Post
Topic
Board Bitcoin Discussion
Re: interest in the cryptocurrency
by
Strongkored
on 27/09/2023, 03:50:06 UTC
When making investing decisions in the unstable cryptocurrency market, keep in mind to check the veracity of your information sources and to proceed with caution.
This is quite confusing because you are investing in the coin, not the market. If what you mean is price instability in the market, then all cryptos including Bitcoin are like that, and the unstable price movements you mentioned are actually a way for traders to make a profit. What you have to be careful of is coins with small capitalization because coins like this are often chosen by speculators for dump and pump, and we could very well get stuck.
If you invest in Bitcoin then everything will still look safe compared to crypto, so far it has never disappointed its holders.