Post
Topic
Board Altcoin Discussion
Re: Should I Keep Buying Bitcoin Alone if I Have Limited Resources?
by
isaac_clarke22
on 03/06/2023, 18:29:05 UTC
-large text snip-
Who's this "investing influencer" you're talking about, Winderl?
Surely that "investing influencer" still has something unmentioned aside from the answer s/he gave. I would not keep buying BTC when resources became like a scarce for me. I would not loan or/and sell my land just to invest in crypto. That's too much desperation on my own end and that's like digging myself a hole that I would not be able to get out from.

About those crypto investors back in 2011, surely they would say the same of "just buy and hold BTC". It isn't rocket science. Just invest what you afford to lose and forget about it in around year or two. What coins do I think that these early investors hold in complement of BTC and ETH? Surely it is still Bitcoin. Just from how there was massive waves of scams happening to each trends, I won't even attempt to try in the altcoin side if I was that investor though.

If you don't have a lot of money to spare, it's probably not a good idea to only invest in Bitcoin. Buying Bitcoin can be risky, and if you put all your money into it, you could lose a lot . It's better to spread out your investments and consider other options .Remember to invest only what you can afford to lose.
Depends on where you invest your coin. I would invest in Bitcoin instead of other shitcoins out there if I have less money to be intended for investment. It's not just worth the risk of losing it over something that's obvious that it isn't going to be profitable in the long-term