Money Talk

Is it even worth investing into Bitcoin?

Submitted by Tonzinio, , Thread ID: 172213

Thread Closed
17-05-2020, 04:27 PM
#1
I am wondering, is it still worth it investing into Bitcoin? And if, how much would you actually need to invest to have it pay off.

RE: Is it even worth investing into Bitcoin?

#2
It's just a sensation. Other than that I can't find any value in it

RE: Is it even worth investing into Bitcoin?

#3
There is a lot of money in cryptocurrency, but investing in bitcoin is a different matter. No matter what you do you need to do a lot of research and watch the market, invest carefully and don't go investing money unless you can afford to lose all of it.

RE: Is it even worth investing into Bitcoin?

#4
It is a high risk investment option. If you can't take a risk then it is not for you and also you missed the chance to buy at a cheaper price. I started investing when BTC prices were around a couple of hundreds and today thousands.

RE: Is it even worth investing into Bitcoin?

#5
to this date i have lost a lot of money investing in crypots friend, i will say dont expect what you are not willing to lose

RE: Is it even worth investing into Bitcoin?

#6
if ure willing to play the long game and have the money to spare, go for it. If u're broke and can't afford to lose any money, then i would advise against it.

RE: Is it even worth investing into Bitcoin?

#7
everyone thinks they can time it sell high and buy low, but there is no pattern to it. its gambling, but why not?

RE: Is it even worth investing into Bitcoin?

#8
It's also not too late to start investing. I think about a year and a half ago, 1 BTC was like 5.5k USD? now its around 9.7k USD. Unless u get hacked, u dont actually lose ur money when the prices go down on BTC. You only lose once u sell below wat u initially paid

RE: Is it even worth investing into Bitcoin?

#9
always print off your btc and keep it somewhere safe. dont even have the keys on a device. never leave them in an exchange

RE: Is it even worth investing into Bitcoin?

#10
Do not invest money more than you can afford loose. A month ago when the stock market crashed, bitcoin's value shrank to USD7700, but now it recovered. It is almost USD9500. If you had bought after the crash, you could gain a lot.
There are some market speculation on some alt coins' rise of value. Etherum and Bitcoin Cash are among those. But do your research. Study trends of the economy.

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