Post
Topic
Board Bitcoin Discussion
Re: What does it take to become a Bitcoin investor
by
Mr.sprin
on 05/05/2023, 14:35:22 UTC
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
your friend is right he has become a bitcoin investor because he has stored bitcoins in his wallet, what bitcoin investors mean is people who hold bitcoins in their wallets, this is why bitcoin prices are expensive because investor confidence in bitcoin is getting higher if investor confidence in bitcoin fades and all btc is sold simultaneously by investors, so the price of bitcoin will drop dramatically and will even become trash, this is just my opinion, if I'm wrong, please cross it out.