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    Author Topic: My advice on investing in Bitcoin  (Read 1182 times)
    RockBell
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    January 04, 2025, 08:55:44 PM
     #141

    I totally disagree with what you just said above, because inasmuch as Bitcoin is known to be a volatile decentralized digital currency, it doesn't make it totally risky as it seems as compared to the risky involved in gambling and forex trading where it's either you win or lose while placing a bet in gambling or executing a trade in forex, unlike Bitcoin investment where the value of your money in respect to dollar can either rise or fall, depending on the demand and supply of Bitcoin. However, Bitcoin will remain the best investment for long term investors, instead of keeping it in the bank where it will literally yield little or no profit after several years.

    And not only bitcoin but there is a lot of sector thay actually involves risk as far as bitcoin is concerned and there are aspects in bitcoin that involves risk when it comes to trading futures and a lot more people have to come to an understanding that every invest have risk and how you manage it is what matters and the issue of volatility it more of a concern for those that are holding because of its nature some people count it to be a risk but that is not even the main risk.

    And when you talk about forex and that is another means of gambling and anything that includes gambling is always very risky, and people need to learn to manage it properly it might come with good profit at times but takes more than you think and me I still prefer crypto than forex because crypto comes with a lot of benefits unlike forex.

    And no matter what I will still prefer to do bitcoin over forex and everyone knows exactly what they need to do in other to make money there are people that are very good when it comes forex.

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