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09-20-2019 07:41 PM
I am not trying to pry, but ,I just wonder what appeal they have? It seems to me that it is all risk ,and no benefit. Perhaps I don't understand the process?
09-20-2019 07:45 PM
No matter how many times it is explained, I don't get it.
It seems like savings or investing in cyberspace or the twilight zone.
09-20-2019 08:04 PM
I think that we will see that cyber currency will be our future. It won't be bitcoin or similar current itireations but much more safe and user-friendly.
09-20-2019 09:13 PM
"If it looks to good to be true........."
"Never argue with a fool. Onlookers may not be able to tell the difference."
09-20-2019 09:27 PM
My son got in on it when it was very cheap, made a mint when he sold most of it when it went through the roof. Don't worry if you don't understand it, buy as much of it as you can if you can afford it. My son is not buying it now because it's too expensive, but he still has some left from when he bought it cheap. Bitcoin is not the only crypto currency out there, so look for one that is cheaper and buy that, my son has done that. I wish I would have listened to him and bought bitcoin a few years ago when he did. The banks in the US don't want people to use crypto currency, it will cut into their business.
09-20-2019 09:34 PM
I wanted to buy a small amount several years ago....my financial advisor advised against it. I was willing to lose what I had invested, I was doing it for fun and hoped it would pan out financially....even if I didn't make much.
09-20-2019 09:41 PM
I would not invest in any current crypto currency at this point. It's in its infancy and far less reliable than most other investments.
09-20-2019 09:57 PM
I wish we had
09-20-2019 10:01 PM
@blackhole99 wrote:My son got in on it when it was very cheap, made a mint when he sold most of it when it went through the roof. Don't worry if you don't understand it, buy as much of it as you can if you can afford it. My son is not buying it now because it's too expensive, but he still has some left from when he bought it cheap. Bitcoin is not the only crypto currency out there, so look for one that is cheaper and buy that, my son has done that. I wish I would have listened to him and bought bitcoin a few years ago when he did. The banks in the US don't want people to use crypto currency, it will cut into their business.
I did the same as your son.
Glad I did.
09-20-2019 10:15 PM
I don't understand it and always figured it was a tax dodge for rich people, which doesn't apply to me.
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