Post
Topic
Board Bitcoin Discussion
Re: I choose Bitcoin
by
BITCOIN4X
on 05/10/2023, 14:21:29 UTC
~Snip
Bitcoin investment is very important to us who are involved with Bitcoin. But people who are not involved with Bitcoin will not understand the importance of Bitcoin investment. If I had the OP's personality, I would first teach him about Bitcoin and then give him an idea of the volatility of the Bitcoin market. If he agrees to invest in Bitcoin after knowing everything about the ups and downs of the market, I will definitely make him invest in Bitcoin. But instead of keeping money in various online banking accounts, I think it is better to invest in Bitcoins. Because if you can hold Bitcoin investment for a long time, you can definitely earn hundred times more than the banking interest rate from here.

However, no direct offer can be made to anyone to invest in Bitcoin. If he is willing to invest in Bitcoin, then you can make him invest in Bitcoin. And if he doesn't like it, never invest in him because he will blame you for the rest of his life if he loses.
Someone who comes to invest at bitcoin is actually those who believe in the good potential of the resulting profitability. Its price volatility allows them to gain profits in the short term as well as in the long term, but bitcoin investments tend to be expected to be long term rather than short term investments.

I agree that the potential returns from bitcoin investments can exceed the profits from bank deposits, but someone who doesn't like risk and high volatility is not suited to bitcoin. Not everyone agrees with bitcoin for various reasons, but I hope they can change that mindset when they get involved with bitcoin. Some classic investors don't like investment instruments without physicality, so they won't suit bitcoin.