Post
Topic
Board Beginners & Help
Re: As an undergraduate, is it advisable to invest my trustfund in Bitcoin?
by
Woodie
on 11/08/2023, 18:23:05 UTC
I'm a student still studying, and I've been putting away some money from my trust fund over the last 3 years. Because money doesn't seem to buy as much as before in my country and maybe even everywhere, I'm thinking about what to do with my savings. I've been hearing about this thing called cryptocurrency and Bitcoin.
They say if it ain't broke don't fix it, and seeing your saving habit has rewarded you for the discipline and dedication over the years, I will say stick to this strategy that's working for you Smiley ...I know this is a crypto forum and we need to shill it but the naked truth is that crypto takes some time to give you a health return and you can not rely on it as your stable income unfortunately!

People say you can buy Bitcoin and become really wealthy. Even one of my classmates told me the same thing.
Buddy  let these guys not sell you dreams that your friends haven't lived themselves,  of course a few lucky hodlers did get out with healthy bank accounts and hodling isn't as easy as it sounds to become a millionaire.

I talked to my classmate, and he said I could learn about it on my own because there's a lot of information out there. That's how I ended up finding this forum. So, here's what I want to know: Is it a good idea if I use the money I've saved up from 3 years of my trust fund to buy Bitcoin?
If the savings is what's contributing towards settling of your school finances then keep it that way, any other business create a new fund for it!