Quote from: RagnarTheThunderer on Today at 11:48:15 AM

Quote from: BALIK on Today at 05:13:56 AM

Investing in bitcoin will not make us rich, let alone any guarantees. The days when bitcoin could increase by thousands of percent and give x100, x1000 returns are gone. What we will get when we invest in bitcoin these days is that we will have the opportunity to get significant profits compared to other investments. There is no way we can invest $5k or $10k and think that in the long run we will make millions of dollars, those days are gone.

This notion is not only happening to newbies but even to those who are investing in bitcoin, many still believe that bitcoin will reach $1 million in the coming years and will reach $5 million or $10 million in the next 20 years. That won't happen easily because bitcoin's market cap is not small anymore, we should be realistic about that.

Even on our forum I rarely see anyone talking about the risks of investing in bitcoin, most people just focus on promoting its potential and ignore the risks when newbies ask for investment advice.

i've been mulling over bitcoin a bit lately. it can still put some cash in your pocket, no doubt, but I'm not holding my breath for those wild, life changing spikes like back in the day, the market's grown so much, it just doesn't pump like that anymore. I see why people are into it, and I feel the pull too but those rollercoaster swings? They're real. i've figured out it's best to only throw in what i can shrug off if it tanks, keeps my head clear and my nights peaceful

Just keep your BTC in spot.

Hodl. You will prevail if you hodl long enough.

Cool