Post
Topic
Board Bitcoin Discussion
Re: Is now a good time to be investing in Bitcoin?
by
stepwilli
on 19/03/2022, 20:41:47 UTC
People now are more open to investing their fiat money or even their salaries and but cryptocurrencies when their price is low.
Fiat investments are much safer for those who don't like the risk and high volatility of bitcoin's price. Not many people can save 20-30% of their salary investing in crypto because of the risks, but they may still be able to save it for other investments like gold and others. But in the end, your money is your responsibility and only you can decide how and where it will be used regardless of whether you are interested in investing or not.
If you are not willing to take a risk in crypto, it would be very hard to take stocks seriously considering they keep on crashing every few years. I mean look at it from the pandemic to right now, it had 2 crashes already in each end of a big increase.

Elon Musk was worth like 150 billion, went to 300+ and now worth less again. In the end if you want to make sure that your money is with something that is volatile but at the very least it could profit like no other, you should pick crypto. But, if you really want to stay a bit less risky, just keep your money in gold and you will be fine, there shouldn't be really a lot to risk with gold.