Post
Topic
Board Economics
Re: Other businesses and Bitcoin investment.
by
lepbagong
on 04/10/2024, 02:15:22 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.
Understanding bitcoin is certainly not difficult because there is a lot of literature available and you just want to read and want to know, then we at least know the outline.
Anticipating losses in every investment is very necessary, and I really agree with that, but if you understand bitcoin, then bitcoin is an investment with very little risk but requires patience because it is a long-term investment.
If you are impatient and panic quickly when you see the price go down, then you must immediately get rid of that feeling and don't need to be upset when it goes down because it will increase by itself, but the most important thing is that the funds you use are believed to be free from other needs.