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❕NEWS Editor-In-Chief Of Forbes Magazine Says Bitcoin Too Volatile

NoLimits15

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The editor-in-chief of the famous Forbes magazine Steve Forbes said in a recent Youtube video that bitcoin was too volatile and gold was a much better investment. He said that the value of the dollar changes with the gold price and the supply of gold increases every year. Do you guys agree with Steve?? I mean sure bitcoin has a lot of ups and downs but it's still a good investment.
 
The editor-in-chief of the famous Forbes magazine Steve Forbes said in a recent Youtube video that bitcoin was too volatile and gold was a much better investment. He said that the value of the dollar changes with the gold price and the supply of gold increases every year. Do you guys agree with Steve?? I mean sure bitcoin has a lot of ups and downs but it's still a good investment.
Considering the trend of bitcoin this year , I don't think it is too volatile, the path it maintained gives me confidence that it is worth Investing on and gold need to have competitive commodity.
 
For me bitcoin Is still a good investment despite it's volatile ñature it can still make one have good money if the person knows how to trade with it
 
For me bitcoin Is still a good investment despite it's volatile ñature it can still make one have good money if the person knows how to trade with it
Yeah , it is the volatility that makes people to invest in it at their own risk , I would have agreed that bitcoin is too volatile if it was increasing beyond imagination but it rise and fall some times
 
The editor-in-chief of the famous Forbes magazine Steve Forbes said in a recent Youtube video that bitcoin was too volatile and gold was a much better investment. He said that the value of the dollar changes with the gold price and the supply of gold increases every year. Do you guys agree with Steve?? I mean sure bitcoin has a lot of ups and downs but it's still a good investment.
He is not the first person to make such claim. Many people after making such claims normally turn about to swallow their pride and embrace Bitcoin investment .
 
Compared to gold, the price of Bitcoin is way too volatile, this volatility is what makes it difficult to predict the price movement of Bitcoin. Gold is a more safe investment than Bitcoin but in the long run Bitcoin has more profit potential than gold
 
The editor-in-chief of the famous Forbes magazine Steve Forbes said in a recent Youtube video that bitcoin was too volatile and gold was a much better investment. He said that the value of the dollar changes with the gold price and the supply of gold increases every year. Do you guys agree with Steve?? I mean sure bitcoin has a lot of ups and downs but it's still a good investment.
Yes, It is best to invest on gold for sure because it is 100% sure your investment is safe. But in bitcoin you can say your investment is safe. For, instance bitcoin in this month touches 15,00,000 inr price bar and also in this month, it downs and become 13,50,000 inr.

Who invested much money in this field they have to lost a big amount on it. Bitcoin is not predictable.
 
Well both are rising with time and dependant on the demand law of economics when gold saw 29% spike in a week here in my country it was due to buying of people once selling got stronger it went down again so is with cryoto more demand is raising the price and is bound to keep increasing as well , bitcoin is better than gold
 
There is more attention to bitcoin now than gold this is obvious as the central banks are already launching CNBC digital stable coins. Next year will tell more about bitcoin progress.
 
But the same volatility is what attracts investors.

The thrill of making gains when the price rises makes the risk worth taking.
 
But the same volatility is what attracts investors.

The thrill of making gains when the price rises makes the risk worth taking.
That's the whole idea, it is this fluctuations that makes it more interesting for people to indulge in. Investing in bitcoin itself is also a high risk
 
It will never be stable because it is not a stable coin , every one Investing into bitcoin does that to keep his or her money increasing as much as possible.
 
J prefer how volatile it is. Though losing might be frustrating but gaining is always sweet. Like what is happening now. Those that bought bitcoin way cheaper will be enjoying now
 
Volatility means it can go up or comes down so investing in Bitcoin has its own risk, but when it comes with gold there demand defers so it depends on the risk ones chooses to take.
 
J prefer how volatile it is. Though losing might be frustrating but gaining is always sweet. Like what is happening now. Those that bought bitcoin way cheaper will be enjoying now
That's the simple truth but if one is fully aware of the risk in it , you will be prepared at any time and when there's loss the pain won't as severe as that of someone who is not informed.
 
J prefer how volatile it is. Though losing might be frustrating but gaining is always sweet. Like what is happening now. Those that bought bitcoin way cheaper will be enjoying now
But it also means that there is the possibility that while they are still holding it, it can fall drastically, making them to lose that edge.

Is it advisable to sell the Bitcoin, or to continue holding it until it falls?
 
But it also means that there is the possibility that while they are still holding it, it can fall drastically, making them to lose that edge.

Is it advisable to sell the Bitcoin, or to continue holding it until it falls?
The choice is practically yours , if you have a significant profit from your bitcoin holding you can sell but if you feel you can take the rise to hold it fine, the bitcoin I held that has 100% ROI
 
But it also means that there is the possibility that while they are still holding it, it can fall drastically, making them to lose that edge.

Is it advisable to sell the Bitcoin, or to continue holding it until it falls?
You should first always have a bit of knowledge on an investment before indulging it. Bitcoin price has never been stable. So you should know when to buy and when to sell to make profit. Buy low and sell high
 

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