Post
Topic
Board Bitcoin Discussion
Re: Buying cheap is best formula
by
Tony116
on 25/06/2023, 00:16:13 UTC

Yes, it really depends on how a person describe Bitcoin based on their perspective and experiences. If they profited a lot in Bitcoin and called it as a source of profit and some planning to have a long term investment from it so in the future they could have a financial freedom. Bitcoin could really gives a lot of opportunity to the people on how they manage it. But let's not sugar coat it and be biased on Bitcoin there would be a risk involved and won't avoid the losses in the process.

I'm not a maximalist junkie who would judge what you said with disgust but I'm pretty sure that if the goal is to invest in Bitcoin without looking at profit but at financial freedom you can consider it a safe one.  I am convinced that it already works and is making many people free especially the unbanked.

When it comes to finance means people are looking for profit, and freedom is not something that will be prioritized. If bitcoin were just a currency with no volatility and no profit making, do you think many people would get into it just for the sake of freedom? I believe almost 99% of people invest in bitcoin for the profit it can bring, freedom is just the second factor. How many people come to this market for technology, for freedom, and not for profit? Are you looking at bitcoin as currency?