Today, while I was talking on Facebook with my friends, I asked for some investment suggestions. Unfortunately, nothing positive happened. However, after a few minutes, I received a direct message with a link. Although I have some information about Bitcoin, I still need more. Is Bitcoin a good investment for the long run? I am currently unemployed and have a good amount of money after selling my property. I want to invest in something that will yield good returns after 10 to 15 years. Any suggestions would be greatly appreciated.
Start buying $10 per week** worth of bitcoin as soon as possible, and study it while you continue to buy $10 per week, and if you later come to learn more about it, then adjust your bitcoin accumulation strategy according to you learnenings.
**Note $100 per week might be better than $10 per week, but $10 is safer as a standard "catch-all" suggestion, since you Firsttime91 have not provided enough information to have any kind of clue about your situation. and in the end, you are 100% responsible for anything that you choose to do, including doing nothing which is a kind of something, but the fact that you created a forum account to post in these here parts may well show that you are willing to do more than just thinking about the matter.@JayJuanGee I really appreciate your this effort for helping me so now after reading this post from you, I am feeling comfortable and wants to give you few more details about myself I am having some funds from my parents and want to invest in any secret place where I can use them when I want to use them I am mostly staying at home with my stuff and having no job with depended on my family, so you're this all idea is good and understandable for me now I will start with this all from Monday after reading few things on different sites about this and try to have better things for my future in this investment thanks again. One more thing now mostly I will hang here regularly because I read many other things as well which are interesting for me and can help me in real life for better life.
Those details are hardly helpful, and surely there is no need to provide any personal details and you can talk in terms of hypotheticals as well, but anyhow, I understand that you are not likely a real person anyhow, just as Hueristic pointed out.
The basics of deciding any investment plan have to do with figuring out how much discretionary income you have, and so if you have an allowance, but you don't have any expenses, then theoretically you could use all of that to buy bitcoin, but even degenerate snot-nosed 12-year olds likely should be attempting to figure out categories of savings and if you might be responsible for paying for certain things that you want (or need) if that it part of the deal for getting the allowance.
You might also want to consider
my post in the buying on the dip thread, and even read through that thread to get some ideas too or even look at
my investment ideas thread.
[edited out]
Run along to the noob section and come back once you've grown up in a few years.
hahahahaha
Maybe Firsttime91 should go hang out with Exphorizon... and they can eat cookies and drink milk together... just a matter of at which grandma's house.