Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: HODL bitcoins, you can do it! Look at HODL camp map to build up strong hands
by
Nanga Parbat
on 18/02/2024, 18:05:25 UTC
⭐ Merited by fillippone (1)
Bitcoin likely remains amongst the best, if not the best current investment, and guys can choose their own path, including their own allocation choices.  And, yeah, it is not guaranteed, but it remains very sound money, if any of us might not have had noticed.
Bitcoin is the king coin of cryptocurrencies and is considered by some to be a great investment vehicle.
 Like you said @JayJuanGee, there are no guarantees or guarantees on Bitcoin.  Its price depends on market changes and has high volatility, which means you are at risk of losing your money.  Is it an good decision to invest in Bitcoin again?
There are surely a lot of people in the world that do not have any investments, and they also might be living in such a way that they might not have very much income that exceeds their expenses, and so surely, people who do not have much if any investments based on their relatively low level of discretionary/disposable income, they will need to make sure that the are taking from their discretionary/disposable income, and sometimes they might need to attempt to increase their income and to cut their expenses and if they are not used to investing into anything then they also may need to increase their emergency fund, cash reserves and/or cash float so that they will never have to sell any of their investment  (into bitcoin in this case) at a time that is anything other than completely their own choosing.

You have rightly understood that investment is necessary for every person, according to our status we should invest according to what principles.  Investing is critical to building wealth and powering financial stability.  In my view the ones that have the potential to give higher returns are shares, focusing in bonds is a more consistent source of income, but the returns are lower.

it seems that everyone should be considering at least getting off zero and probably allocating 5% to 25% of their quasi-liquid investment portfolio into bitcoin. .. and surely each person has to choose for themselves in regards to both the questions of whether to invest into bitcoin and if so then, how much
In Bitcoin  If we use a good strategy and professional investment method, we can get good profit in short period of time, but the higher the profit, the higher the risk.