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Topic: Investing in BTC (Read 934 times)

hero member
Activity: 1098
Merit: 500
May 04, 2018, 06:18:55 PM
If you protect your bitcoin by organizing the right storage for it, you can avoid the minimum risks that are present when investing in cryptocurrency. So be afraid of nothing.
legendary
Activity: 3262
Merit: 3675
Top Crypto Casino
May 04, 2018, 06:08:38 PM
Bitcoin is a high-risk asset without a doubt.
If you are financially constrained, I would recommend to refrain from buying this asset.
full member
Activity: 378
Merit: 100
May 04, 2018, 05:55:18 PM
To invest in bitcoins it is safe and harmless. It depends entirely on you. You can continue your research on bitcoin markets and invest in secure bitcoins. If you can not know the details of bitcoin and its market policies you can fail and be harmful. Cool
member
Activity: 406
Merit: 10
May 04, 2018, 05:54:10 PM
Yes, bitcoin is not stable yet, its price is constantly rising, falling, but this does not mean that investing in it is dangerous. Bitcoin volatility is a normal phenomenon, it allows us to earn. So nothing to fear.
newbie
Activity: 83
Merit: 0
May 04, 2018, 05:51:59 PM
There's is no danger in in investing in bitcoin, it has less risk compare to ICOs and other cryptocurrencies.
member
Activity: 308
Merit: 12
May 04, 2018, 05:50:04 PM
There are risks, but they are minimal. Cryptocurrency is gaining more and more trust from people, and even governments are gradually ceasing to see bitcoin as an enemy. Therefore, invest and do not be afraid.
jr. member
Activity: 238
Merit: 3
ImmVRse | Disrupting the VR industry
May 04, 2018, 03:00:16 PM
Meh thats not true. All investing is risky you know not just about bitcoin and we just need to underdtand how it work and we can gain a profit from it
member
Activity: 378
Merit: 10
May 04, 2018, 02:58:13 PM
investing in bitcoin is a very profitable business! if you look at the past years, how capitalization has grown, you will see that it is growing in geometric progression! so I'm sure that in the next few years the price of bitcoin can increase several times! the more it is extracted very quickly and it gets smaller and smaller!
full member
Activity: 308
Merit: 100
May 04, 2018, 02:09:45 PM
There is nothing more or less risk in case of bitcoin. It contains the same ratio of risk that the other cryptos have.As per the popularity and experience in crypto market comparatively low risk is in bitcoin, so I think its the genuine crypto.
member
Activity: 162
Merit: 14
May 04, 2018, 01:59:38 PM
It is risky to invest Bitcoin when it goes down and when it goes down, it does not go right. If you buy Bitcoin for a longer term, you may be able to profit because of price increases. But if the price decreases, you are more likely to suffer. So Bitcoin will have to invest in thinking. Investing in Ikote Bitcoin I think less risk father
full member
Activity: 308
Merit: 100
May 04, 2018, 01:10:51 PM
Bitcoin is a crypto currency, if bitcoin is dangures then all the cryptos too dangures like bitcoin. The up and downs of value based on its demand in crypto market. This risk included in whole cryptos. But we have to face this risk if you have a wish to earn more money.
member
Activity: 182
Merit: 10
May 04, 2018, 01:02:40 PM
Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.

If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.

If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).

So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
newbie
Activity: 53
Merit: 0
May 04, 2018, 01:02:06 PM
The simplest way the Average Joe can invest in Bitcoin is to outright buy some. Buying BTC today is simpler than ever, with many established firms in the US and abroad involved in the business of buying and selling bitcoins. For investors in the USA, the simplest solution is Coinbase. The company sells BTC to customers at a mark-up that is usually around 1% over the current market price.



For Americans, Coinbase has an option to link your bank account to your Coinbase wallet. This makes future payment transfers easier. The company also offers automatic bitcoin buying at regular intervals. For example, say you want to buy $50 in bitcoins every 1st or 2nd of the month, right after you get your paycheck. You can setup an auto-buy for that amount on Coinbase. Take into account a few caveats before you start using this service. If you issue an automatic buy order, you will not have control over the price at which the BTC is bought. Next thing to note is that Coinbase is not a bitcoin exchange, you are buying/selling your coins directly from the firm, which in turn has to source them from other buyers. This creates issues or delays when executing orders during fast market moves.
legendary
Activity: 2576
Merit: 1655
May 04, 2018, 12:57:11 PM
No, I don't think investing in bitcoin is dangerous. However it could be dangerous in terms of your money because it is not all the time your investment is profiting. So that I could say it would be dangerous to invest in a huge lump sum amount of money.

Yes. that is the risk that you to have to take and understand. How many newbies FOMO during the December peak? A lot. And how many got burned when the price plummeted in the last 3 months?

So its really dangerous if you don't know how and why are you investing on it in the first place. Don't think that its a quick rich scheme because its not, otherwise if you have that kind of mindset, then you will end up losing more.
sr. member
Activity: 420
Merit: 250
May 04, 2018, 12:50:44 PM
No, I don't think investing in bitcoin is dangerous. However it could be dangerous in terms of your money because it is not all the time your investment is profiting. So that I could say it would be dangerous to invest in a huge lump sum amount of money.
hero member
Activity: 1190
Merit: 534
May 04, 2018, 12:24:22 PM
Bitcoin is a payment system that provides some more benefits as compared to that of traditional payment systems. It is not the instrument to earn speculative gains in the first place but still, most of us are doing it. This technology is still in the early phase of development and no is sure what is going to happen down the road so it is strongly recommended to invest not more than the loss-bearing capacity of the investor. Investing in Bitcoin without taking any information is more dangerous than investing in Bitcoin after knowing all the possibilities including 100% loss.
member
Activity: 406
Merit: 10
May 03, 2018, 03:57:21 PM
I do not see anything risky and dangerous in bitcoin. If you choose a competent strategy of earnings and correct, safe storage, then your earnings using cryptocurrency will be successful.
member
Activity: 322
Merit: 10
May 03, 2018, 03:49:31 PM
Of course there are certain risks, but if you want to make good money, then you need to accept these risks. But I've been investing for years, and so far everything's fine.
member
Activity: 322
Merit: 10
May 03, 2018, 12:09:27 PM
In my own point of view, i look in these both bitcoin and ethereum as good coins for investment, i am not particularly using it or anything else but i bought it for trading purposes only, and my bet is always bitcoin because this is the safest investment. ETH is also good and if i have extra more money to invest, i love to buy also this coin.
newbie
Activity: 78
Merit: 0
May 03, 2018, 12:04:22 PM
Why not you can undoubtedly  invest your money in Bitcoin because bitcoin is first decentralized and digital currency. nowadays bitcoin is most popular and most valuable all over the world. I think you should not say Bitcoin dangerous and its risky.Bitcoin price is now increasing and bitcoin has a bright future and bitcoin will be $25k in this year.
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