By MOFSL
2020-02-07T10:11:52.000Z
4 mins read
What are the lessons that India can learn from the Bitcoin story?
motilal-oswal:tags/stock-market
2023-01-05T07:09:20.000Z

Bitcoin Story

It is actually quite fascinating to look at the chart of Bitcoin. You will get to hear some Bitcoin success story India and you need not get carried away by that. There are also those friendly tipsters who will advise on how to earn Bitcoins in India. If one were to look at the 5-year Bitcoin chart below, there are 2 things that stand out. Firstly, the rally in Bitcoins is one of the craziest in all of history or at least close to being the craziest. Secondly, the huge returns on Bitcoins have also come at the cost of huge volatility.

Avoid investing in things you do not understand


Don’t worry about missing the Bitcoin train


Prices will always climb farther than you think is possible


Big gains come with big volatility


Be cautious of those who jump on the bandwagon


Market has the capacity to speculate on almost anything


There are flaws in the monetary system that needs to be fixed

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