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Author Topic: Is bitcoin the answer if traditional investments are letting you down?  (Read 589 times)
eye4bd (OP)
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August 22, 2016, 09:24:28 PM
 #1

Is bitcoin the answer if traditional investments are letting you down?

The cryptocurrency has a volatile past, but is now being traded around the world. Here’s the lowdown on going digital with your money....

https://www.theguardian.com/money/2016/aug/22/bitcoin-investments-cryptocurrency-traded-digital-money


[ Maybe press section was the perfect place for post this one | But after completation of reading instantly felt to share with traders first ]



NorrisK
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August 23, 2016, 05:23:43 AM
 #2

Very cool that a mainstrain media source publishes an article like this to persuade normal small time investers to think about getting into bitcoin.

It is a shame though that they do not (and probably can not, due to staying unbiased) publish any sources where wallets and exchanges can be found. It still leaves quite a bit of work for the average Joe to figure out before they can really get into it.
1Referee
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August 23, 2016, 06:54:23 AM
 #3

Even when traditional investments aren't performing bad, people should always head over to Bitcoin to include it in their portfolio. It's quite young, it has potential, it really serves a purpose, you can avoid dealing with governments and banks..... What are these guys waiting for, till Chuck Norris lands on Mars? As soon as I came in contact with Bitcoin, I sold all my stocks to put that money into Bitcoin, and I'm really glad I have done so.
BitFinnese
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August 23, 2016, 07:09:03 AM
 #4

Is bitcoin the answer if traditional investments are letting you down?

The cryptocurrency has a volatile past, but is now being traded around the world. Here’s the lowdown on going digital with your money....

https://www.theguardian.com/money/2016/aug/22/bitcoin-investments-cryptocurrency-traded-digital-money


[ Maybe press section was the perfect place for post this one | But after completation of reading instantly felt to share with traders first ]





i don't think bitcoin is the answer if traditional investment are letting you down.  It all depend on how well you manage you business.  It might help you to cater new customers, but at the end it is still your planning and managing that will bring success to your store.  As far as I know bitcoin is only a currency that can be use to finance a project, but the success and failure depends on  how well you manage it.
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August 23, 2016, 11:22:53 AM
 #5

You'd have to have been pretty dim to be let down by traditional investments over the last few years. I don't think Bitcoin is the answer for the average personage. If you don't have the understanding and the passion then you're probably going to have a bad time.
Divinespark
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August 23, 2016, 11:35:32 AM
 #6

I think that BTC as an asset class will go mainstream via the ETF wave that is coming. In fact, it is inarguably important that foplks can take some exposure to an uncorrelated asset class without necessarily needing to be experts. Articles like by the Guardian help accelerate this.

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Pursuer
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August 23, 2016, 02:29:27 PM
 #7

Is bitcoin the answer if traditional investments are letting you down?

The cryptocurrency has a volatile past, but is now being traded around the world. Here’s the lowdown on going digital with your money....
https://www.theguardian.com/money/2016/aug/22/bitcoin-investments-cryptocurrency-traded-digital-money
[ Maybe press section was the perfect place for post this one | But after completation of reading instantly felt to share with traders first ]

I have heard this before, mostly around the time of Brexit and also a little bit before during the stable price and I have also heard it now here.
I think it is pretty awesome that the media is starting to publish more positive news about bitcoin alongside all the negativity they publish about it. and it will help bitcoin a lot.

but as for bitcoin instead of traditional investment, I don't agree with it.
although bitcoin is an excellent investment and it has been for about two (1.5) years but it is always a better idea to diversify and change the amount of investment in different markets depending on their profit potential and also the risk that particular market has.
and this potential and risk in bitcoin market is high!

Only Bitcoin
rphk
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August 23, 2016, 03:44:29 PM
 #8

mu suggestion is  traditional and bitcoin investments both are good , both wont let you down , only thing is we need acquire skills like how to use money to invest wisely without loss.  bitcoin is volatile and even traditional money also sometimes volatile ,diversification that is keeping both on 50 percent basis will be good  Smiley.

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LordCoder
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August 23, 2016, 03:50:42 PM
 #9

Very cool that a mainstrain media source publishes an article like this to persuade normal small time investers to think about getting into bitcoin.

It is a shame though that they do not (and probably can not, due to staying unbiased) publish any sources where wallets and exchanges can be found. It still leaves quite a bit of work for the average Joe to figure out before they can really get into it.

Indeed, quite strange that they aren't just saying "Bitcoin is the worst choice for investments" or something like that.
TraderETH
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August 23, 2016, 03:58:10 PM
 #10

I don't think so, because bitcoin is new in instrument of Investment, there are not too many people who make Investment on it and The price is not too stable for today. That is different with tradisional of Investment who has stable of price, there are many people who make Investment on it and running  for long time ago.
TRF
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August 23, 2016, 04:48:56 PM
 #11

BTC is not the answer, is only another choice for a good asset allocation  Smiley

Dudeperfect
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August 23, 2016, 05:26:44 PM
 #12

It’s nice to see world is getting aware of bitcoins and we would experience inflow of investors, technology enthusiastic (yes, there are still some who haven’t heard about it yet) and common people in short term.

As of now, I still think bitcoin is not great for those who are looking for quick entry and exit. Bitcoin is still volatile currency and might remain so for next whole year so short term trade is not recommended. I would advice to buy bitcoins for long term in order to expect good returns and if one really cares about it then he should spend it regularly. Yes bitcoin has good potential as compared with traditional investment options.
eye4bd (OP)
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August 23, 2016, 05:38:47 PM
 #13

Very cool that a mainstrain media source publishes an article like this to persuade normal small time investers to think about getting into bitcoin.

It is a shame though that they do not (and probably can not, due to staying unbiased) publish any sources where wallets and exchanges can be found. It still leaves quite a bit of work for the average Joe to figure out before they can really get into it.

Hi
No way to disagree with you. From my gathering [ there is no need to be establish I'm the perfectionist ] this one the best. Regerding on positive future of bitcoin Investment produced by on of the legacy media!
I think very soon will able to see lot more this type of article's!

Thanks!
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August 23, 2016, 05:43:24 PM
 #14

Bitcoin might help you with customer because of little competition in your neigborhood but the problem still exist whether your neighborhood adopt bitcoin and use it.  Basically if people are new to some system, the one using the system put alot of effort introducing it to this newbie.  This only means bitcoin isn't the answer because if you failed on introducing the use of bitcoin then your business will collapse.  at the end of the day it is  your managing capacity and decision that affect your business success.

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