Post
Topic
Board Bitcoin Discussion
Re: People I think should stay away from bitcoin investment.
by
TheUltraElite
on 28/04/2025, 06:25:30 UTC
I understand that there are certain profit chasers who are most interested on short term earning due to their financial needs or even a course of impatient that they can not invest for a long time before they could make profits.
Most people are like that, very few people go down the long term route because people need money from their uncontrolled spending habits and they think bitcoin can make them rich in a short period of time.

However those who have been with bitcoin for years now realize the long term potential in its use and profitability as an investment. No altcoin can compete with what bitcoin has achieved and those who dont understand this are only fooling themselves.

Whether to get into bitcoin or not is a tough question - this depends on your country's legal take on bitcoin, how much time you can give to this investment and your own values about bitcoin.