First how does Bitcoin operate? Bitcoin it's a digital currency uses Blockchain technology to support transactions between users. If you know how Bitcoin operates then you will also know the consideration that comes with. And critics say Bitcoin doesn't work as a currency, Citing volatility use in illegal activity, but supporters argue that it's too early to make some of these claims, is already fixing many of those concerns. I know their are so many things to be consider with when it comes to anything investment. Mostly concerning the highest exchange in the world. So what are your opinion towards the people that are investing in Bitcoin?
So when investing in Bitcoin you dont need to consider whether some people use it for
illegal purposes or that it doesnt operate as a currency, they are irrelevant considerations.
What newcomers should be considering on a basic level is that there is not going to be
a 100x profit and profits will take time depending on what way the investment is done,
like by trading and/or DCA. Other considerations are at what stage in Bitcoins cycle
the investment is starting and how long you are willing to wait.
So what are your opinion towards the people that are investing in Bitcoin?
I dont have an opinion about other people, they are free to use Bitcoin as they see fit
for themselves.