Conclusion
The decision to invest in Bitcoin in 2024 requires careful consideration. Bitcoin remains a highly volatile and speculative asset, but it also holds potential for substantial growth. Before making an investment decision, it's essential to conduct thorough research, assess your personal risk tolerance, and contemplate your long-term investment goals.
While numerous factors influence Bitcoin's investment potential, one thing is certain: Bitcoin continues to be a captivating topic, sparking diverse opinions and discussions. In navigating the uncertainty, awareness of risks and the potential for high returns is key to determining whether Bitcoin remains a viable investment in 2024.
When talking about bitcoin whether it is in 2023 or indeed in previous years then it still has to do careful thinking to do that because after all we certainly know that this is a risky investment if it is not able to do it from the start because of factors such as what is said from the conclusion you gave actually never try because it will only make you lose the money you have because of lack of readiness starting from knowledge and analysis.
A lot of people say they are fooled by bitcoin just because they don't study it well and are only focused on very fast profits because the initial thinking is always the same where "bitcoin is one of the investments that can double money instantly" but they don't have a good plan and don't think about the impact and process that will be undertaken because this bitcoin has a volatile nature so that when the price decreases then they will panic and try to stop the loss by selling so that it raises the word bitcoin is a scam.
To be honest, for cases like this it is not a mistake for bitcoin but because we cannot research it properly and the initial mindset we have is wrong so that it makes us wrong in acting in the end.