Post
Topic
Board Speculation
Re: Road to 100k?
by
Troytech
on 23/04/2024, 20:50:45 UTC
Bitcoin is a great coin that is way more bigger than the other coin, bitcoin is special I see it as world currency.
When investing on Bitcoin all we should bear in mind is that, this coin will always become better and bigger so when investing don't wait for it to come down in price before investing because that may never happen instead it will keep going up.
For those who has the financial strength I will advise you invest big on Bitcoin and for those who don't have much financial strength I will advise you invest as you can, 10 years ago people who had the opportunity to invest on Bitcoin and didn't are still regretting till date and I still believe people in 2024 will still regret in 5 years later for not investing on Bitcoin, some will also regret on investing low.
Buy as much Bitcoin as you can keep buying don't wait for it to come down before you buy, Bitcoin is a world class coin and the greatest that will ever be.

It's good to view bitcoin as a good asset but when you said that it would keep going up that may be an overly optimistic and bullish expression, it's bad to view bitcoin like that as tho they aren't times that the price may seem to be only reducing too and all this doesn't matter and shouldn't concern you if you are just starting out with bitcoin, IMO there are a lot of other things a new investor should be more concerned about than price movement which should be to get started buying bitcoin and figuring out how much you can invest in bitcoin without been affected by it, its more advisable to invest with your disposable income which I preferable view as money I won't miss or like a savings in bitcoin and that is because no one wants a situation whereby he needs the money he invest so soon or might want to touch or sell portion of his bitcoin and also in a senerio where anything can happen to bitcoin you won't be so bothered about that or be in a mess.

I believe that these should be your concern now that price movement or been too optimistic that bitcoin would only go up than down, yeah there are also such possibilities but I prefer not to talk about those, but one thign you must remember is the only way to prepare for up is to have more bitcoin .