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Does Bitcoin still profitable ?


anthonycloutier1

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As a good investor, you should rather think about how you want to invest than in which currency.
If, however, you can react quickly at any time and save the rest of the invested amount from total loss in time, then go ahead.
Only a good investor who has nothing left to lose because he has already made so much profit that the loss of a few thousand dollars or euros can't hurt him can pull through this crypto game. But I wouldn't advise him to do that either.
Just try it with normal currencies. There are some good trading platforms that you can use with e.g. 200.00 dollars or Euro credit.

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Hi there,

Cryptocurrency can be profitable, however Bitcoin proper is probably not the best currency to invest in. The market of crypto is a little bit harder to predict but if you have either quality signals or you are able to monitor things regularly, it is a good investment. For low volume, crypto is probably not fantastic.

For a longer term investment, Crypto/Forex is never going to be a great idea however - you may want to look more towards a different type of portfolio for that.

 

Edited by CmdrSpock
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You can use the trade apps , if you have some bugdets to invest you can invest without mining the bitcoin .

You can invest in another cryptocoin like  Ethereum ,i think in maximum  next 1 year will become more then bitcoin.

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It depends on how the market is doing. Right now, the bitcoin market is at $7.9K and continuing to increase slightly.

The best time to buy bitcoin was when it was down to about 3.5K. When you buy it at its cheapest, you can save that and let the market increase to make money.

27ee8d1af0c773174065f6258b10023e.png

Graph of the slight increase over the past few months

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On ‎3‎/‎24‎/‎2019 at 3:48 PM, Cancel said:

my opinion is that it is no longer so profitable...
it is very difficult to mining and I need a lot of resources...

I heard that ETH is quite profitable....

out of interest whats ETH ?
thank you

 

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On 4/1/2019 at 3:13 AM, damkan01 said:

I doubt that bitcoin will reach the price as it once was

wrong, search btc history.. btc will worth million of usd in the near future.

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