Post
Topic
Board Bitcoin Discussion
Re: Is it safe to acquire Bitcoin without having the basic knowledge?
by
freedomgo
on 31/01/2023, 19:03:59 UTC
I was talking to a neighbour within the weekend and suddenly he grew so much passion in wanting to invest but now the problem is that his wanting me do this for him with excuses of not having the basic knowledge and I've told him to Google and do his own research about it.
I want to know if it's safe to buy Bitcoin without having the basic knowledge of it ?

The question is, are you willing to grab that kind of responsibility? You know that's not an easy task as you yourself already know the risks entailed with investing cryptocurrencies as there's no such thing as assurance in this industry. Even if you hold it for a long-term, what's in it for you? And how sure are you that your neighbor will have that profits in the future? I doubt, it's not worth the risk.