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Author Topic: Is Bitcoin trusted to put your real money  (Read 47781 times)
voztata
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March 10, 2016, 10:00:03 AM
 #321

-snip-
Yes bitcoins can be easily convertible into any fiat. Bitcoin can be used to buy any product or service. So, putting your money into bitcoin will be always safer. but many people do not want to spend bitcoin on any service or product now itself. They want to hold bitcoin for long term to gain more profits from bitcoin value appreciations.
People are ready to hold even for long time. This means they trust more in bitcoin system. When you are ready to save for long time means, you are believing it more. This is one of the obvious reason we can put our money to bitcoin. It will remain safer always.
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March 10, 2016, 10:08:00 AM
 #322

Golden rule: never invest more than you can afford to loose. This is true both fiat and crypto markets.
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March 10, 2016, 10:13:57 AM
 #323

Bitcoin is really trusted are many companies are now taking bitcoin as part of their payment soon all shop foodchain will adapt this kind of payment system.
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March 10, 2016, 10:46:11 AM
 #324

Well I can see why you heard that. You can only buy Bitcoin with real money or mine it. It is definitely trusted to put your money in.
nope. you can buy bitcoin with altcoin. but to put money in bitcoin in large quantities. did little to make hesitant. you need the confidence to put your money in bitcoin. and ready to be all the existing risk


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March 10, 2016, 01:44:55 PM
 #325

Well I can see why you heard that. You can only buy Bitcoin with real money or mine it. It is definitely trusted to put your money in.
nope. you can buy bitcoin with altcoin. but to put money in bitcoin in large quantities. did little to make hesitant. you need the confidence to put your money in bitcoin. and ready to be all the existing risk
I'd say that the volatility is still a bit too high for Bitcoin to be considered a safe investment. Maybe it's currently not the safest option to keep all of your funds.

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March 10, 2016, 02:08:19 PM
 #326

Well I can see why you heard that. You can only buy Bitcoin with real money or mine it. It is definitely trusted to put your money in.
nope. you can buy bitcoin with altcoin. but to put money in bitcoin in large quantities. did little to make hesitant. you need the confidence to put your money in bitcoin. and ready to be all the existing risk
I'd say that the volatility is still a bit too high for Bitcoin to be considered a safe investment. Maybe it's currently not the safest option to keep all of your funds.

Agreed with you, its too risky to invest a lot of real money into the bitcoins due to the high volatility. I would suggest to invest only some percentage of your money into the bitcoins to avoid the risk. I have no doubt that bitcoin has a great future ahead but still its always good to be on safer side.
Altcoinmoney
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March 10, 2016, 02:59:55 PM
 #327

It is trusted to put your real money in it. You can earn some money with it so that is good.
There will be of course a chance that you also can lose some money but that will not happen that fast.
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March 10, 2016, 03:03:18 PM
 #328

Look you should never hold your Bitcoins on a website,  that is the unsafest place to hold your coins, there are many examples why you shouln't do that.
Bitcoin allows you to keep ur money in a safe place your self instead of a bank and you even have wallets with 2 factor authentication.
Where they will need your phone and your password!
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March 10, 2016, 03:11:18 PM
 #329

Bitcoin is really trusted are many companies are now taking bitcoin as part of their payment soon all shop foodchain will adapt this kind of payment system.
this is my dreams for bitcoin on the future because i'm really hope that many big companies will adopt bitcoin as the payment but currently we as bitcoin users must trust to put our real money because this is also would makes bitcoin more popular in society
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March 10, 2016, 05:07:03 PM
 #330

Well I can see why you heard that. You can only buy Bitcoin with real money or mine it. It is definitely trusted to put your money in.
nope. you can buy bitcoin with altcoin. but to put money in bitcoin in large quantities. did little to make hesitant. you need the confidence to put your money in bitcoin. and ready to be all the existing risk
I'd say that the volatility is still a bit too high for Bitcoin to be considered a safe investment. Maybe it's currently not the safest option to keep all of your funds.

Agreed with you, its too risky to invest a lot of real money into the bitcoins due to the high volatility. I would suggest to invest only some percentage of your money into the bitcoins to avoid the risk. I have no doubt that bitcoin has a great future ahead but still its always good to be on safer side.
It is good to put your real money in it indeed. You can make some more money later and that will be very good.
But you never know what will happen later in the future and that is hard to predict. But we must see and wait.
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March 10, 2016, 05:19:01 PM
 #331

The time for be afraid to invest at bitcoin has gone already,and all believe halving will make the price jump soo its the best moment and time and maybe apply all money into it may result into a instant profit but there is a risk ,nothing is safe.
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March 10, 2016, 08:08:14 PM
 #332

The time for be afraid to invest at bitcoin has gone already,and all believe halving will make the price jump soo its the best moment and time and maybe apply all money into it may result into a instant profit but there is a risk ,nothing is safe.
Yes, bitcoin is nothing but an electronic format money. So, putting your money into bitcoin will be safer it is just a converting our fiat into bitcoins. My putting our money into bitcoin, we get a chance to multiply my wealth along with the fluctuations of bitcoin prices.

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bitlancr
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March 10, 2016, 08:36:28 PM
 #333

Yes the bitcoin itself is trusted to put your money on it for sure no doubt about that at all in my opinion.
See how much people already did and its also really worth it.
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March 10, 2016, 11:51:36 PM
 #334

Yes the bitcoin itself is trusted to put your money on it for sure no doubt about that at all in my opinion.
See how much people already did and its also really worth it.
yeah you've seen a lot of people who have joined in bitcoin. they also put their money in bitcoin. and during bitcoin walk. safe enough

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March 11, 2016, 12:03:12 AM
 #335

Some people may regret to had miss this time to be part of the history of bitcoin and the right moment to boost their income with bitcoin.
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March 11, 2016, 08:10:29 AM
 #336

Yes it is IMO, I did and have invested some money with bitcoins and I think it is a very decent investment, The value is volatile so not the best investment but it is mostly rising and the risk of it closing overnight is very low IMO.
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March 11, 2016, 09:09:22 AM
 #337

Yes it is IMO, I did and have invested some money with bitcoins and I think it is a very decent investment, The value is volatile so not the best investment but it is mostly rising and the risk of it closing overnight is very low IMO.

Yes, the prices of bitcoins are very volatile hence it is better invest some portion of our saving into to it and one should continuously need to monitor prices otherwise you may lose lot of value in one or two days. The prices can fluctuate about $100 per day and it is quite lot.
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March 11, 2016, 09:21:10 AM
 #338

Of course it, why should people otherwise investing in the bitcoin itself, a did it already and it wrapping out good if you ask me.
Its really trusted to put your money on but keep in mind its always a risk if you invest in something.
BitcoinsGreat
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March 11, 2016, 09:24:59 AM
 #339

I heard people buying bitcoin using real money..
Is it really good since we all know that everything on internet can be hack or something....
Is bit[Suspicious link removed]d to make your money grow fast or will you just lose all those money??

Bitcoin is trust able currency, it is other thing, that your account will be hack.
so you should refer a strong account, Xapo account is a best.      

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March 11, 2016, 09:34:10 AM
 #340

Yes it is IMO, I did and have invested some money with bitcoins and I think it is a very decent investment, The value is volatile so not the best investment but it is mostly rising and the risk of it closing overnight is very low IMO.

Yes, the prices of bitcoins are very volatile hence it is better invest some portion of our saving into to it and one should continuously need to monitor prices otherwise you may lose lot of value in one or two days. The prices can fluctuate about $100 per day and it is quite lot.
Yes of course. You can make a lot of money with it and that will be so good. I hope that more people will have some more money later.
Because of Bitcoin and that they will like Bitcoin, that will be so good, if it can be more worth and will have a higher value.
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