Thank you for your advice and guidance, it is very helpful to me. I am also learning to understand the crypto market and price trend analysis charts, analyzing and judging investment timing. And I hope that I can invest and earn profits based on suggestions and learning.
Just dont invest all your savings in crypto. Keep liquid cash at hand for emergency, keep investments in traditional fiat markets, aka stocks, bonds and precious metals too.
You need to have more than one method of investment to fall back upon, because when the bitcoin market crashes, it crashes like a tsunami and therefore the other stuff in your portfolio will keep you sane at that time - you will not understand the importance of this at this point but later on you will.
the scarcity of bitcoin supply has a higher inflation in a long period of time, that is why holding bitcoin for long-term investment deserves a happy and lucrative returns.
Deflation is one point that investors take into account. Accumulating it today makes it scarce tomorrow, driving the demand almost intrinsically - one of the factors of bitcoin that altcoins lack.
they don't do any difficult analysis, they just compare the price of bitcoin a few years ago to today. with that simple analysis they have confidence that bitcoin is a very profitable investment in the future. the limited number of bitcoins and the growing interest make the future of bitcoin look very bright.
Interest in bitcoin is defenitely growing. It is a good thing for both investors and merchants, because the more buzz around bitcoin the more pressure on the governments to start allowing people to use it freely.