Post
Topic
Board Bitcoin Discussion
Re: Don't jump into bitcoin investment without understanding it.
by
Issa56
on 20/03/2025, 22:50:21 UTC
Though many will say since you have the funds you can start investing in bitcoin along the line you will start understanding and adopting to the system, but less face reality bitcoin investment is not all about how you start, is how you can be able to hold your bitcoin investment for a long period of time, because starting may not be a problem but holding may be a problem, because you are to hold bitcoin for a long period of time 4 to 10 years or more.
I know holding bitcoin is not really a easy task for most people, but you can still choose to make it easy. If you are investing, and your plans is to hold for a long term, then all you should do is make sure you are having other sources of income, make sure you are investing just little amount inside, don’t invest all you having, so that you won’t even up selling when you are in need of money, so instead of buying with all your money, what you are suppose to do is just to use some percentage to buy bitcoin, and leave the remaining amount as emergency funds, incase whenever their is emergency, you have something to fall back to, and you won’t start thinking about bitcoin which you are planning to hold.