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    Thread: The Truth about Bitcoin, it's Risk. Will you still Invest in it?

    1. #11
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      kameio This needs a little more research. The number of bitcoins are still growing. There is a limit set but I am not sure about that value. But the market is so massive, I am not sure if there are any more control over the number. At the moment there are always mining to increase the value of Bitcoin

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      Every investment has its own risk so what an investor needs to learn is how to manage risks through investment diversification and chart analysis and understanding of market fundamentals, also traders should be very careful when investing in intangible products like the bitcoin.

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    6. #13
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      If I have available money I will also risk on investing in Bitcoin as long as it's under $10,000 value because going in after that exposes us to bubble crash. There is an investor who sold all his assets in exchange for bitcoin and hoping that its price will increase on 2020. His taking a great risk and breaking the investment rule of "Don't put all your eggs in one basket". http://www.businessinsider.com/man-i...itcoin-2017-10 - Man sold everything for Bitcoin.

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    8. #14
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      Quote Originally Posted by balut View Post
      If I have available money I will also risk on investing in Bitcoin as long as it's under $10,000 value because going in after that exposes us to bubble crash. There is an investor who sold all his assets in exchange for bitcoin and hoping that its price will increase on 2020. His taking a great risk and breaking the investment rule of "Don't put all your eggs in one basket". http://www.businessinsider.com/man-i...itcoin-2017-10 - Man sold everything for Bitcoin.
      OMG! Is he for real? Why would he invest all and left nothing for him during rainy days? That is pure gambling in the truest sense of the word. Why can't just he invest $1k or $100 only, why sold all assets and invest in bitcoin? Is he mad or something?
      No Guts No Glory!


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    10. #15
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      Quote Originally Posted by Warren Bafett View Post
      OMG! Is he for real? Why would he invest all and left nothing for him during rainy days? That is pure gambling in the truest sense of the word. Why can't just he invest $1k or $100 only, why sold all assets and invest in bitcoin? Is he mad or something?
      Sometimes I wonder why some people will take investments that could make them poor for the rest of their lives. Why investing everything to an uncertain currency which could depreciate in the near future. Anyway Bitcoin have been a strong cyptocurrency that have really risen from the past till now. It's a good place to invest but surely it's not investment wise to invest everything you have on one thing

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    12. #16
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      Quote Originally Posted by Warren Bafett View Post
      OMG! Is he for real? Why would he invest all and left nothing for him during rainy days? That is pure gambling in the truest sense of the word. Why can't just he invest $1k or $100 only, why sold all assets and invest in bitcoin? Is he mad or something?
      It was a decision in his life to leave everything and start a new journey living in a campsite. Its his money and he has the right to do what he want. He has the minimum to live with dignity in the campsite. Gambling its only a problem when gamblers commit crimes to support their addiction.
      Know when youre getting out before you get in. Jack Schwager


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    14. #17
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      Quote Originally Posted by Sixteen View Post
      Sometimes I wonder why some people will take investments that could make them poor for the rest of their lives. Why investing everything to an uncertain currency which could depreciate in the near future. Anyway Bitcoin have been a strong cyptocurrency that have really risen from the past till now. It's a good place to invest but surely it's not investment wise to invest everything you have on one thing
      Because some people are risk taker, and I have to say that honestly if bitcoin will rise more he can turn himself into a millionaire in no time. Everything in life is a gamble, you just have to do what you think is best for you. But on the other hand, still it's not a wise choice, hope that person has no wife or children, when the going gets tough it's gonna turn nasty.

      Quote Originally Posted by Greentrader View Post
      It was a decision in his life to leave everything and start a new journey living in a campsite. Its his money and he has the right to do what he want. He has the minimum to live with dignity in the campsite. Gambling its only a problem when gamblers commit crimes to support their addiction.
      With great innovation and great golden age era, they turn many of us a gambler, all this opportunity no matter how awesome at some point in time many lives are destroyed silently, we just don't know because not all will open up about their pain and suffering in life.
      No Guts No Glory!


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    16. #18
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      its not particularly limited to bitcoin, one should pour all his life savings into an investment it is better to invest in different platforms. However there are times what you have as your all is not better than not having anything and in this case one can just risk putting it all in a though risky but high yield investment. you never can tell the outcome may be a breaktbrough

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    18. #19
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      Sixteen The key is greed, they see people making money and they think they have strike gold. Since the beginning of mankind, we just fall into the same trap. There is nothing new here.

      Greentrader Ponzi is defined as using money in exchange for nothing. If we look into it. Cryptocurrencies are like that. But people are rushing in and it is pushing the price so high that it is hard to imagine it would fail. But when it does. it would be very bad.

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      No matter the risks that are associated with the Bitcoin trading, I will keep trading bitcoin and i will keep a lot of Bitcoin because the price will keep going up as a result of the massive interests that people seem to have about it and keep increasing the price. Bitcoin right now has reached a price of 5,800 Dollars and is still going up. Trading bitcoin for me is a huge run because i have a strong profitable strategy that i have used to trade Bitcoin for about 7 months now.

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