Quote from: PsylockReborn on August 10, 2018, 07:33:21 PM

https://www.livebitcoinnews.com/4-in-10-americans-will-never-invest-in-bitcoin-says-latest-crypto-study/

I've known some few friends who are into forex and stock investments. When they've learned that I engage myself into crypto trading and investments they discouraged me due to bitcoin's price volatility and unpredictable fluctuations. All I can say to them is that I only invest an amount that I can surely afford to lose and taking huge risks will definitely compensate you good returns as well. I bumped into this article saying that 4 in 10 Americans will never invest in bitcoin, which is somewhat realistic but still history can really tell that bitcoin has changed lots of millennials who took the risk and profited when bitcoin value skyrocketed to almost $20k last year.

So with this article it shows that there is still high percentage of Americans that is willing to take risks to invest in bitcoin just to make some good profit in the near future. What are your thoughts regarding this one? Share me your thoughts.

Not everyone can do it that way, and not everyone takes risky steps to get big or more profits, because doing so can also be fatal and make a failure in the investment, many people also produce results with greater profits by long term because they know in what situations the market will occur in decline, they hold back to be able to take maximum advantage.

So, I think to invest in this down market situation, it is smart to assess the situation and movement, whether it would be good to take risks to get high rewards or to temporarily hold back to get more than the high yield

Claudyah

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