Quote from: Weawant on Today at 04:08:32 PM

Quote from: Rengga Jati on July 21, 2023, 11:08:28 PM

There are several things that must be considered before we invest in something, including Bitcoin.

1. Invest when you really can and are willing to invest, not to force it, let alone make it difficult for yourself because of investment, especially this is risky.

You're right and from the advices I have seen on the forum, it looks like if you're not investing you're doing something wrong meanwhile people don't realized that not everyone has equal financial power. We have people that if they invest what they have they won't have anything left.

It's not a must to invest in Bitcoin and it isn't a must to invest now. If you're not ready to invest then don't do it because if you allow yourself to get pressured into investing, while others are okay when the market is dumping, you won't be at peace because you can afford to lose.

Bitcoin investment is risky when you don't have the patience to hold for as long as it takes for you to become profitable, you'll lose your capital when you sell and that can lead you into having doubts about future investment to trap you at the position you're financial forever.

You dont have to buy Bitcoin or other digital assets. Its not a sign of financial maturity or adulthood. Dont get me started on those self-proclaimed experts preaching their "not invested yet?" Shame!" mantra on every forum. Its like they live in a parallel universe where everyone has enough of money.

To each their own. Financial power, risk appetite, and life ambitions are as distinctive as fingerprints. Therefore, forcing everyone into a single investment strategy is illogical and destructive.

People are drawn to Bitcoin because they believe in its decentralisation and transparency. Why not dip your toes in if you sense the call and your pocketbook is ready? Until then, let the market dump or pump.