Post
Topic
Board Bitcoin Discussion
Re: Why is Bitcoin in the highest level of trust?
by
BuNga_cute
on 27/12/2021, 22:04:06 UTC
Bitcoin has proven to be able to provide many benefits to many people. Bitcoin has even created a lot of new rich people in a pandemic situation, this makes Bitcoin more popular and gain the trust of many people.
Still, I do see veterans are not recommending to go all-in into bitcoin investments as bitcoin is an experimental project hence investing only affordable is highly recommended. I agree that bitcoin has proved its potential so far in more than 11 years of time but anything could happen in future hence we should not risk our life with only one investment opportunity which could be bitcoin or anything else.

Bitcoin really got the highest level of trust but that does not mean we can invest all our money into it. Even Bitcoin is highly reliable one, we should diversify our investments along with other investment opportunities like stocks and gold to balance our life at any unexpected events.

What you say is true and makes a lot of sense, because no matter how good Bitcoin is, it's still risky to risk all of our money in Bitcoin. Moreover,
many rich people give advice to always invest in several assets, because if one asset loses, we can still generate profit from other assets. Especially
if all the assets we have go up, it opens up opportunities for us to become millionaires or billionaires. I am among those who have known Bitcoin
for a long time and have also managed to make big profits from Bitcoin several times. But I admit that it is very risky if we only invest in Bitcoin,
because Bitcoin does not continuously generate profits. Sometimes Bitcoin also experiences a decline, if that happens we must be able to have income
from other places, it's important to diversify our money across multiple assets.