Quote from: CamilaStar on July 24, 2025, 11:09:22 AM

A friend of mine just got into Bitcoin, lucky for him, his successful. Before he started Bitcoin, he was actually into a good business of selling artwork which wasn't so bad. So he got introduced to Bitcoin and had a quick success. It's actually a good and exciting thing to see someone progress fast like that, but he quit selling artworks and other little businesses that kept him going he stopped, he now depends fully on Bitcoin. Bitcoin is the king no doubt, but From my Point of view I think that depending fully on it might be risky to you financially. I don't recommend anyone to depend solely on Bitcoin or any single asset. Bitcoin can fluctuate rapidly and market volatility might impact your financial stability. It is actually very risky to invest in a single asset. The part that scares me the most is that my friend has put all his resources into this one asset. If am wrong please correct me. Thanks

Why , it's not advisable as an investor to depend fully on Bitcoin

market price fluctuate, Bitcoin price can change rapidly , to predict market trends can be risk.

Investors should know how to handle there potential losses and manage their risk with a investment strategies not putting all penny to avoid a bigger lost he can still make some income with the artwork while waiting for the Bitcoin market to hit the jackpot,,

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