Post
Topic
Board Bitcoin Discussion
Re: Today I helped 2 non-crypto people invest in bitcoin
by
SFR10
on 19/09/2021, 11:39:13 UTC
Then my uncle says, "Only Bitcoin is not an option because its price is too high.
~Snipped~
My uncle's investment : $25000 (Total)
I'm curious to know what was your response to what your uncle said about BTCitcoin?
- He was never going to buy a whole BTCitcoin with that $25k!

DYDX: $1330 Buy average ($15.7 price)
This is amount they invest for long time
If that's among the coins that you've chosen for them, then what makes you think it's going to last for a long time?

It is recommended by almost the majority to invest in the top 10 of the crypto market.
What makes you think they're correct?

If he is investing for 4 - 5 years, then there is no issue and this is the best investment.
There's actually a common issue with a lot of altcoins: They don't last long enough [Dead Coins or List of dead coins].
- I haven't checked every single one of them, but I'm sure there are some that didn't even last a few months!