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Bitcoin in dangerous??
Hi, as now the China start to attack the bitcoin exchanger in China, and we got the news from China that most of the exchanger will stop operate on 30 sep 2017, is this will affect the Bitcoin in future? i saw the market price drop from 4.7k usd to 3.3k usd right now
There where always be those who will never like Bitcoins, because what they can not control they reject. So, yes, bitcoin is dangerous for those who wants to know your every step and or take fees and bleed your money out of your pocket. Bitcoin is in a fight against the "Financial Powers". The will try to control one virtual currency eventually, but they will not be able to control all of them.
In my opinion, i believe it is an opportunity for traders to cease the fundamental trend in trading the Bitcoins, it is all that counts here,, remember the saying a man's foil is another man's opportunity,, remember, sell at the top, buy at the bottom,, just a hint
Should I invest in Bitcoin? Is the question almost everyone asks...
I want to get something out of the way – Bitcoin is not a company or a stock, it’s a currency
So when you want to invest in Bitcoin you are basically buying the currency. However, there are also some other forms of investing in Bitcoin.
The most common form of “investing” in Bitcoin is buying the currency in hopes it will appreciate in value (also knowns as “hodling”)
If this is the case then you need to decide for yourself if you think this is a good time to buy.
Meaning, do you think the price will continue to rise.
Bitcoin trading is different than buying and holding. When you are trading Bitcoins it means that you are actively trying to buy Bitcoins at a low price and sell them back at a higher price in relatively short time interval.
A few pointers for buying and holding Bitcoins:
1. Never invest more than you are willing/able to lose – Bitcoin is a very risky investment and you should keep in that in mind at all times.
2. Make sure to buy Bitcoins only from exchanges that have proven their reputation.
I Wish You Good Luck In Your Bitcoin Investment
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