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Topic: Investing in Bitcoin is harmful or profitable? - page 3. (Read 633 times)

full member
Activity: 658
Merit: 101
its depends. investing are taking risk or puting a risk to another value as a risk too. there is no investation without risk. bitcoin seems like a good coin but its been pump up so much i think it would go down a bit. what i could suggest is be carefull
full member
Activity: 868
Merit: 151
As far as investing in btc is concerned it is more a profitable if you keep holding it. Bcoz anytime previously one has invested would have got positive result bcoz almost btc prices are near high now. So yes its a risky but its very much profitable if you can hold it for some time and exit on high.
full member
Activity: 714
Merit: 100
If you don't know how investing works, better if you will do research first. Because investing can be harmful and profitable too.

harmful in the means of what?  i dont know what harm can it cause you if you start to invest in bitcoin but i believe that it can be a profitable thing if you know what your doing and you have a patience to hold for sure you can earn something on it. though investing on bitcoin and other kinds of coin is verry risky because you dont know what will happen next , if the value could increase or decrese.
legendary
Activity: 1386
Merit: 1058
Hello, I have any questions
If I want to invest in bitcoin, what do you think this is useful for me or not? give me your opinions.
why I must invest in bitcoin? or why not? just give me strong reason.
If you need reason to invest in bitcoin, I believe you should do your own research yourself and stop asking questions like this. There are so many resources and article you can google to know what bitcoin is all about and how you can benefit from it.

There are so many threads as well on this forum where you can view people's opinion about bitcoin. If the difference in value as from 2009 till date is not enough for you to know that bitcoin is profitable, then I guess there is nothing we can all tell you here.
full member
Activity: 598
Merit: 100
Investing in Bitcoin is profitable if your time horizon is 3 to 5 years as it is at all time high level and can go down a bit in short term period. It is not a one day or one month investment but long term. Those who invested in bitcoin 1 year back are on huge profit as btc gives unexpected returns.
In my opinion if you invest in bitcoin it will be much profitable for you..That's especially because bitcoins price increases in later times...
sr. member
Activity: 980
Merit: 250
Investing in Bitcoin is profitable if your time horizon is 3 to 5 years as it is at all time high level and can go down a bit in short term period. It is not a one day or one month investment but long term. Those who invested in bitcoin 1 year back are on huge profit as btc gives unexpected returns.
hero member
Activity: 2520
Merit: 783
Investing in bitcoin is a double edged sword because it can be either harmful if you will not invest and enter the market in the right time and it is also a profitable investment if you will become a good investor with a lot of patience. So it is really depending to you if how you will manage to turn to the positive side.
member
Activity: 308
Merit: 10
Hello, I have any questions
If I want to invest in bitcoin, what do you think this is useful for me or not? give me your opinions.
why I must invest in bitcoin? or why not? just give me strong reason.

depending on the long-term or short-term investment you are talking about. if the short term is very unfortunate when the bitcoin, but if a long period of time I think the benefits and benefits are very large if the investment in this bitcoin. besides the price is very promising, according to my prediction the longer the bitcoin users will be more and cause the bitcoin price is getting bigger too.
full member
Activity: 486
Merit: 100
DAEFROM.com
Hello, I have any questions
If I want to invest in bitcoin, what do you think this is useful for me or not? give me your opinions.
why I must invest in bitcoin? or why not? just give me strong reason.

you can see bitcoin prices now. imagine if you bought a few years ago. you will get a big profit, so bitcoin has a bright future and big profits.
full member
Activity: 466
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
actually investing in bitcoin is a lucrative thing but there must be times when we suffer a bit of a loss, but the only reason why I say investing in bitcoin is profitable is because bitcoin prices are on the rise.
member
Activity: 66
Merit: 10
You have to think in cryptocurrencies as a long term investment.

Try always to buy the ones with solid reputation, like Bitcoin, Ethereum or Ripple.

Cryptocurrencies are taking off thanks to blockchain technologies and smart contracts.
legendary
Activity: 1652
Merit: 1000
i think my answers will be both that investing in bitcoin is harmful and also profitable because although the price is so high but volatile still be the actual part for bitcoin and there is no guarantee the current price is not bubble which mean will broken out anytime and the price back to dropped but indeed for those who had more patience with holding bitcoin will get benefit from their patience and get big profit from their bitcoin asset
member
Activity: 140
Merit: 10
Hello, I have any questions
If I want to invest in bitcoin, what do you think this is useful for me or not? give me your opinions.
why I must invest in bitcoin? or why not? just give me strong reason.

I think it depends on how you will play in the investment. if you later buy bitcoin when the price is low and sell bitcoin at a high price, I think you will profit very much later. but if you're afraid bitcoin prices will go down and you sell all your bitcoins I guess that's not a good choice.
full member
Activity: 574
Merit: 100
If you don't know how investing works, better if you will do research first. Because investing can be harmful and profitable too.
sr. member
Activity: 882
Merit: 251
Surely you can gain profit from investing in Bitcoin - at this time most definitely. And i believe even after the hard fork you still can profit from it. I doubt that Sewgit2x will be a negative thing for Bitcoin.

In bitcoin it is profitable because as we can see price before is cheap when you invest. So, when we hold we can earn profit from buying and selling in bitcoin. Investing is truly profitable and the best decision.
newbie
Activity: 28
Merit: 0
Still profitable and going strong!
full member
Activity: 406
Merit: 110
Investing can always be harmful. Whether you invest in bitcoin or any other stock, asset, or commodity.
What you need to do is due diligence. You need to research and dig deep before you make an educated guess for the future.

If you believe that bitcoin will change the world then by all means, go for it. If not, stay away and don't regret whatever happens.

legendary
Activity: 1414
Merit: 1001
It is surely profitable you can gain a lot of money by investing in bitcoin. So it is not that harmful, but remember that bitcoin can go as well down. You must know that btc is unstable.

This means it can go down very hard and it can rise very high in a short time. This is normal don't worry.
Nothing is perfect when we decide to invest in Bicoin. Lots of gaps and opportunities that may be appropriate and not in line with what we expect. Lots of opportunities that we can use in making investments in Bitcoin because Bitcoin has a rapid rate of price changes and this we can use. But like what I once said that not as long as Bitcoin brings us to profit. When the price of Bitcoin decreases then automatically we will lose. So we should be able to decide when is the right time to sell and buy Bitcoin / Altcoin because this can determine the future we get.
full member
Activity: 280
Merit: 102
Surely you can gain profit from investing in Bitcoin - at this time most definitely. And i believe even after the hard fork you still can profit from it. I doubt that Sewgit2x will be a negative thing for Bitcoin.
full member
Activity: 462
Merit: 100
All reasons you need to invest in bitcoin is in public domain. Bitcoin is unique as a currency better as a legal tender and valuable as an asset. So decide for yourself how you want to approach and use bitcoin
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