Connect with us

Apps

2 Reasons to Buy Bitcoin Now & 3 Reasons Not To

Published

on

Don't Buy If You Can't Handle Fluctuations

Don't Buy If You Can't Handle Fluctuations

If you aren't a risky investor, don't buy Bitcoin. 

Right now the price of Bitcoin is fluctuating wildly. At the time of writing this, Bitcoin is down $1500 since yesterday at the time of this writing. If you can't handle that kind of fluctuations with your investments then you shouldn't be buying Bitcoin. 

All signs point to wild swings as Bitcoin moves up and as Bitcoins become more valuable over time. This is not an investment that you should make if your retirement is set on conservative settings. 

As someone who is young and interested, I am tempted to buy some Bitcoin even with the fluctuations, but I wouldn't recommend it to my parents or in laws. 

Click to comment

Leave a Reply

Your email address will not be published.

As an Amazon Associate I earn from qualifying purchases.