Quote from: MRY on December 31, 2024, 10:31:36 AM

Quote from: Xcode7 on December 31, 2024, 09:41:17 AM

Quote from: CryptoBuds on December 31, 2024, 07:43:38 AM

Quote from: GigaBit on December 30, 2024, 05:30:24 PM

It is better for every person to invest according to his ability. He must find an alternative means of income at the right time. However, if someone chooses Bitcoin as a means of investment, then he will benefit the most. Here, if someone wishes, he will get the opportunity to increase his Bitcoin portfolio by doing DCA at a regular base. On the other hand, with the potential that Bitcoin has created, an investor will get several times more returns in the long term by investing in Bitcoin, which can be used as security for his life.

I am not denying the potential of bitcoin as I am also investing in bitcoin but I would say for long term investments for our retirement planning. I recommend people to diversify their assets, not just focus on one asset, especially new and highly volatile assets like bitcoin. Don't forget that high returns come with high risks, anything can happen and with relatively new assets like bitcoin we have to be extra careful instead of thinking it's absolutely safe. So diversify our investment even if it does not give maximum profit but it will be safer for us.

That's true for higher security reasons but it must be realized that every investment will have a level of risk that will be proportional to the potential profit so I think everyone will have their own choice of investment they make and everyone is also aware of it.
For me, for now I still believe in investing in Bitcoin in the future even though I am aware of the risks I will face but I also have considerations for the potential profits I will get and I think it's worth it.

There is no investment decision that we make that does not have a little bit of confidence and a little bit of readiness to deal with the variety of possibilities that are out there. Investing in Bitcoin has always been a risk, so it indicates the courage to put an endeavour that has a high risk. While there are risks, if we do it with planned steps, we also open up a big opportunity for huge gains.

As a trader we must continue to monitor the general developments, equally evaluate the strategies used and remain open to new relevant information. By doing so, we can keep in cheque the lengths people expect returns on investment while providing ourselves the tool to mitigate possible challenges as they arise.

You would really be needing up to take a risks in order for you to be able to have that opportunity or possibility of having that kind of chance profiting on which this could really be able to help out in this regard about our financial capacity on which we know that not all will really be having that kind of confidence. It is really just that very normal that we will really be having that kind of hesitance since we do know that taking up risks does involved the possibilities of losing money too on which if you arent that good when it comes to this manner. Come to think that not all people who do start on dealing up with something does directly be considered out to be professionals on which every one started on being a newbie on which everyone is really that having some issues when it comes to make good investment decisions. As we do go forward then it will really be that having that kind of progress on which this one will really be that causing up for you to have that kind of chance on making yourself way more better as you do go ahead on which we know that not everyone will really be having such mentality on trying out to bare up with the risks involved because there are those individuals who are really that afraid on taking up the risks and just contented on what they do currently have. This is why on the moment that crisis exists or do happen then there's really that kind of struggle when it comes to financial capacity on which we know that this is the result on having no plans and back ups when things go shit.