Quote from: Vishnu.Reang on Today at 04:55:31 AM

Quote from: Wawa2013 on August 10, 2021, 10:39:26 PM

I agree not to equate investing in Bitcoin with other assets, because investing in Bitcoin is much more risky. So it's not necessarily people who
have succeeded in investing in the stock market, will also be successful in investing in Bitcoin. The price of Bitcoin is very volatile, so it is normal
for the price of Bitcoin to fall very deeply or even rise very high, things like that happen over and over again. Since there is no guarantee that
Bitcoin will recover, so it is very wise to always invest money that we can afford to lose. If we want to be successful investing in Bitcoin, we must
be willing to continue to learn, in order to understand how Bitcoin works.

I have heard this argument a lot of times that in Bitcoin we should invest only as much as we could afford to lose. But my personal experience is different. Back in 2013/14, one of my friends got so much addicted to Bitcoin, that he took loans to invest in it. And at that time, the exchange rate of Bitcoin was $800 per coin. Two years later, the price stood at $200. Luckily for him, he didn't sold any of his coins, as he had faith in cryptocurrency. And now he is at 50x profit, when compared to the purchase price.

Thank you for sharing your personal experience, of course there are lessons we can all take from the experiences you have shared. That trust in Bitcoin
will lead us to be able to enjoy big profits from Bitcoin. But to be able to have a high level of trust in Bitcoin like your friends is not easy. It takes
good knowledge of the crypto world, and also how we control our emotions when investing, it helps us to be more patient when investing in Bitcoin.