Post
Topic
Board Bitcoin Discussion
Re: Buy Bitcoin, You'll Thank Me Later - Mexican Billionaire Says
by
Japinat
on 24/02/2022, 21:09:50 UTC
I would be very wise about spending my money as an European with the current events.  Yes, it is great that we have an opportunity to purchase Bitcoin at lower prices but it is not the most fortunate circumstance.  I typically advice anyone and everyone to buy Bitcoin dips but this is really an exception.  The crisis has just begun and having a reserve of cash may be very handy in the near future depending on how things unfold.

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Regards,
PrivacyG
You are right, because the situation is not completely stable yet. It could still experience a deeper correction impact. The supply of fiat money for now may be intended to survive in the midst of the current crisis. It's like the war between Russia and Ukraine is starting to ignite. Supplies of food and medicine will be very much needed at this time.
But it will always be a better option if we can start investing in every dip as we are not certain if how long this correction will take. So always invest in an amount you can afford to lose, and leave for a bigger funds in fiat as we still have to deal the money crisis that we have at the moment. However, if Russia will continue to evade Ukraine, there is a possibility that bitcoin price will still be heavily affected and will stay in a cheaper value. So buying bitcoin at the moment has been very beneficial for us because its the best investment we have in this decade.