When we talk about the traditional investments we have to consider the fact that the investors does need a huge sum of money to start in that direction. Very often do we have to forget about the idea of investing because the people do not have a certain amount of money saved especially during the covid. For me I do consider bitcoins as an investment, a long term plan because I cannot sit and purchase stocks and other things like gold and property. I do think it's important to differentiate it but at the same time it is dependent on your personal usage as well. The volatility is something essential as well since without Volatility we won't be able to see profits as well. It's all about the timing .
No, this is a very common misconception and simply not true. Many stocks can be purchased for a few dollars, same as mutual funds or ETFs. Bitcoin is at 38k per coin, but yet you can still buy $25 worth or say $100 worth. Same thing applies with other traditional investments like stocks. Many stocks aren't very expensive per share plus you can buy fractional shares. You can buy a gram of gold for less thank $100 dollars. Now sure land isn't cheap, but that's a more outside the box exception. If money is tight then purchasing bitcoin or other cryptocurrencies is the exact type of investing you should NOT be doing. Volatility is not needed for profits either. It can be helpful or desirable in certain cases, but it's not needed.
People should know at least about fractional purchases which could really be done neither they are dealing with Bitcoin or other traditional investment like stocks and forex.What matter most here is that you do able to
diversify you investment which could potentially give out profits, i dont believe that volatility isnt needed considering that these are the main factors on why we do earn but in overall aspect
it all matters with the potential of the project you are really investing on and if it does really have that demand then expect that significant rise.
