Post
Topic
Board Bitcoin Discussion
Re: Newbie Crypto Advice
by
cytpoway121
on 26/06/2023, 21:26:43 UTC
Hello I am looking to invest my 20,000 dollars for retirement but I don't know the best crypto for me to put into to save myself from inflation. I'm 64 years old and don't have the time to learn the ins and outs of this crypto stuff so if anyone can give me advice I would appreciate it.
You can contact me through the forum or via email I appreciate the help

20,000$ is a good amount of money to invest ion bitcoin; but the truth is that investment or more directly bitcoin investment should not be handled this way. As a 64 year old, you should not be depositing your entire savings and funds into bitcoin. WHy? because you will be forced to spend from it and that renders it vulnerable.

My advice for you? i think you should check out your capital again and define "spare money", you can use that to invest long term into bitcoin; because bitcoin is bullish long term