Post
Topic
Board Beginners & Help
Re: Newbies don't buy bitcoin over aggressively.
by
Alone055
on 05/05/2025, 12:36:03 UTC
Even though this topic has been discussed a zillion times, I'll offer my two cents on the subject anyway.

The majority of people who invest money that isn't extra for them, which means that they either take loans, sell some property, or invest their life savings into Bitcoin and other cryptocurrencies, because they've the impression that they are going to get guaranteed profit. When we talk about Bitcoin and see its history, we see that what they think isn't wholly wrong because those who had invested in Bitcoin, most of them, had been, at some point, in profit. However, there is another aspect to this. You might be able to get some profit when you invest in Bitcoin, but there is no guarantee about when that's going to happen. So, if someone invests money that they can't have locked for an unspecified amount of time, they can face problems.

Thus, it's important for anyone, whether a new investor or not (mostly only new investors do such things), to understand everything before they make a decision. The money one invests in this space shouldn't be needed, both in the present and in the near future, because the amount of time it's going to take for it to turn profitable is unknown, and this market is highly unpredictable.