Re. Bitcoin - Invest or Hold

Parker2010

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What is your advice on Bitcoin future?

US/UK has banned to buy bitcoins by using Credit Cards. - Bitcoin going down just like anything..

What's your advice?
Good time to buy more (Invest)?
Sell what we have?
Or, hold what we invested?
 
why media is focused on only usa and uk ,and their news,why not on japan where they announced it as legal tender and promoting it ,just couple of countries are scared about crypto doesn't mean the whole crypto will go in deep shit
 
why media is focused on only usa and uk ,and their news,why not on japan where they announced it as legal tender and promoting it ,just couple of countries are scared about crypto doesn't mean the whole crypto will go in deep shit
I personally believe this is the future but still willing to learn from your thoughts.
 
Invest or Hold?

It's a fairly interesting question - but the answer entirely depends on how and why you got into crypto in the first place.

My advice to anyone invested in any asset class that's even half as speculative as the Cryptocurrency market is; Why are you trying to realise a loss?

If you followed basic investment advice, you would have only invested an amount you didn't really care about. Therefore, if that amount has lost 30, 40 or even 60% of it's value - why do you give a shit?

The only reason you are thinking to sell is because you didn't listen to basic investment advice and you threw more money than you could afford into Crypto. This would be silly, and no, there is not a reasonable excuse in "I believe in the Blockchain Technology". In fact, if that is anybodies excuse for investing in Crypto I would argue that they don't understand the BC technology or Crypto enough to be investing in the first place.

Cryptocurrency is a tiny, fairly boring, part of the tech - the tech itself is more about a new way of thinking about "the third party" and trust between two individuals.
 
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