Is Bitcoin Worth Investing In?

[topher_edge]

I am new to cryptocurrency and I am wondering if I can make money with cryptocurrencies even if I am new to this. I am unemployed and can't really find a good job so I am thinking of taking a risk by investing in cryptocurrencies. Thanks in advance for those who will answer my question.

[Denton]

Not unless you know what you are doing.

[Buenchico]

Moderator's note: Two new posts, both from new members and in the space of 5 minutes, suggests that we're about to see some spammed links shortly. (If we do, I'll simply ban all concerned, resulting in the removal of both threads and the associated links).

However, in the somewhat unlikely chance of this being a genuine post, I'll suggest following the markets on the well-respected Binance site and then deciding what (if anything) you want to invest in:
https://www.binance.com/en

[beantolfu]

Well it is one of the trends right now. You just need to find the right time to invest.

[Peter Pedant]

no unless you want to be eating ben tofu for the rest of your life

the fact you are 'asking' us means that you are not an investor and quite honestly Bitcoin is NOT the place to start

( unless you are selling on commission that is!)

[aelmpvw]

//I am thinking of taking a risk by investing in cryptocurrencies//
what could possibly go wrong?

[jno]

Bitcoin lost half its value in two days earlier this year

https://www.cnbc.com/2020/03/13/bitcoin-loses-half-of-its-value-in-two-day-plunge.html

Are you sure you want to see your savings wiped out that quickly? Some gamblers are prepared to risk it; I certainly wouldn't be.

[hazel2023]

Cryptocurrency can be a good investment if you want exposure to the market of digital currency. Cryptocurrency such as Bitcoin can help you generate tremendous profits. But just like other types of investments, cryptocurrency investments, come with risks. There is also no guarantee that your crypto investments will succeed.

Nonetheless, despite the risks, the blockchain industry and cryptocurrencies are still growing and are becoming more popular. More and more companies are gaining exposure to the cryptocurrency industry.

Bitcoin is a long-term investment. Investors believe that the cryptocurrency’s value will appreciate over time. Bitcoin investors predict that bitcoin will grow even more popular in the future. But, before investing, you should learn more about proper investment methods in cryptocurrency to help you manage the investment risks involved.

If investing in cryptocurrency for you is too risky, then consider other methods where you can leverage digital currencies to generate profit such as fractional non-fungible token ownership where you can buy a fraction of an asset and become a shareholder.

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