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[jparag777]

There was a lot of buzz and hype created when the first ever Bitcoin ATM was started in the city of Bangalore . But the enthusiasm proved to be short lived. The Bitcoin ATM was closed today and the persons who had started it were arrested by the police India has declared that trading of bitcoin is not legal in India. That lives us with the question of the reliability of bitcoins as an investment option . Is it worth the risk ?

 

[JCrypto]

In Switzerland, where I am living, opened a whole bank for the use of bitcoin. They are joking about simple ATMs.

Dont be scared, cause some countrys try to prohibit Bitcoin. Im sure, it will not last.
And try to see it this way, as harder it is to get Bitcoin, it will get more expensive. So, in this case - Bitcoin is a great investment.

 

[Yugocean]

This is good news to know that Switzerland have bank of Bitcoin; however do Swiss market accept bitcoin as payment option?
Unless accepted in market, there is less use.

 

[JCrypto]

Not today, no. But Switzerland is the Land of the Money. I would be surprised if it not goes to involve Crypto as a valid payment-method in the next 10 to 15 years.

 

[SCAMEXPOSER]

I never knew bitcoin moved up to the point of having their ATM in India because I read from different reviews that Indian prohibited. I hope it operates fully in Switzerland cos I read it operational in USA

 

[jparag777]

Yes Bitcoin investments are very popular in Inda

I never knew bitcoin moved up to the point of having their ATM in India because I read from different reviews that Indian prohibited. I hope it operates fully in Switzerland cos I read it operational in USA

Yes Bitcoin investment is very popular in India and people are investing in all types of cryptocurrencies.However the Indian Government has declared that investment in Cryptocurrency is not legal in India.

 

[SCAMEXPOSER]

Yes Bitcoin investments are very popular in Inda
Yes Bitcoin investment is very popular in India and people are investing in all types of cryptocurrencies.However the Indian Government has declared that investment in Cryptocurrency is not legal in India.

Yeah,i also read about it on forums but I guess you guys can still carried out the activities of bitcoin transactions online and possibly exchange to your local currency without bitcoin exchangers online.

 

[Areding]

I believe, that the cryptocurrency has opened the door to a richer world for everyone, but not everyone uses it. Investing in cryptocurrency - its investing in your future.

 

[SCAMEXPOSER]

Lots if people are still skeptical about the Crypto currency investments because there are certain things that are not clear to them including me, things like the sudden fluctuation in price, the future in it, the possibilities of it been adopted globally and the anonymous nature of the currency.

I only invest in it because it trending and I am making profit with it at the moment.

 

[Ninja48]

Definitely, think that you can invest 100$ and get 10.000$ in 6-12 month. I mean every year there are coins wich have a growth of 1000% or more in a few months. If you choose the right coin you can even get right with a few hundred bucks invested

 

[Vladv26]

The risk is very high but the reward is based on the risk. So yes, it's worth the risk. You can make lots of profit in a short time

 

[Davidafer]

Well its worth investing your money in cryptocurrency, we know the risk is high you just need to sell at the right time, buy at the right time, and you will get large reward at the end of the day

 

[flowerpower2000]

What risk are you talking about? I feel like if you really want to, you may do so. And just make sure you are careful. And if you want to use it to make money, be extra careful. Otherwise, just use it for payments and needs.

 

[SandraShades]

Is this related to this thread? because you were talking about Bitcoin ATM. You might gain insights: https://www.beermoneyforum.com/threads/what-are-your-thoughts-on-bitcoin-atms.29538/

 

[overcast]

Considering the dropping prices of bitcoin. And other crypto depending on bitcoin for the prices. I think next few years the prices will continue to drop. And it'd be harder for the blockchain developers to make serious earning. Who knows even the govt may crack down on crypto sites and then it may force to shut down in such case.

 

[SCAMEXPOSER]

Me too. I can not exactly tell which factors are most probably going to affect any cryptocurrency. I invest in it because it is trending and catching the eyes of people.

This your reason for investing in Crypto currencies cut across most reason why most people also invest not because they fully understand the concept but because it brings money for the lucky people

 

[Mrcool]

Investment in crypto currency is worth the risk. You only have to be very careful so you don't end up investing your hard earned money shit coins.
Before you invest in any coins, make sure you do your own research properly.

 

[kodiokeke]

This your reason for investing in Crypto currencies cut across most reason why most people also invest not because they fully understand the concept but because it brings money for the lucky people

Actually most people are understanding the crypto currency and adoption is fast. Many money making programs both real and fake has fueled the increasing adoption of crypto currencies, also the pandemic has also pushed many to the brick of financial misfortunes and hence they resort to crypto currencies opportunities for easy money and what have you

 

[SCAMEXPOSER]

No risk ,no success, no risk no experience is the basic fact for every busineses the same thing applicable to Crypto currencies trading or investment. Once you do your research about the coins you intend to invest on the next is to take risk and Invest.

 

[kodiokeke]

There was a lot of buzz and hype created when the first ever Bitcoin ATM was started in the city of Bangalore . But the enthusiasm proved to be short lived. The Bitcoin ATM was closed today and the persons who had started it were arrested by the police India has declared that trading of bitcoin is not legal in India. That lives us with the question of the reliability of bitcoins as an investment option . Is it worth the risk ?

I think it depends on the angle we are looking at from, knowing the right program to invest in is paramount in this regard. When you have factored this out then it start becoming clear on the worthwhile of the investment. there are pretty much trustworthy programs that one can conveniently invest in and have rest assured of longevity. Also Hold of Bitcoin and day trading is also a good venture to go in for