Bitcoin, as a holding.

[thestrongprofessional]

Bitcoin opinion

Hey everyone,

Bitcoin has always intrigued me as a concept but as an investment it's just too volatile for me. I've provided a link below to the historical price of bitcoins:

http://www.coindesk.com/price/

From the beginning of 2014 to the mid point of 2015, bitcoin lost about 75% of its value. It has made a strong recovery and is now at an all time high of $1130 but it could very well see a steep decline in the next few months. There is definitely money to be made in the area but I probably won't be playing in it.

Thanks,

Raphael

[tripods68]

Now that I am seeing more and more places accept BitCoin, and hearing more and more research about it. I think I am going to consider buying a small amount of Bitcoin on a monthly basis (maybe 0.5-1.5%).

How and where do you buy it? I've been thinking getting into bit coin myself.

[Spiffster]

How and where do you buy it? I've been thinking getting into bit coin myself.

coinbase.com

[~bs]

due to the risks involved, I'd say no more than 1% of your net worth.

[Spiffster]

Bitcoin is going bonkers lately with upcoming ETF approval speculation... (~1300 !) if ETF is not approved, bitcoin will likely tank. Would be a good time to buy that possible dip IMO. Going to get really volatile here soon, so be warned.

[Spiffster]

So the ETF was denied. Shortly after we see a rather small crash of about 15% and recovers just as quickly. Market practically shrugged off the news. Bitcoin appears to have stabilized without much drama. Thats kinda disappointing to me because I wanted to buy more at a steep discount. Anyway, next stop $2000.

[ameliadavies4y1]

Bitcoin has remained, remains and will remain the most profitable and expensive way to make money. I was engaged in bitcoin farming and was able to make a lot of money in 3 years. After that, I put them on my wallet and after a month half of what I earned was debited from me. I found out that these are scammers and immediately turned to the same forum for help and I was advised the bitcoin tumbler which, as I learned later, will protect your account from theft and all other threats. I installed a protection for myself and already for 3 months everything is fine with me and my money is safely stored.

[btctony]

never heard of this site

They've been around for years. One of the better choices for anyone new in the usa entering the space. Expecting to become a publicly traded company this year.