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Topic
Board Speculation
Re: Reason why I put all my money in Bitcoin as a newbie
by
BuNga_cute
on 30/05/2022, 22:53:32 UTC
Am still new in this space both in cryptocurrency and in this forum and seeing what is happening even to stable coins lately make me decide to put all my investment funds into Bitcoin since Bitcoin has never crashed
Never crashed? In fact, this is what we see nowadays, we are in a market crash situation where the entire market is affected including Bitcoin.

If you think that Bitcoin is immune to this, you can be wrong and I will advise you not to focus on Bitcoin investment alone but rather to split it. There are a lot of investment opportunities in your local (that are surely possible), you can invest them as well to back up your Bitcoin investment as this was a smart and wise idea.

If someone says Bitcoin never crashes, it means he has no knowledge of the crypto world. Due to the fact that not only this year has Bitcoin crashed
or dropped in price very drastically, but Bitcoin has fallen repeatedly. But what makes Bitcoin special compared to other coins, Bitcoin can always recover
no matter how deep the price of Bitcoin falls. Therefore Bitcoin is the safest choice for investment.