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. People say you can buy Bitcoin and become really wealthy. Even one of my classmates told me the same thing.
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?
Your friend is not totally right about Bitcoin, first you need to understand that Bitcoin is not a get rich overnight investment and secondly these forum doesn't advise anyone a particular coin to invest but instead it helps with all the knowledge you need to have about crypto, so as someone that was brought newly into crypto the first thing you most do is to learn the basic things and investment risk, in times of investment one thing is investing another thing is how well can you handle the risk of losing your money, is always advisable to invest what cannot affect you when the market turn against you.
So for me I cannot advise you to invest now instead I will suggest you go for more knowledge about Bitcoin before going into it, here in this forum you can learn all that you need to learn about Bitcoin if your willing to learn.