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Although I have not yet owned Bitcoin, I understand that investing in Bitcoin is a great idea but as like others, it is not a 100% guarantee. And if owned should be stored in a non custodian wallet for safety, I would love to begin my Bitcoin journey and appreciate lots of ideas and advice from this family.
So what is your take about this, would you advise on owning Bitcoin in 2024 or do you see it as a total risk?
In investing, the term "guarantee" means scam... or at least for me because I've seen many projects in the past that've used the word guarantee, and ended up as a scam.Although I have not yet owned Bitcoin, I understand that investing in Bitcoin is a great idea but as like others, it is not a 100% guarantee. And if owned should be stored in a non custodian wallet for safety, I would love to begin my Bitcoin journey and appreciate lots of ideas and advice from this family.
So what is your take about this, would you advise on owning Bitcoin in 2024 or do you see it as a total risk?
As an intelligent investor, always take note that there's no guarantee in investing. There's no guaranteed profit, or guaranteed loss when you invest. Even many are saying that investing into meme coins is a gamble, there's always a chance that you can get profit, and vice-versa. You know OP, all things begin with a single step. Try to step up, save some money and invest into Bitcoin. You don't know until today? Maybe this is the time for you to buy some Bitcoins in preparation for the bull run.
Would I advise you to own Bitcoin this year? Absolutely. I mean in a few months, there might be a chance that we see a bull market happening, and when that happens, you will get profit in no time just by holding some Bitcoins. Of course, there might be a chance that it might not happen. All investments have risks including Bitcoin, so to answer your another question, there's a risk, but if you risk, there's a reward. Not always but sometimes.
