Investing in cryptocurrency at this time is it wise or foolish?

Investing in cryptocurrency I think is wise but the matters arising that government has ban Nigerians from withdrawing from cryptocurrency is the issue and I think if you can know your ways around it then you can benefit from it.

If you are not a resident of Nigeria, you can invest in cryptocurrency but if you resides in Nigeria, you need to think twice before investing in cryptocurrency. Unless if you have means to trade it peer to peer or if you want to buy cryptocurrency and keep it for longer periods of time. I know one day, those that are opposing digital currency today in Nigeria will leave power arena and fresh air will blow to refresh cryptocurrency business in Nigeria.

Looking at how the price of crypto currencies keep appreciating this days it wise to invest in crypto currencies but not all crypto currencies because investing now in bitcoin can get you money as much as you want. But look into the coins available and choose one that you see with keep appreciating with time and invest in it so that after some years you will be laughing and enjoying while those that refused will be crying

Cryptocurrency keep appreciating these days. It is more likely that even if it can depreciate it doesn't depreciate to a loss. The only thing is that one needs to be always update, know and understand the different kinds of coins to invest in. All in all of you compare the price of btc in the 90's with today's price that's when you'll realise that it is wise to invest in Crypto currency.

It will be wise if you invest into crpytocurrency but it will be foolish if you didn't understand what you are venturing into.
Because there some coins that you can buy now and still make cool cash and there are some that will make u go bankruptcy if care is not taking.
But it will be a very wish decision in you know and understand it before investing in it

Investing in crypto is not foolish neither is it wise, there is no set time to run crypto trade it's left for you to understand the market you are dealing on, always check out the resistance and support level to determine the number of buyers and sellers also consider the news on dollar value as this play a major role in deciding crypto movement.

Investment in crypto currencies at this very moment is a very wise decision, you can never lose, value of crypto currency is rising every day and other unknown coin keeps gaining. But if you want to invest you should invest in other coin, instead of buying only bitcion or Ethereum you can buy other small coin and sell them for profit when they are high.

Investing in cryptos like Bitcoin at this moment wouldn't be wise because it is very expensive. However, cryptos like Litecoin and Bitcoin cash are still relatively affordable so you can invest in that as it is taking and upward trend. You can also invest crytos like Dogecoin and Ripple coin because they are still cheap and they have a very good potential. You can just buy and hodl .

Actually, I won't advise someone to invest in bitcoin as it is now, because it might also fall or still rise no one knows it is even safer to invest in other coins than bitcoin. But if you want to invest for a long time you can invest in it has it is said by bitcoin analyst that it is likely bitcoin reach hundred thousand dollars before the end of 2021.

according to my own point of view as a well experienced business man I don't think investing in cryptocurrency right now is foolishness I believe it is wise for you to invest in cryptocurrency right now, cryptocurrency is still up on the game, the bonding of cryptocurrency in Nigeria does not affect cryptocurrency price in any way cryptocurrency is still going up every day, so I believe it is wise for anyone to invest in cryptocurrency right now

Investing in cryptocurrency at this moment is totally not a bad idea depending on how long you want to hold. It is not advisable to hold for a long time at the moment but one can go for short time trading. You can do your investment and wait for it to increase to a particular point and sell it back. You can then decide to reinvest.

Investing in crypto currency at this time is definitely a wise move. The trend is moving high at a fast pace but that doesn't mean it is wrong time to put your money in. Even if the value comes down, it can not be that bad that you start losing and besides, we have experienced times that it went down but it also went back up.

It will be foolish of anyone to think that investing in Crypto currencies now is a foolish step. With the increase rate in price of bitcoin and the rate at which it is been accepted as a medium of exchange, I think taking Crypto currencies as a long term investment will pay off investing same amount of money in stock or treasure bills.

Putting resources into digital money I believe is astute however the issue emerging that administration has forbid Nigerians from pulling out from cryptographic money is the issue and I think on the off chance that you can know your ways around it, at that point you can profit by it.