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Anonymous

06 May 2020

βˆ™

Cryptocurrency

Is it still wise to invest in Bitcoin and hold it for long like stocks?

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Discussion (5)

Andy Sim

05 Mar 2020

HR Professional at a Financial Institution

If you're unsure whether to invest anot, best is don't invest. Pardon me for my lack of knowledge of cryptocurrencies but I feel it does not have any underlying reasons for its fluctuations. At least for stocks you are able to do an analysis and determine if its a good buy or not. I take comfort in knowing what I buy which gives me a peace of mind.

Nobody can know an answer too it, it is highly risky and volatile.

better stick to time honored, better diversified, maybe a bit 'boring', big and very cheap,

global passive stock investing ETFs

No. Not really a good idea to hold BTC. Would rather you learn how to trade BTC like a commodity ins...

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