Post
Topic
Board Speculation
Re: Is investing in cryptocurrency a risky game? 🚨
by
JeffBrad12
on 01/08/2024, 02:31:23 UTC
Still investing in anything has a risk and so is the bitcoin BTC, however, the risk reduces considerably if you invest in the bitcoin only,
I do not say the same with other cryptocurrencies but when you have the major portion of your portfolio in bitcoin, you can consider yourself save and in the long term you should not be worrying about the ROI.
Yes, in the short term, there may be times when we are in the overall loss but if someone is following the DCA strategy, he won't be in a negative.

A perfect example here is of Michael J. Saylor who is the CEO of MicroStrategy. He is the bitcoin millionaire and he always buy bitcoins when the bitcoins falls to support at certain levels.


Michael saylor with his massive buying up of BTC really does put into perspective of how BTC investing could be a massive drive that could make an investment company thrive.
his company MSTR stock is having a good time with its stock prices right now



if BTC could increase the worth of a company this significantly, maybe we the small shrimp should just follow the act by following DCA strategy.