Post
Topic
Board Bitcoin Discussion
Re: What does it take to become a Bitcoin investor
by
sulendra12
on 06/05/2023, 22:19:39 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
If you buy the assets for the hope to get profit when you sell it then it called Investor. It doesn't matter if you know about said assets before you invest. But again there is a difference between smart investors and bad investors, that's why the knowledge and experience matters a lot here. Your friend really had a bold move saying he purchased 0.8BTC, I hope he knows what he is doing otherwise it will be wasted.