As a newbie who has a little knowledge of cryptocurrency but much interest in purchasing bitcoin for a long time Hodl, since the purchasing capital is not included in my spendable budget and the price of bitcoin is not very high at the moment 16k, what should be my fear?
Pls, advise me.
I guess you must have heard the word FOMO which means the fear if missing out. This term FOMO is used in a situation where in a bit not to miss out from what the market has to offer, one jumps into the market out of the fear of missing out.
From what you said about, you're not certain of what you're about getting into which isn't actually the best for you because Bitcoin shouldn't be treated as a game but rather an asset or a digital currency and as such should be treated with caution.
Now is one of the best times to get into crypto (
not a financial advice ) but first I will advice you to gather all the necessary information and knowledge you need to gather such as the basic knowledge for wallet, bear and bull markets, etc before diving into the future (Bitcoin) as no one will guaranty you success because everything lies in your hands.