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Author Topic: Depending your future in bitcoin...  (Read 2067 times)
IvyAguas (OP)
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March 12, 2018, 02:55:15 PM
Merited by joele (1), ajmapalo22 (1)
 #1

I think bitcoin is really a good investment for now, but I don't think it is a good idea to put all your investment in bitcoin or crypto currencies since it is unpredictable and very risky to take. For me it's still better to start your own business than depend your future in bitcoin investment.

What do you think guys?
Xester
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March 12, 2018, 02:58:02 PM
 #2

You are right.  We should not depend our future on bitcoin as its price is volatile.  We are not sure on how it will be priced one to two days or years from now.  That is why I am just investing the money which I can lose.  Those are my extra I guess.  But would be hoping that its price would goes up to secure my future. Grin
Ronni
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March 12, 2018, 02:59:04 PM
 #3

Investing in bitcoin is good but it doesn't mean that you'll need to invest all your savings/money to it, just make it as another source of income so that your money will not be stagnant and you can earn more. You can depend your future on bitcoin but not a lot, there are chances that the money that you've invested will grow and the value you will get may satisfy what you really need. If you are using bitcoin, then your future can lie on it, if you are taking bitcoin as the major source of your income then it will really dictate your future.

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Lieldoryn
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March 12, 2018, 03:03:27 PM
 #4

Investments in cryptocurrency are very risky at the initial stage. You can always buy coins at a bad time. This could be the reason for losing part of your investment. But after you start trading on the stock exchange, you will quickly recover your money. Then you'll start making an income. Of course, if you have the ability to do this. If you do not have such abilities then you have nothing left to do but wait until the price rises again and you get income.
ajmapalo22
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March 12, 2018, 03:04:05 PM
 #5

I think bitcoin is really a good investment for now, but I don't think it is a good idea to put all your investment in bitcoin or crypto currencies since it is unpredictable and very risky to take. For me it's still better to start your own business than depend your future in bitcoin investment.

What do you think guys?
you're right bitcoin investment is very risky even if many speculators says in future time bitcoin value will reach more than $100000. Seeing how price drops and fluctuates makes me feel afraid of putting my money into this kind of venture, for short term maybe its good but not with long term I guess.
bakujo0817
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March 12, 2018, 03:04:12 PM
 #6

I think bitcoin is really a good investment for now, but I don't think it is a good idea to put all your investment in bitcoin or crypto currencies since it is unpredictable and very risky to take. For me it's still better to start your own business than depend your future in bitcoin investment.

What do you think guys?
i agree with you is to risky to depend yoir future to bitcoin we never know what will happen in bitcoin in future if bitcoin still have a  value just go with flow to in crypto to make profit.
Renal
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March 12, 2018, 03:04:38 PM
 #7

bitcoin is good for investment but I will not spend my money in keipto world because it is very high risk as you convey but sampqi with today I am still interested in investment in the world of crypto.

x xurtjati
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March 12, 2018, 03:09:03 PM
 #8

I have an opinion investing in Bitcoin is very good today but do not expect too much for the future because we do not know the future so in my opinion we live what we have for the future we do not know whether good or not
ahiaba.john@yahoo.com
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March 12, 2018, 03:10:17 PM
 #9

No one will put his eggs in one basket but would have many basket to contain certain number of them. It is very save you should also invest in materials things and not just bitcoin for all successful business owner never invest in one direction. One thing for sure is that bitcoin has a very big and secure future and so do not hesitate to invest more into it.

Meraki
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March 12, 2018, 03:10:27 PM
 #10

You're right it is really not to a good idea to rely one's future to crypto fully. We should have also an investment to stockmarket also a proper job to have stable income rather than risking all asset in digital money.
pekcoin01
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March 12, 2018, 03:14:59 PM
 #11

What happens in the future? Undecided
Will the price increase? Huh
Is it a good opportunity to get bitcoin? Undecided

It is not easy to answer these questions. If you asked me these questions a year ago, my answer would be very different.
The market is so strange I can not make sense of it.
bocyaj
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March 12, 2018, 03:15:09 PM
 #12

Instead of start the own business,you can inverse in bitcoin.If you like to start a business,you should have huge knowledge about that business.If you start a business without knowledge means,it will really make you feel for that.You may loss the entire investing money in that business.

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Mazda17
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March 12, 2018, 03:16:09 PM
 #13

I think bitcoin is really a good investment for now, but I don't think it is a good idea to put all your investment in bitcoin or crypto currencies since it is unpredictable and very risky to take. For me it's still better to start your own business than depend your future in bitcoin investment.

What do you think guys?
I think bitcoin is really a good business and worth following because bitcoin is a good source of income and to invest in bitcoin is great for now.
squatz1
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March 12, 2018, 03:17:29 PM
 #14

I wouldn't think that Bitcoin is a good investment for all people, you're going to have to weigh in your age, income, etc in order to decide if you have the risk tolerance level to get into something as risky as bitcoin.

I personally wouldn't make a substantial investment in bitcoin, I'd put a small amount in if anything.

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galkina
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March 12, 2018, 03:17:55 PM
 #15

I think bitcoin is really a good investment for now, but I don't think it is a good idea to put all your investment in bitcoin or crypto currencies since it is unpredictable and very risky to take. For me it's still better to start your own business than depend your future in bitcoin investment.

What do you think guys?

This forum is full with advice that your should invest only that money in bitcoins that you are ready to loose. I suggest not investing anything more than 20% of the savings and  that also if you do need this money in short time. As you said, the prices are very volatile so after your investment prices may drop considerably. If this happens, your money will get stuck in this investment as you will not be selling your holdings in loss. You must keep good amount of savings as bank deposits. These will give you some interest and you can easily withdraw the money in case of emergencies.

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March 12, 2018, 03:19:34 PM
 #16

I think bitcoin is really a good investment for now, but I don't think it is a good idea to put all your investment in bitcoin or crypto currencies since it is unpredictable and very risky to take. For me it's still better to start your own business than depend your future in bitcoin investment.

What do you think guys?

Time is the only one I invested in crypto when I was at the stage of learning(newbie and no knowledge at crypto at all). I learned stuffs here (the good ones and would benefit me a.k.a technology, trading, marketing etc). Later on when I earned a little doing side jobs I invested half of it in mining and others for my general needs daily.
The only thing I am risking now is my health as I am awake at night to gather information and at the same time earning. Bitcoin gave me a second chance (working at home) and I know most of the guys here too.
If the you are planning to have a traditional business I guess you would have to keep a lot of money and that would cost you maybe less or more than half of your life. Well if you have the means its a go but for me as a commoner I would say this is better for now I guess.
Bitcoin deserves to live forever for it is helping us not only in our transaction but it's also a means of profit so why not invest in it.

Thecryptocurrency09
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March 12, 2018, 03:21:39 PM
 #17

I think bitcoin is really a good investment for now, but I don't think it is a good idea to put all your investment in bitcoin or crypto currencies since it is unpredictable and very risky to take. For me it's still better to start your own business than depend your future in bitcoin investment.

What do you think guys?

It is really risky to enter bitcoin, and I believe we are all aware of that. Another thing is the issue or scene of how people tend to leave their current job for bitcoin. I know for a matter of fact how bitcoin tend to be more helpful or how it changes our life but I guess we must not depend on bitcoi at all times and in all aspect.  
TaKlarPH
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March 12, 2018, 03:22:43 PM
 #18

I agree to your thought because as they say do not put your egg in one basket. For me, it is not bad you invest maybe 60% to 80% of your money in bitcoin but make sure that the 20% that will remain can still save your financial expenses. Every investment is a risk and that is what business is. The bigger that risk you make the bigger return you can take. We just have to study very well the thing we will invest to before investing in it
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March 12, 2018, 03:23:21 PM
 #19

Yeah i prefered doing in both invetment
Sometimes we need to take carefuly with our steps and i think thats better to have a save line from another line
But still i still belive in bitcoin future. At least if bitcoin can get steady price

yonghaseo
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March 12, 2018, 03:50:44 PM
 #20

I think bitcoin is really a good investment for now, but I don't think it is a good idea to put all your investment in bitcoin or crypto currencies since it is unpredictable and very risky to take. For me it's still better to start your own business than depend your future in bitcoin investment.

What do you think guys?
I think I'm not on the page to advise what's your preferred line to engage but what can I say is always weigh options. But in a sense of put up your self in just bitcoin alone as your source of living I think its a big imbalance. Find ways to have a stable job as an assurance of your daily earnings. Use some of your money investing on btc as to be the second source of living. Just maximize your time and resources Everything will be on good outcome coz a short progress is still a progress.

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