READ , BITCOIN , LITCOIN MAKING MONEY

in #bitcoin7 years ago

A lot of people are asking, will bitcoin be the next big thing? well I mean it kinda already is LOL. back when bitcoin was about $315 in 2015 no one realized what the potential of it could be in the next 2 years. its up over 1000%. I personally think litcoin is on its way up there just like Bitcoin was a couple years ago. sure it will have its ups and downs, litcoin had a huge jump from when it was $60 in October. and then $320 in a couple weeks, and still hasn't dropped back down to where it was. I mean surely enough it will have a sudden drop like it has this past week to about $200 but I think to will rise dramatically. A lot of people always like to ask "when is a good time to buy?" buy as soon as you see a drop or a sudden decrease because within a couple days it it known to rise back up. =PROFIT . Another big question I get is "what if I wanna invest $1000 but I can't lose it what should I do?" I like to tell people that before investing you should make sure you are willing to lose the money if something does happen. start saving so much money a week as little as $5 to as much as you want, until you reach a reasonable amount of money you want to invest, something that you are willing to lose if something goes wrong. if you are gonna trade on websites and day trade, it works best usually when you have 1 full coin. if you start buying low and selling high with something like $50 you might not be making money, infact you might lose money because of the interest fees (%) from the website.

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