I think investing in Bitcoin is good, but there are still a lot of people saying that to get Bitcoin's profits is a daunting task because of the always-present risks of investing, I do not know how to explain. With them, but I have achieved excellent results of the profits, I just want to show them that Bitcoin is not only a place to invest
Is there any risk at all, as of now I don't think there would be any. As many people are diving into it and even companies are accepting Bitcoin as their medium. Its not a daunting task, they're just inexperienced and are usually having
casual panics, and as a result a
major loss. They didn't even consider that Bitcoin is
volatile, so you just have to tighten yourself up and wait for that great opportunity because eventually it will
pump right back up.
Why not? If you can afford to buy it, and hold until it rise up. Even if you are not really sure about how long would you wait to gain a desirable profit, it is still a good move if you will backtrack the value of bitcoin from day one. But, still consider the risk and invest only the amount you can afford to loose, or will still allow you to bounce back if anything negative happens, and will not jeopardized your financial security in case of unexpected breakdown.
Its true that its not bad to buy what you can afford, but I'm not really that certain about that
holding, as you will be holding back also the price of Bitcoin. You might not know it, but it will be. You don't have to wait really, you could just invest it out in some exchange sites and start trading there, by that it could be more opportunities for you to have even more profit as you know it.
No one have ever
expected that this would happen, even those that have hold back from day was surprised as well. So don't think that it will work for you as well, there are many things that you could do, even more
productive.
That's some
negative attitude right there, 'invest only the amount you can afford to loose', so you already said that you will not gain any profit. And what's with the jeopardizing the financial system? Unexpected breakdown? I'm lost there.