Post
Topic
Board Bitcoin Discussion
Re: With all your assets, Investing in Bitcoin is really a madness or beneficial ?
by
Imran232
on 27/09/2021, 11:04:14 UTC
..........

It would be beneficial if you wouldn't do what it takes to give you benefit. Well, let me explain. You invest all of your savings in bitcoin, and then you see that the bitcoin dump is 20% after the bad news, and your investment is now in the red. Now it has become a stable price at that point. It also provides a push for altcoins to be pumped.And you saw all the coins become green, but bitcoin is stable. It increased a little bit. But you are still at an 18-19% loss. If you understand it, it is a market game. And it could boom at any time and recover my loss and give me a profit. Then you might be benifitial. But according to experts, they didn't suggest anyone invest all of their money in bitcoin. They suggest investing that amount, which is like extra money to you because of bitcoin volatility. I also think the same. Thank you.