Post
Topic
Board Bitcoin Discussion
Re: I feel like there is no way to keep up
by
AniviaBtc
on 01/08/2021, 06:21:32 UTC
I legit dumped everything I had into it.
I already spend literally everything I have leftover, aside from rent, utilities, food, etc. you know. Like. My main source of entertainment is just crypto news videos.
One of the popular piece of advice is to only invest amounts that you can afford to lose; Going all into Bitcoin sounds very novel, with dreams of getting multiples of your investment, but there's a level of risk to it. Your risk could pay off in the long run, but as an investor, regulating your level of risk is very important.

That's why I've came to the conclusion that I have to risk it and invest more heavily into alt coins. In the hopes doge pumps again. next time if it gets to just 50 cents I'll sell half and convert to bitcoin maybe.
Buying and holding  Bitcoin seems a better approach.

People are violating some of the rules before investing and it is sad to think that they are losing money due to ignorance.

It depends on how you value your money when you're investing because that will help you to secure your funds and at the same time deal with risks.

No matter how much you invest, money is not that easy to earn so be responsible when investing your funds.