I am thinking in investing my savings into Bitcoin and try to get some profit when the price of BTC goes up, but is it actually profitable?
But what do you get when the price goes down?
they only lured on profit profit and profit never thinking about the worst scenario
in the end they will regret everything yeah
you should have a plan B to cover up your loss in case this worst scenario did happened.
Profit is the main factor why people invest at the first place, It is usual for people to just aim on profit on investing, Being optimistic is good key to become successful on investing.
But the worst case scenario is always have a possible to occur, Just be ready and backup with some funds to cover loses. The golden rule on investing is don't all in.
