Post
Topic
Board Bitcoin Discussion
Re: Fully committing to bitcoin
by
john_egbert
on 19/11/2024, 09:35:41 UTC
No, I don't invested most of my money in Bitcoin because I still needs that money to fills my daily needs and for other urgent situations. I only use some portion of my saving to invests in Bitcoin because that is what I can afford. I know having Bitcoin as the main investment will be the best thing that I can do but I need to be ready with anything that can happen such as worst economic situation which can makes every needs increase of the price. But I prepare some Bitcoins for my children and their future so they can use that when they are grow up including to survive if the situation really becomes worsen than now.
I'm on a boat with you. I'd really love to invest most of my money in Bitcoins but that's not possible because I still need some savings in cash. Bitcoin is volatile, if there is an emergency case, I would not wish to be the one who bought when price was high and sold when the price was low but at the moment I'm changing this situation for better or for worse because I believe that the Bull market is here, it's not going down anytime soon.

It is surely not going down before the correction starts Grin
Surely, to get into BTC and crypto as a whole - more funds are needed, those funds that are big enough to gain something from them and so that if you lose some of them, you wouldn't feel it affecting your daily life. We all play that game to gain the most knowledge and profit from the crypto space, so let's do it responsibly.