Is investing money in money bitcoin is safe or not ?

Cuddalore, India
October 18, 2017 1:04pm CST
I have written many articles on Bitcoins. But investing in Bitcoin is not advisable .It may lead to wastage of money. Anyone here saying safe please explain the reason so other will know .
5 people like this
7 responses
Sabrina Traversa
@sabtraversa (13097)
• Italy
19 Oct 17
The fees for the currency conversion can be high, that could be a reason if you plan to invest on small amounts. The market is obviously not too stable, but BTC looks good to me for long-term investments. Some say it will reach $10k (don't know when), I'm just fine with the small amount I've been earning via faucets. I'm not investing money but time.
2 people like this
Abishek S K
@Lignitecityabishek96 (7113)
• Cuddalore, India
19 Oct 17
Can you please share the procedure ,and how it is done
1 person likes this
Raheel Zaki
@zaki975 (63)
•
19 Oct 17
it will be very soon with in a year or two. if you have good faucet can you share with me. just inbox me
1 person likes this
Abishek S K
@Lignitecityabishek96 (7113)
• Cuddalore, India
19 Oct 17
@zaki975 How much profit we can get approximately?
Raheel Zaki
@zaki975 (63)
•
19 Oct 17
First you have to check the reviews of sites if you want to invest your bitcoin. But i think no need to invest just hold and wait to increase the price soon
2 people like this
Abishek S K
@Lignitecityabishek96 (7113)
• Cuddalore, India
19 Oct 17
Sometimes reviews can also be created fake ..
1 person likes this
Raheel Zaki
@zaki975 (63)
•
19 Oct 17
@Lignitecityabishek96 but their are lot of ways to check
1 person likes this
Abishek S K
@Lignitecityabishek96 (7113)
• Cuddalore, India
19 Oct 17
@zaki975 suggest some ways?
kiran8
@kiran8 (15348)
• Mangalore, India
19 Oct 17
Crypto currency is the future and naturally there are doubts as it is with any revolutionary idea. I am invested in Bitcoin and it is growing nicely ...so why not ?
1 person likes this
kiran8
@kiran8 (15348)
• Mangalore, India
19 Oct 17
@Lignitecityabishek96 I don't want to disclose any details but will say that my investment has grown almost 5 times the initial investment..
1 person likes this
Abishek S K
@Lignitecityabishek96 (7113)
• Cuddalore, India
19 Oct 17
May I know how much you invested in cryptocurrency ? How much profit have you got till now?
1 person likes this
louievill
@louievill (28851)
• Philippines
18 Oct 17
There is no need to invest your bitcoin, bitcoin and other alternative coins are investments in themselves by just holding on to them, but of course you need to buy them with money that you can afford to lose incase the price goes down or when some altcoins completely lose value.
1 person likes this
louievill
@louievill (28851)
• Philippines
18 Oct 17
@Ganeshji123 our country is different, we are a bitcoin and cryptocurrency friendly nation although we have guidelines and regulations to prevent money laundering.
1 person likes this
louievill
@louievill (28851)
• Philippines
19 Oct 17
@zaki975 no, the Central bank of Nepal has declared all bitcoins illegal
2 people like this
Raheel Zaki
@zaki975 (63)
•
19 Oct 17
@Ganeshji123 maybe the invest on fake site
1 person likes this
Sanjeev
@sjvg1976 (41132)
• Delhi, India
22 Oct 17
Many of my colleagues bought bitcoin and they asked me too but I didn't. I am not sure about the future of the same.
1 person likes this
Pinay Ako
@AkoPinay (11544)
• Philippines
23 Oct 17
You can buy worth $2 only so if price fall it wont affect you that much but if it succeed you wont benefit that much too. That's what I am doing. I don't risk more than $10.
2 people like this
Abishek S K
@Lignitecityabishek96 (7113)
• Cuddalore, India
23 Oct 17
@AkoPinay yes this was correct approach .
1 person likes this
Djhoanna li
@Friendlypink (3805)
•
19 Oct 17
For me bitcoin is a very innovativw form of networking witch means it is still controlled by upper members.
1 person likes this
Pinay Ako
@AkoPinay (11544)
• Philippines
22 Oct 17
Not Bitcoin itself. There are only networking sites that uses Bitcoin. Bitcoin is a COMMODITY.
1 person likes this
Pinay Ako
@AkoPinay (11544)
• Philippines
22 Oct 17
@Lignitecityabishek96 as I have mentioned we can keep Bitcoin OFFLINE. Have you heard of TREZOR HACKED, LEDGER NANO HACKED, BLOCKCHAIN HACKED???
1 person likes this
Abishek S K
@Lignitecityabishek96 (7113)
• Cuddalore, India
22 Oct 17
@AkoPinay don't what are they . Can you please explain.
1 person likes this
Ray-an
@Shortail (845)
• Philippines
18 Oct 17
where do you invest your bitcoin? what site sir? actually I want to try that.
Abishek S K
@Lignitecityabishek96 (7113)
• Cuddalore, India
18 Oct 17
Let me put another post tomorrow. So you can get enough knowledge.