Hey everyone, I've been grappling with a question lately and would love to get your thoughts. How much of my monthly income should I realistically invest in Bitcoin, considering the emotional rollercoaster of the crypto market?
You can invest your monthly income as much as you can if you’ve made up your mind not to touch them after investment and have decided to invest what you can afford to keep for the long term. You’re not investing in bitcoin with money you can afford to lose because if you’ve such mindset, you’ve derailed from bitcoin investment and you won’t get what you want at the end of the day. Bitcoin investment when invested as it should be, you’ll benefit from it later.
I understand the potential gains, but I'm also thinking about the stress of watching the market's frequent ups and downs. Seeing those price fluctuations can be a real thrill ride – exciting one moment and nerve-wracking the next. So, what's the sweet spot? How do I balance a smart investment percentage without getting overwhelmed by the market's volatility?
This is a normal feeling to many bitcoin enthusiasts or investors, it just differs how everyone feel theirs and how everyone have built their mind to have resistance to such changes in the market after their investment. The best way you can still balance your investment percentage is by investing what you can afford to keep without touching for the long term until you’ve benefited from the investment. Bitcoin investment is a safe haven amongst other crypto assets, so you need not to worry how long the investment takes, you’ll benefit from it as long as you remain patient for the investment to grow