Post
Topic
Board Trading Discussion
Re: Missed out on bitcoin, please make me a plan now
by
studioman
on 16/02/2021, 19:21:25 UTC
~
Everyone's welcome to trading, so don't worry about that OP.
We share the same story actually, though I was lazier and I wasn't doing stocks just yet. Just an average student learning and focused on academics, not even exploring anything.
Then someone managed to introduce Bitcoin to me.
It was harder to buy one back then but since the attention to it seems like to grow a bit, I manage to get into crypto shortly.

About your question if you should put your 10k to Bitcoin, I would say that if that 10k is worth losing, which I am guessing that it's not then I would advise to keep it for now.

Thank you for your reassuring words! I guess nobody knows what will happen with Bitcoin especially in the short term, but I'll take the risk. Maybe spread some money, also timewise if I try some smaller cryptos. If it goes then it goes. It's not nice but I can live with it. It'd been much easier if I'd bought it when the value was low but now it's damage control and accpeting some extra gamble. If it crushes down at least I can hold it and buy some more and then hope it goes back up one day. So it's probably not like a complete loss instantly.

But this transfering cryptos from the exchange (and keeping them there while waiting for the hardware wallet), making backups but playing it safe with them etc. is pretty nerve wrecking.