Post
Topic
Board Bitcoin Discussion
Re: think before investing
by
cheezcarls
on 26/08/2023, 11:50:37 UTC
I became more interesting on this topic when my friend hard about the profit on trading and investing on bitcoins.without  the ideas or knowledge about it. because he only hard  that, there are high profit on investing on Bitcoin. without knowing how Bitcoin is been trade. he went and sold his property to invest on Bitcoin without been knowledgeable about it. he went ahead and invest but loss everything because he doesn't know how to trade Bitcoin. 

He came and told me everything. i feel pity on him, and started teaching him how Bitcoin is been trade and invest. He was very serious to lean and now his happy and his doing very well. in every business or investment you are in backing on, I think you need to lean and be  knowledgeable about it before you invest on it.

I am not sure if I would believe in your story that he sold his property just for Bitcoin. Can be a made-up story.

But regardless if it’s true or not, it is better to educate about the risks first and how to manage them. This is much better to prioritize before investing in some certain coins in the crypto market these days.     

Ain’t a good idea to go all-in by surrendering your entire property in exchange of Bitcoin.