Donut Tim
Favorite Answer
No. virtual currencies are not investments. They are gambles.
They have no intrinsic value and you are hoping that for some unknown reason, the trading price will rise rather than fall. You are trying to out guess the public.
You are better off making a trip to a casino. At least you can more easily control your losses.
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To truly invest, choose a company that has steady earnings each year instead of losses. If your company has very little long term debt, it will likely not get into financial trouble.
Buy these quality stocks and hold on to them. When you hold these over a period of time, the share prices will go up for a real reason - the companies are earning money every year and becoming more valuable. This is not gambling; you are owner of a money making business.
If you save a portion of your income each payday and as it accumulates invest in stocks, over the course of several years you can grow very wealthy indeed. It is like hiring someone to get a job and earn money for you, and then using that money to hire more workers. Your money grows exponentially.
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jbkl
Most of you were wrong. David, you had the best answer. Bitcoin Shop (TUCND)went from a few pennies last year to over .30 cents a share recently and is still trading over .20 cents.
Anonymous
A lot of interested traders are asking themselves the question if you can really make money with binary options? The answer is that you can indeed make money in binary options trading. Learn here https://tr.im/ggSOK
Obviously this is a perfectly legitimate question considering that most people have not traded binary options in the past and generally believe that investing is a very difficult activity.
However, you will have to put an effort into it. You will have to learn money management, reading of charts as well as the usage of indicators.
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Only buy what you can afford to lose. Now is actually a really good time to buy, since prices are low due to different things.
KRAPF
the best trading software http://tradingsolution.info
i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. the worst thing was i blew up my first account. after that i opened another account and the same thing happened again. i started to wonder why i couldn,t make any money in forex trading. at first i thought i knew everything about trading. finally i found that the main problem i have was i did not have the right mental in trading. as we know that psychology has great impact on our trading result. apart from psychology issue, there is another problem that we have to address. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore.
if you are serious about trading you need to address your weakness and try to fix it. no forex guru can make you Professional trader unless you want to learn from your mistake.