Post
Topic
Board Economics
Re: No where is actually safe
by
lienfaye
on 31/01/2022, 02:56:46 UTC
Everyone has recently seen Bitcoin's growth last year and as well as seen many investors gain a lot from it. Hence yes we have too many investors leaving their business and investing in Bitcoin with all their money they have. But yes many here know it's too risky to invest in Bitcoin but they blindly believe that holding Bitcoin will certainly will bring in more profits. But yes nothing can be assured of.
Some people who think its easy to earn when you invest in Bitcoin are those who witnessed the drastic increased on the price of Bitcoin last year. They tend to go with the flow not knowing the price can also fall like whats happening currently whereas the market is having a hard time to recover consistently.

The reason why its important to gain knowledge first before investing because not all the time the market will go as planned. Red days are inevitable so if you dont have long patience you might panic and sell at loss. Its similar in traditional business, people should have patience because the fruit of our hardwork cant be seen overnight.