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[JimAndres]

I am thinking does anyone look to bitcoins seriously? I personally think that it is just a bubble and one day it will burst. Does anyone think differently and why? Thank you

 

[MrPanzer]

Everybody understand that BTC is a risky investment, but you can use it for earning money. So why it is not a serious investment, like investing in stocks of Apple, Amazon or Google.

 

[hemendrasingh]

Bitcoin is making news as its price makes new highs every day. Before you plan to invest in Bitcoin you should explore the below important points:

• Are you ready to invest in a product which has no sovereign guarantee by a government and which is not backed by any regulatory body?
• It is not clear whether Bitcoin is a currency or a commodity.
• Bitcoin has shown tremendous growth, but it is more of a speculative growth rather than a stable growth that an investor looks for.
• Would you like to invest in an instrument which is highly volatile?
• There is no agency which verifies or approves its authenticity and security.
• There is a lack of clarity on the taxation of bitcoin income in India.

The purpose of investments should be to achieve your financial goals. If you have an adequate income, then there are several investment instruments available in the market that can help you achieve your goals easily.
It is therefore not recommended that you take unnecessary risks by investing in an instrument which is not yet verified, tested or backed by the government. Until the government clears its stand, it's better to stick with the traditional investments rather than investing in Bitcoin.

 

[tusziget]

You can easily buy and sell cryptos if you have a verified wallet.It depends on your country as well, what options are at your disposal, as some countries are offering more liquidity.If you are buying a larger amount of Bitcoins it is recommended to store them in a secure, preferably in a hardware wallet.

 

[hemendrasingh]

You can easily buy and sell cryptos if you have a verified wallet.It depends on your country as well, what options are at your disposal, as some countries are offering more liquidity.If you are buying a larger amount of Bitcoins it is recommended to store them in a secure, preferably in a hardware wallet.

I totally agree with your thought but can you please tell me which wallet will you prefer to store yours in hand Bitcoin.

 

[shunvlair]

I am thinking does anyone look to bitcoins seriously? I personally think that it is just a bubble and one day it will burst. Does anyone think differently and why? Thank you

id do take it seriously however there is always a possibility that it may just disappear on day, but when it comes to investments using bitcoin i take it seriously

 

[karthik999]

yes bitcoin can be the serious investment. It all depends on when you buy or when you sell your bitcoins. At present time , its best to sell your bitcoins because bitcoin is pumping up , or you can take risk and wait till bitcoin exploded to 15k$ and then sell bitcoins , but thats a risk , because it can again come down to 4k$. Before 10 years , bitcoin was just 5 cents , and now its 8k$ , once it touched 20k$ too in december 2017 , so bitcoin can be a serious investment.

 

[Tereny]

I have found a company where no huge investments are necessary – they analyse and select the data by themselves and finally double the invested sum. Theoretically, the user can invest more and more every time. Should we believe them?

 

[elyub]

This question is complicated. People might say that the start with a little start-up capital makes no sense and you would simply lose your time. However in theory this variant might work out. What's the name of a company?

 

[Tereny]

That's exactly what I'm thinking about. I believe I shall try it with profitdaily.

 

[nemal5]

Investing in Bitcoin is just like investing in forex and stocks. It's all based on luck and speculation. Invest what you can afford to lose.

 

[cryptohub123]

Bitcoin is a serious investment when the bitcoin rises in value so much like now , but be aware of many ponzi and scam sites before you invest .Just hold your bought bitcoins and sell them now or wait more until bitcoin reaches 10k$. Never invest in ponzi schemes that promise you to double your bitcoins.

 

[Myer Mische]

Well in my opinion it depends upon the person who is dealng with investment using Bitcoin.Every seconds or a minute Bitcoin price goes up and down.As for myself who very new to this aspect I don't get myself taking this a serious investment.Yes I may hold some it but I will not take risk for investing. It's not because I'm a coward person but for the reason that I don't want to take risk what I have for a volatile thing like BITCOIN.

 

[KarthikP]

Yes it is a serious and worthy Investment according to me. I have personally invested $100 in Bitcoin some time ago and gained like 70% return by holding BTC for long term.

 

[hibi3454]

I guess you can because many people have become millionaires due to investing bitcoins, but the problem is that you can't be using BTC for everyday transactions because of the high fees charged on every transaction.

 

[SCAMEXPOSER]

Bitcoin charges or fees for transactions are not that high if you know the right time to transact that is early part of the day or late night when network won't be overloaded. It is also a profitable investment if you know the right tools and time.

 

[KarthikP]

Now that coinbase has launched bitcoin transaction batching , the transaction fees is not so high though. You can also use trust wallet to set your own bitcoin fees as low as possible.

 

[Bilalgul]

Bitcoin is the best investment and you can check it anywhere in any article many renowned magazines have also classified Bitcoin to be the best investment over the past 10 years