Quote from: Catenaccio on July 19, 2025, 05:11:45 AM

Quote from: fuguebtc on July 19, 2025, 04:01:34 AM

Although bitcoin is still volatile, it has become much safer than it was years ago because it has become legal, and institutions and governments are also investing in it.

Not only this, but Bitcoin becomes stronger in security by its network hashrate growth over time. It's harder to attack Bitcoin blockchain 51% in 2025 than in past years and fortunately Bitcoin blockchain has never had any 51% attack.
How many Bitcoin confirmations is enough?

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Another thing to note is that we should only borrow money if we have a long-term investment goal in bitcoin, we should not borrow money to trade because trading is too risky and it is more like we are gambling than investing.

There is an advice like Invest in Bitcoin with long term vision and plan of holding your bitcoin but I have never known any advice like "Only borrow money if we have a long-term investment goal in Bitcoin".

Honestly, it is one of worst and most weird advice I have ever known about.

Invest what you can afford to lose, and surely your loan money is not what you can afford to lose.

Long term investment is always good because Bitcoin will hit to 150k$ in the future and it is not a risk deal for anybody who knows about Bitcoin and cryptocurrency. Now BTC price in the market is 118k$ which is very good price but Donald trump is doing effort for the Bitcoin and he always tries to support BTC and we saw millions of investors of BTC when Donald trump won the election. Now that time is going and we will see huge pump in the market because Bitcoin always go up and we saw double price of BTC in the last couple of months and it will go to 200k$ after few years because investors are increasing day by day.But traders could also invest this money for the trading which is more risky than investment for long term.