Quote from: Macoach on August 10, 2023, 10:30:07 AM

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.

Here we go again! Another wrong misinformation about how bitcoin works. My friend your classmate or whoever told you that by buying bitcoin you're gonna be rich is nothing falling short of a misinformation, bitcoin isn't a get rich quick money-making-machine so if you get in with such mentality you will only crash along the way after couples of disappointment.

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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?

Good a time you ended up finding yourself in bitcointalk community and it's an opportunity for you to learn about how bitcoin really function therefore unlearning yourself those misinformation you were giving about getting rich immediately you invest in bitcoin. Investing in bitcoin you need to give your investment time and with series of follow up. Knowledge is a key factor in bitcoin investment without which you are bound for a loss.

Feel free to check on this:

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