Question

Have you ever invested in Bitcoin and earnt from it?

Answer 1

No but we have checked it out pretty good and my advisor has said to hold off for a while yet.

Answer 2

Very small amounts.

Answer 3

Nope.

Answer 4

No

Answer 5

No. I advise people not to invest in it. It doesn't have any value as per many leading investors. You can invest a small amount which you are ok to lose.

Comments

Now would not be a good entry point anyway, as it is trading near it's all time high.

Answer 6

I haven't.....

I have not taken the time to learn it's in's and out's, but I worry about it, that it's becoming more and more embraced globally.  I think there's an inherent danger here in the fact that if it becomes so popular, it's perpetuated in to a "world currency."  And, I feel that when that happens, those in power are waiting in the wings to pounce on it with their experienced retinue of manipulators who will then control the funds of ordinary working people globally.  Be careful what you wish for kids.

I think it a dangerous dalliance along a precipice.

Comments

A currency has to have a stable value. Currently, Bitcoin doesn't have a stable value, in the future, it may be, not sure. Currently, it's like digital gold. The stock market is a lot safe than bitcoin, regulated, and has an intrinsic value. Cryptocurrency has 'no intrinsic value' and investors could 'lose all the money'.