Can people Make money from Bitcoin ?
By Linus Dsa
@linusdsa (34)
9 responses
@taciaelisepeace (1809)
• United States
15 Jan 18
From what I have heard it is too risky at this time. The amounts fluxuate way you much, not a very stable market to invest in.
3 people like this
@louievill (28851)
• Philippines
15 Jan 18
It's very hard to make money on btc now, the price is too high, you should gotten it months or years ago, it's either that or you are willing to risk a lot of money and wait for it to go up some more
2 people like this
@louievill (28851)
• Philippines
15 Jan 18
@linusdsa I don't know about yours but so far the Philippines is a cryptocurrency friendly country. It's mostly only goverments who hate it so they put bans and regulations, people in general who learn it and are making money from it or use it as long term investment loves it.
2 people like this
@edevis18 (349)
• Maracaibo, Venezuela
15 Jan 18
Bitcoin is a good currency, one of the most important in the world. But at the moment it has a very high price and its commission rates are high. It is a little risky, however there are many other cryptocurrencies that are good to use as Dogecoin, Litecoin, Dash, Ripple, ByeCoin. That has very low commissions and allow trading also in trading
2 people like this
@ryukin0725 (37)
•
16 Jan 18
It depends on how you are planning to use this cryptocurrency. If you are planning to engage in Trading, you can earn by analyzing whether Bitcoin price will go up or down. Depending on were you will bet and which way the bitcoin price will go, then you might earn else loose. Trading is very risky - it is the easiest way to earn but also the easiest way to loose. Try to check about Bitcoin mining, it might help. You can also check a platform where you can buy Bitcoins and keep it there for a while until the price goes up again but hey, I am not telling you that it will go up after sometime, because actually nobody knows what will be the future of Bitcoins as it keeps on dipping down this month compare to last month.
1 person likes this