I've known some few friends who are into forex and stock investments. When they've learned that I engage myself into crypto trading and investments they discouraged me due to bitcoin's price volatility and unpredictable fluctuations. All I can say to them is that I only invest an amount that I can surely afford to lose and taking huge risks will definitely compensate you good returns as well. I bumped into this article saying that 4 in 10 Americans will never invest in bitcoin, which is somewhat realistic but still history can really tell that bitcoin has changed lots of millennials who took the risk and profited when bitcoin value skyrocketed to almost $20k last year.
So with this article it shows that there is still high percentage of Americans that is willing to take risks to invest in bitcoin just to make some good profit in the near future. What are your thoughts regarding this one? Share me your thoughts.
In my personal opinion, I agree to the saying high risk results to high rewards just like here in bitcoin or in cryptocurrency. We are all fully aware that the price of bitcoin is so volatile and because of that a lot of people tend to avoid or quit investing in here but little did they know if you take a high risk in here it will give you a high rewards because high rewards can only be obtain in high risk.