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Topic: why stock traders are denying to invest in cryptocurrency in india (Read 276 times)

member
Activity: 336
Merit: 14
stock market is controlled by SEBI and govt regulated , but bitcoin type cryptocurrencies are independent and not comes under govt , so people thinks it can be risky to invest in such thing ..
however personally i dont think bitcoin will be drop dramatically in future , many people adopted this idea . so you can invest small amount in it if you find it risky .
full member
Activity: 812
Merit: 142
hi! i am stock trader too most of my friends and family who has been invest in stock market for years are clearly saying to not to invest in BTC .
they say this amount of volatility is not good for investing . is that true?

Well yes it is volatile which is the fact and it is not authorized or governed by any body as against the stock market. So it is a risk that you would be taking by investing as compared to the stock market. But the upside is also too much in btc. You can just start with a very small amount to test it and then see how it goes for you.
newbie
Activity: 56
Merit: 0
hi! i am stock trader too most of my friends and family who has been invest in stock market for years are clearly saying to not to invest in BTC .
they say this amount of volatility is not good for investing . is that true?
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