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    Author Topic: Investing in BTC  (Read 1014 times)

    • wawang (OP)
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    January 10, 2018, 01:16:19 PM
     #1
    I heard that investing in bitcoin is dangerous. How true is this?  Huh

  • btcgreen63
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    January 10, 2018, 01:18:09 PM
     #2
    IMHO, it is best to think of it as a highly volatile commodity and treat it as such, for now.

  • Sundark
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    January 10, 2018, 01:41:09 PM
     #3
    Investing in Bitcoin is less dangerous than investing in ICOs. Bitcoin is relatively stable cryptocurrency. Its price fluctuation in percents is not that big. Only concern about Bitcoin is that it's not growing in last weeks, so for now you won't earn anything or maybe will even loose some money. I'd better look at some promising altcoins.

  • nioctiB#1
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    January 10, 2018, 01:49:17 PM
     #4
    Quote from: wawang on January 10, 2018, 01:16:19 PM
    I heard that investing in bitcoin is dangerous. How true is this?  Huh
    It is risky because you will never know when the price will go up or when will it go down. that is why most people are saying that it is better to wait for the price correction before investing in bitcoin. but for me it is also good to invest in bitcoin even the price go up already if you will decide to invest in long term it will still give you profit. investing in bitcoin is only dangerous if you dont know how to keep it safe.

  • Reid
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    January 10, 2018, 01:54:54 PM
     #5
    It is true.

    There is a risk involved so you will have to be courageous to continue.
    If you are not used to this kind of dangerous things then you might want to stop for a second and think again.
    But if you do have experience with forex then I guess you know what danger is glued to this kind of investments.

  • Swoshinima
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    January 10, 2018, 02:01:20 PM
     #6
    There's a risk, so always remember that you just invest what you can afford to loose. But if you do so, it's an awsome opportunity to get much more money!

  • pankowri
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    January 10, 2018, 02:03:51 PM
     #7
    Investment in BTC is very safe in my opinion.BTC is really trust-worthy place.Many people have benefited from the investment here till now.Even now all the money is safe.It turns out that it is safe to invest BTC from another place.

  • pawanjain
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    January 10, 2018, 02:11:02 PM
     #8
    Every thing has some positive sides and some negative sides. Not only Bitcoin but every investment has some kind of risk involved in it.
    Investments are subject to risks and without risks you can't earn more money. Bitcoin is highly volatile in nature and this why there are many people saying Bitcoin is a risky investment. But the thing is that although there are risks, the opportunity of making profits are more than that.
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  • Lodipetmalu
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    January 10, 2018, 02:11:07 PM
     #9
    It depends on how you manage and take it. Bitcoin has no safety mechanisms. Typically, you'll get a private key or random words which protect your wallet. If you lose your key, your funds will be gone with it. There's no support to contact, no way to change the password, and no way you could verify your identity to get your account back. When it's gone - it's gone, there's nothing anyone can do. But bitcoin never dangerous.

  • arteezyy
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    January 10, 2018, 02:39:24 PM
     #10
    I don't think dangerous is the right term to use. It must be risky. Investing in bitcoin is risky because its value is fluctuating. No one can predict if its value will go up or down.

  • prodigys
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    January 10, 2018, 03:02:42 PM
     #11
    ofcause it is. i only invest 1 % of mine money in it

  • Nhebu
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    January 10, 2018, 03:10:10 PM
     #12
    Quote from: wawang on January 10, 2018, 01:16:19 PM
    I heard that investing in bitcoin is dangerous. How true is this?  Huh
    Bitcoin is the top 1 in the list of cryptocurrency and it is impossible that it is a shitcoin. I think it is dangerous in a way that you may not earn profits if its price instantly goes down. I think those people who are saying that did not know the essence of bitcoin or they are scared that bitcoin will fall.

  • cybersofts
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    January 10, 2018, 03:12:21 PM
     #13
    Quote from: wawang on January 10, 2018, 01:16:19 PM
    I heard that investing in bitcoin is dangerous. How true is this?  Huh
    Investing money in to bitcoin is not dangerous. Just plan to invest for long-term that is the secret.
    The people that invested money in bitcoins 3-5 years ago are now millionaires, that is what you too should plan for.

  • rphk
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    January 10, 2018, 03:19:56 PM
     #14
    Investing in BTC is safer than alt coins, because alt coins are more volatile where bitcoin grows steadily, in the last two years bitcoin price was around $1300 now it is up to $14000, it shows that bitcoin is safer and not dangerous . Bitcoin is first crypto currency among all other crypto coins and has become popular world wide.
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  • cosmicart
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    January 10, 2018, 03:27:54 PM
     #15
    Bitcoin is the mother of cryptocurrencies. and the most stable. so it is even safer to invest in bitcoin than ICOs

  • laowang666
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    January 10, 2018, 03:31:02 PM
     #16
    COINS can be thought of as a kind of investment, the investment is risky, if you want to get high returns, will have to bear the corresponding risks, if you want to get a high return and don't want to get risk I think this is impossible

  • Ridwan Fauzi
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    January 10, 2018, 03:52:22 PM
     #17
    Exactly yes, Investing in bitcoin is very risky and dangerous. You may lose your assets without any compensation. Then bitcoin price is very volatile, you can lose your money within a few days otherwise you can get rich in few days.

    But, up to the present people who are investing in bitcoin no one loses, it all makes a profit. As a suggestion, if you want to invest in bitcoin do with a little bit, don't put all your money in bitcoin. I want to say, investment in bitcoin is dangerous if you don't know about bitcoin.

  • zais
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    January 10, 2018, 03:53:30 PM
     #18
    Quote from: wawang on January 10, 2018, 01:16:19 PM
    I heard that investing in bitcoin is dangerous. How true is this?  Huh
    Although there are many investments in PONZI schemes, there are also safe bitcoin mining investments. Safe investment does not mean fast profit or ROI quickly. In general, bitcoin investment will benefit after 12 - 16 months.

  • bit-freedom
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    January 10, 2018, 03:58:17 PM
     #19
    Yes, investing in bitcoin carry certain risks. It is either you make lose money. In fact, all investments come with risks. But I don’t see an investment pay as well as crypto.

  • zahed
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    January 10, 2018, 04:04:06 PM
     #20
    Quote from: wawang on January 10, 2018, 01:16:19 PM
    I heard that investing in bitcoin is dangerous. How true is this?  Huh
    Yes, Bitcoin & any online investment always something risky mind it.Specially BTC price is not stable digital currency.So anytime price will be increased & falling down.But i think BTC investment is valuable for future.
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