https://www.livebitcoinnews.com/4-in-10-americans-will-never-invest-in-bitcoin-says-latest-crypto-study/I've known some few friends who are into forex and stock investments. When they've learned that I engage myself into crypto trading and investments they discouraged me due to bitcoin's price volatility and unpredictable fluctuations. All I can say to them is that I only invest an amount that I can surely afford to lose and taking huge risks will definitely compensate you good returns as well. I bumped into this article saying that 4 in 10 Americans will never invest in bitcoin, which is somewhat realistic but still history can really tell that bitcoin has changed lots of millennials who took the risk and profited when bitcoin value skyrocketed to almost $20k last year.
So with this article it shows that there is still high percentage of Americans that is willing to take risks to invest in bitcoin just to make some good profit in the near future. What are your thoughts regarding this one? Share me your thoughts.
First of all isnt this " High risk results to high rewards" obvious ?
But your story is werid since forex traders basically live off violaty and one of the chracteristics of forex traiding is the possibilty to leverage your trades. And this is needed if one wants to make money on daily or even weekly basis, without leverage you have to have a ton of liqudity in order to make some money. Since usually forex markets have low violaty they need to use this leverage. Now to contradiction, how they can tell that crypto is to much fluctuations when they are forced to use leverage in Forex in order to make some money from calm markets.. for me it seems the smae thing.