Post
Topic
Board Bitcoin Discussion
Re: Life's first investment in Bitcoin by selling bicycles
by
Rockstarguy
on 23/02/2023, 09:19:17 UTC

Ever since many people talk about how to make a profit by investing in Bitcoin, I have been wondering when I can invest in Bitcoin. There is a lot of information about investing that I have tried to learn. And from various online platforms I got some information and ideas about investing.

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.

I guess before you made decision to invest in bitcoin you already understand how the market is, that it is volatile and unpredictable. If the price of bitcoin falls you don't need to be panic because you are already aware about the volatility of the market, and your target is to wait for profit.  Fall of price of bitcoin should not make you feel panic , as far as you are hodling bitcoin the drop in price doesn't mean you have loss your bitcoin,  you only loss when you panic and sell your bitcoin. 

Just keep calm and hodl do not allow volatility to make you panic, the fall of price won't remain forever it will definitely rise back. You took a bold step to invest in bitcoin which will be profitable to you if only you wait.