Topic: Is libra (from facebook) will be a good invest ? - page 2. (Read 450 times)
haven't heard any news about the libra coin since it was announced. for me its a no for investment, id rather invest in other altcoins than with this one
Hello, I was wondering if investing in facebook libra when it comes out would not be a great idea for a quick profit. What do you think ?
Libra coin is their biggest and first venture in the Cryptocurrency, they will do everything to make it a huge success, because they are not only competing with Bitcoin, they are also competing with China and since they have the means and the resources they can make it into the top 10 in a short period of time.
From what I have heard so far, it will be a stablecoin, you can't "invest" into a stablecoin. What you may never know and should have learned by now is that, it will be kinda like "1 libra= 1 dollars" so all in all no matter how much libra you buy, it will never go up.
However, it is of course a good idea to have as much of it as possible when it first comes out and then promote it everywhere you go, try to ask people if they accept libra, ask online places if they will have option of payment in libra, basically promote it for mass adoption. If you do that and Libra gets adopted by a lot of people, you will realize that bitcoin and all other coins will go up as well because libra being used means there is a bigger door opened to public from the door libra opened.
However, it is of course a good idea to have as much of it as possible when it first comes out and then promote it everywhere you go, try to ask people if they accept libra, ask online places if they will have option of payment in libra, basically promote it for mass adoption. If you do that and Libra gets adopted by a lot of people, you will realize that bitcoin and all other coins will go up as well because libra being used means there is a bigger door opened to public from the door libra opened.
Hello, I was wondering if investing in facebook libra when it comes out would not be a great idea for a quick profit. What do you think ?
I think to get a quick profit Libra is not a suitable coin but maybe you can choose Bitcoin to make a quick profit. while this Libra coin has still not yet been launched and we still don't know the performance of this coin. i think for now you better choose to invest in Bitcoin before Libra is launched because Bitcoin is more suitable for long or short term investments than Libra.
The libra project is taking a long time to launch. It's been over 9 months since we heard about the project and they have been several set backs and battles with the United States government. I actually don't know what is going on presently, but I don't see the project getting the support of the government.
Every single time in the past when a company made the own money it was shut down, it was just a matter of time. If not there is instand red flags all over the place. Secondary Facebook has people banned form there side, that is a absolute no-no everyone has a right to have money. Banning people to have money is not a realistic place to be.
The libra project is taking a long time to launch. It's been over 9 months since we heard about the project and they have been several set backs and battles with the United States government. I actually don't know what is going on presently, but I don't see the project getting the support of the government.
i certainly buy Libra because i think there is part of this that will have a good future since this is backed up by Facebook.
That if Libra is still open for sale once its launch, they don't need our money anymore, they are a big business so they can fund this project with their resources, so you can't buy and expect to get profit because most probably if we will buy, we will just use it for online transaction. 
Hello, I was wondering if investing in facebook libra when it comes out would not be a great idea for a quick profit. What do you think ?
i certainly buy Libra because i think there is part of this that will have a good future since this is backed up by Facebook.having this Big company backing up?sure Libra is a safer currency to hold like for long year since i am ready for long term holding currencies and i have been waiting for this one in years though there are some complications from Trump government yet i want it to have.
i agreed on someone hating libra or doubting this but me?i am not lol.
The Facebook libra coin has been embattled for a long time, and I wouldn't want to join the project until I'm certain that the government is in support of the project. I personally won't rush into the project upon launch or invest a very small amount.
Hello, I was wondering if investing in facebook libra when it comes out would not be a great idea for a quick profit. What do you think ?
I think every coin is good for quick profits because there must be a time that the coins is pumped by the whales and if we're knowing when the time is coming we could get profits. But for a long time i think it's not really good because the project itself is not really supported by the facebook.
Are you suggesting that this person should invest in Libra, a stable coin, because the whales will pump up the price and he will make profit? That's just no how any of this works. This coin is going to be more centered around buying into it during an all time high as a store of value in order to buy back in at a lower price. It's not something you can expect to make any profit off of by investing into it. It's going to be a stable coin. That is, if they don't cancel the failed project.
Hello, I was wondering if investing in facebook libra when it comes out would not be a great idea for a quick profit. What do you think ?
I think every coin is good for quick profits because there must be a time that the coins is pumped by the whales and if we're knowing when the time is coming we could get profits. But for a long time i think it's not really good because the project itself is not really supported by the facebook.
Hello, I was wondering if investing in facebook libra when it comes out would not be a great idea for a quick profit. What do you think ?
I think to get a quick profit Libra is not a suitable coin but maybe you can choose Bitcoin to make a quick profit. while this Libra coin has still not yet been launched and we still don't know the performance of this coin. i think for now you better choose to invest in Bitcoin before Libra is launched because Bitcoin is more suitable for long or short term investments than Libra.
Hello, I was wondering if investing in facebook libra when it comes out would not be a great idea for a quick profit. What do you think ?
Based on the information I heard, Libra coin is a Stable Coin.. so if you expect big profits in a short time, I don't think that will happen.if you want to make a quick profit, you can choose to invest in Bitcoin, Bitcoin Cash, Dash or other cryptocurrencies that have high fluctuations.
Hello, I was wondering if investing in facebook libra when it comes out would not be a great idea for a quick profit. What do you think ?
I don't think so Im willing to give you a small explanation about that and there are some points that you must know about libra
1. Libra is not an investment purpose and it's just another stable coin that is the same as USDT, USDC and other stable coins which pegged to the fiat money as a commodity that brings it the stable value and removes the volatility
2. It will be used as a daily payment system. In my opinion, if this will be used in your daily life such as pay your bill, food, shopping, etc (when you are wanna using the service in the facebook platform and it may become the main payment method)
3. Libra is not a cryptocurrency and it's much more as a digital currency just like fiat digital currency that will be issued by the government in the future.
I suppose, technically, you can make money from holding a stablecoin if the coin it is pegged to is rising in value against your native currency. But realistically there isn't going to be much movement unless something catastrophic is happening in your own economy.
... but you should avoid Libra for the reasons I gave above.
... but you should avoid Libra for the reasons I gave above.
Quote
Is libra (from facebook) will be a good invest ?
Buying 1000 worth holding it for, say 20 years getting exactly 1000 back (minus trading fees) and have massive value loss in form of inflation is investment opportunity of a lifetime. 
Lets assume every year 2.2% inflation (official average) how much value is lost in just 20 years
After 20 years the 1000 in the hand have a purchasing power of 640,88
1000,00
1 978,00
2 956,48
3 935,44
4 914,86
5 894,73
6 875,05
7 855,80
8 836,97
9 818,56
10 800,55
11 782,94
12 765,71
13 748,87
14 732,39
15 716,28
16 700,52
17 685,11
18 670,04
19 655,30
20 640,88
https://www.usinflationcalculator.com/
Hello, I was wondering if investing in facebook libra when it comes out would not be a great idea for a quick profit. What do you think ?
Quick profit ? From the beginning libra was designed to be a stable coin, and I heard there was a problem with government regulations there about the launch of this projectHello, I was wondering if investing in facebook libra when it comes out would not be a great idea for a quick profit. What do you think ?
Libra is not investment place that is one thing you should know. Did you see how USDT price movement, or another stable coins? You have to see them. It would be great if you store your money on bank account and it will be safe rather you store your money on libra.I will be prefer to choose bitcoin or another altcoins like ethereum or litecoin as my investment place. It seems like I will get a lot of profit from them. it looks like the project is only for a commodity where payments and other transactions will be good for using this coin, don't know what will happen later because i feel each coin does have a specific purpose for something that might make it easier for customers
lol that is why there are altcoin because they have own purpose of creation. 
it looks like the project is only for a commodity where payments and other transactions will be good for using this coin, don't know what will happen later because i feel each coin does have a specific purpose for something that might make it easier for customers
Hello, I was wondering if investing in facebook libra when it comes out would not be a great idea for a quick profit. What do you think ?
First, you cannot invest in a stablecoin. A stablecoin has a stable value so even if you hodl that investment of yours for 10 decades, its value will not increase. Second, Libra is not yet a project or a coin that will be launched soon. It will take a lot more time. Third, if you are not going to use it as a currency, it is not worth anything.
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