Post
Topic
Board Bitcoin Discussion
Re: Has Bitcoin Helped Create Big Changes In Your Life?
by
Compromise me
on 29/08/2023, 11:47:19 UTC
Has Bitcoin Helped Create Big Changes In Your Life?
Yes, Bitcoin has changed many people's lives and their.you can estimate from the price of Bitcoin that when Bitcoin came into existence , its price was very low and slowly how much it increased its value.whoever invested in it at a low price is now millionaire and it is obvious that when a person becomes a millionaire, his lifestyle also changes.Anything or any investment takes time to change . If you think that I can become millionaires overnight by investing in Bitcoin that is wrong .And I have also seen many people who lose everything by investing in Bitcoin because they make short term investment in Bitcoin.

Well it's true, investing in Bitcoin will not always be profitable, many have also suffered huge losses and even lost their valuable assets. So in my opinion, don't be too inspired by people's success, but first look at the various risks, if you feel you can't afford it then don't do it. Basically, big profits will always coexist with a large level of risk as well.
You are rightly saying that where the profit is more the risk also the same .By investing in Bitcoin you can make a profit ,but you can also make a loss ,the point is that the loss should be under your control.People often lose their investment because when they invest in anything the price of what thing goes down .so they get under pressure then they try to get out of this pressure sa soon as possible.This stress reduces your ability to think, due to which you have to experience risk.