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Author Topic: Is it smart to invest in Bitcoin?  (Read 2242 times)

Offline Crypto_Somrat

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Is it smart to invest in Bitcoin?
« on: October 17, 2020, 06:16:30 PM »
You can easily trade bitcoin for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with bitcoin makes it a great investment vessel if you're looking for short-term profit. Digital currencies may also be a long-term investment due to their high market demand.

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Is it smart to invest in Bitcoin?
« on: October 17, 2020, 06:16:30 PM »

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Offline vegasus

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Re: Is it smart to invest in Bitcoin?
« Reply #1 on: October 17, 2020, 11:41:36 PM »
In my opinion, you are a good ivestor if you:
- Investing in good and trusted coin, such as BTC, ETH, and also other top coins that have good circulationa nd value in the market, moreover those that have products real use.
- You don't follow for hype investment, such as now investing in DeFi project only following the hype
- Diversfying your funds into several trusted and legit coins, it means thta you don;t put all your funds in one basket. It is to minimlize being lost in one basket

Offline Rakin343

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Re: Is it smart to invest in Bitcoin?
« Reply #2 on: October 17, 2020, 11:45:16 PM »
In my opinion, you are a good ivestor if you:
- Investing in good and trusted coin, such as BTC, ETH, and also other top coins that have good circulationa nd value in the market, moreover those that have products real use.
- You don't follow for hype investment, such as now investing in DeFi project only following the hype
- Diversfying your funds into several trusted and legit coins, it means thta you don;t put all your funds in one basket. It is to minimlize being lost in one basket
A new investor can invest in Ethereum, bitcoin and Binance coin because it has a secure and has possibility to recover losses.
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Re: Is it smart to invest in Bitcoin?
« Reply #3 on: October 17, 2020, 11:56:06 PM »
Of course. Why not? BTC is the most trusted coin in the crypto wolrd. It has big volatility, but it always gives us exact thing about profits if we know how to invest in the right moment and also trading wisely. That is why I mostly invest my funds in BTC and some in top cryptos.

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Re: Is it smart to invest in Bitcoin?
« Reply #4 on: October 18, 2020, 01:13:21 AM »
Bitcoin liquidity is undoubtedly, as the first ranked coin on the coinmarketcap bitcoin can be an investment choice for the long term, I don't agree if it is a short-term investment, because it tends to make investors panic more easily and the results you get are not optimal.

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Re: Is it smart to invest in Bitcoin?
« Reply #5 on: October 18, 2020, 03:25:31 AM »
You can easily trade bitcoin for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with bitcoin makes it a great investment vessel if you're looking for short-term profit. Digital currencies may also be a long-term investment due to their high market demand.

Bitcoin is still Worthing for Investment. You can buy more when the bitcoin price low the hold it. Because I have read many people have predicted bitcoin will have promising future. Bitcoin price is $ 11,373 today. Many predictions at this forum said bitcoin will more valuable at the end of this year, has predicted will hit $15K.
I think bitcoin has potential to grow. Don't worry to Invest in bitcoin, bitcoin is still the King of crypto currency, not scam.
But you should buy and sell at the right time.

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Re: Is it smart to invest in Bitcoin?
« Reply #6 on: October 18, 2020, 06:45:25 AM »
You can easily trade bitcoin for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with bitcoin makes it a great investment vessel if you're looking for short-term profit. Digital currencies may also be a long-term investment due to their high market demand.

Bitcoin is still Worthing for Investment. You can buy more when the bitcoin price low the hold it. Because I have read many people have predicted bitcoin will have promising future. Bitcoin price is $ 11,373 today. Many predictions at this forum said bitcoin will more valuable at the end of this year, has predicted will hit $15K.
I think bitcoin has potential to grow. Don't worry to Invest in bitcoin, bitcoin is still the King of crypto currency, not scam.
But you should buy and sell at the right time.

always have to analyze well and I agree that bitcoin is still the best coin so far and is very suitable to be used as an investment both long and short term. it depends on you analyze it precisely because bitcoin changes very quickly. but there is no need to panic and fear because bitcoin will grow rapidly. I agree that bitcoin deserves to be an investment.
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Re: Is it smart to invest in Bitcoin?
« Reply #6 on: October 18, 2020, 06:45:25 AM »


Offline Alcor

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Re: Is it smart to invest in Bitcoin?
« Reply #7 on: October 18, 2020, 07:55:35 AM »
Investing in bitcoin has a special meaning now.
Firstly, the fourth quarter of the year has begun, when the cryptocurrency market is traditionally growing in value.
Secondly, almost six months have passed since the last halving, and we hope that soon bitcoin will begin to rise in price, since this effect manifested itself about a year later.
Thirdly, recently, the capitalization of bitcoin, after some stagnation, begins to grow. For a long time, its capitalization was at about $ 200 billion. In recent days, it has risen to $ 210 billion, which indicates an increase in demand for it, including in connection with the expected price increase.

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Offline damsix

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Re: Is it smart to invest in Bitcoin?
« Reply #8 on: October 19, 2020, 03:24:01 AM »
It is very difficult to trade with Bitcoin because today it is rising in price and tomorrow it will go down again.
Our emotional level is decisive and if we are not strong enough to control our emotions the results will be very dangerous.

Our assets such as houses, cars, land, motorbikes and even wives can be sold if we are not strong enough to withstand cryptocurrency trading.
retire and rest in peace

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Re: Is it smart to invest in Bitcoin?
« Reply #9 on: October 19, 2020, 10:34:15 AM »
It is very difficult to trade with Bitcoin because today it is rising in price and tomorrow it will go down again.
Our emotional level is decisive and if we are not strong enough to control our emotions the results will be very dangerous.

Our assets such as houses, cars, land, motorbikes and even wives can be sold if we are not strong enough to withstand cryptocurrency trading.
If only bitcoin had a lot of price movements and fast it would have been better for trading, but if there was no such thing it would be very difficult to profit from bitcoin.

 

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