Bitcoin

in #risky7 years ago

What do you all think is in store next for bitcoin?

Do you think it’s getting ready to jump in value again or is a sharp drop in the near future?

In my opinion we’re getting close to a huge CRASH!!!

As Warren buffet said, “Risk comes from not knowing what youre doing”

This statement couldn’t hold any more true now! Too many people are just dumping their money into something they don’t understand and for some reason they think their decision is absent of Risk!

They couldn’t be more wrong!

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first we are all guessing, but even if what you are saying is right which i think is not, this crash is still far away, and you can still make some cash since the people are still buying.

I agree with you that we’re all guessing, but what makes you think the crash is so far away?

“Never invest in a business you can’t understand” - Warren Buffet

of course he is right on this, but this only means you should try your best to understand, not to avoid investing.
another point is that i'm not sure that the Warren himself is totally understanding the topic he is talking about, it's a new game not like the old market.

He definitely does not understand it which is why he’ll never touch cryptocurrencies. In fact, he stays away from most technology all together.
And you’re completely right, the best thing to do is educate yourself. I definitely don’t encourage anyone to avoid investing in the market! Just avoid doing it blindly!

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