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.
I was introduced recently to this forum and I must say, it's an incredible place to learn about Bitcoin. I have learned a lot these past few days. If I had joined this group earlier maybe I would have gotten some Bitcoins to my name.
Please, what do you advise I do?. Thank you as I read your responses
It is very good for you to learn here, because you can learn many things in this forum, especially related to Bitcoin, and it feels right because I see there are so many experts here who might be ready to discuss and share with each other. Regarding the investment you want in Bitcoin, I think it is very right, and even for now it is still not too late, because we know that over time Bitcoin will increase in value, both because of the many people, institutions, even countries that have and will adopt Bitcoin, and the main factor that I highlight the most is its scarcity. So, it is better for you to use your funds to invest in Bitcoin, but you should still save some for emergency needs.