Money Talk

investing in bitcoin

Submitted by imthapwn, , Thread ID: 127753

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RE: investing in bitcoin

#6
You shouldn't invest in a currency. It's a way to exchange commodities, not storage value. Just because it has value doesn't mean speculating about its value will be wealth - even if the price rises. The economics behind it are pretty complicated, but you're not really investing when you're buying bitcoin, as people are not really investing when they buy Yen as well.

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