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bamboylee
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September 23, 2016, 05:38:41 AM |
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Honestly, bitcoin is not suitable for everybody as a form of investment, especially the more conservative kind of investors. With the volatility in price, it serves as a deterrent for those people who would rather keep their money elsewhere because they are only after capital preservation. These people don't want to risk too much and would only go for safer investments.
You cannot blame them because that is their risk limit. The lesser the risk, the lesser the profit though. Bitcoin can be very risky but if it becomes successful, even with today's prize, we can still be very profitable. |
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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bitlancr
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September 24, 2016, 06:47:52 PM |
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Would not invest right now but I would people recommend to stay with their eyes on the bitcoin market till the price gets lower.
If this happens and you will buy you can make some nice profits.
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Herbert2020
Legendary
 Offline
Activity: 1946
Merit: 1137
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September 25, 2016, 09:54:01 AM |
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Honestly, bitcoin is not suitable for everybody as a form of investment, especially the more conservative kind of investors. With the volatility in price, it serves as a deterrent for those people who would rather keep their money elsewhere because they are only after capital preservation. These people don't want to risk too much and would only go for safer investments.
You cannot blame them because that is their risk limit. The lesser the risk, the lesser the profit though. Bitcoin can be very risky but if it becomes successful, even with today's prize, we can still be very profitable. "bitcoin is risky" is such an old statement these days. the price has been so much more stable and changes like the last big drop because of bitfinex hack are so rare and as we already know they will only last a very short time as bitcoin tends to stay at a higher price and continue going up. |
Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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RkVza
Newbie
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Activity: 56
Merit: 0
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September 25, 2016, 10:15:51 AM |
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instead of investing in gold and land, its better we invest in btc, as it is future of economics
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senyorito123
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September 25, 2016, 10:19:19 AM |
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Honestly, bitcoin is not suitable for everybody as a form of investment, especially the more conservative kind of investors. With the volatility in price, it serves as a deterrent for those people who would rather keep their money elsewhere because they are only after capital preservation. These people don't want to risk too much and would only go for safer investments.
You cannot blame them because that is their risk limit. The lesser the risk, the lesser the profit though. Bitcoin can be very risky but if it becomes successful, even with today's prize, we can still be very profitable. "bitcoin is risky" is such an old statement these days. the price has been so much more stable and changes like the last big drop because of bitfinex hack are so rare and as we already know they will only last a very short time as bitcoin tends to stay at a higher price and continue going up. But actually if you see a drop the next pump will come and it is proven by bitcoins as many times so its better to invest with it since bitcoins have brighter future(i believe so) and rapid growth of users will surely come since bitcoins awareness are bit on the limelight on business sector aswell as in some sort of media talks, and i think that is the great basis for bitcoin to continue to grow in this coming future. |
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doomistake
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September 25, 2016, 10:48:36 AM |
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Because BTC have more uses than cash. You can't pay cash when your ordering online, I mean you can't pay it directly unlike bitcoin that can be transacted in just a seconds or minutes. Bitcoin have more advantages than cash. First, you don't need to go outside just to pay what you order or just to buy some things, because in bitcoin you can pay it directly online and you'll just gonna wait for their delivery of the product that you bought online compare to cash that you have to go to the mall or something where you can buy the stuff that you want. Second, Bitcoin's price or rate are more higher than cash, bitcoin's price is fluctuating and it's possible that it can hit more than $2000 per 0.00001 btc in the near future compare to cash that's it's value is just stable. That's why it's better to invest BTC than cash.
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zahra4577
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September 25, 2016, 10:50:40 AM |
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Is there really a future for it? Where would btc be used instead of your traditional cashless money via debit/credit cards etc?
Only bitcoin haz future.Fiat is going to die in next 50 years.Blockchain is the technology of future |
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Red-Apple
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September 25, 2016, 12:12:00 PM |
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instead of investing in gold and land, its better we invest in btc, as it is future of economics
instead of this or that you should diversify in you want to be successful in your investment. buy bitcoin when it goes down and wait for the big rise to make the most amount of profit. and meanwhile buy gold (and silver if you like) to have a more solid type of investment that can never go wrong especially in long term. and also the land or investing in real estate is only good in some countries and also in some regions not in general since the profit of this market is not always good. and there are times that you even lose a lot of money. |
--signature space for rent; sent PM--
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ultrloa
Legendary
Offline
Activity: 2758
Merit: 1228
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September 25, 2016, 12:27:23 PM |
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Is there really a future for it? Where would btc be used instead of your traditional cashless money via debit/credit cards etc?
Only bitcoin haz future.Fiat is going to die in next 50 years.Blockchain is the technology of future Great speculation but we can't predict what will happen to it in the future but i think fiat will remain stronger since many people still using it and also fiat are much more famous among bitcoin, but if bitcoin will surpass the fame and blockchain technology will dominate in future i think it is good news to us since we are using it and maybe we can get more benifits upon this great event and possibly bitcoin will soar high and demands is more going upwards. |
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Karartma1
Legendary
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Activity: 2310
Merit: 1422
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September 25, 2016, 12:46:38 PM |
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Anyone who is smart enough to understand how bitcoin works should invest according to his/her own possibilities. This train has a bit more space but all slots are filling rather soon.
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arseaboy
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September 25, 2016, 12:56:35 PM |
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instead of investing in gold and land, its better we invest in btc, as it is future of economics
i agree mate if those example needs some time to increase the value much more bitcoin can be as more and more adoption are happening and popularity keeps on increasing for sure the price will increased too. |
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rescue1122
Newbie
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Activity: 7
Merit: 0
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September 27, 2016, 02:55:08 PM |
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because it is expecting that the price of bitcoin is going to raise so high in next few months, therefore it is right to buy bitcoins in present time.
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Dwelach
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September 27, 2016, 02:58:30 PM |
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Would not invest right now but I would people recommend to stay with their eyes on the bitcoin market till the price gets lower.
If this happens and you will buy you can make some nice profits.
I also think that investing right now is not smart because of the fact that the bitcoin is gonna rise but it will first lower and that would be the moment that you have to buy. Right now buying is way to expensive.. |
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Adrorecia
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September 27, 2016, 07:59:49 PM |
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Would not invest right now but I would people recommend to stay with their eyes on the bitcoin market till the price gets lower.
If this happens and you will buy you can make some nice profits.
I also think that investing right now is not smart because of the fact that the bitcoin is gonna rise but it will first lower and that would be the moment that you have to buy. Right now buying is way to expensive.. Right about that you can better wait on a better price to buy and than go fully into the bitcoin if you are asking me Its gonna be profitable in the future without doubts. |
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icecube45
Legendary
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Activity: 1218
Merit: 1000
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September 28, 2016, 05:44:07 AM |
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Bitcoin is still very new and still very long journey. There is a good future for bitcoin and there are now more and more people are starting to use bitcoin. Bitcoin is suitable for short-term investment because we can benefit from fluctuations.
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GermanFoobla
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September 28, 2016, 07:47:18 AM |
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Why would peopel invest into the bitcoin so i think they want to make money as easy as it looks and why not investing into such a big thing than doing nothing make profit with bitcoins will always work.
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gandame
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September 28, 2016, 03:38:45 PM |
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Why would peopel invest into the bitcoin so i think they want to make money as easy as it looks and why not investing into such a big thing than doing nothing make profit with bitcoins will always work.
Yes many people now invest in bitcoin becuase this is the way to get big profit. And bitcoin is easy to earn money. By doing nothing in bitcoin we can earn money easy if bitcoin get in the higher level the price. Thats why many people are being addicted in bitcoin. |
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lumeire
Legendary
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Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
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September 29, 2016, 07:21:30 AM |
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Bitcoin is still very new and still very long journey. There is a good future for bitcoin and there are now more and more people are starting to use bitcoin. Bitcoin is suitable for short-term investment because we can benefit from fluctuations.
It's not actually new, we've had 2 halving seasons already, although in a sense it's still young. The tech is still developing and improving, everything is in the works and we'd be seeing more innovations over the next few years. Short term? Probably not, as IMO it's better to invest in a blooming BTC startup than play short term. Long game is better IMO. |
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Bitcoinbro
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September 29, 2016, 08:02:33 AM |
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Ofcourse there is really a future for bitcoin. It's a very innovative concept with a nice foundation already. It should be able to be used anywhere you want to use it.
Bitcoin will grow more and more allowing us to use it in more places and the people who were here early will be wealthy.
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coynedterm
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September 29, 2016, 08:15:18 AM |
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Is there really a future for it? Where would btc be used instead of your traditional cashless money via debit/credit cards etc?
it seems that with the newbie here in this forum you are new to the world of bitcoin . if you will study the bitcoin then you will find you can't only invest in bitcoin but also you can make trade and other everything with this currency . |
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