Want to Start Bitcoin Investment? Perform 4 Considerations This First

in bitcointips •  7 years ago 

Cryptocurrency like Bitcoin is a trend now. Some even predict that this digital currency will be a means of exchange in the future. Investing in Bitcoin is indeed tempting, especially if you know the spike in its value so rapidly last year. Where the value reaches more than Rp 250 million per 1 TBC.
However, before you get serious to start investing in Bitcoin or other crypto currencies, here are the things you need to consider before starting investing.

  1. Hard to predict

  2. High risk

  3. The advantages of cryptocurrency are highly speculative

  4. Other investment options still exist

There are four things you should consider before starting investing in Bitcoin. Cryptocurrency is an investment instrument that can provide extraordinary profits quickly, but you also have to understand the big risks in it. Hopefully this paper can make you more careful in choosing the right investment instrument.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

nice post!

Thank you