Quote from: mvdheuvel1983 on May 14, 2024, 04:10:49 PM

Quote from: krishnaverma on May 11, 2024, 04:40:14 AM

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.

It’s not wrong to get influenced by celebrities and make you invest in bitcoin, as long as you also do your part of researching about bitcoin and the risks associated with it prior to putting your money in it.