Quote from: rosemariefrancis on Today at 03:46:51 AM

Quote from: Hypnosis00 on October 19, 2021, 11:18:18 PM

Quote from: numberslacey on October 01, 2021, 01:06:23 PM

Bitcoin is not backed by any physical asset like Gold nor by any fiat currency. It makes me wonder if I should invest/trade in Bitcoin or not?

You might be wondering why a lot of rich people are involved here. They are investing crypto not because they look for any backup by any physical asset but they consider this as a digital investment. They find it risky (as well known) but this never gives them hard to understand and I think you can do the same if you want to.

May you have to start in small amount and for you to prove that investing in Bitcoin is worthy of your trust. Risk takers will take the risk but if you are doubtful, I guess you will not have to try.

Starting with a small amount is always the right thing, my first btc trade was just 0.001 btc. Wasn’t sure back then if crypto trading is for me.

Do brokers allow such small investments, and is it even worth?

sheryllmcnulty

Posts

Merits