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Author Topic: im new to this bitcoin business  (Read 142 times)
serjent05
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March 10, 2023, 10:11:23 PM
 #21

the year is young and im ready to start investing !!! i heard this stuff is how u make millions. we're making it out of the cold streets of hull foreal!!!  Grin Grin Grin Grin Grin Grin Grin Grin Grin GrinBTC

I hope when you said you are ready to start investing, you already grasp the basics of Bitcoin economy.  Not because you heard many people are getting millionaire because of Bitcoin investment, the same thing will happen to you.  In reality the ratio of people getting rich in cryptocurrency is only a handful compared to those who had lost their investment.  Not all people are lucky, have the fund, and have the patience and perseverance to see things through while hodling with their Bitcoin.  Among the Bitcoin investos which one are you?  Your answer will determine whether you will be profitable in this venture or not.

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decodx
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March 10, 2023, 10:24:05 PM
 #22

Hey OP, welcome to the Bitcoin community! It's always great to see new people joining. And yeah, there are definitely stories out there of people striking it rich with Bitcoin. But, it's important to remember that it's not a guarantee. It's all about doing your research, understanding the risks, and making informed decisions, and it's important to approach investing in Bitcoin (or any other asset) with a level head and realistic expectations.

Have you done any research on how to get started with investing in Bitcoin? Have you thought about how much you're willing to invest and what your long-term goals are? These are all important things to consider before making any financial decisions.
Fivestar4everMVP
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March 10, 2023, 10:30:16 PM
 #23

the year is young and im ready to start investing !!! i heard this stuff is how u make millions. we're making it out of the cold streets of hull foreal!!!  Grin Grin Grin Grin Grin Grin Grin Grin Grin GrinBTC
Definitely, you gonna make millions if you invest millions, this is just the simple analogy right now.

I hate to be the bearer of a bad news, but I must be honest with you, the stage at which bitcoin made turned $100 investors into millionaires is gone, at the current stage bitcoin is right now, you get what you put in, this is, if you invest means, then possibly, you gonna make millions back in profit, there is a high chance your profit is gonna be in the hundreds, while if you invest thousands, your profit will likely be in thousands.

So the above is my way of saying, don't invest a $100 in bitcoin and expect to bitcoin a millionaire, this will likely not happen even if the price of bitcoin skyrockets to $1 million dollar..
So watch it.

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