Hi Bitcoiners
Hello fellow Bitcoin enthusiasts! I want to share a personal story and seek your honest advice. Previously, I thought investing in BTC was only for whales and that small investors like myself wouldn't see significant gains. However, yesterday I saw a tweet from someone who invested $500 in BTC when it was at $82,000 and now their investment is worth $3,000! I felt regretful for not investing earlier and wished I had converted my money to BTC. Now, I'm considering a new strategy: if BTC's price drops a bit, I'll invest the money I have and convert it to BTC. Please share your honest thoughts - is this a good idea or not?
The tweet you saw is incorrect. Invested $500 when Bitcoin was $82k, how come it's now $3000? Many mentioned that they could not make more than $30-40 in profit.
The price of Bitcoin has started to rise, touching almost $90k today. Those who didn't invest earlier will regret it now. Many predict that the price of Bitcoin will increase significantly in 2025. Anyway I guess after seeing that tweet you got greedy? Because of which you plan to invest. In fact, if you want to invest in Bitcoin, you need to be able to hold it for a long time. You can't make much profit quickly. If you can hold long then invest in Bitcoin. Because the price of Bitcoin may not be as much as expected in 2025. Lastly, invest what you can afford to lose.