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Author Topic: Should I believe in Bitcoin ?  (Read 218652 times)
JessicaSe
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March 19, 2016, 09:34:45 PM
 #361

If I were you I'd invest half of it in bitcoin, and the other half in some other area.
Investing everything you got can be very risky and I'd not recommend that.

Yeah its better if we invest some and rest hold for the future, as the price of bitcoin will be higher in future and I have complete faith in it.
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angaper
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March 19, 2016, 09:55:44 PM
 #362

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy  , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?

Are you willing to invest all your eggs in a single basket? I think it is a risky decision, friend, and any prudent investor would prefer to diversify his portfolio in order to reduce risks.

You also need to take into account that this type of intangible assets based on changing technologies always involves great risks, because we all know that technologies are rapidly changing all the time, and even the greatest ideas can become obsolete quickly.

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March 19, 2016, 10:28:33 PM
 #363

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy  , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?

Are you willing to invest all your eggs in a single basket? I think it is a risky decision, friend, and any prudent investor would prefer to diversify his portfolio in order to reduce risks.

You also need to take into account that this type of intangible assets based on changing technologies always involves great risks, because we all know that technologies are rapidly changing all the time, and even the greatest ideas can become obsolete quickly.

Putting all your eggs in 1 basket is the most stupid thing you can do. Remember there is still a change the bitcoin project fails.
So yes if you believe in bitcoin it may be wise to invest money in it but invest with care.

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March 19, 2016, 10:51:17 PM
 #364

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy  , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?

Are you willing to invest all your eggs in a single basket? I think it is a risky decision, friend, and any prudent investor would prefer to diversify his portfolio in order to reduce risks.

You also need to take into account that this type of intangible assets based on changing technologies always involves great risks, because we all know that technologies are rapidly changing all the time, and even the greatest ideas can become obsolete quickly.

Putting all your eggs in 1 basket is the most stupid thing you can do. Remember there is still a change the bitcoin project fails.
So yes if you believe in bitcoin it may be wise to invest money in it but invest with care.

Yeah, anything is possible with bitcoin as you never know what is the future of bitcoin, its better if we invest our money into multiple products.
Aamir1
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March 20, 2016, 04:33:51 PM
 #365

Yeah, anything is possible with bitcoin as you never know what is the future of bitcoin, its better if we invest our money into multiple products.

I don't think investing in multiple products could be a wise move as any other product is more dangourous then bitcoin for investing, but also as a mate said above putting all the eggs in one basket is not good so better to invest a half in bitcoin if you believe it and do something else with the other half. The half invested in bitcoin won't make you regret your decision for sure.

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March 20, 2016, 05:39:29 PM
 #366

I have total faith in bitcoin and I will continue to invest my money into it as I have a feeling that the future of bitcoin is incredible and awesome.
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March 20, 2016, 07:01:29 PM
 #367

Bitcoin doesn't seem to have a bad future ahead but the believers have a chance to double their original investment later on.
Yes, those who believed on bitcoin will get a great chance to boost up their collected wealth as occurred in the past in year 2012 and 2013, when the people who believed saw increasing their money from $0.25 to $1200.

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March 20, 2016, 09:42:03 PM
 #368

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy  , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?

If your afraid then i think bitcoin is not an investment for you, not at the 10000 level anyway, mybe you should try something a little less volitle.  If you are looking short term it def is not for you.,
gerXhonza
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March 20, 2016, 09:47:28 PM
 #369

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy  , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?

If your afraid then i think bitcoin is not an investment for you, not at the 10000 level anyway, mybe you should try something a little less volitle.  If you are looking short term it def is not for you.,
I think he should go for gold as it is stable and less volatile in compare to gold and returns are guaranteed over a period of time, so if you have patience then invest in gold.
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March 21, 2016, 08:39:07 AM
 #370

Bitcoin doesn't seem to have a bad future ahead but the believers have a chance to double their original investment later on.

Yes, you got to believe on the bitcoin. it is the safest place where we get more money. we can do trading and we will get free lancing job.
hardly you will be disappointed by investing on btc...
Right, a number of people are earning their living with bitcoin and are happy with it, they are putting their fiat in bitcoin without any fear that it will lost but they are having a belief that it is a normal currency.

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Aamir1
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March 21, 2016, 08:40:31 AM
 #371

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy  , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?

If your afraid then i think bitcoin is not an investment for you, not at the 10000 level anyway, mybe you should try something a little less volitle.  If you are looking short term it def is not for you.,
I think he should go for gold as it is stable and less volatile in compare to gold and returns are guaranteed over a period of time, so if you have patience then invest in gold.

Well i personally think that bitcoin is better for investments then gold, as it is predicted to go even higher in coming months so that can be quite profitable for a investor, but maybe investing in gold is also not so bad as it also increases its value by time, maybe OP should invest 50% in bitcoin and the other 50% in gold so he will have a experience with both of them, it will help him choose the better one in future.

Digitalbitcoin
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March 21, 2016, 09:07:29 AM
 #372

I think before make trust in Bitcoin everyone should have to trust in Cryptography technology. If we understand and believe in Cryptography then we must have to believe in Bitcoin.

It has great future if we trust in it. And it brings world more closer and will take to new level of exchange/trade.

bitlancr
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March 21, 2016, 02:22:23 PM
 #373

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy  , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?

If your afraid then i think bitcoin is not an investment for you, not at the 10000 level anyway, mybe you should try something a little less volitle.  If you are looking short term it def is not for you.,
I think he should go for gold as it is stable and less volatile in compare to gold and returns are guaranteed over a period of time, so if you have patience then invest in gold.

Well i personally think that bitcoin is better for investments then gold, as it is predicted to go even higher in coming months so that can be quite profitable for a investor, but maybe investing in gold is also not so bad as it also increases its value by time, maybe OP should invest 50% in bitcoin and the other 50% in gold so he will have a experience with both of them, it will help him choose the better one in future.
Its good to believe in Bitcoin, because Bitcoin will be the future payment method and that will be so good.
But it is very hard to say for what is going to happen with the future later and that is also very risky. But you must take risk to make some profit later.
harizen
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March 21, 2016, 03:02:02 PM
 #374

I think before make trust in Bitcoin everyone should have to trust in Cryptography technology. If we understand and believe in Cryptography then we must have to believe in Bitcoin.

It has great future if we trust in it. And it brings world more closer and will take to new level of exchange/trade.

Well majority here trust and believe in bitcoin because of the price.

Even you will told them the technology behind it, it's just a piece of paper. Smiley

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March 21, 2016, 03:18:11 PM
 #375

I think before make trust in Bitcoin everyone should have to trust in Cryptography technology. If we understand and believe in Cryptography then we must have to believe in Bitcoin.

It has great future if we trust in it. And it brings world more closer and will take to new level of exchange/trade.

Well majority here trust and believe in bitcoin because of the price.

Even you will told them the technology behind it, it's just a piece of paper. Smiley

Its not just a piece of paper. Its very vast and everything has been simplified to a piece of paper. The technology used in backing of bitcoin is not simple as you say. As you said people believ and trust because of the price. It has to be changed to believe based on the technology.

MaritiJames3
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March 21, 2016, 03:18:40 PM
 #376

Yes you should believe in the bitcoin because it has a really good future with the halving in our sight.
Also the bitcoin is getting bigger and bigger these days, so you should really believe in it.
cluit
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March 22, 2016, 11:57:05 AM
 #377

Yes it is very good to believe in Bitcoin. Because it will be the future money and that will be so good. Because the world is also becoming more digital.
I hope that more people will have Bitcoin and believe in it and also going to use is so it will be more popular.
It is right the world business is shifting to digital form and every affair will be then maintained and managed by digital means and for that they will require some digital and secure system for their finance for which bitcoin is better.


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March 22, 2016, 12:22:22 PM
 #378

Bitcoin is a developing currency. This will surely make great changes in the future by its technology as well the increased acceptance.

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March 22, 2016, 02:01:12 PM
 #379

Bitcoin is a developing currency. This will surely make great changes in the future by its technology as well the increased acceptance.
bitcoin growing very rapidly bitcoin age still so young is 7 years. but users have covered more than 5 million people. This really unexpected, I would like to see more developed bitcoin


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March 22, 2016, 02:26:16 PM
 #380

Bitcoin is a developing currency. This will surely make great changes in the future by its technology as well the increased acceptance.
bitcoin growing very rapidly bitcoin age still so young is 7 years. but users have covered more than 5 million people. This really unexpected, I would like to see more developed bitcoin
Bitcoin will be the future and that is very good. You can now that because the world is becoming more digital and that is very good for Bitcoin.
Many people are also going to use it so it will be more popular and that is also good. The halving is also coming and you never know what can happen.
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