Post
Topic
Board Bitcoin Discussion
Re: Struggle now to invest in Bitcoin for a bright future.
by
dunfida
on 12/02/2024, 20:46:15 UTC
Investing is considering us preparing our future and I really appreciate those students who think about investing earlier despite of their situation. Indeed, it was a struggle for us to start especially if we only had a small income but if we really care about our future, we should have to do it. Perhaps, it was only hard at the start but in the later part when we already adjusted our spending habits, that seemed too easy. We don't need to make an excuse because we don't have money but instead, we think about how to grow our income so we have an excess money for this.

One thing about Bitcoin is that you don't need a huge capital to start investment rather you can start investing with 10$ weekly or monthly, whichever option suits you. There are many examples available where people keep investing small amount of fiat in Bitcoin and with time that small amount has grown to give good ROI.
Despite the fact that Bitcoin price has gone up to 48k$, investing in bitcoin is still profitable provided you have patience to keep investing for long term.
It doesn't matter how much you will invest, what's important is to invest an amount if you are seeking profit however, also manage your expectations. High risk, means high rewards and the opposite will go to smaller amount. As we all know, what creates conflict with bitcoin investment is our assumptions as investors. If you are only capable of investing small amounts but hoping for huge returns. Bitcoin has been proven to be a good investment or sometimes better with gold for a shorter period of time due to its high market price volatility. It may not assure high market price increase in an instant but due to the hype and popularity it is creating, we cannot doubt things especially when it comes to its potential. More people are getting interested with this blockchain technology. Future is bright indeed, but always prioritize managing the risk in this industry.
Manage your expectations indeed because this market isnt always talking about going upwards but rather it would be also having those dumps and crashes. This is why it would be always important that you should really just that invest on the amount that you can afford to lose and not make yourself that being too positive unless if you are a holder then you wont really be having no issues when it comes to movement.
This is why it would really be that best that you should really know on what you should gonna do and on what are the risks involved on investing on crypto space.
Dont make yourself that too confident because this would really be leading into those mistakes and this is something that we shouldnt really be doing in the first place.