Post
Topic
Board Bitcoin Discussion
Re: Best piece of advice to anyone going into bitcoin
by
boty
on 29/12/2023, 15:50:14 UTC
Buy a little bit of bitcoin every week don't care if it's a $1, $5, $10, $100, figure out what you can afford every week and buy it, get rid of unnecessary expenses or whatever you can think of getting rid of and spend it on bitcoin
5 to 10 years if you buy some every week you will be a multi millionaire

Bitcoin does not impose any restrictions on what you can or cannot buy, or on how much you can buy. But, if you can, try to hold for a long time in order to reap the benefits later. It is possible to become a millionaire in bitcoin investment after 10 years, but if you are greedy and allow it to enter you, you will lose a lot of money in this space. Bitcoin is viewed as a safe haven investment by many; if you've done your research and believe so, you can get in now while it's still early.
We can invest whatever amount we can afford in Bitcoin and if we can do it consistently of course this is very good because we cannot know for sure when the price of Bitcoin will be high. It would be better if we could hold it for a long period of time to be able to get advantage, when someone chooses to invest in Bitcoin of course they have to really understand it well because if they don't understand it of course we won't be able to take advantage of the right moment to be able to buy in the amount we can afford.