Post
Topic
Board Bitcoin Discussion
Re: How much effort should one put into Bitcoin investments
by
adzino
on 12/04/2023, 23:05:54 UTC
Bitcoin investments is a very promising investment which although seems to be of long term returns.most persons are not patient enough to wait till the value of Bitcoins rise significantly .
Soo in general how much should one invest in Bitcoin should it be "how much you can easily invest without stress " or "as much as you can invest at all cost"
Although I am aware it isn't a do or die affair
If you aren't new to the crypto market, then you already know the golden rule for investing in crypto currencies. Only invest what you can afford to lose. So, put in an amount that won't stress you out too much if things don't go as planned. Money that you don't need and won't affect your life if you lose it all. Remember, Bitcoin can be volatile, and you shouldn't put all your eggs in one basket. I mean, invest most of your coins in bitcoin, a little in altcoin and the rest somewhere else. Diversify your investments and always do your own research before investing. Think for long term profit. You won't get rich over night.