So, is it worth the risk?
Have any of you had experiences that have made you more cautious or more confident in investing in crypto? Please share I'd love to know
I have been following Bitcoin for a long time. I believe Bitcoin is a permanent asset of life. Although no one can guarantee anything, I personally believe in Bitcoin. If one is not willing to take risks in cryptocurrency space then he will never get anything as per his expectations from here. Moreover, an investor should not invest on blind faith. There are definitely risks involved in investing, but those who invest with a long-term plan have less risk. All investments involving money are risky but based on probability if one takes the risk and holds the investment for long term they will surely succeed.
I didn't buy Bitcoin in 2018 because I thought it would lose its value and then I missed it in 2021 but since then I didn't want to miss out. If you start investing from every bearish position, there is a great chance to get more profit from Bitcoin.
Every Bitcoin dip should be viewed as a buying opportunity. When I started to understand about cryptocurrency and Bitcoin, I saw the success of Bitcoin since then. I became addicted to Bitcoin after seeing its success, and became addicted to buying Bitcoin. Next I started buying bitcoins. Gradually, as I started making profits, my interest in investing increased. So I now choose Bitcoin as my sole investment trust. The more bitcoins I hold, the more returns I get.
So I can definitely say that long term investment in bitcoin is risk free, Your investment must be for the long term. Then it will give you guaranteed profit. So I started investing with DCA method long ago, now I have built up a fairly good portfolio, and I have made good profit from it.
So currently the price of Bitcoin is on the dip, make your mind to buy this moment and hold for long time, and don't limit yourself to buy now, start investing in DCA method. You will always have extra expenses in your daily life, invest that money instead of extra expenses, it will bring you huge profits over time.
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