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

Well if it is time you have many of then you would want to just hold bitcoin. Holding bitcoin is the act of buying it and not selling it for a long period of time. It is up to you for how long you want to hold it some even hold it until retirement while some sell during bull runs which happens every 4 years and where we are currently. You are still young but it is good that you are already interested in investing. This will do you well in the future, good job.

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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.

Right now most of my portfolio is bitcoin with a few small altcoins. I would recommend diversifying but as a beginner you can take it slow and just buy bitcoin first before anything else. Have you considered doing DCA method? When do you plan on buying? The next few months may not be the best unless you find a time where the market is correcting.