Post
Topic
Board Bitcoin Discussion
Re: People I think should stay away from bitcoin investment.
by
AmaGold70
on 23/03/2025, 08:18:58 UTC
Bitcoin investment is not a do or die affairs we all know that  bitcoin investment is very profitable, because bitcoin is a store of value with potential returns, and it can also be risky.

Alot of people are interested to invest in bitcoin but they don't have what it's takes to build a solid investment portfolio to hold for long term of 4 to 10 years, that's why i created this thread to highlight people that should stay away from bitcoin investment in other for them not to be damage emotionally and end up regretting.

Those who can't afford potential looses and are not comfortable with the market volatility should just stay away from bitcoin investment, for the game in bitcoin investment is not for them

Those seeking for short term profits should just stay way from bitcoin investment, for Bitcoin investment doesn't give short term profits, where those category of people belong is cryptocurrency trading and not bitcoin investment.

Those who are lacking emergency funds, living in paycheck to paycheck, and struggling with depts should just avoid bitcoin investment or they we end up investing nothing but regret, because they can never accumulate a good portion of bitcoin to hold for long term, or they we end up selling their bitcoin investment at early stage, because of emergencies that may arise along the line.

Knowledge and understanding are also essential in bitcoin investment, so those who lack knowledge and understand about bitcoin investment should just avoid it, because if they invest in bitcoin with ignorance sorry is their name.








Obviously Bitcoin is not for everyone, you can't be struggling financially and invest in Bitcoin, Bitcoin investment is not for those that are not mentally stable, it takes a lot of courage and strength to be a Bitcoin investor. Knowledge is power, new investors think that they would be fine with just knowing the basic knowledge of it. New investors fail to do a proper research on Bitcoin before investing and I won't blame them too much though because even on TV they fall to take about the risks involved or its volatility nature, Bitcoin's influencers only share the testimony of massive profit but fall to talk about the losses involved in it without the right strategy.