This year has proved to be quite fruitful for Bitcoin, as the cryptocurrency has gained almost 84% so far, making it the top-performing asset in the related market in the first quarter of 2023.
On Tuesday, April 11, the world's first decentralized cryptocurrency Bitcoin (BTC) has finally managed to breach the $30,000 mark for the first time since June 2022.
This latest rally definitely indic[...] Read more » Bitcoin surges past $30,000 for the first time since June 2022
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 5450
every investment in a certain business is always a risk, sometimes it does not go as you plan, that is why you have to be very careful and be very responsible with what you invest at the moment.
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 5450
it is an investment for those who have knowledge about this, those who are prepared to make the best decisions regarding this business, it is not easy, you have to look at many aspects.
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 5450
You should do it, in order to risk a large amount of money in these investments you should be prepared to face problems and solve them, it is not easy, cryptocurrencies are a double-edged sword, that is dangerous.
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 5450
cryptocurrencies are very unstable, bitcoin has a lot of variance, I hope they have their coins in euros and dollars, but it is also an opportunity to risk little money and see what can happen.
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 5450
Some experts say that it is very possible that the slots will end up being the most used in our day to day, I hope that this will benefit us and end up hurting the market.
Joined: Jan '14
Location: Romania
Age: 44 (M)
Posts: 13336
I think that virtual money is in great demand and it is not excluded that it will definitively become the only accepted currency and give up the euro, dollar, etc... I suposse that this digitization is already in the program, especially since many countries accepted this.
Joined: Nov '15
Location: Kazakhstan
Age: 46 (M)
Posts: 10
A decisive year for crypto investors was 2013. Bitcoin’s price went from $13.40 at the start of the year to its height in December of $1,156.10, before falling to about $760 three days later.
Where it is heading next is equally unpredictable.
Joined: Feb '23
Location: Poland
Age: 40 (F)
Posts: 304
Cryptocurrencies are interesting, but for me personally they are not fully understandable. New ones are created all the time, sometimes they stay on the market for a longer time, sometimes for a shorter time, but there is no certainty here, no security. Of course, every money, in every currency, is sometimes stable, worth a lot, and sometimes not. This is what the financial market looks like. However, personally, I would prefer that cryptocurrencies were not the only option in the world of finance. In my opinion, whatever happens, gold will always be one of the best financial collateral.
Joined: Feb '23
Location: Poland
Age: 40 (F)
Posts: 304
Yes, I know that it is a virtual currency and is available wherever you have access to the Internet, but we all know that there are places in the world where this access is not available and will not be for a long time. In addition, cryptocurrencies are really unstable, which can be seen from the fact that their value can change quickly, which has already been presented in this thread. They will certainly develop all the time, but whether it's good or bad is hard to judge. Admittedly, that's my opinion.
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 5450
I always say that this is a great business model, an opportunity to be able to make money investing in the long term with cryptocurrencies, if we are patient in it we can achieve our goals.
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 5450
now the bitcoin costs a lot, before the bitcoin cost little, that was the time to invest, very little bet on it, now that it is very expensive only those who have a lot of money can invest in it.
