Post
Topic
Board Bitcoin Discussion
Re: Alternative source to invest in the Bitcoin since the price gone scarily high
by
Sim_card
on 08/12/2023, 14:37:41 UTC
[b[Then I answered that Bitcoin is an platform that one can make payments of purchase of an exchange[/b] or a means to receive payments of diverses of transactions such as payment after work done like we are as your employees.
I don't understand what you mean on the bold sentence. Bitcoin is not a platform but a digital currency that was created to be an alternative currency to fiat. You should understand that those your co-workers don't understand what bitcoin is and you failed to explain about the risk of holding bitcoin. You are misleading them by not telling the fact and whatever happens to their bitcoin, you will be held responsible. I don't also think that you told them about the best wallet for them to use as noncustodial wallets. Bitcoin price is pumping now because we are close to the halving and the hope that SEC will approve bitcoin ETF by January. After the bull run bitcoin will dip. It is only when you invest in a long term investment that you have lowered the risk in bitcoin investment.