Quote from: Joy- maker on March 19, 2025, 01:00:30 AM

Investing in bitcoin is not a do or die affairs we all know that investing in bitcoin 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 investing in bitcoin 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 investing in bitcoin, 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.

Although you made a valid point, but some people may not be encouraged to invest by the way you presented it. There are two ways to invest in Bitcoin, long-term and short-term. This is because not everyone has the patience to wait and hold Bitcoin for a long time, and since Bitcoin is designed to be used by everyone, that's why they made it investment optional for users. Both options long-term and short-term are profitable, but the long-term investments are more profitable than the short-term investment. If you decide to stick with short-term investments, there is nothing wrong with that.