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Topic: Why bitcoin is a LONG TERM investment and NOT for the faint hearted. (Read 1971 times)

newbie
Activity: 25
Merit: 0
This is a very clear and clean cut thread to open up everyones eyes about Bitcoin investing.

You need to open your eyes to REALITY and realise NO STOCK will grow to $1,000,000 in one day, or one week, but takes time. So why would bitcoin? Even better than this, is bitcoin a company? Bitcoin prices DO NOT rely on company performance hence dramatical rises and falls so it is NOT a company, it is a commodity like gold.

Gold does not boom in price one day then drop the next, gold is a long term investment, as is bitcoin. People need to realise this BEFORE you all invest and then panic sell, or in this guys case, cry because he lost his grandma's investment:


Now another thing, to anyone who is smart you will see that bitcoin is RISIG in price. Check this out:

https://i.imgur.com/8KGzvBK.png

a one year growth, of over 300%. And you have to DISQUALIFY mtgox's market dictation so your excuse of "bitcoin was fallen 300% as well" is actually invalid.

BITCOIN WILL GROW, you need to be PATIENT. My recommendation is clear your coins into a paper wallet, print it, put this paper wallet in a time locked safe for 2 years and BURN YOUR COMPUTER (or wipe OS) and then come back in two years with anothe 600% if the trend remains which may be unrealistic but I'm sure will be a bright trend for the future.

I hope you all wake up, and keep faith in bitcoin instead of complaining. in the meantime my coins are safe and i'm keeping my fingers crossed Smiley
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