Post
Topic
Board Bitcoin Discussion
Re: What should be my fear?
by
AicecreaME
on 09/12/2022, 03:50:16 UTC
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.

If you don't have any budget but you really wants to buy bitcoin, then do something about it, look for a part-time job if you're a student, or maybe look for another way to earn money if you already have a job right now. The only reason I only think for you to be afraid is when you will spend all of your money in bitcoin leaving you nothing, what I mean by that is that you will have nothing left to pay the bills and to buy your food, because you think that bitcoin will give you a large profit overnight, or even more silly.

But if you don't want to look for another job, look for someone like a relative or friends that are wealthy enough that is willing to lend you a certain amount of money that you desire to invest in cryptocurrency that will not give you a limited amount of time to pay back what you borrow.