Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Road to 100k?
by
Justbillywitt
on 09/10/2024, 22:11:47 UTC
⭐ Merited by JayJuanGee (1)
-snip-
Bitcoin is a speculative asset, yeah there is nothing wrong with people speculations and predictions even though there is no guarantee or certainty as to that regards. However, how about you explain what you meant by proper research when it comes to Bitcoin, it is Bitcoin we are talking about here, it can be so retarding talking about making proper research when it comes to Bitcoin investing because there no better research other than being in the market while figuring out other things along the line, Bitcoin has incredibly performed beyond every reasonable doubt to be subjected towards making a proper research without getting fucking started.
What needs to be researched, trading volume or the best time to invest?
I think many of us already know that bitcoin is a well-performing investment asset so far and many people have invested millions of dollars in it over the years. What are we waiting for, the prices change all the time and it will be like that forever. If you want to get returns from bitcoin, then buy what you can and also in whatever amount you can afford to lose. Bitcoin is good as a long-term investment asset, even for your old age, so invest and develop your investment strategy over time.
I think people should start seeing the phrase that one should invest what one can be able to lose as old fashioned which doesn't portray bitcoin. Instead of that we should try to acquaint ourselves with this, one should invest money that you ain't gonna need for a long time, like 4 years and above. I find it difficult to still believe that any money invested in bitcoin can be lost totally, provided that the investor doesn't sell of his position when there is decline in the market. Let's see bitcoin as one of the greatest invention that has ever been known to humanity, and it has come to stay. Can you imagine the world now without automobile? The answer is no. But when automobile was invented people talked down at it, instead they were comparing it with horses, and many people believed that it will fade away someday.

But from that time till now it hasn't, instead it has become one of human most needed asset. So people who are still thinking that one should invest what one can be able to lose in bitcoin, because they are still not sure if bitcoin has come to stay or not are getting it wrong and they are missing  the chance of buying enough bitcoin at this cheap price with money they ain't gonna need for long time, because they don't want to invest more than they can afford to lose. Bitcoin will only go away if the internet goes away and imagine that kind of world without the internet.