[Deleted]
RE: Why is the price of bitcoin and ether not rising now?
You are viewing a single comment's thread from:
Why is the price of bitcoin and ether not rising now?
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!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Short term? for ether and bitcoin? Honestly I don't think it's very profitable to be investing in these big currency in the short term. Normally short term investments shouldn't be more than 2k since short term investments usually carry high risk. But let's assume you drop 10k on Bitcoin. That's 2.29 coins at the current price of $4352. How long you want to keep it in? 3 months? Ok let's say Bitcoin will go up an ambitious %15 within that period. That's about $1300 return. I don't know about you but I am not putting that much money down to get $450 a months (and that's about the best case scenario giving the volatility). You could drop 10k on a different currency and get a waaaay bigger return in that period of time. Bitcoin and Ether are for long term only if you are a sane investor.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit