Post
Topic
Board Bitcoin Discussion
Re: I am 19 years old boy living in South korea. Please give me an advice
by
South Park
on 20/10/2023, 18:38:48 UTC
After graduating high school, I saw bitcoin on youtube. At that time, it was about 60,000 dollar.
I had some research about Bitcoin. I specially watched videos of Michael Saylor. For me, he sounded very logical.
I checked the price, and I could see that Bitcoin is up 45950334.26% since 2009. I thought I am very late to start invest to Bitcoin, but many people said it is early. So.. I am really confused. I receive about $100 a month from my dad. I am planning to use them to buy some bitcoin.
Please give me an advice to be successful Bitcoin investor in the future.

You are early in the sense that there is still many people left yet to adopt bitcoin and bitcoin is still not used on our everyday lives in the same way that we use fiat, however if you are expecting the same kind of growth that we saw during those days you are in fact late, as even if bitcoin is going to continue to grow as the demand for it increases, its growth is not going to be as fast as it was back then, my recommendation for you is that you save your money and read more about bitcoin, and if you are really convinced about what you see then you can invest your money in bitcoin and hold until when reach the peak of the next bull run.