Quote from: Samlucky O on September 23, 2024, 11:59:31 PM

Quote from: SuperBitMan on September 21, 2024, 10:16:29 AM

Some people see Bitcoin as a source of income and they wait patiently for it to grow so they can sell and it profit especially those who are traders, a lot of people see it as there only source of income but we forget Bitcoin is very volatile and anything can happen at anytime one can be expecting to get a huge profit 3 years to come from Bitcoin and Bitcoin falls, this has caused a lot of people depression and it is advised that will use our Discretionary Income to invest in Bitcoin.

The truth is that bitcoin is a volatile asset, and that is the more reason we should invest in it without considering the downside of it. As a matter of fact the positive side of it should be considered. The most fascinating part about bitcoin is taking the advantage of the dip and accumulate more. Though most people will like to consider other form of business due to the shock they receive from it downside but that is cause by them because they put all their hope in bitcoin. Despite bitcoin is a volatile asset, we shouldn't invest or put our entire money there and hope for miracle to happen otherwise we get disappointed. It is better we invest as little as we can expecially the amount that is not needed for a long time.

You are absolutely right. Bitcoin is best asset to invest if you want to be millionaire and billionaire because no asset will give you returns like that . Bitcoin can change your life if you buy Bitcoin when market is crash anf most of the people are selling the Bitcoin,that is best time for you to buy that asset and hold it for 5 years. If anyone follow advice ,he will be rich in future and one another thing one should invest his money in cypto which he don't need and he has living expenses and and he should not sell anything to by Bitcoin or he should not invest the money which may be need in near future.Bitcoin is best investment if anyone has knowledge of cryptocurrency and have financial freedom and did not Invest all money in Bitcoin.