Quote from: Dee_BlackdAddy on February 10, 2025, 09:19:54 AM

My friend was like this one wey you carry all your energy and almost all part of your income dey invest in BTC make BTC no give you high blood pressure one day oh no say I no warn you oh, I was like see this one me wey trust BTC pass my bank, BTC is a typical example on how human being dey take dey crate value for them self no be rational currency, like fiat money oh everything about BTC now legit one, the volatile history clear, market value clear, store of value clear, so wetting you won tell me again, and him come say since you are investing in what you believe there no problem, and me too told him believe what you know my trust for BTC ney wetting dey motivate me into the future mostly now wey we dey bull run.

You should never tell anyone to invest in Bitcoin. Because the Bitcoin market is unstable and you never know when it will happen. If the market price drops a lot after investing, you will be blamed. You can give him basic knowledge about Bitcoin. And can you enlighten him about what Bitcoin is and how it works? When he understands, he will express his desire to invest on his own.

Quote from: Mehmet69 on February 19, 2025, 02:37:44 PM

Of course I think it's better to deposit money in Bitcoin than in the bank. Keeping money in the bank is not always safe. Banks deposit our money to common people. Later they take back your deposit with interest. In such a situation your money is at risk. Banks often go bankrupt without getting back the money deposited. But on the other hand if you invest in Bitcoin for free, the amount of money you invest at risk due to the volatile Bitcoin market will benefit you in the long run. So in my opinion it is better to save money in Bitcoin instead of keeping money in bank.

First of all, one thing to remember is that Bitcoin is a volatile currency. Whether you invest short-term or long-term, there will be risks. Assuming the market demand for Bitcoin, it can be said that the market price of Bitcoin may increase in the future. The risk in long-term investment is much lower than in short-term investment.