My dad owns a few bitcoins, now he told me a few days ago that he is looking to sell his house in order to buy bitcoins, i told him that he was insane.
No one knows if bitcoin is going to crash or not, but risking a house is something very DIFFERENT from investing a few hundreds or thousands.
If you are looking to invest less than $10000, then do it, there is nothing to loss in there, you can easy recover $10k in a few months.
But if you are going to put all your life savings in here, do not do it, you are going to run with a huge risk.
I definitely agreed on this one, its just no one really knows but in bitcoin you have to be a risk taker but wiser too. If you are a newbie don't invest too much at first, try to tske it slow and learn the ways of bitcoin 😊No one knows if bitcoin is going to crash or not, but risking a house is something very DIFFERENT from investing a few hundreds or thousands.
If you are looking to invest less than $10000, then do it, there is nothing to loss in there, you can easy recover $10k in a few months.
But if you are going to put all your life savings in here, do not do it, you are going to run with a huge risk.
Agreed. I know it makes us excited to imagine you'll win in this game, but that's not that easy. It is great that you got the courage to jump in and take the risk but you have to make things under your control. You are right bro, take it easy. Study the flow of the market. Invest little by little, do not be impulsive. Invest more on knowledge before your money.
I couldn't wait any longer and jumping into cryptocurrency pretty late. I understand I have invested at the high end as of late, but with the rapid growth over the last several weeks I would be a fool not to jump in.
