Quote from: Xril2024 on March 08, 2025, 07:12:31 AM

Quote from: Mikky02 on February 15, 2025, 11:51:19 PM

I Really want to know if buying Bitcoin is safe? If yes when should one buy Bitcoin

I think you are talking about investing in Bitcoin by buying Bitcoin. If you have knowledge about the basics of Bitcoin and its history, you will understand whether it is safe to buy it or not. And there is no right time to buy Bitcoin. You can buy it at any time using the DCA method. If you buy this way, you will not be affected much by the changes in its price. And if you can hold it for a long time, your average price will improve a lot.

Knowledge about Bitcoin would let one to know if Bitcoin is an investment that is safe or not, atleast it will give one a clear understanding of what one is going into and to invest in a way that it won't be a load t you. Bitcoin is very safe to invest but it is always good whoever wants to invest in it should go in with a proper understanding to be able to handle the risk and to have a clear knowledge of what the market is all about.