Mlc Posted October 16, 2018 #1 Posted October 16, 2018 A very interesting argument, one we should all ask ourselves when thinking about crypto currency, Do you want it or need it ? will if be a worthy investment or fall flat in years to come ? Can it be the silent investment that make today and leave alone or as soon as there is a big rise in value will you cash out and enjoy the profit ? How much should own if you invest ? Below is an aritcle I found discussing some of the points you see above as well as others take a look it’s quite interesting. Should you buy bitcoin? If not, why not? And if so, how much? The answer is probably none if your investing aim is to finance basic things like retirement or build a buffer in case you lose your job. But there are some good reasons to invest in bitcoin or other cryptocurrencies, and your reasoning determines how much you should own. Here are some target allocations based on investing goals: You want some extra risk to spice things up Investing in bitcoin is speculative. It may surge or it may crash. There are many risky assets out there but bitcoin is exciting because it’s the next big thing (maybe). It adds an element of risk to your portfolio, and sometimes risk can pay off. Some argue bitcoin is valuable because it is uncorrelated with the stock market, so it adds some diversification and reduces risk. There are reasons to be skeptical of this argument. A reliable measure of correlation takes decades of data, and bitcoin has only been around since 2009. Like the US stock market, bitcoin has generally climbed since then, but it’s also fallen. We can’t know if bitcoin really can hedge stock market risk until stocks experience a meaningful and sustained fall. Investing in crypto for diversification’s sake is purely speculative at this stage. read more . source https://qz.com/1425046/how-much-bitcoin-should-i-buy-it-depends-on-your-investing-goals/
77kdub Posted October 16, 2018 #2 Posted October 16, 2018 I've never been into bitcoin for the investment it's only soul purpose for me is strictly gambling, but If I would have known then what I know now I probably would have saved all that bitcoin I've bought instead of gambling it all away lol
williamshennie9 Posted October 16, 2018 #3 Posted October 16, 2018 I wanted to initially invest in bitcoin, and then I came across bitcoin gambling. So I deposited a small amount, and won a bit, and now my approach has moved from an investment one to one of gambling So if bitcoin does rise to $100,000, I will still benefit, becuase I have a balance in Stake. So even though I use it for gambling, I am still technically invested in BTC since I own BTC in my Stake account.
Kate Posted October 16, 2018 #4 Posted October 16, 2018 In my view it depends on the people who wants to take risks and have a lot of funds
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