Post
Topic
Board Speculation
Re: Share your opinion on the market.
by
bitterguy28
on 23/11/2023, 04:31:57 UTC
-snip-
No need to pay attention to those who don't like you or don't like the way you invest and trade in the cryptocurrency that you have trusted. Because everyone has their own way and reasons for trusting the market and the conditions of the cryptocurrency they like, because when Bitcoin starts to improve its price and grow again in the market, it is an opportunity for those who have believed in Bitcoin to enjoy the results. Meanwhile, those who do not believe in the market potential and Bitcoin will continue to be wise spectators and will not gain anything.
There are times when you need to hear good advice, especially advice that is useful for your investments, but of course you don't need to force yourself to believe it as financial advice. As an investor, you must have a goal for your investment, financial planning, risk management and also develop a strategy. Other people are never responsible for your investments and your life, so just do what you want to do as long as you truly understand the benefits and consequences.

I don't expect everyone to believe and only invest in btcoin, I don't care but bitcoin is one of the investment instruments that has performed well so far. The potential profits from this investment very makes sense, in fact many of us believe the price will reach a new ATH after the halving.

I would not advise anyone to lend money unless they need it urgently, but to lend money and buy Bitcoin it is something that everyone should know if they can pay it on time or not, but it would be a very interesting risk, because it can be paid in one Maybe if bitcoin goes up, the rest if it goes down, then I don't recommend it, because obviously things can be more difficult to pay, so these things are what have to be seen, but if I would do it, buying bitcoin now is buying to our good life in the future, right now it is what should be bought, there is no doubt about it, when it rises more than 100 thousand USD things will manifest themselves again as regret for those who did not buy out of fear.

Borrowing money to use as investment (specially in bitcoin/crypto investment) is something very wrong to do , imagine that you will be needing to pay that borrowed money in specific time while the price of crypto is unpredictable?

what if the price of bitcoin fails to have a huge increase for years? what would you do to pay that borrowed money?
I think that is a double risk to do , borrowing money from super volatile market investing.