3 Reasons NOT to Buy Bitcoin!

cryptocurrency 3 weeks ago
Flipboard


Here are three reasons not to invest in Bitcoin: You’re not ready to endure major fluctuations in your portfolio’s value. Bitcoin is a highly volatile asset — much more unstable than, say, stocks traded on traditional markets. You need the money soon. If you’ve bought Bitcoin with the cash meant for your monthly rent, that’s not an investment — at best, it’s a short-term trade, but more likely, it’s just gambling. You’re not familiar with the cryptocurrency. Why are you investing in Bitcoin? Because you understand its decentralized, immutable, and economically independent nature — or because it’s trendy? If you’re not fully informed, your investment isn’t based on fundamental analysis, but rather on assumptions — or worse, on hope.
Read Entire Article