Why one should not invest on bitcoin when they doesn't have alternative sources of money?

A person that doesn't have have a permanent income plan it would be very difficult for that person to invest in bitcoin because when they are broke they can sell their bitcoins iregardless to the price of the bitcoin at that time.
Bitcoin is a very volatile currency and is not advisable for people who are not financially stable. Before investing in bitcoin or similar coins, make sure you have something else you are doing.
 
Despite the lack of sources of money, a striking example why cryptocurrencies investments are inconvenient is the ban of cryptos by the government in this or that country. If owning cryptocurrencies becomes an illicit attitude or worse, a crime, it's very inconvenient to get severely fined or worse, convicted to prison.
 
19,184Threads
138,136Messages
453Members
ObariLatest member
Top