Post
Topic
Board Bitcoin Discussion
Re: My advice on investing in Bitcoin
by
Ndabagi01
on 29/12/2024, 22:11:00 UTC
All the experts mentioned are anti-Bitcoin advocates so you don't expect them to say you should put a higher percentage of your investment in Bitcoin, yeah definitely they will advise new investors to look in the direction of their traditional investments. So as long as you are investing what you can afford to put aside for a long term into Bitcoin, you are good to go through with Bitcoin volatilities because of the long-term perspective of the investor.

Investing in bitcoin without the long term perspective may just feel like you’re gambling with your money because you may not reap any profits in the long run because of the short termed growth within that time and may also be faced by big volatilities which may also make you be in loss in the end of the day. Investors who are real time, always chose to invest for the long term because of the long term benefit of bitcoin and are the wisest and most knowledgeable ones as opposed to a newbie investor looking to make quick profits.