Quote from: Bitcoinpoly on Today at 05:29:32 AM

Quote from: Pablo-wood on October 21, 2023, 05:50:24 PM

I am asking this because not everyone has made tangible profit for holding. Just like myself I end up selling at a loss most times just to solve a problem. Some might be lucky to buy at a low rate and within few weeks or months the price just pumps to their favour. This kept me wondering if Bitcoin is actually for every one or it is a scheme for selected individuals..

Basically Bitcoin and crypto currency in general is for everyone. Though this is where the knowledge of the volatile market come to play. You must understand the volatility of the market before you can know the best time to buy and when not to buy. Although there are some functions like the Smart portfolio bot on Bitget that helps to rebalance your crypto holdings and ensuring a constant proportion for your assets.

In fact the crypto market does not stay in one place and always goes up and down so it becomes difficult to understand the positions of the market at times. Therefore before investing in bitcoin one must have good knowledge and skills about the market. Anyone can invest in bitcoin if they have enough proof money it is true that there are risks involved in investing in cryptocurrencies. But if one can invest at least once with risk then crypto can play a special role in profit as well. Every investor moves with risk and cryptocurrency has the highest demand among investors.