Post
Topic
Board Bitcoin Discussion
Re: I need a Bitcoin investment advice
by
EarnOnVictor
on 14/01/2025, 00:21:14 UTC
I want to invest some of the money I’ve got from a real estate liquidation, about 50-100k $. I am not looking for a big profit, but want to secure the value. I definitely plan to hold the Bitcoin for a few years, at least 1-2. A sudden drop in the price of Bitcoin would not scare me.

I originally wanted to buy Bitcoin at a price when Bitcoin was at $60k, but I got my money later than I thought.

I will store the Bitcoin on a cold wallet, I have already thought about it.

If I were you, I would have held my real estate investment but first learned extensively about Bitcoin instead of liquidating the real estate and now trying to seek advice about Bitcoin investment. Well, you can invest in Bitcoin right away, it will deliver a profit to you someday, but that will not be smart if I'm sincere with you. Bitcoin works in a 4-year cycle and this year will end the current one even as Bitcoin is more expensive. Why not wait till it just started the next cycle when it is cheaper to buy and keep it for whatever years you have in mind to gain more?