people are the long-term Holders.