Quote from: pieppiep on September 16, 2022, 06:00:36 AM

Crypto investing is indeed just like investing in any other business. But investing in crypto can be done by almost anyone who wants to profit in the future or, say, a few years later because we can start investing in crypto with a small amount of money. That's why people can start investing in crypto, especially those who don't have much money to invest. But unfortunately, not everyone has the mindset of an investor who thinks that by investing, they can earn a hefty return in the future.

Many are still afraid to invest in crypto because of a scam or something else. But it will all depend on how they can get the right coins to invest. And if they just chose bitcoin, I think it would be the right decision.

People see it as go all in right now and wait for it to go up type of investment and not like 401k type of retirement fund. I rarely ever hear someone who puts up a certain amount of their salary into bitcoin every month, and plan on doing that until they retire.

I keep saying that if you put 10% of your salary into bitcoin for the next 20 years, and just keep doing that without ever selling, by the time you retire you are going to be able to say you are a wealthy person and could do whatever you want and your children will have an amazing future because you will leave them a wealth. But obviously most people want to get rich right now and that is the only thing they see in bitcoin.