Hey everyone, I am new to crypto and have yet to start trading but all I see in the news is that Bitcoin prices are up and down fast. As a newbie should I look into purchasing it? If I do not have the capabilities to purchase a single coin can I purchase like a percentage of it? If yes how do I do it? Please help!
The only reason you should take consideration on not buying bitcoin is when it is at it its highest value at the moment because the likelihood of you earning from that investment is very low. Also, if ever you are transacting with someone who seems shady and untrustworthy, you should set back your transaction right away or else you will lose lots of money. You should never waste the chance of buying a bitcoin if its value is currently low yet you should take a look at the probability of it falling even lower so be careful. You can try diversifying your investment to other coins and you can buy only a percentage of it because buying a single coin will surely be expensive.