Quote from: Kelward on Today at 02:11:02 PM

Quote from: sotelorene on Today at 11:21:37 AM

Quote from: Wind_FURY on Today at 06:46:52 AM

I respect your opinion.

But my actual point is, it won't be me telling people to "buy now" with their whole savings. I already did that with people I personally know and it DIDN'T end as good as intended.

But if you want to buy with everything you have now, then OK. Thumbs up to you ser. 👍

Yea, I think telling someone to buy Bitcoin now with there whole savings apperantly look deceiving and it is only an ignorant person can listen to that and even do it. Some people are making loss in life because of misinformation and lack of awareness because they don't know that it is not all information that should be received. Moreover, buying with one's whole savings look abnormal but some greed and some traders can do it because of high uncertain expectations I call them uncertain expectations because the outcome is not sure or guarantee. Everything should be done with wisdom because there are point in life where someone is suppose to know what is suppose to be done and what is not suppose to be...

It is very important to have accurate knowledge of Bitcoin before going into it's investment otherwise the investor can be misled into making wrong decisions. Simply put, using your whole shavings to buy Bitcoin is not a smart investment decision because it's a volatile asset, nobody can accurately predict what it's price will be at anytime. It could be a time bomb because if any emergencies were to arise and you don't have any other means to raise funds you will be compelled to sell prematurely. The goal of Bitcoin investment is to hold for a long term so that despite the short term dumps and pumps you will get multiple ROI in the future. Buying with all your savings could defeat this aim unless you have made enough provisions for unforseen expenses and emergency funds.

I must tell you that I don’t really require accurate knowledge to start Bitcoin or anyone who have an interest to invest in Bitcoin needs an accurate understanding or knowledge, then if you are waiting to have all the accurate knowledge then you might end up not starting Bitcoin investment and you’ll loose opportunities as well, so I will suggest that it’s better to start now, than wait, I believe we’re here everyday just to learn and buy having this conversations here we learn from the people here, but if someone intends to invest with his saving and can navigate through his investment strategies I think it’s better than not starting at all, that is why it’ is quite reasonable to invest with a discretionary funds after taking care of your expenses and we know there are emergency needs that requires emergency services and being strategic in your investment helps with that, At some points in our journey of investment it is important to not be interested in profit which is actually not guarantee, honestly speaking I don’t think there is anything wrong to buy like a crazy man with your savings if you have the opportunity to do so.