Wow... there is just so much comments on this topic of Bitcoins and Cryptocurrencies.
The community is really split down the middle with some of the view that this is the new future while others think it’s a bubble and might just collapse anytime.
I think we should be open minded to learn about what it has to offer yet at the same time consider the investment risk that it comes with.
I posted an article on InvestingNote that covers the basics of Bitcoin and cryptocurrencies. And also covered the risk of investing in them. Hopefully this draws some balanced views for the community:
My simple advice, invest with what you can afford to loose. Any amount that is derived from your recurrent income or amount that you know you can still sleep well at night if you loose it all.
This way you can ride the upside and then managed your risk to the downside.
I think we can ignore this new phenomenon that is growing each day. Yet it comes with huge uncertainties and we can know what the future holds.
After so much research, invest in cryptocurrency (I did not say bitcoin) before widespread usage/regulation is shown. But prepare for it to tumble down after a general usage or regulation is given to cryptocurrency.
You can also invest in it after a general usage or world regulation is given to it.
Just don't be the last one to hold it when it tumbles. Don't be the first one to hold it after the regulation start to be implemented.
Similar to IPO, be the pre-investors whom can exit at a much higher value. Invest your kopi money during the IPO, and exit straight away if you make small gains because you dont know how the company will turn out.
Wow... there is just so much comments on this topic of Bitcoins and Cryptocurrencies.
The community is really split down the middle with some of the view that this is the new future while others think it’s a bubble and might just collapse anytime.
I think we should be open minded to learn about what it has to offer yet at the same time consider the investment risk that it comes with.
I posted an article on InvestingNote that covers the basics of Bitcoin and cryptocurrencies. And also covered the risk of investing in them. Hopefully this draws some balanced views for the community:
https://www.investingnote.com/posts/352225
My simple advice, invest with what you can afford to loose. Any amount that is derived from your recurrent income or amount that you know you can still sleep well at night if you loose it all.
This way you can ride the upside and then managed your risk to the downside.
I think we can ignore this new phenomenon that is growing each day. Yet it comes with huge uncertainties and we can know what the future holds.
After so much research, invest in cryptocurrency (I did not say bitcoin) before widespread usage/regulation is shown. But prepare for it to tumble down after a general usage or regulation is given to cryptocurrency.
You can also invest in it after a general usage or world regulation is given to it.
Just don't be the last one to hold it when it tumbles. Don't be the first one to hold it after the regulation start to be implemented.
Similar to IPO, be the pre-investors whom can exit at a much higher value. Invest your kopi money during the IPO, and exit straight away if you make small gains because you dont know how the company will turn out.
Reply to @sUp3rb0s : Haha... very true.
@jpeg