Quote from: Bravut on August 19, 2024, 05:40:01 PM

Quote from: Issa56 on August 19, 2024, 04:27:04 PM

Quote from: SuperBitMan on August 19, 2024, 03:17:53 PM

No body will invest all his salary in Bitcoin it is not done anywhere except the person is insane

Maybe you haven’t seen someone like that before, but it’s really happening. I have come across different people who are ready to invest all the money they have with them in bitcoin. Just because of what they hear about bitcoin from other people, they already think that if they invest in bitcoin, they will quickly be able to increase their money, and they don’t even know they can lose when they invest in bitcoin. Most of the people who do crazy things like this lack basic knowledge about bitcoin, most of them are new to crypto, and they just follow what they see on social media.

Well said. Which brings forth the necessity for proper orientation about Bitcoin also highlighting the risk and mental tenacity involved. I believe Social Media, fake gurus have pushed illusion of success, fantasies about Crypto space which isn't true to the masses which makes some persons take wrong steps.

In essence it advisable, we manage our risks.

If you are completely new to bitcoin investing then you must know and understand enough about bitcoin before investing in bitcoin and then you need to invest in bitcoin. You can get a lot of information about Bitcoin in the early stages on social media. But if you don't know how to invest by looking at social media investment, you may face losses. So you must invest with considerable amount of awareness when it comes to investing in Bitcoin. Many new investors lose patience very soon they are too hasty to invest due to which they face more losses so without losing patience we always have to invest with a long term plan and check the market if we can invest in this way then surely we can achieve bitcoin success which is It will make us more interested in investing.