Should i invest in bitcoins?

Bitcoin is not alone you need to get into the crypto markets

I would stick with litecoin. You still have the volume but less risky. just my two cents

Yes you should invest in Bitcoin. Or use it as a form of currency.

Imho it's not good investment.

It's pretty much the same with gold that people can't print out of thin air, and despite it is being praised as money (ignoring how inconvenient it is), the fact that it is something people hoard makes it by definition bad money.

I don't think we'll ever get to experience a Bitcoin or gold standard anymore. Money has to have the inflationary characteristic so that it isn't scarce enough to endlessly hoard, which is something fiat does right.

I rather keep hoarding Bitcoin than spending it and there isn't much that will be able to change my mind. Even if fiat as we know it implodes, the government will issue a new form of money. Bitcoin and gold will still be ignored in that case.

01-06-2019, 06:35 AM

WildFX Wrote: I am very curious on if I should invest in a crypto currency as well. I hope someone very knowledgeable replies to this post. I just dont know where to begin with bitcoin, but I really want to get into it. I have some extra money and I want to invest in something new.

if you have extra money and want 100% safe investmentinvestinto stock but yes it's smart to invest into crypto it's becoming more and more commonand acceptable
but I would suggest ETH more than BTC

I wanted to have money to invest in bitcoins, today I do not see possibilities to realize this.

bitcoin peaked and I dont see it going back to how it was any time soon

Investing in Bitcoin is a very general term that can mean a lot of things. For example, buying and holding, trading, mining, etc. Its important to understand what it is youre investing in, and more important, to understand how the investment will work. Never invest more than you can afford to lose and educate yourself enough before getting involved in any investment. So its ok

28-05-2019, 08:50 PM

SmileDK Wrote: i have been thinking about this for a long time now, Should i invest in bitcoins?

no

I shouldnt do it now. You can betyer start with Bitcoin Mining