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Author Topic: What would it be like owning a Bitcoin in 2024?  (Read 613 times)
Essential10
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January 20, 2024, 08:21:52 PM
 #101


So what is your take about this, would you advise on owning Bitcoin in 2024 or do you see it as a total risk?

If you have good amount of money then you can start investing. I believe Bitcoin is the most secure coin in the crypto world. No 100% guarantee is possible in any investment. I don't see 2024 as a risk, Bitcoin ETF are approved and Bitcoin is getting close to halving in 2024. Bitcoin is coming to a bit of correction, little bit of correction has been done. If you want you can wait some more time for the price to drop. Expect to enter this year-end Bitcoin bull market, buy and hold.

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January 21, 2024, 12:56:53 AM
 #102


So what is your take about this, would you advise on owning Bitcoin in 2024 or do you see it as a total risk?

If you have good amount of money then you can start investing. I believe Bitcoin is the most secure coin in the crypto world. No 100% guarantee is possible in any investment. I don't see 2024 as a risk, Bitcoin ETF are approved and Bitcoin is getting close to halving in 2024. Bitcoin is coming to a bit of correction, little bit of correction has been done. If you want you can wait some more time for the price to drop. Expect to enter this year-end Bitcoin bull market, buy and hold.
Before we should invest bitcoin we need to understand about the market then we need to invest. Bitcoin investment is very easy and what is safe. But you need to invest bitcoin right time then you can successfully earn profit. If you are impatient with bitcoin investment.  If you sell the bitcoins, then you might be doing a big stupidity.
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January 21, 2024, 05:33:24 PM
 #103

It's true, many people approach crypto with the "get rich quick" mentality, only to be disappointed by the market's unpredictable nature. And you're absolutely spot-on – Bitcoin is not for everyone. It's a volatile asset with inherent risks, better suited for those with a long-term perspective and a high tolerance for uncertainty.

However, I wouldn't dismiss the genuine curiosity and enthusiasm driving people towards Bitcoin. While some questions might seem funny on the surface, they often reflect a desire to understand this complex and evolving technology. It's important to remember that everyone starts somewhere, and even the simplest questions can pave the way for deeper learning and engagement.

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January 21, 2024, 09:01:34 PM
 #104

So what is your take about this, would you advise on owning Bitcoin in 2024 or do you see it as a total risk?
Owning Bitcoin is one of the best things you can do in 2024. The market, adopters and analysts in general are pretty confident and optimitisc Bitcoin will get more valuable between 2024 and 2025, mainly due to halving event which is probably going to take place in next April. Of course there are risks involved, because this is a high volatile investment, with huge upsides and downsides, although what I keep in mind if that Bitcoin has never disappointed us on long run, taking its history into consideration since the beginning, so I feel secure to advise people to purchase as much as they can right now.

Although the risks are real, in my opinion they totally worth the potential rewards you can get from it. It's not a dumb risk like investing in altcoins, ponzi schemes or doing illegal stuff which will put your physical integrity in risk for money... Bitcoin is something else, so don't waste the opportunity you have in your hands to join the train of next bull season. Personally, I'm expecting at least 50% profitability over investments being made at this moment, and I suppose it's a conservative prediction yet.

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