Re: "Seeking Guidance from Bitcoin Investors: What's Next for My Future?"

Quote from: ss2005 on Today at 06:10:06 AM

Hello everyone, I’m 19 years old. I first heard about cryptocurrencies when I was around 16 or 17, as I had a lot of time while I was in school. I learned about it from an older man who was investing in Bitcoin. I haven’t heard from him since; who knows what happened. He told me to learn and research while I had the free time. Once I finish school and get a job, I won’t have time, but I will have money to invest. Wink

I will carefully read every response to my topic. I’m interested in your investments; I earn enough to set aside money each month to invest in a cryptocurrency. I don’t expect to get rich overnight, but I know I need to work, and one day I hope to reach a point where I might not have to, perhaps thanks to this investing.

Please help me; this will mean a lot to me one day. Thank you to everyone who took the time to read this topic.

It's good you are starting your Bitcoin journey early. If I had known Bitcoin at your age, maybe I would have made big money but no regrets. You also have an advantage since you have a good job that can make you save and buy Bitcoin. You should have an emergency fund depending on your expenses for like three to six months. You should also diversify your income to enable you to have a more financial backup. Use a monthly DCA strategy to accumulate your coins and be patient to wait for your investment to grow. Bitcoin has a four-year investment cycle but you can decide to keep it for more years.

But you should know that using the terms Bitcoin and cryptocurrency interchangeably is wrong. Bitcoin is a cryptocurrency and there are others called altcoins. I will advice you as a newbie to focus only on Bitcoin until you have understood the complex and highly risky field of altcoins.