Different approach to BTC investing

Discussion in 'Cryptocurrency, Finance, & Gambling Discussion' started by BlackBlasses, Apr 11, 2016.

Different approach to BTC investing
  1. Unread #1 - Apr 11, 2016 at 4:07 PM
  2. BlackBlasses
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    Different approach to BTC investing

    Hello fellow sythers,

    I think most of us agree that Bitcoin or cryptocurrencies as a whole are revolutionary. However it doesn't mean that if you invest directly into particular cryptocurrency you will be profitable.

    Lately I heard quite different approach on BTC investing from interviews with Czech economist Dominik Stroukal and I would like to share it with you :)

    Basically he suggests that people should not invest directly into BTC, but rather invest in Bitcoin technology and people behind it. Ideas such as hardware pockets or blockchain technology. He believes that these guys are highly inovative, create new ideas and investing in their projects can be highly profitable.

    What do you guys think? Share your opinion with us. Do you know any publicly traded BTC startups? if so post a ticker ^_^
     
  3. Unread #2 - Apr 11, 2016 at 6:58 PM
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    Different approach to BTC investing

    Not knowledgeable about the matter but will btc still uphold its value if there aren't invesetors in the crypto currency?
     
  5. Unread #3 - Apr 11, 2016 at 8:00 PM
  6. BlackBlasses
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    Different approach to BTC investing

    I think it will become less volatile since more and more people use it for shoping rather than investing, but this is a slow proces and to answer you directly: I don't expect stable price anytime soon. It is still subject of speculations. It's just my opinion though. You shouldn't rely on that. I'm not sure, but maybe there are threads related to this topic.
     
  7. Unread #4 - Apr 11, 2016 at 9:06 PM
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    Different approach to BTC investing

    literally been saying this on sythe for the last two years. check any of the old "should i invest in btc?" threads.

    i think he's right, in case you were wondering :p
     
  9. Unread #5 - May 9, 2016 at 11:17 PM
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    Different approach to BTC investing

    I honestly would never invest in BTC, at this present moment - you never know what the government will do. Invest in Gold with BTC.
     
  11. Unread #6 - May 10, 2016 at 3:29 AM
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    Different approach to BTC investing

    the government? I highly doubt they'll make an international law on bitcoin.

    I have around $3-4k invested into Bitcoin, I think it's doing fantastic right now.

    Hopefully it goes up, though. ;)
     
  13. Unread #7 - May 10, 2016 at 4:19 AM
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    Different approach to BTC investing

    The question at hand would be, what's the rate of return / liability that rests on investment.

    And this is all in all totally different from btc investing your moving into corporate investment.
     
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