Post
Topic
Board Speculation
Re: When you're so inlove with BTC
by
asrinur
on 28/03/2023, 14:24:57 UTC
For me personally it is clear that I fall in love with bitcoin more than other altcoins because for me bitcoin can provide big profits. Therefore my main choice has only been on bitcoin until now.
Apart from that, Bitcoin is also able to have a very good influence on the market so it is not wrong if many people, including you, choose Bitcoin because your love for it is far greater than altcoins, some of which do not have good potential for the future. And if at this time you still believe in Bitcoin and still have capital or money that you don't use for other things, it is better if you want to buy Bitcoin at the current price. Because you will feel better profits when Bitcoin recovers again this year.
While there are many advantages to investing in Bitcoin, it is also important to weigh the potential downsides and weigh the risks and rewards carefully before making any investment decision. In addition, it is important to stay informed and adapt your investment strategy as market conditions change over time.
This is something that is seldom mentioned, obviously I like bitcoin but it is not as if does not come without its own set of challenges, and one of the most critical is becoming your own bank, while this is an advantage at the same time it can be a challenge for the average person which has depended on banks to protect their money for their entire lives,  so they may invest in bitcoin thinking it is like any other asset in which they have invested, only to lose their coins to hackers and realize that once those coins are gone it is almost impossible to get them back.
Correct. I agree with you that investing in bitcoin is a challenge for us. Moreover, the price of bitcoin or crypto currency in general is very volatile. so investing in cryptocurrency requires the right strategy so that we can get satisfying profits.