Quote from: ardentvolcanoes on Today at 09:21:24 PM

Quote from: DustyRah on Today at 05:35:45 PM

Quote from: carlisle1 on November 09, 2020, 11:27:54 AM

If you are not in a Hurry?then yes Bitcoin is worth the risk,the only problem we may have is when we are investing money from our budget to buy foods

Honestly, if you have a "budget" for food, you should stay away from investment into crypto. The price may go up or crap back down below $7k taking your money with it. Overall long term, Bitcoin should keep going up unless something else replaces it but it takes a lot of time. This is an excellent investment to throw a small some slice for retirement. Most who try to use this to try to make a quick buck or two will fail due to the volatility.

For retirement indeed it's one of the best place to place your money, having that spare where you can forget for a while. It's not a guarantee

that it will rise up high at this moment, there are still chances that it will fall back and try to find a much stronger barrier, but if you are thinking

for long term and not just a quick ride then you can store this as your investment.

But before spending your funds in crypto and thinking that this will be your long-term investment, make sure that you know the potential risks involved.
As crypto is a very volatile investment, you have no way of knowing what's gonna be in store for you for the next coming years.
So you should be prepared for what might happen to your funds. Make some alternative plans or contingencies and don't expect that it will go high as many people predicted.
Be conservative on your goals here. Set limits that is achievable on your part.