Money Talk

is it advisable to buy bitcoins?

Submitted by flexmax, , Thread ID: 45846

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RE: is it advisable to buy bitcoins?

#19
I see advisories all over cautioning people against crypto currencies. Here is one in the Financial Times:
https://www.ft.com/content/99fdd3e4-1821...c814761640


I've also heard that there has been a major correction. How safe is it really? Like how can someone recommend to another person to buy it when major financial institutions and investment firms are cautioning against it?

Quote:The wild swings in the value of Bitcoin and other cryptocurrencies lately should reinforce the idea that they are not sound long-term investmentsand that investors should only buy as much as they can afford to lose.
Source: http://time.com/money/5166425/ethereum-r...investors/

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