Post
Topic
Board Bitcoin Discussion
Re: Did you start investing in bitcoin because of some celebrity ?
by
Lanatsa
on 14/05/2024, 19:58:01 UTC
I see that current youth is inspired by celebrities and influencers in big way. Did you also start investing in bitcoin because of some celebrity ? Or you know people who belong to that category ? Is it a wise decision to do so or we should do our own research for better results ?

Though some might trigger an investor to make decision of investing in Bitcoin but the decision of investing in this digital asset should be done personally so that we won't blame anyone if anything happens, I think th best approach or way to go about Bitcoin is for an intending investor to make research even though their has been news and speculation about Bitcoin, an investor is required to do research before investing because in course of this research, you will know the advantages and disadvantages of Bitcoin, Bitcoin has it is own bad times, we shouldn't expect profit always, lets not also forget that bitcoin is unpredictable despite that the advantages of Bitcoin surpass the demerit but then we are expected to investment after we research about Bitcoin so that we will understand what it entails.

However is very important to make research before making any investment, is good to get the whole information about bitcoin investment before looking out to invest. Moreover is obvious that bitcoin is unpredictable both  the market entirely is something one can not easily predict that is why sometimes people do experience lose in the market, sometimes they also get profited that is to show that there's always a variation in the market.
Dont tend to make investment first before you would be doing some research because you would really be ending up likely on a disaster or simply losing up money or investment. It would be always best that you should really be making up some research first before you do make out investment decisions on which we know that it would really be always important that you should make out some research so that you would really be that come prepared for whatever possible risks that you might be able to encounter. Investing just because of some influencer or celebrities is never been that good not unless if you do make out some follow up research about a particular project then it would be just fine.

In the end of the day, you are the ones who would really be making out such decision since its your money and its really just that right that you should really be careful on the decisions that you would really be making. You cant really just that make yourself that rushing up decisions without even thinking about on the risks involved. Always verify and think up carefully.