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Showing 3 of 3 results by IWOKEUPLIKETHIS
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Re: Better Late than Never?
by
IWOKEUPLIKETHIS
on 16/12/2017, 21:41:16 UTC
Take a look at the article made by Theymos: https://www.reddit.com/r/Bitcoin/comments/7gi55s/dont_invest_recklessly/.
Theymos make a great article about a newcomer that wants to jump in into Bitcoin.

This was well written. Great read and couldn't agree more. Kind of goes back to the whole idea of "don't put all your eggs in one basket". Spreading a portion of my investments throughout multiple crypto may be the best plan for me.
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Re: Better Late than Never?
by
IWOKEUPLIKETHIS
on 16/12/2017, 21:32:15 UTC
In the long term, cryptocurrency market will only grow, so you have nothing to fear. But the risk of a correction remains.

What do you mean by risk of a correction?
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Better Late than Never?
by
IWOKEUPLIKETHIS
on 16/12/2017, 21:12:47 UTC
 Huh I couldn't wait any longer and jumping into cryptocurrency pretty late. I understand I have invested at the high end as of late, but with the rapid growth over the last several weeks I would be a fool not to jump in.

What are the predictions of the bubble before it bursts and drops back down?

Also, I imagine it should become my goal, as an investor, to actually use the bitcoin for what it was created to do. Peer to Peer purchasing in a free market, not relying on the banks or 3rd party taking their cut. Where can I begin actually using bitcoin to purchase normal household items?