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Worth investment?
Should I get btc for investment or to risky? I work with someone always telling me to buy buy buy and I see how volatile it is, so convince me otherwise as it has made big leaps. Thanks
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If you can drop a little bit of cash and just sit on it a while it will pay off but if your thinking of risking a bunch of money be careful.
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I agree with Kubes, if you have a few bucks to play then go for it. Long term I would invest in S&P.
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Nothing is a bad invesment. If you want to make money like in everything you have to put a good amount down, sit and wait until you start making money that can take 5, 10 or up 20 years to make cash.
Have you ever seen those billboards on the highway that says buy 100 acres of lans (in the middle of no where) for 15k? Its the same thing the city probably its not even close to be there but the development one day will touxh that area and maybe in 30 years you will be able to sell each individual lot for around 6k or more, and make a huge profit not doing anything.
Patience its a virtue
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I like what you all have said. I think it's to risky myself. Try putting in a thousand ( or whatever is safe for you to risk ). Best of luck in your investment.
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Originally Posted by
Dig244
What is S&P?
Standard and Poor Index. And Marine has a point, but to his point, the stock market is gonna poppy itself as soon as the stimulus money fades away. Microsoft stock right now, you could make 20-25% on it in the next couple months when their earnings statement comes out this week. They are about to hit 280 a share
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It is with the investment but not right now as it’s down. Last yr up til beginning January was a great time. I cashed out and made bank. Wait til it’s up a bit then buy snd let it sit. Patience is key with BTC, you won’t make money overnight.
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Originally Posted by
thebear
It is with the investment but not right now as it’s down. Last yr up til beginning January was a great time. I cashed out and made bank. Wait til it’s up a bit then buy snd let it sit. Patience is key with BTC, you won’t make money overnight.
No, but you can with alt coins. Risky but worth it if you get them at a tiny price
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Thanks for the info guys any good alt coin options?
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