Firstly ill tell you business is something in which you have your influence, control..........but you couldnot say bitcoin a business means because you have no control no influence over it.......jpg)
Also digital currency group member..."Barry Slibert" says that.......
1)Highest risk factor
2)highest return factor....
Most of you dont know that grafh of bitcoin fluctuates 30% in a day that is considered to be a unsafe investment...
You know "Warren Buffet"... a great share market invester has already said in 2014 that ..."Its a mirage...The idea it has some huge intrinsic value is just a joke"...
He also mentioned that "People are not buying substance,that are buying into the value of hype...
Ill tell you one thing according to my case study no body knows that "HOW BITCOIN WORKS"........How would be it possible untill and unless you havenot any influence on it...Its a kind of blind investment...
Ill give you by example......
you know today everybody is indulged in buying bitcoin but we dont know that actually what we are buying...and even w cant explain bitcoin to third person, so if we cant explaijn anyone about bitcoin so whats the purpose of buying this???
Its a kind of blind investment,the thing which you doesnot have any influence its kind of risk factor...
Its is running on algorithms that is understood by many less peoples...
you know biggest company of investment"BERKSHIRE HATHAWAY"....vice chairman has said that "avoid bitcoin like a plague"......i tell you what is the meaning of this statement its like a disease dont follow it.
Also indias biggest invester "Rakesh Jhunjhunwala" also said that why people are crazy about bitcoin,untill it has no foundation ,no stability....
Its a kind of virtual investment not a actual investment...so its growth and slump has no calculation and predictiblity....due to which its blindness increases....
I am not against BITCOIN.....but my point is ....is it good for you..
I suggest it is good for people who have enough money ....not for the middle class people.....
So i suggest not to invest in this....it could be a great loss to your precious money......jpg)
And also if big big share market and virtual investers have a negative thoughts about BITCOIN you need to think befor investing?????
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