Post
Topic
Board Bitcoin Discussion
Merits 6 from 2 users
Re: Live Bitcoin radio broadcast with My Local Community as the presenter
by
RockBell
on 05/09/2022, 20:38:55 UTC
⭐ Merited by Cookdata (3) ,The Pharmacist (3)
Bitcoin could be earned when it was still in its early stages but now, you can only earn as a miner, but you can buy a small amount and hold it.
Why small amount? I would prefer to have my money in bitcoin after a significant bear market, the best time to buy bitcoin. Well, I can accept that people should buy small amount, but they should know that bitcoin is a speculative asset and can be a store of value and a hedge against inflation if holding it for a long period of time.

People can speculate, buy bitcoin and still earn more money from it, a way to invest in bitcoin.

First of all, this is one of Nigeria radio station where I work.
People see Biitcoin is high risky investment, so many of them due to lack of understanding and orientation,introducing it to a bigginer you need to let them know it bit by bit and help them master how the volatility affect price.
You don't explain bitcoin to people and tells them to go put all their life savings, that's not how adoption works and again, remember this is a live show which you need to apply caution and sense so that I don't end up jeopardizing myself and the people I work with.
Always apply caution to people that are new to bitcoin.