Quote from: Y3shot on August 25, 2025, 10:45:18 PM

Quote from: Liocen on August 22, 2025, 01:30:56 PM

Imagine I am a person from the seventies. I know nothing about current technology and Bitcoin.
Hearing the talk of Bitcoin around, I felt that I also need to invest here.
Now what advice would you give me? Which advice will have the highest chances of profiting from investment if I follow it?

In my case, questions are very important for beginners. You should provide your best opinion here. So that the opinions are useful for those who want to start investing in Bitcoin.

Since you are just getting to know about bitcoin, I will advice you to take your understand it first. First thing you need to know about is that bitcoin doesn't make one to become rich, bitcoin is longterm investment and it is volatile. If you want to invest bitcoin you need to understand that you can not rely on bitcoin investment.

As a beginner you don't need a big amount to start investing in bitcoin, you can always start small. You also need to understand the volatility of bitcoin, the price of bitcoin drops , it should be a problem to you , just be patient because the price will definitely come up again. Volatility is always a problem for beginners because they misunderstand. It is a problem for bigenners I buying and hodling. As a beginner you also need to understand that their is no late time in investing bitcoin.

Is this advice applicable to people of all ages? Actually, I mean, how would you advise those of us who are young (20-40) and those who are over 50 to save money in Bitcoin since they are not as familiar with technology as the younger generation.