Quote from: sapnu on Today at 04:41:05 PM

Quote from: Wisdom O on July 11, 2021, 08:13:07 PM

Hi everyone, I want to learn about Bitcoin and investing. I need help on how to go about investing in Bitcoin which I don't know if I can take the risk. I have $3k which I want to keep in the bank but I'm thinking of investing it into Bitcoin. If I purchase Bitcoin now, is their any way I can profit from it from now till next year May? I am planning of using the money next year for business.

Should I take the risk of investing in Bitcoin now or better still put it in the bank?
Will I lose my money if I invest now?

Considering the current dip, it might be a good opportunity to start investing right now. You should assure first that the money you will be investing is the amount that you can afford to lose. No matter what, entering crypto is a risk, it's just a matter of being wise and strategic on when you are investing. Those who do not have enough patience to wait for a perfect timing will keep on losing what they risk so make sure you have the perseverance and focus before committing in an investment. The value of bitcoin is very volatile so there's a chance that the money you invested will decrease or increase depending on the current market situation.

We see the price at down side so its really good to enter this current situation since the market is now at cheap price compare on what we see on it last past months but also we need to be careful about the possible hypes.