Quote from: Sanugarid on Today at 12:12:11 PM

Quote from: Arslan0049 on August 18, 2021, 04:33:09 AM

I was just reading a report about BTC , A USA family sell all there assets and with that amount they invest in Bitcoin in 2019. as in 2021 BTC was on its peak ! So they get huge profit.

But as a dump then came in crypto market, for every investor it was really a great shock.

What you people say about this topic ?
Should we invest just like them or should start with a less amount ?

as Bitcoin came down in past months . it can be a great loss for those who invest madly !

Must drop your suggestion !

It is not really advisable to sell all of your asset and put it all in BTC because the market in crypto is super volatile wherein it could be new all time high or the other way around which is a nightmare for all investor including traders. It doesn't mean it worked for them, it will worked for everyone. So just invest what you can afford to lose , BTC could crash anytime just like on what happened few months ago and if you're not mentally prepared then don't do it.

This is so crazy and its like suicide if people will do that since imagine how big the risk we might get for certain movements of bitcoins, also we might lose a value for the volatility so for sure once people see that price decrease on their asset then they might get panic and dump so for sure they will get in trouble for doing this that's why its not really advisable to do this things since we might get broke instead of aiming to get wealthy and spend only what we can afford to lose this is always advice here so hopefully newbies will listen.