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[Yugocean]

The crypto world has just learned that the Kingdom of Bhutan is investing its wealth in crypto currency. But Forbes has used the word dumping instead of investing.

Bhutan is a tiny landlocked mountain nation located between India and Tibet (China).

The crypto world is excited over this news, reported by Forbes, that one more country is involved in crypto.
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But additional information has been found indicating that Bhutan has invested more than $2 billion in Celsius and Block Fi.

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[Medo24]

Bhutaneses should be richer now if they had taken advantage of this opportunity back then. With consistent halving that Bitcoin has witnessed made it mining to be pretty difficult.

 

[Yugocean]

They really earned a lot if they spend so much time mining. After all, there was a time when bitcoin was worth more than 60,000 thousand dollars, and even stayed at this mark for some time. Everyone plays these games on their own. There is no point in divulging what really is.

As far as is known, Bhutan has been interested in bitcoin ever since its value was around $5,000. It is clear from this that Bhutan has borne both the value addition and the loss. It depends on what Bhutan uses its BTC for.

 

[Wisdom01]

Some countries government have seen that they can benefit off Bitcoin mining ,so they are definitely currently placing interest on it , hoping they would be able to actually earn off the system at some certain point in time

 

[Oluwatoyin]

It is important to approach cryptocurrency investments with caution, as they are known for their volatility and lack of regulation. Cryptocurrency investments can carry significant risk, and it is important for investors to do their own research and understand the potential risks before investing.

 

[Wisdom01]

It is important to approach cryptocurrency investments with caution, as they are known for their volatility and lack of regulation. Cryptocurrency investments can carry significant risk, and it is important for investors to do their own research and understand the potential risks before investing.

I think it's good to understand what it takes to trade crypto currency , before investing in it , it's good to understand how it works and take precautions , the volatility could be fluctuating in different ways

 

[Niftyicon]

I think it's good to understand what it takes to trade crypto currency , before investing in it , it's good to understand how it works and take precautions , the volatility could be fluctuating in different ways

I would think that such Kingdom would employ some sort of DCA in its cryptocurrency investments. They are likely to be aware like the rest of the world that volatility is a feature of Bitcoin and the likes. I believe Bhutan has that understanding already.

 

[Wisdom01]

I would think that such Kingdom would employ some sort of DCA in its cryptocurrency investments. They are likely to be aware like the rest of the world that volatility is a feature of Bitcoin and the likes. I believe Bhutan has that understanding already.

Volatility is actually a big factor in cryptocurrency investment ,the nature of cryptocurrency in the first place us actually been affected most of the time by huge volatility that have affected the price

 

[Wisdom01]

Volatility is actually a big factor in cryptocurrency investment ,the nature of cryptocurrency in the first place us actually been affected most of the time by huge volatility that have affected the price

Volatility is really a big factor when it comes to cryptocurrency investment ,some traders want to trade ,but the huge volatility of cryptocurrency asset seems to be a big problem for them in different ways actually

 

[Riberet19]

Volatility is really a big factor when it comes to cryptocurrency investment ,some traders want to trade ,but the huge volatility of cryptocurrency asset seems to be a big problem for them in different ways actually

Honestly the more capital you have the less you want to deal with volatility because imagine that you have 100,000 dollars to invest, many crypto assets can in a few weeks make you lose a lot of all that investment, for example if you invest $ 1000 maybe it is not so much problem, but I really understand that volatility for many people is something they do not want to go through.

 

[Medo24]

Honestly the more capital you have the less you want to deal with volatility because imagine that you have 100,000 dollars to invest, many crypto assets can in a few weeks make you lose a lot of all that investment, for example if you invest $ 1000 maybe it is not so much problem, but I really understand that volatility for many people is something they do not want to go through.

If you're having a use assets like $1000 it is not ideal for you to investors in cryptocurrency assets without a strong signal and even you have a strong signal you shouldn't put the whole of that money into it but we such amount you can run arbitrage.

 

[Riberet19]

If you're having a use assets like $1000 it is not ideal for you to investors in cryptocurrency assets without a strong signal and even you have a strong signal you shouldn't put the whole of that money into it but we such amount you can run arbitrage.

I did not mean that if you have $1,000 or $100,000 expressly as general capital, I was saying if you have that amount available to invest in crypto, if you have $1,000 maybe volatility does not matter so much because you want to seek to have very large returns and you are not so much affected by volatility because that is what can give you the great returns, but in the event that it is the other amount mentioned, perhaps the volatility does affect you something else and you want to protect the capital and make it grow organically instead of risking so much in crypto.

 

[Medo24]

I did not mean that if you have $1,000 or $100,000 expressly as general capital, I was saying if you have that amount available to invest in crypto, if you have $1,000 maybe volatility does not matter so much because you want to seek to have very large returns and you are not so much affected by volatility because that is what can give you the great returns, but in the event that it is the other amount mentioned, perhaps the volatility does affect you something else and you want to protect the capital and make it grow organically instead of risking so much in crypto.

Regardless the amount you might be willing to invest into cryptocurrencies volatility will have impact in them because that is what brings about profit or loss. If you invest $100 on a coin and the coinbase by 2% that means you've already make $2 profit but if it is $10 that is invested you will be making $0.02.

 

[Wisdom01]

The market volatility is really thus high for some time now and this is actually a bit big worry to those that want to invest , they must understand the scheme of investing in the first place not to lose all the money they have

 

[Gamer01]

you are doing spam mate , and are risking loosing your account you can properly work and can earn a passive income if you want to do things properly I hope you do give an ear to what I am advising you and stop spamming the forum out it just creates mess for everyone.

 

[IB DD]

If Bhutan with it's abundant hydro power utilizes it for mining crypto, it would help in expanding the scope of crypto mining. That alone could provide alternative sources of employment for the youths. I think this foray into crypto by Bhutan would help boost the economy.

 

[Medo24]

Since China stopped cryptocurrency mining activities, other countries are not encouraged to engage in it. But if Bhutan can explore the opportunities that mining can afford in building its economy it will be a wonderful decision. This will also give them an edge in the cryptocurrency market and decision-making

 

[GoldenLady]

While this was a joke to some people when it happened, I'm sure that country is now up to 50% up in its investment.

Instead of fighting crypto, it would be better for countries to see how they can maximize its potential benefits.