Quote from: finaleshot2016 on September 19, 2021, 10:44:44 PM

Quote from: COOLCRYPTOVATOR on August 23, 2021, 03:19:50 AM

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

No, I know a lot of people who started at the bottom with little experience and expertise and are now millionaires because of cryptocurrency. So, in my opinion, financial stability is not a major determinant in becoming a millionaire because small investors may also hold their assets if they have the ability to do so. It's true that wealthy people don't mind if bitcoin prices fall because it's a long-term investment with a small amount of money at stake, but if small investors are also thinking about it, assuming that they've entered crypto for investment, then they should hold until it gives them huge gains and then diversify into other assets until they become millionaires.

It is not just about holding, because when we think of investment, we only think of holding; it is also about trading and investing in a promising coin. That is spot trading, which can result in a huge profit if a bull run occurs. Even if we have enough money to hold the coin, there are many risks involved in doing so, so we should learn first before jumping in.