So I am new here. I would like to get some financial advice from you all regarding investing in Bitcoin. Bitcoin is a cryptocurrency that I have been hearing so much about but still having cold feet to invest in it. I have some funds fixed in my commercial bank for almost 3 years now that will be due soon. For the past three years, the interest gotten from that fixed money is not much to call that a wise investment decision so I'm thinking of investing in Bitcoin. 12 percent per annum is not that okay for me, just left it there to avoid spending it. Even though, I will just invest a little from that amount to see how it will turn out.
First things first, you should not ask for financial advice on the internet.
Meet some professional financial advisors in real life who know about Bitcoin.
No one is going to take any liabilities if you make a loss out of your investment.
It should depend on you. Do not rush to invest. Learn how Bitcoin behaves.
Check how it fluctuated in the past years. Keep in mind that it can happen again.
Holding Bitcoin is not a smooth ride. You will be tempted to sell, but you should have control over yourself.
Make sure you are ok with all of it. Not everyone makes money from Bitcoin.