Quote from: Roseline492 on Today at 08:41:15 AM

Quote from: G_Besar on November 17, 2023, 11:00:45 PM

Quote from: Igurugwu on November 17, 2023, 09:52:45 PM

I intend building a house from the money I will make from bitcoin some day and name the house after my late dad, because it's the money from the legacies he left behind that I have been using to invest in bitcoin. I keep adding bitcoin to my bag whenever I receive my money from my elder brother who run my late dad's business.

I think there are many people every year who have built or bought a house from the Bitcoin they earned and I have also witnessed that with my own eyes over the years. And if you also have such intentions someday, I think that is also quite good although it is not that surprising for me personally because I have seen several people around me who do things like that even though they don't name their house after their own parents after they succeeded in building it slowly.

Perhaps as an investor your plans shouldn't be the house you could possibly built from your returns on your Bitcoin investment because it could affect your emotion if the plan doesn't work the way you expected, perhaps it was due to this kind scenario that it was advised never to see an investment as a get rich quick because investment on Bitcoin could take a lot of years and not even certain that you could meet a good return by then.

Actually you are right and theirs something you have to understand for investment, this investment we do emphasise on, its a something that deals with advantages and disadvantages and since it happens to occur in both side anything can happen during the investment, any investor should primarily and secondary plans and the secondary plan should be back up of the investment, you can only think of developments or infrastructure as a business when you have accumulate more, and whenever you start your infrastructure it will not affect your business plan's, that's the reason why we do say concerning bitcoin investment that investors should invest what they can afford to lose because you can lose at any point in time, and also diversified your ways of generating income, bitcoin is investment and everytime people do look at like something that have a specific period you will invest and make profit, so I do refute such because theirs no particular time that is seasonal for profit making in any investment, so investment is all about risk.