11 upvotes, 3 direct replies (showing 3)
View submission: Don't invest recklessly
is it more like a gamble then?
Comment by Rock_Strongo at 01/12/2017 at 04:56 UTC
37 upvotes, 3 direct replies
engagement in business transactions involving considerable risk but offering the chance of large gains, especially trading in commodities, stocks, etc., in the hope of profit from changes in the market price.
Why use another word when a perfect one already exists.
Comment by eyekantbeme at 14/12/2017 at 15:13 UTC
2 upvotes, 0 direct replies
Yes it's an investment in a currency that can fluctuate at any time. High risk high reward, but stupid risk which you can rationalize to mean high risk has potential to ruin you depending on how much of you r income you are dropping.
Personally,. I prefer investing in Alternative Cryptocurrency and playing the markets like a stock exchange. It's a great way to profit if you learn how to do it properly. Buy cheap sell high, it's like a business. You can easily buy and sell the coin for Bitcoin, and you can help hype up certain coins by sharing them on forums or social media.
Tldr: Altcoins are a great way to dip your feet in a huge pool of Bitcoin investors and make more coin which are valued from Bitcoin. Use posting in forums and social media to help increase any coin's notoeriety.
Comment by Hertzegovina at 07/12/2017 at 06:34 UTC
1 upvotes, 0 direct replies
Not sure why they mince, answer is "yes"