Is is even smart to invest in bitcoin

Right now, it's not. I suggest ETH since it will be more useful in the future. Bitcoin is pseudonymous, which defeats the privacy. Although it is decentralized, it wouldn't be for the future.

26-06-2018, 08:28 PM

codmasterpsn Wrote: it doesnt seem that smart because what if it dies off and u wasted money

nut wite no

If you really believe it will never ever be higher than it is now (which is very very unlikely given how long it has been around, the adoption and the thousands of developers working with it) then don't invest

I wouldnt right now. The market is too unstable. That could change anytime tho.

I'm not going to give advice on that. In even the best-case scenario, Bitcoin is incredibly risky ... so if you do invest, you should go in expecting to lose all of it.

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Wouldn't recommend in investing in bitcoin at all. Want to make profit, Trading on a regular is the way.

I did invest $200, just testing the market and found out you need to be on alert when investing. out of 200 I got 2.85% profit which is 205.8 and I think I will sit on that for a while.

I think bitcoin is a bubble just a hype made by its originators and early investors. Don't invest.

26-06-2018, 08:28 PM

codmasterpsn Wrote: it doesnt seem that smart because what if it dies off and u wasted money

It is very unlikely that Crypto currencies will lose their value in a while.But, that does not mean that you should invest your life savings on it.
Investment is all about risk management.You should not invest money that you cannot afford to lose.

Although the market is running on speculation at the moment it will take years for the market to stabilize.