You are viewing a single comment's thread from:

RE: Should I Invest All of My Money Into Cryptocurrencies?

in #bitcoin8 years ago

Everyone is speculating with the dream of getting rich. What everyone loses sight of is when the coin go up in value it only means one thing - INFLATION. There is something rotten in the State of Denmark!

Everything in the real world is also getting expensive and unaffordable. Even the basis necessities of life are starting to ballon in price.

Maybe keeping money in cryptos is a way of keeping pace with rising prices. If you had money in the banks then you will be going backwards.

My first statement is not entirely correct - the masses still have not yet caught on. When they do is the time when all hell will break loss.

Sort:  

@marcusxman you are correct that a lot of people are hoping to strike gold and it is definitely an indication that when people speculate with a coin (technology) that they cannot hold over the currency that they can that something has definitely gone very wrong somewhere.

However, a lot of people that are sleep are starting to ask questions and the more they hear about Bitcoin the more will pour into this space. We are all really at the beginning of something that will be history making in my opinion.