I had a conversation with someone outside this forum and my choice of topic "Must everyone invest in Bitcoin" was his question, it's a nice question for someone that's willing to know about Bitcoin so I decided to bring it here to know the opinion of members of our Local board.
Well my own opinion and reply to him is that it's a matter of choice, Bitcoin investment is not forced on anyone, yes anyone can invest in it but must be willing and should have the necessary requirements to do so, moreover it's not the only investment option and there are lots of others like Real Estate, Gold, Stock, and even Commodities like agricultural, petroleum/natural gas, livestocks etc.
However since Bitcoin is a modern form of investment, the best digital asset and has become a very reliable asset that can generate good profits for long-term it would be nice to seize the opportunity of investing in it as it's still very early compared to when the price would go higher in the future, hopefully.
Not everybody must enter Bitcoin, and that is the plain truth. Investment in general na matter of choice and understanding… Some people no even fit cope with the level of volatility wey Bitcoin dey show, and if you force yourself go enter without the right mindset, you fit panic and sell at loss. Just like person wey no get interest for stock market no go just jump enter because others dey invest, same thing apply for Bitcoin. The thing na say you first need to understand wetin you dey buy, know say na long term play, and then decide for yourself if e align with your goals..
And again, ignoring Bitcoin totally fit no really make sense in this era, because the value and acceptance dey spread everywhere. It is not like gold or real estate wey don already top, Bitcoin still dey in its early phase even though price don rise.. If you reason am as a hedge against inflation and currency depreciation, especially for people wey dey countries with unstable economies, e make sense to hold at least small portion. At the end, e no be compulsory sha, but wise person go at least consider am for portfolio diversification…
Everyone should get into Bitcoin but it is not mandatory for everyone to do anything to invest in Bitcoin. So it is largely true that before investing in Bitcoin, it is important to do analytical and it is very important to consider the financial situation.