Question

Compared to holding on to US dollars, do you think buying Bitcoins with US dollars is a risky investment, an opportunity, or both? Use the data from the graphs to quantify your answer. Additionally, can you think of alternatives to holding on to one's money or investing in Bitcoin that's both less risky than Bitcoin but won't lose as much value as holding on to the dollar?

Answer 1

I think it is both

Explanation:

Bitcoin is a digital currency, this makes it easier to hack and or steal you money. On the other hand if you invest and the stocks go up it can be profitable. I think it is to risky to mess with because it makes your collateral to vulnerable. Also bitcoin is not yet widely excepted. I think I would take my chances with the dollar.