Investing in cryptocurrency, like any other investment does not imply a quick profit. You will still need to wait for your plan to work. You can say that you are lucky if the profit happens quickly and you bought coins at the bottom. But if the bear market is not over yet and you bought coins at a high price, you will have to wait long and nervously. Especially since not all coins recover.
Because here discussing bitcoin then there is no quick profit investing in bitcoin all of it takes patience long enough to produce greater, especially through its cycle, can be said to be 4/5 years, if only a few months or 1 year it is not enough in my opinion so make sure again to commit that bitcoin is for the long term, added during the bearish season then there is definitely panic and anxiety making us not calm to see the price continue to fall.
Though social media does play a great role in the adoption of cryptocurrencies, it also has a lot of negative effects as well such as there are a lot of scammers on social media platforms these days since they know people are crazy about cryptocurrencies and are always looking for ways to earn money online through cryptocurrencies and online investments, so scammers use these things in their favor and create phishing sites and create scam investment platforms to take away the hard-earned money of newbies.
Until now, there are still many platforms that offer investments in bitcoin with unreasonable returns, such as ponzi schemes and investments that offer high APY, this way they spread to some of their scammers so that more people are trapped in that investment, we must be careful otherwise the scammers will try to deceive you.
Investing is quite simple Choose a well-known Exchange, Buy and store it in a personal wallet, not on an unfamiliar platform.