Post
Topic
Board Nigeria (Naija)
Merits 2 from 1 user
Re: Bitcoin still remain my choice.
by
cxtreenal
on 22/02/2025, 16:22:45 UTC
⭐ Merited by Shadiq (2)
Let me  just go on a short Bitcoin volatile history,but you can still carry out your own research for more clarity.
Let me start by saying this,since bitcoin was first introduced,bitcoin has had a chopy and volatile trading history.bitcoin was designed to be use as currency in daily transactions.bitcoin's price is a product of demand,supply and market sentiment.and let me also remimd you that bitcoin is a cryptocurrency which investors have also used it to store value and hedge against inflation.
I'm now concluding with this,among all crypto asset classes,bitcoin have more volatile trading history.
the story is clear, bitcoin now is the baba of all the cryptocurrencies. bitcoin has a store of value which alot of people all over the world has profited from bitcoin, either by trading or by investing, considering bitcoin as your choice of investment is a very wise decision, but you have to invest with what you can afford to lose in bitcoin, because of it Volatility.

Accumulation Bitcoin from discretionary income and you will benefit financially in the future. Buy Bitcoin for that amount you can lose (possibly). This is the message that most investors on the forum promote. This statement makes it seem like there is a lot of risk involved, but Bitcoin is a store of potential value. Every investment has risks. Do you need to promote yourself separately when it comes to Bitcoin? You can't imagine an investment that doesn't have the potential for risk. Bitcoin has seen huge price increases in just a few years. The price will increase incredibly in the future due to limited supply and increasing demand.