Post
Topic
Board Bitcoin Discussion
Re: Life's first investment in Bitcoin by selling bicycles
by
bounceback
on 23/02/2023, 07:46:41 UTC
So I decided to sell my bicycle and invest in bitcoins. But since investing, the Bitcoin market has gradually started to decline. I invested with a small amount of money and from that small amount of money I lost like 5 dollars. But I am optimistic that I will definitely benefit from the amount I have invested.
You sell a bicycle then put your funds into a bitcoin investment sure this is the right decision but as this is your first investment in bitcoin do you know all the risks about investing in bitcoin and are you prepared for the always volatile market that can sometimes make you lose everything and can also make you able to get a return in a short time.
Don't panic about the current decrease in your portfolio value after you buy bitcoins because later if the bitcoin price goes up again, your portfolio value will also go up again and you will even see a profit when the bitcoin price goes up.