Quote from: Edwardard on Today at 08:24:29 AM

Quote from: bounceback on Today at 07:46:41 AM

are you prepared for the always volatile market that can sometimes make you lose everything

Technically speaking, he can't loose everything on his btc investment. He can only loose it all if he starts futures/options or altcoins trading with his initial investment. Bitcoin can't just go to zero to make his 50$ worth null, Tongue

Also, @OP you must immediately transfer your investment to a safe self-custodial wallet if you are not going to trade with it.

That is a must as any exchange will only be good for trading, but not a safe place for saving our money. However, the market volatility or lets say bitcoin volatility is what make us more profitable in the long run. But newbies seem to have fear on it instead. Moreover, as long as you did not sell when the price is declining, you will have nothing to lose. Just consider bitcoin as your long term investment, that way you will have no reason to sell whatever the price it is today.