Post
Topic
Board Economics
Re: Other businesses and Bitcoin investment.
by
ndutndut
on 01/10/2024, 19:28:13 UTC
the need to understand how to invest in bitcoin, with a good understanding and adequate insight, you will not worry if the price of bitcoin falls, and or vice versa, it is indeed a process that you must accept, the need for thinking in that direction because every investment must be ready to accept the risks that will arise in the future.

Yes, bro, before we start investing in Bitcoin, we must first understand how it works, and how we can anticipate losses. Indeed, in investing, ups and downs are normal, but we must have guidelines to equip us to go through it all, we must also preparing a strong mentality for our own stability in facing all problems, a strong mentality will maintain our pattern of stability in investing, that way we won't make mistakes in making decisions.
Because of all that, bitcoin investment should not be used as income. Bitcoin investment has a very high risk and must have sufficient knowledge to be able to invest in bitcoin. Indeed, bitcoin will make us successful in the future, but if it is used as a source of income, it is a very wrong decision because bitcoin is unpredictable and its price can go up and down.

Every trader must have a plan when investing in bitcoin so that they feel comfortable and safe when making decisions. If you do have capital or money, you should prioritize business first before investing because investing without a steady income will make you lose. I found many people around me and on social media who lost when investing because they made investment a steady source of income in the short term.