Anonymous asked in Business & FinanceInvesting · 6 months ago

Is it a good timing for people to buy bitcoin for now(also, how much money should you put in)?

5 Answers

  • 6 months ago
    Favorite Answer

    For gambling, anytime is good.

    Bitcoin is NOT investing.

    Bitcoin is used as a form of gambling where buyers hope to sell them for more than they paid. Its value fluctuates daily as its novelty and popularity changes. Unlike stock where a business is earning money or a bond that pays an interest amount, there is no reason to expect Bitcoin to make money for you.

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  • 3 months ago

    I cannot speak to the timing, and would never say people SHOULD put money into any alternative investment.  At the MAXIMUM you should never consider putting more than 3% off your assets in alternatives. This isn't a hard rule of course, and most people will be fine never investing in alternatives. 

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  • 6 months ago

    You can try this website

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  • 6 months ago

    I would not be investing in Bitcoin...period. Taking a risk with your money with the possibility for a big return...sure...but its more like gambling.

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  • patty
    Lv 5
    6 months ago

    I have not heard much about bitcoin lately

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