Results 1 to 5 of 5

Thread: Is Bitcoin on Its Way to ?

  1. Top | #1

    Join Date
    Nov 2016
    Membership Number
    140
    As the User
    Super Moderator
    Posts
    1,665
    Posts Per Day
    0.62
    Blog Entries
    5

    Bitcoin Icon Is Bitcoin on Its Way to ?

    Is Bitcoin on Its Way to $5000, and Should You Invest or Stay Away from Bitcoin?

    The blue chip brokerage house Fidelity has allowed its customers to create their own Bitcoin accounts, further accelerating Bitcoin’s bull run. The price of the digital currency hit the $4000-mark this week following the anointment by the mainstream media of the currency as a new asset class.

    Other Bitcoin projections

    Other industry players and experts are predicting a brighter future for Bitcoin. According to an analyst from Standpoint Research, the price of the virtual currency can reach the $5,000-mark by 2018.

    These rosy predictions about Bitcoin create the question on whether ordinary investors should invest part of their savings, or even their retirement accounts, into the cryptocurrency.

    Why invest or not to invest in Bitcoin
    To help the ordinary investors in deciding whether they will invest their hard-earned money into the digital currency, here are three reasons to invest or not to invest in the cryptocurrency.

    Three reasons to invest in Bitcoin
    It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

    Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

    There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

    Three reasons not to invest in Bitcoin
    Bitcoin only exists on computers – Cryptocurrencies like Bitcoin are just a piece of code on the Internet and they are thus intangible. Then again, the money in your bank account also only exists as number on a computer.

    Bitcoin is very volatile – In the ten years it has existed, Bitcoin has been prone to major bubbles and painful crashes.

    Many Bitcoin users are shadowy figures – Despite the belief by many that Bitcoin could replace cash in the future, the digital currency is also known for purchasing drugs and paying extortion fees on the Internet.

    Exercise caution
    Those who are looking to hop on should remember to invest for the long term, and never to invest more than they can afford to lose. Right now, cryptocurrency continues to climb and it looks like there is no way to lose. That sort of thinking is extremely dangerous and prospective investors should exercise caution, whatever they chose.

  2. Top | #2

    Join Date
    Nov 2016
    Membership Number
    140
    As the User
    Super Moderator
    Posts
    1,665
    Posts Per Day
    0.62
    Blog Entries
    5

    Default

    Can we be Rich !!

  3. Top | #3

    Join Date
    Jun 2016
    Membership Number
    1
    As the User
    Administrators
    Posts
    1,967
    Posts Per Day
    0.69
    Blog Entries
    21

  4. Top | #4

    Join Date
    Jul 2019
    Membership Number
    1360
    As the User
    Junior Member
    Posts
    20
    Posts Per Day
    0.01

    Default Is Bitcoin on Its Way to

    should have no problems with it then, just make sure its not knocked around and kept in nominal conditions stick it in anti-static bag


    If you liked this post and you would like to get far more facts about What was Stardew Valley coded or What are the best free online game websites kindly check out the website

  5. Top | #5

    Join Date
    Feb 2019
    Membership Number
    398
    As the User
    Forum Master
    Posts
    483
    Posts Per Day
    0.26

    Default

    There is no way one can predict Bitcoin, as we already know. This is why we need to continue moving on around Cryptos instead of just holding and wishing for it to grow. One can use something like P2pClub. It’s one of the best items when it comes to the Make money online dream of many. As not only we could keep our already invested amount safe but also gain returns over it. With help of the Blockchain and AI technology, it’s a perfect system to help everyone. And thanks Big Data, there is complete safety as well. So this is something that’s just not to be missed.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
MetroVB Theme By XiTCLUB