If you have side money, why not, it could turn into a very profitable venture one day. It's not really certain right now though, don't get fooled by the advertisers saying it's the next big thing. Maybe, maybe not, I think if u have side money laying around then use it, money that stays in a savings is unhappy money, invest and grow it.
On a side note, real estate is a GREAT place for investing, but to have a good income you gotta bring in 50-100k.
I invested a few years back and considered it a very risky investment - it'd either be huge in a way I couldn't foresee at the time, or I'd probably lose all of my money. It's obviously gone up a lot since then, which has been nice. I'm holding the investment and still fundamentally feel the same way - it's incredibly risky and could be worth nothing in the end.
I'm sure everyone agrees that within a few years we wont have cash anymore.
bitcoin might not become the worlds currency, but it certainly will have a bigger influence then
Nobody knows if a stock is going to go up, down, sideways or in circles. You know what a fugazi is?
Fugayzi, fugazi. It's a whazy. It's a woozie. It's fairy dust. it doesn't exist. It's never landed. It is no matter. It's not on the elemental chart. It's not fucking real.
Obligatory quote being made, i feel there's a general consensus in tech people that bitcoin is becoming mainstream and there's room for it's market cap to hit 10x or even 100x it's current value.
You just have to consider the risks (new cryptocoins, government regulation, escaling issues etc etc.) and invest an amount ure comfortable losing. Or just YOLO and go all-in if u dont respect money.
Personally i've invested a small amount in 3 cryptos mostly for the sweat and for the lols.
If you invest few years back it would be good,but for now from what I see maidsafe coin is better
I think it's a bubble now, it went up a ton in the past few years. Why not just a regular us index fund? Some of my mutual funds are up 20% ytd.
What ever you do dont buy things for the coins things that are illegal. (thats what bigconis are used for).
Imagine this senario. You buy X amounf of something for cheap.
X is not allowed and illiegal.
You get busted.
The money amount or value of Bitcoin Goes up 100x.
You might then stand there with say 1 joint and get 10 years jail.
OP: my question is, if there is ever going to be a week where you dont change your name?
the whole market is a huge self sustaining bubble which will blow up at certain point, but untill then its worth to invest
the currecny which has no actual real value behind it is quite a weird economic phenomena but we ve seen similar stuff before on the bonds market and it aint gonna end well imho
at this point id say its a bit too late to invest
also for gods sake dont start mining cryp xd
Why not just a regular us index fund? Some of my mutual funds are up 20% ytd.
because i dont want to "really" invest my money, im more interested in buy and hold because i currently don't have a considerable amount of money (500-1000€ range), and bitcoin seems promising unless govts step in
all amateur investors should just buy passive funds like ETFs and u just hold them as investments. maybe wait for a recession to hit when prices are low to buy those.
there's no point in guessing about a currency u know absolutely nothing about. at this point its too risky.
nah the guy knew how valuable those two are but he told me that he really wants to play lone druid and that he got that arcana gifted from some other guy so we traded it
If you just want to buy and hold an index or mutual fund is perfect. I don't think you understand buy and hold.
no i mean i want to buy and hold bitcoins, an index or mutual fund gives too low return on 500-1000€ i guess, but i didn't look too much into it
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thoughts? =]