Quote from: batang_bitcoin on May 30, 2024, 08:52:54 AM

Quote from: Barikui1 on May 30, 2024, 06:43:52 AM

So I would advice that your cousin to first of all look for a job, then after that, depending on how much he is being paid, he would have to remove like 10% or 15 % from it as long as it's an amount he can do away without, with that, I believe that he can start his accumulating journey till he is quite ok with the stash of Bitcoin in his possession.

He can always buy with any amount that won't empty his pocket and salary if ever his cousin has already a good job. It's hard to rely on it if he doesn't have alternative source of income and it's a good suggestion to let him find first something stable for him to do whatever he can and won't be affected a lot by the market's volatility. Many quits because they didn't anticipated the high volatile of the market because they thought that it will be easy for them.

I think we need to tell people about what Bitcoin investment is all about. There is need for the information to be passed to the person that wants to invest because when that's less knowledge about it, it could make investors to panic a lot seeing their funds depreciating in price which supposed noy to be. Bitcoin investments is quite risky and we need to know what we are doing so we don't have to keep complaining of lost funds because of less information about it. Anyone can lost money in cryptocurrency no matter whether you are pro new to it.