Post
Topic
Board Bitcoin Discussion
Re: Invest Crypto
by
Nellayar
on 14/06/2020, 13:14:08 UTC
I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

I will just return the question to you, Do you afford to wait? Believe me or not, a lot of traders are rekt because of bitcoin. Therefore, don't assume to make profits easily because you will deposit a lot of money. Besides it may lost once you enter the peak.

Trading is different from investing. In trading, you can earn more but the risk is too high. Investing is low income but you have low risk as well. If you want to make profits in trading, study it very well.

One more thing, don't pour all of your capital in only one coin because if it suffers the downtrend, you cannot easily return back all of your capital.



So, let me ask again, are you willing to wait? Because for me, bitcoin is for long term period.