woodyMoney 6 Posted December 16, 2020 Share #1 Posted December 16, 2020 Guys what do you think in investing in cryptocurrencies such as Bitcoin ₿ or Ethereum⬨ ? Are they worth it ? As you can see in this picture. Only for a week Bitcoin ₿ has risen up so much. Will it go more ? Let's look Ethereum⬨ now. They look alike. What if you guys had 1,000$ that's must be a lot of profit. What about 10,000$ , 20,000$? Tell me do you think it's a good time now ? I am waiting for good suggestions. Thanks in advance -Woody speed1906 and Baqee 1 1 Link to post Share on other sites
ninsmaster 6 Posted December 16, 2020 Share #2 Posted December 16, 2020 yes its really worth investing in crypto especially this moment because the price much higher compare before. If you have extra money, you should try it to see the real benefits. woodyMoney and speed1906 1 1 Link to post Share on other sites
woodyMoney 6 Posted December 16, 2020 Author Share #3 Posted December 16, 2020 @ninsmaster Thank you for the suggestion, I would try it definitely Link to post Share on other sites
wesamadf 2 Posted December 17, 2020 Share #4 Posted December 17, 2020 now is a good time in my opinion esp. after happiness index risen bcs of corona vaccine and new year is around the corner every asset almost is going up . Link to post Share on other sites
woodyMoney 6 Posted December 17, 2020 Author Share #5 Posted December 17, 2020 thank you @wesamadf😊 Link to post Share on other sites
e_abrams 4 Posted January 4 Share #6 Posted January 4 If one does know how and when to invest, sure, it's a good way to profit. If not...well, nothing good comes of that. Link to post Share on other sites
dougyd 6 Posted January 4 Share #7 Posted January 4 It's impossible to say whether it will go up or down. Crypto is interesting because it is a relatively new type of asset so there's not as much historical data. For example, looking back at the US stock market, it doesn't really matter if you buy high or low, since (historically) it always goes up. For crypto, we just don't know. They could continue rising and become the only currency in the future, or they could become completely worthless. Or somewhere in between. Personally, I think the value of crypto will decline once the pandemic clears and the world returns to "normal". People like crypto for the same reason they like gold, as a store of value in times of economic uncertainty. That's why it's been on the rise recently. Link to post Share on other sites
e_abrams 4 Posted January 5 Share #8 Posted January 5 I wouldn't call it impossible. Technical analysis still applies, with varied success. Link to post Share on other sites
Rabbi 0 Posted January 10 Share #9 Posted January 10 Now's the best time to invest. Just make sure you know what you're getting yourself into since investing still comes with risks. Link to post Share on other sites
e_abrams 4 Posted January 11 Share #10 Posted January 11 Personally, I like Ethereum. I just hope it doesn't end up like Ripple. Link to post Share on other sites
rahat420 5 Posted January 11 Share #11 Posted January 11 buddy in next 5-6 year in future ppl think that maybe that time if im investing in btc or eth then i'll be rich now ..thats why its 1 in a lifetime golden oppurtunity to investing Link to post Share on other sites
e_abrams 4 Posted January 13 Share #12 Posted January 13 So which major crypto would you say is good to invest in currently then? Link to post Share on other sites
Forum Admin Dan 1,814 Posted January 13 Forum Admin Share #13 Posted January 13 The only real tangible value to crypto is the fact that it has a limited supply. Most of the other factors that were promoted by the use of the currency have since really been abolished. As long as you are capable of selling someone else your bitcoin at a higher value than you sold it, then yeh its a profitable investment. I personally however would prefer to invest in something a bit more substantial like a company in the share market. Link to post Share on other sites
Dave1280 45 Posted January 14 Share #14 Posted January 14 Looking at alts.. Eth (if you still want to class it as an alt) and Dot are my calls for 2021. low market cap.. Xio speed1906 1 Link to post Share on other sites
e_abrams 4 Posted January 15 Share #15 Posted January 15 I agree, Ethereum does seem to be the next best thing after Bitcoin. Link to post Share on other sites
MeshTV 1 Posted January 27 Share #16 Posted January 27 User demand drives the price for a lot of good in an economy durable or non durable, so seeing as users drove the price of cryptocurrency up shouldn't be a surprise. Link to post Share on other sites
e_abrams 4 Posted February 5 Share #17 Posted February 5 That was pretty well-illustrated with Dogecoin recently, I think. Link to post Share on other sites
LyricalLandon 10 Posted February 5 Share #18 Posted February 5 Yeah bro investing is a great way to make money Link to post Share on other sites
Turnip 3 Posted February 8 Share #19 Posted February 8 I think considering crypto as a long term investement could be worth it, much better than anything a traditional bank can offer. Stick to well-established coin (Bitcoin isn't going anywhere anytime soon), and you can make a decent chunk of money in a few years, with little. Just don't spend your time looking at charts, buy a bit right now or regularly like every week or so, and check back every few months. Link to post Share on other sites
e_abrams 4 Posted February 8 Share #20 Posted February 8 Hopefully one does not invest at a peak right before a long-term correction. Link to post Share on other sites
Severuss 0 Posted February 18 Share #21 Posted February 18 (edited) Good information, thanks! But I still think that I need some lessons. The information that you provided is for people who have already experienced this, but not for a newbie. I started to look for the information and found a very interesting blog about forex. To tell you the truth I was really impressed by his story. It is a real one and I understood one more time than if we work really hard we obtain what we need and want. So, I found a good piece of information about vtsax vs vti on https://www.howtofire.com/vtsax-vs-vti/, and I will trade with them. Edited February 22 by Severuss Link to post Share on other sites
e_abrams 4 Posted February 19 Share #22 Posted February 19 Case in point - Whale addresses containing bitcoin digital coins have now reached a never-before-seen level. There are more than 94,000 BTC addresses that are holding at least $1 million worth of bitcoin tokens. This is a significant and noticeable jump in big fish addresses since the start of the year. This Thursday Bitcoin reached a record high price of $52.500. Source: https://theforexreview.com/2021/02/19/bitcoin-millionaire-addresses-at-an-all-time-high-at-94-000/ Currently BTC is over $54,000 and in it remains bullish. I think that pretty much answers the question whether investing leads to profits. If one has managed to buy it when it was low and hodled until now, they've become rich. Link to post Share on other sites
Cake1999 6 Posted February 19 Share #23 Posted February 19 I'd say XRP and LTC would be a profitable investment for the future. Link to post Share on other sites
andy20 4 Posted February 19 Share #24 Posted February 19 its up to the investors...but for me i think no better to keep your money in a bank for safety Link to post Share on other sites
Nope 2 Posted February 20 Share #25 Posted February 20 Look at market caps over price of coin. That will give you a good idea of which to invest in Link to post Share on other sites
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