I am a student in need of an income stream, can I invest in bitcoin?
I have always been intrigued by bitcoins after a friend of mine made some considerable profits a while back. I am in need of some income stream to help offset bills and possible save some money. Is there a way I can make money with bitcoins?
Confused About Financial Products?
You can chat directly and receive the best offers from the experts.
Yes you can make money with bitcoins but I caution against investing in something you do not understand. In as much as there are genuine profits made, there have also been a number of scams surrounding crypto in general, with many ICOs being duds and so on. So here is my advice, if you really want to enter into bitcoin, do your research then find a platform that gives you a good buy and sell signal and begin you’re trading from there but be conscious to trade purposefully and don't hoard it. Final advice, never look at it as an investment, the risk maybe too high for that luxury as there are no fundamentals that support the prices.