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?
You seem to follow the crypto world a lot without owning any bitcoins yourself. It's great that you have such an interest and keep learning new things. But why don't you take next step and start investing someone money? I hope you are not waiting for Bitcoin to drop back down to 100 USD, because those days are over and are never going to come back. It's very unrealistic that we are ever going to see a price below 10,000 USD. Just assume all the people who jump quickly to buy new coins below a big level like 20,000 USD. There are so many opportunistic investors that would snatch up cheap bitcoins. Which is also my goal for 2024, keep buying more bitcoins as much as possible and build up my crypto portfolio.
Well am not surprised about this because alot of person like you are outside and some of them are actually due to the factor of procrastinating that they are going to buy when the price reaches certain level and when the price does reaches they still fall to buy while others is due to lack of unpreparedness as they don't intend to having plans but feel they can just buy but investing Bitcoin needs proper planning so I will also encourage to stir up some moral and certain mind to atleast secure some stats.