Is Bitcoin and Good Investment?

in #bitcoin6 years ago (edited)

I'm sure you've heard the pros & cons before. Such a fascinating topic because there are valid arguments to be made for either side.

I believe it is a good investment (my personal opinion) as long as you treat it the right way. As a long term, slow and steady store of wealth. Definitely not a "get rich quick" scheme, and something to be thought of on a long time horizon. I've tried it all, from alt coin pump and dumps to day trading, to swing trading, to buying and holding... but now I only do one thing: I buy bitcoin - just a little bit every week - and I hold it. That's it :)

Well, that and I invest my spare change in bitcoin and a few other major cryptos with coinseed. But that's just for fun. If you want to learn more about that, you can use this link and we both get $5 free! :-) https://coinseed.app.link/3OKGEuVxHP

I explain my bitcoin investment strategy in my video - plus tell you how my mom lost 1.1 btc :o

Sort:  

To the question in your title, my Magic 8-Ball says:

It is decidedly so

Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

Congratulations @jobsande! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 600 upvotes. Your next target is to reach 700 upvotes.

Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word STOP

Support SteemitBoard's project! Vote for its witness and get one more award!

Coin Marketplace

STEEM 0.27
TRX 0.13
JST 0.032
BTC 62900.77
ETH 2949.76
USDT 1.00
SBD 3.59