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Author Topic: A student investing in bitcoin?  (Read 1550 times)
Septex (OP)
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February 07, 2024, 05:12:18 AM
Last edit: February 07, 2024, 05:28:54 AM by Septex
 #1

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
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February 07, 2024, 05:29:57 AM
 #2

That's very good because you are already interested in investing in Bitcoin, maybe this is your best decision this year. But first I want to say that investing in Bitcoin has potential, but it also has the risk that at any time the price of Bitcoin could decline, if you can't afford this risk, you should postpone investing in Bitcoin until you can accept the risk. However, if you are ready for this risk, you can invest your money and start your journey in Bitcoin investment.
And talking about your savings, I suggest that you don't need to invest your savings in Bitcoin, because after all you need cash if you experience difficulties. Only invest cold hard cash in Bitcoin, whether you allocate some of your salary or other money. Hopefully my advice can help you.

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February 07, 2024, 05:43:00 AM
Last edit: February 07, 2024, 06:00:09 AM by Rikafip
Merited by FatFork (1), Plaguedeath (1), Z_MBFM (1)
 #3

According to one of your earlier posts you already invested in bitcoin in the past but then had to sell it so I am not sure why you are talking like you never bought bitcoin before and know nothing about it. An obvious answer is merit fishing but I am curious to hear your answer.  Wink


At that time I was in college and knew about Bitcoin since that time I saved my college stipend money and invested it in Bitcoin and gradually saved fractions of good Bitcoins there. When I collected and invested my stipend, Bitcoin was at a much lower value, and I made a lot of profit at this point. I might have made more profit if I had held it longer, but I bought the thing by selling bitcoins for one of my essential tasks

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February 07, 2024, 05:43:11 AM
Merited by fillippone (1)
 #4

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
Maybe it's a good decision for you that you already know about bitcoin investment and are interested in investing in bitcoin. Since you said that you are a part time teacher in a private college you deposit the amount you get from there at the end of the month and with that money you want to invest Bitcoin. Yes you can invest if you want but you will invest bitcoins in such a way that you don't have to sell the investment if you need money while investing.

You might want to invest in Bitcoin with a small amount of money which is the DCA method. This way you can invest bitcoins at your convenience and deposit any amount of bitcoins whenever you want. But you have heard from said friends that they have profited by investing in Bitcoin. Yes if you invest big amount in bitcoin then maybe you can get more profit in few months but If you start investing in Bitcoin with a small amount of money, you have to make this investment for a long time otherwise you cannot expect your desired profit. No one can expect good profit if Bitcoin investment is not done patiently for a long time.

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February 07, 2024, 05:57:17 AM
 #5

You wrote some stories and they are conflicting with each other.

"Bitcoin investment is the key to success". In that story, you said you invested in Bitcoin in 2022 and now you are telling something different in this thread.

There are many ways to contribute, make good posts and get merit. Writing stories is not best or only way to earn merit.

Welcome message with basic idea to make quality posts and get merit.

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February 07, 2024, 05:57:32 AM
 #6

According to one of your earlier posts you already invested in bitcoin in the past but then ahd to sell it so I am not sure why you are talking like you never bought bitcoin before and know nothing about it. An obvious answer is merit fishing but I am curious to hear your answer.  Wink
Nothing new, the trick is create a new thread in Bitcoin Discussion, Economic or Beginners & Help section. Talk about an experience as a newbie about Bitcoin, view Bitcoin as a God, praising Bitcoin over other assets and don't forget to upload big picture to make the thread looks long.

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February 07, 2024, 06:07:34 AM
 #7

According to one of your earlier posts you already invested in bitcoin in the past but then ahd to sell it so I am not sure why you are talking like you never bought bitcoin before and know nothing about it. An obvious answer is merit fishing but I am curious to hear your answer.  Wink


At that time I was in college and knew about Bitcoin since that time I saved my college stipend money and invested it in Bitcoin and gradually saved fractions of good Bitcoins there. When I collected and invested my stipend, Bitcoin was at a much lower value, and I made a lot of profit at this point. I might have made more profit if I had held it longer, but I bought the thing by selling bitcoins for one of my essential tasks

The statement is a very contradictory one, if you have invested and sold it ,I think you have the idea before now,but if may be it was as mistake you did it lacking knowledge or proper information ,then you need learn how it works the pros and cons is the system. Bitcoin is not a quick rich platform as many think that once you invest be on Bitcoin you become rich overnight, Bitcoin can make you rich no doubt about it ,but you need be patient with your investment in the platform because quick withdraw after investment can't make you that rich. Secondly you really need something that can sustain your daily financial need when investing on Bitcoin to avoid the attraction of quick withdrawal. Don't make any decisions that will affect your living because it will make you not to hold the investment, using your life savings is not quite advice, the best is to divide the savings and put some in bitcoin why the other one should be in a business you will see daily income to enable handle basic need inorder to avoid selling your Bitcoin at the wrong time .

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February 07, 2024, 06:32:11 AM
 #8

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
Don't know whether you are new to investing in bitcoin or not, but anyone who wants to get involved in investing is the right choice because you know that bitcoin is one of our biggest dreams to buy it. Regarding the issue of whether you should buy bitcoin with the amount of money in your savings, in my opinion it is not necessary because you have other needs to support life with your family. Create an investment percentage and adjust it to your savings and income because we never know when we will need cash for urgent needs.

If you already believe Bitcoin is one of the best investments then invest responsibly with an amount you can afford to lose. Use a long-term concept to store the bitcoins you have because I am sure that when the ATH arrives you will see the big profits that bitcoin can provide. The most important thing is don't panic and remain calm in any condition because that's how we can make a profit.

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February 07, 2024, 07:02:04 AM
 #9

After reading the previous comments, it seems you know the idea of investing in Bitcoin. Now, it is up to you to decide whether you should invest your savings in Bitcoin or not, considering your previous investment experience. However, you may also want to explore other opportunities in the cryptocurrency market, such as learning more about its history and other aspects. There is a lot to discover and benefit from in the world of cryptocurrency beyond investing in Bitcoin.

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February 07, 2024, 07:40:27 AM
 #10

It should be a good decision for you, since you share a past with Bitcoin investment already, you don't need to ask this question again it will only make you look bad, people will start looking at you like a merit fisher, there must be many other things you don't know about Bitcoin, aren't you curious to know?

There are many things to know as a newbie, I think you should start working on what you don't know, don't let your knowledge about Bitcoin ends with buying and holding Bitcoin for long term, it's going to be fun, trust me, also learn how to keep your Bitcoin safe for long term.

Since you are a student, it's surely going to take a long time to accumulate good numbers of Sats, you need a good Bitcoin wallet for that, and here is a friendly advice for you, don't push yourself too hard, it's not worth it, face your studies and invest in Bitcoin only if you have spare money, unless you decide to get a side job? Having a good future does not ends with Bitcoin.

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Aanuoluwatofunmi
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February 07, 2024, 08:11:03 AM
 #11

deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

It's your savings, invest in Bitcoin because it will be more better than for you to be holding them in fiat, this is one of the advantages that you got served with Bitcoin adoption when you invest in it, you have control over your money, you determine what to do and when to spend it and it also becomes more profitable for you when you're able to hold it in your personal wallet.

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TheUltraElite
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February 07, 2024, 08:19:46 AM
 #12

Student or no student, bitcoin investing is not biased toward anyone. If you have savings, divide that into some for bank and some for buying crypto.

It is possible to buy crypto every month or in bulk when the price drops, both of them actually averages out, but since you are from a developing country and already struggling with earnings, the second option might seem better.

Selling should also be a part of the cycling of bitcoin, dont forget that.

OP is from Bangladesh and their posts are made just to get merits, no offense but this type of mentality of making threads and posting them for review to merit sources should be improved, you are not here just to get merits by writing stories, there are better ways to work on that. I hope you find them and improve yourself.

R


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February 07, 2024, 08:22:53 AM
 #13

Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
As a student, it's encouraging to see your interest in investing in Bitcoin. If you're already confident in investing, go ahead and invest. But if you're feeling hesitant, I suggest you do some research to increase your knowledge and confidence. It isn't easy to invest when you don't understand the investment. By learning more about Bitcoin, you'll be able to make an informed decision on whether or not to invest.

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February 07, 2024, 08:24:03 AM
 #14

According to one of your earlier posts you already invested in bitcoin in the past but then ahd to sell it so I am not sure why you are talking like you never bought bitcoin before and know nothing about it. An obvious answer is merit fishing but I am curious to hear your answer.  Wink
Nothing new, the trick is create a new thread in Bitcoin Discussion, Economic or Beginners & Help section. Talk about an experience as a newbie about Bitcoin, view Bitcoin as a God, praising Bitcoin over other assets and don't forget to upload big picture to make the thread looks long.

and the OP has been on the forum since April 2023.

I also want to know how it works.

If the OP has been here since April 2023 and still doesnt at least know the basics of
how Bitcoin works and investing in Bitcoin, its a lost cause. How does the OP not
realise that his threads from previous are conflicting?

R


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February 07, 2024, 08:46:56 AM
 #15

There's a saying about being careful with investing in Bitcoin.  It can definitely be risky business.  At the same time, I want to believe most folks sharing their experiences are doing so honestly, even if they don't get everything exactly right.

Maybe they're new to crypto and still figuring it all out.  Or maybe in their enthusiasm they unintentionally exaggerated or misremembered some details.  Either way, probably best not to assume bad intentions right off the bat. 

And for sure no one should feel pressured into anything.  We all have to make informed responsible choices with our money. 

OP, if you're being honest and genuinely new to Bitcoin investing, I wish you the best of luck. However, if your intention is to post fabricated stories just to gain merits, or forum rank and recognition, please stop. Your post history can be easily checked, so it's best to be genuine and contribute meaningfully to the discussions.


R


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February 07, 2024, 08:48:10 AM
 #16

It is your choice whether you want again invest in Bitcoin or not. As you have been part of this forum since April of 2023 and have earlier invested in Bitcoin you should be well aware of how it works. Creating topics that are similar to the previous one won't help you. it is better you read the information that is being discussed about Bitcoin on this board and then make the decision.
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February 07, 2024, 09:19:17 AM
 #17

Should I invest my savings in Bitcoin?
Yes if it is extra money but if not then no. We all know that Bitcoin investment has risks so if you need that money during dip or bear market I think you will be forced to sell it and surely it will hurt your investment and capital. Just make sure you are ready to play for the game of volatility, much better if you make it long term so it won't stress you out.



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February 07, 2024, 09:31:31 AM
 #18

OP I don’t believe you’re being sincere, your story keeps changing and the details don't add up to their original story. From your post history, this is not your first time buying bitcoins or did you make this post from the wrong account. This looks to me like another topic created to earn merits and activity point. As for whether you should invest your savings in bitcoin, I think it is better if you take your own advice.

You can invest very small to small amount of money in Bitcoin if you have less resources. I have already profited from investing in Bitcoin. Through which I got positive idea about bitcoin and from here I got motivation. If you keep a small amount of money in the bank, there is very little or no profit from it. But by investing in Bitcoin you are most likely to make a profit.

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February 07, 2024, 09:36:40 AM
 #19

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

Yes you can invest in Bitcoin.  Because the price of Bitcoin is increasing day by day.  If you buy some bitcoins then you will get good profit at one time.  I think you should buy and hold bitcoin.  Bitcoin price will increase as time goes by.In this case, if you buy bitcoins, you will get a good profit at one time.So you need to do some investment in bitcoins in which you will get good profit if you hold for a long time.

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February 07, 2024, 09:42:25 AM
 #20

According to one of your earlier posts you already invested in bitcoin in the past but then had to sell it so I am not sure why you are talking like you never bought bitcoin before and know nothing about it. An obvious answer is merit fishing but I am curious to hear your answer.  Wink

This is one thing about cooking up stories. Most times, the author forgets about what they said before and is too lazy to study the old thread in order to keep the stories in place. Instead, they come up with a new one every now and then, forgetting there could be members who are concerned and could trace and get their things all out and together.

R


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February 07, 2024, 09:51:01 AM
 #21

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

Of course you can invest your savings in Bitcoin but in that case you need to adopt some strategy. It is not enough to invest, but you must adopt different investment strategies to keep the investment. Buying Bitcoins requires you to gain experience with the market. But keep in mind that you can never break even as the market ups and downs may result in loss of your investment. If you find it difficult to invest at once then you can continue investing by adopting the DCA method. Always remember one thing in life only if you can take risk you will be successful if you don't take risk you will never be successful.

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February 07, 2024, 09:56:11 AM
 #22

Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works.
It is good to invest I bitcoin because it is profitable but you really need to understand bitcoin before you can get profit from it. If you invest bitcoin without you learning to have understanding how profit is gotten you may end up loosing everything. Bitcoin does not make people to be rich, you shouldn't expect to make money from bitcoin as a normal source of income. When people have a mindset like this concerning bitcoin it normally don't make the investment to be profitable.

I will advice you not to just rush to make investment in bitcoin,  first try your best to understand bitcoin well first. Bitcoin is volatile which it is good  when it is a longterm investment.  And if you are investing in Bitcoin it doesn't necessarily mean it must be with all your savings,  you just need to make up your mind in making good decisions when you are to invest bitcoin.  It is important for you to invest with the amount you can afford to lose and not with all your savings because if you do, you will surely need back your money so soon because you will depend on it.

R


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February 07, 2024, 10:33:48 AM
 #23

 It seems you are seeking permission to invest in Bitcoin with your student savings and I'd suggest you first understand that Bitcoin is not a get rich quick scheme that the moment you start, you'd begin raking in profits; know that it's a volatile coin and as such has it's risks. There's a possibility that when you enter the game it won't be rosy and instead of profits, you get losses and this might make you impatient and want to pull out. It's best to invest with what you can afford to lose. As a student, get other means of income so you won't always be monitoring your holdings.
For me, you tend to enjoy your Bitcoin when you don't be in a hurry to sell off.

Sometimes too, it helps to be straightforward. Try not to confuse yourself simply because you want to gain cheap popularity or want enough comments on your thread. You've been called out on this attitude, what do you think that tells of you, Op?

R


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February 07, 2024, 10:35:21 AM
 #24


It is good to invest I bitcoin because it is profitable but you really need to understand bitcoin before you can get profit from it. If you invest bitcoin without you learning to have understanding how profit is gotten you may end up loosing everything. Bitcoin does not make people to be rich, you shouldn't expect to make money from bitcoin as a normal source of income. When people have a mindset like this concerning bitcoin it normally don't make the investment to be profitable.

I will advice you not to just rush to make investment in bitcoin,  first try your best to understand bitcoin well first. Bitcoin is volatile which it is good  when it is a longterm investment.  And if you are investing in Bitcoin it doesn't necessarily mean it must be with all your savings,  you just need to make up your mind in making good decisions when you are to invest bitcoin.  It is important for you to invest with the amount you can afford to lose and not with all your savings because if you do, you will surely need back your money so soon because you will depend on it.

The main question here is how much a student can afford to save to buy Bitcoin. I remember my student years, of course I tried to earn extra money and save something, but it would have been a very meager investment and my thinking was very far from what it is now. Such an understanding of investing was very distant for me and without any experience in financial management. It is also worth thinking about how much Bitcoin can grow from the current price, and what profit this will bring to the student with his meager budget.

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February 07, 2024, 10:54:09 AM
 #25

You must be let known that Bitcoin is not a get rich quick Invest so that you don't have your savings spent on the investment and hoping it would provide you with the finances to support your education.
Bitcoin has a fluctuating potentials meaning the value rates are not stable neither does it only keep accelerating appreciating but it also fluctuates by the biased side as the Pros and Cons.
But if you can find your way to invest and stil stay fitted to beat your educational finance demands then it is a good choice of you coming into the inventory technology of Bitcoin which definitely would have you the chances of getting rich but yet dear, your patient to hodl for a long time is essentially necessary if you must be on the safe side of making profits in this Bitcoin journey. It would be a more proefficient credits if you can keep accumulating at your stipulated basis.

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February 07, 2024, 11:18:33 AM
 #26

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works.
Investing in Bitcoin is not a bad idea but certain things should be in place before Investing. First, you need to have a foundational knowledge of how it works. If your friends benefited from Investing in the coin, you have to ask them how they made profits. Second, don't think only about the profit you should also consider the risk and how long it will take for you to start making profit.

Quote
Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
Bitcoin is more profitable when it is seen as a long-term investment which means you should be able to keep your coin for four years and above. For you to achieve this.it is important to have an emergency fund that will take care of unforeseen events. Putting all your savings into Bitcoin might not be the best option because you might be forced to sell your hodling if you have an emergency. Ensure you have a backup fund before investing all you have in Bitcoin.

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February 07, 2024, 11:45:33 AM
 #27

-snip-
Should I invest my savings in Bitcoin?
It is your choice and your choice alone my friend, just know how much you are making, the bills you pay and the remaining amount left with you. Then you can know whether you are financially buoyant enough to have excess, not to talk of investing in Bitcoin. Maybe you didn't ask this question very well here, maybe you wanted to ask if that investment in Bitcoin could boost your financial freedom to the point of having excess that will easily pay for your university and others.

Well, I will advise you not to dare it, Bitcoin as any investment, it's good to risk only the money you can afford to lose in it. Bitcoin may not be well-aligning with your plans when you need the return, that might be the time that it might be falling. It is designed for HODLers majorly, and they are such that buy and keep it for a long-term investment. If you can wait, it can be a wise idea but you must be well informed about the coin as well to avoid cutting your expectations short.

But if it is for immediate needs, I will just advise you to avoid that.

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arwin100
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February 07, 2024, 12:19:12 PM
 #28

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?


Don't take any rush decision upon investing on bitcoin since it needs proper study so that you can earn success here but also you need to know the risk so that you will not expect to get a passive income since usually this is what those scammers will offer to you and they insert in your mind that its easy to earn by investing on what they offer.

So before investing on bitcoin what I can suggest is to read a lot of helpful article here also try to find a reliable group of people tackles this discussion with no scam intention so that you can find a support group that can help you grow in this industry. Although its rare for a newbie to find a good circle but consistency of seeking information about crypto for sure you can find these good people that can inspire you to work more better on bitcoin and crypto investment.

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February 07, 2024, 12:25:12 PM
 #29

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses.
There are many people who heard about Bitcoin during its early existence, but for one or two reasons, they did not bother to learn about it to know the purpose for which it was created. But for some people who are ignorant, they just follow some people blindly, thinking Bitcoin is operating like other Ponzi schemes, and they may be scams. But I am happy for you that you have thought wisely to learn about Bitcoin now because there are some people who have been hearing of it for over 8 years but never take the time to know why it was created.

Quote
I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

If the money you want to invest isn't something you'll need right away, it might be a good idea to put it into Bitcoin. But if it's money you might need soon, it's probably not a good idea to invest it in Bitcoin because the price can go up and down a lot, which means you might not be able to sell it for a high price when you need the money, it even very possible to sell less than money you invest. It's only a good idea to invest your extra money in Bitcoin so you can able to keep it for a long time and wait for it to make a profit. That's because holding onto Bitcoin for a long time is the best way to make a lot of money from it, especially when there are halving periods that happen and cause the price to go up Bitcoin.


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Ultegra134
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February 07, 2024, 12:41:08 PM
 #30

The OP was online after a few users called him out, so I'm guessing he has probably seen their replies. This topic looks like the usual newbie-ranked accounts trying to accumulate merit by describing how they started their involvement with Bitcoin, which sometimes works if done correctly and in detail. There's nothing wrong with trying to acquire merit, but at least, get your facts straight and don't contradict yourself; lying about it won't get you far, and your so-called story isn't a detailed or interesting one either to attract merit.

I don't want to sound harsh, but at least try to be honest about it and put in a little more effort.

R


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February 07, 2024, 01:17:20 PM
 #31

This is doable if you know what you are doing, as a student you should be more serious with your studies, and since this is on your front you shouldn't be bored investing in Bitcoin, I would have think about my graduation 🎓 while investing in Bitcoin, saying that by the time I am through with my education I would have gathered some good amount of Bitcoin, it's a good dream.

Do not rush, if you can squeeze yourself for some part time job it will help you so much, but it depends on if there is enough time and space for that, if not, do not worry, keep accumulating Bitcoin only if you have the spare money, don't get greedy, don't invest money for your education purposes.

Don't starve yourself because of Bitcoin, it will affect you in future, invest only what comes as a spare money into Bitcoin and have your mind set on the future, not today but tomorrow, it's not too late to start.

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Assface16678
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February 07, 2024, 01:40:18 PM
 #32

You should invest, yes, but only the funds and money you can afford to lose. If that savings is very important to you and you are saving it for something else or material things for the future, then better not use it. But it depends on you. If you can take the risk, then you can push through, but make sure you can handle the effects of investing in bitcoin. It's not always white in bitcoin, and you will come to the point where you will surrender as you can't handle the stress and anxiety that bitcoin investment can give. You could hold, but make sure that you've entered the market at the right time or brought bitcoin at the right price. Anyway, good luck! I think you could get more advice and opinions from other users here. Take the risk if you can, but if you know yourself better, then you are the one who could answer your question.

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February 07, 2024, 02:51:32 PM
 #33

op is going to be the best decision of your life It will be the best decision of your life if you invest in Bitcoin. That's because Bitcoin is risky. If we keep in mind and invest in Bitcoin well, we will surely profit from Bitcoin. When it comes to Bitcoin investment you must keep in mind that you must have a long-term plan and must be patient in investing in Bitcoin after checking the market. If you don't have enough knowledge about Bitcoin market then you won't get much success with Bitcoin investment. Patience is very important in this case, you must be patient and invest long term to get success from Bitcoin. If you want to invest your savings in bitcoins you can do it no problem.

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February 07, 2024, 02:55:45 PM
 #34

A student investing in bitcoin?
You should have learned about investing in 2019, when you first got to know Bitcoin, meaning you have matured yourself for 5 years now in everything related to Bitcoin, investment, trading and so on.

But it's not a problem if you continue to deepen your knowledge of investing in Bitcoin from your friends, you must first learn about the current developments in Bitcoin from various sources of information, I'm sure you will be successful in investing.

R


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February 07, 2024, 03:18:26 PM
 #35

I'm happy that op is doing well, working as a teacher while studying at a university. Bitcoin is an interesting investment, but, as any investment, it involves a risk. Nobody can know for sure for how long Bitcoin will continue growing or how expensive it can get. So if you have a small amount per month you can spare on Bitcoin, of course you can try it. But only invest what you can afford to lose because you don't know how things will turn out for Bitcoin. Also, learn about non-custodial wallets and keeping your money safe, both from hackers and from your own forgetfulness and losing access to your money.

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February 07, 2024, 03:30:06 PM
 #36

Stop making up stories, there is no sensible reason for doing that, you may have forgotten that you had said in an earlier post that you invested some money into BTC, now you are here again saying the same thing. This is a BTC community and it is exciting for the forum when newbies buy their first BTC, but you don't have to lie in order to impress the community and probably earn some merits. Try again when you actually buy some BTC's for yourself.

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February 07, 2024, 03:37:25 PM
 #37

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again.
All these years you have heard about bitcoin, but were hesitant to learn more and in depth about it, and now you feel that you missed out on possible benefits.

They have benefited from this.
But it doesn't give you peace. And you certainly want the same?

Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works.
Oh, this thirst for enrichment, but bitcoin is not only a profitable investment instrument, but something more.

If you want to know how it works, welcome to the appropriate section - Bitcoin Technical Support

Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
This is your life, your money and only your risks. I can tell you to invest in bitcoin (as most here will say), but this recommendation will not affect me at all (no consequences), but the consequences will definitely affect you. It is only unknown whether it will be in a positive or negative way. But I assure you, investing in bitcoin changes everyone's life.

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February 07, 2024, 03:41:23 PM
 #38

Since you want to enter the field of digital currencies, especially Bitcoin, in light of the rapid changes occurring in the market, where everyone has become dependent on crypto,
If you have information and you are working hard to obtain a reasonable amount of money to invest, why not take this step if you have the determination and the means...but first you must understand this field more and read everything about it so that you do not make a mistake in your decision.
We have the same idea, you and I, and I do my researchs always trying to understand again and again this is my goal at the moment, and I hope it will be achieved like everyone else’s goals. I always read the comments and noticed that there are veterans in this group. I think they can help with their experience

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February 07, 2024, 03:51:37 PM
 #39

Welcome to New Investment, During your school life your friends discussed about Bitcoin but you did not pay much attention to that discussion because you had no idea about these things then and you could not understand their discussion. But you learned about investing in Bitcoin after college, but by this time your friends have already made enough money from investing.

What you need to know is what investing is and how investing works. If you find it difficult to understand investing then imagine a real life trader who has invested money for a period of time and now has made a substantial profit from his investment. It's not that the investor just invested money and made a lot of money, but you can see in his business life that he may have failed several times and he turned around and took risks and invested again and he finally succeeded. Similarly, in the case of Bitcoin investment, you may experience temporary loss in your investment in the first stage, but without getting disappointed, you must try to hold the investment for a long time and if you hold, the investment will definitely return you a good amount of profit.
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February 07, 2024, 04:00:08 PM
 #40

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

Good image but you can try the resize feature as well here on the Bitcointalk bro, I would personally say using the custom size is good in view haha
Code:
[img width=500]..............................[/img]
this is the basic format.

At the same time I would suggest not going for the random picks be careful when learning about Bitcoin and judge the market, then after having some exposure to the market and discs of stay & security you should go for picking a strategy to invest, means all in or DCA which one suits you pick that one and enjoy your satoshi life in the Bitcoinverse.

Also its really good that you are conscious of the digital revolution and thinking about making some Bitcoin entries, as it's never too late at least in this cycle this is gonna be the golden cycle for genrational pick...

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February 07, 2024, 04:15:47 PM
 #41

With evidence shown above it means you already have Bitcoin or have had it before, but the question that you asked if you should invest your savings is probably what I will only answer here.

Bitcoin Investment has some little things to put consideration before investing in it. which are investing only what you can do without for a long time, you should also have a good cash flow (a job that can pay you on a weekly or monthly basis in order for you be able to purchase), should also have an emergency funds that can cover up your six months unforseen expenses and lastly consider a good wallet to store your Bitcoin. additionally there are ways to buy or strategies to buy Bitcoin but it's most preferable to use the DCA method which you will come across soon.

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February 07, 2024, 04:21:54 PM
 #42

I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
Yes, you can invest in bitcoin since you have had interest in it since 2019. As you said, make sure you reserve some money for your upkeep so that you will not sell quickly if you need money for something very necessary. You can use some of your savings to invest in bitcoin; the method is called DCA, which means dollar cost average. Ensure that the money you are investing is something you won't use anytime soon because a long-term Bitcoin investment is more favorable and profitable than a short-term investment. Also note that Bitcoin investment is not a get-rich-quick scheme where you will expect a huge profit in a short period of time.

R


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February 07, 2024, 04:27:07 PM
 #43

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

Yes you can invest in Bitcoin.  Because the price of Bitcoin is increasing day by day.  If you buy some bitcoins then you will get good profit at one time.  I think you should buy and hold bitcoin.  Bitcoin price will increase as time goes by.In this case, if you buy bitcoins, you will get a good profit at one time.So you need to do some investment in bitcoins in which you will get good profit if you hold for a long time.

Haha, I was questioning and suggesting Op too resize the image for a better view and infection here another fellow is quoting the entire post with the image and not even adjusting the size, Buddy you can resize it whenever you feel it's not appropriate as here we are not posting thoughts in the images, actually its all text-based and text size comparing to the image of that size is reapply non-readable.

At the same time, you can also remove the unnecessary part of the post from the quote simply you can use the
Quote
___SNIP__
on that place, and it's more accurate when you are mentioning your point of view on the entire topic for specific sections and points you can remove the rest.

Besides that #Bitcoin is OP and adopt #Hodl.

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February 07, 2024, 04:29:34 PM
 #44

I understand that many people become interested in Bitcoin after seeing their friends succeed with it. I also want to explore it. Considering my job and studies, investing can be challenging. If I have some extra funds, I might try investing some of it in Bitcoin, but I need to be careful and not risk too much.Right now, it seems to me that it's not the best time to invest in Bitcoin, no matter how silly it may sound, but there were times for entry a couple of years ago that were much better than now.
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February 07, 2024, 05:03:11 PM
 #45

According to one of your earlier posts you already invested in bitcoin in the past but then had to sell it so I am not sure why you are talking like you never bought bitcoin before and know nothing about it. An obvious answer is merit fishing but I am curious to hear your answer.  Wink

At that time I was in college and knew about Bitcoin since that time I saved my college stipend money and invested it in Bitcoin and gradually saved fractions of good Bitcoins there. When I collected and invested my stipend, Bitcoin was at a much lower value, and I made a lot of profit at this point. I might have made more profit if I had held it longer, but I bought the thing by selling bitcoins for one of my essential tasks
Some times, these magicians forget that they’ve got several audience and after having performed several tricks under their sleeves, the audience gets to deduct a few.
It’s obvious this user forgets his own past performance and here is the user yet again, trying to fool the forum. It doesn’t just tell tales of your intent @OP, it also speaks of your person.

My advice would be, ensure you’re learning the skills that would help you in your Bitcoin journey and gathering the most necessary information that would prove ever useful in multiple contexts. Don’t be in a rush to expose yourself as there are more than a thousand pair of eyes here to observe and brains to deduce what’s going on.

Nice one taking a note of this one Rikafip.

R


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February 07, 2024, 05:10:58 PM
 #46

I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
And that question should even be a self-made decision, I would have advised you to invest in Bitcoin because inflation just has a way of spoiling everything you save might not have much value to you, and since there is no way for you to even invest, it will be good, anyone that has invested in bitcoin won't regret it for anything, and that is one people in bitcoin will always encourage you to invest in bitcoin.

Yes, you can invest in bitcoin since you have had interest in it since 2019. As you said, make sure you reserve some money for your upkeep so that you will not sell quickly if you need money for something very necessary. You can use some of your savings to invest in bitcoin; the method is called DCA, which means dollar cost average. Ensure that the money you are investing is something you won't use anytime soon because a long-term Bitcoin investment is more favorable and profitable than a short-term investment. Also note that Bitcoin investment is not a get-rich-quick scheme where you will expect a huge profit in a short period of time.

And with him having the idea already will make everything much easier for him than newbies he knows all the necessary steps to take and with that foundation, you can even do a little bit of trading or go full-on holding. and having some amount for upkeep is also a very nice decision to make so that you don't put too many eyes on your investment and start spending from there. the mindset that it is a long-term investment makes everything much easier. because a lot of people who might have started with us are no longer with us just because of that knowledge. both long and short-term investments will favor anybody who masters it, so do all and see the one that will favor you. You can fully decide the part you want to take in your investment.

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February 07, 2024, 05:15:45 PM
 #47

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?


I would like to welcome you and all us on this crypto space or world on which this is something a market that you can really be able to expect that would be ending up on positive results but rather it would really be a roller coaster like kind of ride i should say. If you've been able to hear out those students been talking about Bitcoin wayback and ends up on being having those positive outcomes then it is surely that they have been able to get in earlier than you but it doesnt mean that it would really be over for you. You could really be able to caught up but of course dont expect about having those profits always.

Thing to remember;

1. Invest on what you can afford to lose
2. Set selling and buying points
3. Dont easily get fomo'ed and extreme fud
4. Stick with your plans

Once you do have these things then you do at least having the idea on what you are really that dealing on with. When it comes to
investment then there's no assurance to happen into those things that happened into your mind.

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February 07, 2024, 05:26:20 PM
 #48

According to one of your earlier posts you already invested in bitcoin in the past but then had to sell it so I am not sure why you are talking like you never bought bitcoin before and know nothing about it. An obvious answer is merit fishing but I am curious to hear your answer.  Wink

This is one thing about cooking up stories. Most times, the author forgets about what they said before and is too lazy to study the old thread in order to keep the stories in place. Instead, they come up with a new one every now and then, forgetting there could be members who are concerned and could trace and get their things all out and together.
That's a typical newbie fishing merits character, for the lazy ones it's all about a new post with a freshly cooked story, I could remember one particular user that got three neutral tags by DT members boldly written LIER on the tags. Well atleast the best you could do is to make the market you are trying to sell atleast believable and not contradicting and confusing others.

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February 07, 2024, 05:56:09 PM
 #49

Should I invest my savings in Bitcoin?
congratulations, you have taken the right steps to join here and are interested in investing in bitcoin. as a member of the community here, I really appreciate that. and I myself believe that bitcoin has great potential to produce high returns, I myself also invest in bitcoin for the long term... BUT.... consider the risks bro, we don't know when bitcoin will correct to its lowest level, even though it's small, it's possible. It's not 0. Especially if there is a possibility of using your savings in the near future, you are worried that if you need the money but BTC is undergoing a big correction, you will suffer a loss if you continue to force yourself to sell it. We know that the price of Bitcoin rises and falls very quickly. but if you are sure and ready to take all the risks... welcome to the HODL group
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February 07, 2024, 06:08:13 PM
 #50

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

It is quite unfortunate if you have heard of BTC in 2019 but you no longer continue to research and find out more about BTC, if only you invested at that time maybe 2021 you could get a decent return from BTC, but the time has passed and you just want it back this year and I think the time is fairly right too.

Yes of course if you want to invest in bitcoin you have to deposit and buy BTC fractions or pieces at once depending on your ability, you must know how to store it properly so that you don't lose the Bitcoin you bought. But you as a teacher must understand how to manage money well so that your investment runs smoothly and your learning method must be much faster than people in general because you have a stock of knowledge from the world of education, congratulations on learning and enthusiasm for investing, you will be part of usBTC.

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February 07, 2024, 06:15:28 PM
 #51

Welcome brother Because you take rights decision i think. Bitcoin investment is safe i strongly believe it. If we see bitcoins previous history we will get a positive statistics like, five years ago bitcoin price was very low even ten years ago bitcoin price was more low. And i think after five years bitcoin price will more high there has no doubt. Because day by day Bitcoins mining and mining will end in future so then Bitcoin will never mine because Bitcoins quantity is limited but it’s user increasing Day by day. So it is simple Bitcoin price will increase. So i think you got fantastic decision. I think you will be profitable today or tomorrow. Best wishes for you.

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February 07, 2024, 06:17:57 PM
 #52

Dear, I read your story and I would say if you have sufficient funds and have sufficient knowledge about Bitcoin you should buy Bitcoin and hold it until you reach your goals or it hits the desired prices you planned haha well nothing works here according to our desire and Crypto space is too unpredictable.

First Educate yourself about Bitcoin then jump into it because if do not have good knowledge about it you may face some problems here. Well if I share my part I also have invested in Bitcoin and I am also a student but I invested in Bitcoin after gaining knowledge about it and its ecosystem. It is the very first digital currency I bought and I bought it for long-term holding. I would advise you you invest on your own end I am not giving any financial advice you should do your own research which makes it easy for you to understand bitcoin and its ecosystem. I am just telling you my story and recommending you to do research before entering here. 

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February 07, 2024, 06:47:17 PM
 #53

Should I invest my savings in Bitcoin?

It will always depend on your decision. Based on what you have said, you are interested with Bitcoin, so have you done your research about it? Of course there are maany people who gained benefit from investing but will it be enough to lead in such decision already? Do your part and know it to yourself. There are many resources where you could read things about it and this forum already is a big one. Asking others on what to do will just give you biases and not initiative. Decide for yourself in order to avoid regrets and end up blaming other people if ever things won't go as or in line with your expectations. Be practical and logical as well. If you are plaanning to invest your savings, would that amount be fine losing on your end? if yes, then go for it. If not, go for a portion of it. Lastly, and again, know what you are doing. Risk will always be there and never disregard it just because of the things you have read or heard.

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February 07, 2024, 07:28:51 PM
 #54

When I started in Bitcoin and Cryptocurrency I was just a student as well, I dont really have any idea of what Bitcoin is at that time, and the price of Bitcoin was around 400$ I think, I just learned about it when one of my classmates actually tell me about it and share his earnings, at that age, he already earns a decent amount of money on Bitcoin and cryptocurrency, he was actually a hustler since he has a lot of ways on earning money so when they told us about this thing we easily get interested and trust him on this one. In my mind being able to earn a fair amount of money which is probably huge already considering my age, I mean as a student I had already earned thousands of dollars cash straight in my wallet at that time, and I could pretty much buy all the food that I wanted so I was really grateful that he shares his knowledge to us.

Still, even though you are not a student anymore for sure it is still a good opportunity to invest your money in cryptocurrency not necessarily all of your savings since even though Bitcoin was huge it was still a very risky investment compared to other assets that are tangible, Bitcoin doesnt really have a physical form so your for sure not sure if it has some kind of value because the value of it is just depending on how the market moves. For me, there is always opportunity that is going to come in the market so it is never too late actually to invest that's for sure, DCA for sure is a good strategy to minimize the risk by just investing or accumulating Bitcoin monthly. But it might be better to have a solid financial foundation first before even starting to actually investment, make sure you have insurance, savings, emergency funds etc. before starting to investment so that you have backup plan in the future because Bitcoin is not guarantee, after a few years Bitcoin might not exist anymore.

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February 07, 2024, 08:09:53 PM
 #55

This is one thing about cooking up stories. Most times, the author forgets about what they said before and is too lazy to study the old thread in order to keep the stories in place. Instead, they come up with a new one every now and then, forgetting there could be members who are concerned and could trace and get their things all out and together.
I read the above post and it is indeed a conflicting post. Lol But maybe OP wants more attention from a new thread about investing in bitcoin like a newbie coming.

Alright now back to the OP's topic.
If you already know how bitcoin works then you are free to do it because you yourself will feel how the benefits will come in the future or the risks that will be faced.

If for example you invest all your savings what about your expenses? Still you have to have a reserve fund for emergencies for me investing in bitcoin is enough as you can if it is better from other sources of income then it can be added to bitcoin as your investment.

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February 07, 2024, 08:15:19 PM
 #56

Invest so that you can afford the loss. So yes, most likely, you can invest in Bitcoin from your savings. You can just follow the DCA strategy to accumulate bitcoin. You must have enough patience to see handsome profits from Bitcoin and wait for bull runs. This is the perfect time for you; instead of unnecessary spending, you may invest in Bitcoin. When you hold it for a long time, some day it will change your life. Struggle now for investing in Bitcoin, which would give you a happy life in the near future.

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February 07, 2024, 08:29:38 PM
 #57

A student investing in bitcoin?
You should have learned about investing in 2019, when you first got to know Bitcoin, meaning you have matured yourself for 5 years now in everything related to Bitcoin, investment, trading and so on.
If you actually go through OP's posting history - then you might think that the account has changed hands. I get the strangeness of how he wrote something that contradicts his past - I mean he is someone who is educated on investment matters and knows how to do it.

One of the posts:

I think it is not possible to get rich very easily or very quickly by investing. In the field of business, there are times when a lot of money is lost. However, if you want to make a profit by investing, you must wait patiently. Lack of people can get rich by investing in bitcoin but actually it is not.Investing in bitcoin requires investing for long term. So it is not so easy to become rich, of course, to become rich, you have to have confidence in investing and plan for the future.



But it's not a problem if you continue to deepen your knowledge of investing in Bitcoin from your friends, you must first learn about the current developments in Bitcoin from various sources of information, I'm sure you will be successful in investing.
As I said above - OP seems to be pretending he doesn't know how it works and doesn't know what he wants to do. A bit strange - but something may have changed.

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February 07, 2024, 08:30:03 PM
 #58

The answer is yes ,

Just like any other investments, bitcoin has its own risks however I can guarantee you that investing in it would be pretty much worth your money. I always think about the possibility that if I had known bitcoin when I was younger and have invested on it, what would have happened?

Investing in bitcoin, personally, is a must however you need to make sure that you are not driven by emotions such as excitement or greed. The money you will be investing should not leave you too helpless and broke. You can acquire bitcoin through DCA method wherein you just buy a specific amount of bitcoin regularly to reach your desired goal instead of buying one big amount of bitcoin one time.

I say good luck to your endeavor and may you be successful!

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February 07, 2024, 08:45:46 PM
 #59

Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
You have heard about bitcoin since 2019, and you never invested. You missed the opportunity that you had, but it’s not too late to invest. It's better that you invest in bitcoin if you are financially independent. Don’t just waste the opportunity that you have right now. If you keep on looking at bitcoin or are scared to invest, then you are going to miss out again. If you are planning to invest, then invest any amount you can afford to lose, don’t invest everything you have in bitcoin. Even if you will be investing your savings, make sure you don’t invest everything in bitcoin, you can just invest some parts, and then you can keep the remaining parts outside of bitcoin, you can get a physical investment.

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February 07, 2024, 08:47:23 PM
 #60

I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
I really appreciate how you try to study and work simultaneously. I understand this won't be easy. Regarding whether it is good for you to turn your savings into investing in Bitcoin, the answer in my opinion will depend on your own financial condition. Is the money used for investment really money for saving and will it not interfere with your own expenses? Because there might be some sudden costs, are you ready?

As long as you are prepared and understand what you are going to do, and you understand the risks, this might actually be a good idea. As long as it's in Bitcoin, not in fake altcoins which might end up being shit coins. Bitcoin is one of the valuable investments made by many people today. Indeed, there is no 100% guarantee that you will make a profit. However, if you know the cycle and scheme of when it goes up and down, when it is bullish and bullish, then this will give you unexpected profits.

R


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February 07, 2024, 08:49:26 PM
 #61

Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
You're in a Bitcoin forum so obviously, we'd encourage you to invest to Bitcoin. But what type of savings you are saying, your entire savings? If that is so, I'd say that you should only invest what you can afford to lose. Not entirely your savings but just to give you an idea that many people that have invested in Bitcoin have treated their investment as their savings as well.

So, after all the expenses and obligations that you have then it's up to you on how much allocation you'll invest on Bitcoin. Have you ever heard of DCA? That's what you're going to do and every time you have your salary, cut a slice of it that you're going to invest in Bitcoin.

So that it won't compromise your savings, it's a matter of how you manage your money but if it's not enough. The solution is to increase your cash flow and source of income.

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February 07, 2024, 08:52:29 PM
 #62

As long as you are able to cope with your life then it does not matter if you eventually want to move your savings to bitcoin because it is still a pretty good situation in the end.But on the other hand in this case we also have to know about risk management and we must realize that the current life that is lived must be prioritized for the long term so think about what you think is best in this case.

It would be great if you could do both because after all there must be spare funds that you have but you if you want to be in bitcoin then indeed have to use funds that will not be used in a certain period of time because in the end, we are talking about a longer-term when investing.
Don't be too hasty in making choices, don't be too aggressive in investing because everything must also be learned considering that when talking about bitcoin then we are definitely talking about risk because this is an inseparable unity so learn more so that you can confidently be in the scope of investment.

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February 07, 2024, 09:39:36 PM
 #63

Talk about an experience as a newbie about Bitcoin, view Bitcoin as a God, praising Bitcoin over other assets and don't forget to upload big picture to make the thread looks long.
Just one of the common misconceptions around here, that you have to either know it all or praise bitcoin incessantly in order to get merit while in fact all you have to do is to be genuine and ask the right question and you will have no issues ranking up.
Then again, for some that is mission impossible as they only see bitcointalk as a milking cow and have no real interest in bitcoin and everything that it stands for and it shows.

 

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February 07, 2024, 09:39:43 PM
 #64

If you are asking if you should invest your savings in bitcoin or not, the majority of people here will tell you to invest them in bitcoin, but I won't just join others in saying that without a proper practical understanding of how those savings are planned to be used.
 
Are those savings not what you are supposed to use to finance your school expenses if any unforeseen needs arise? If they are meant for your school bills, then I will say it's a bad idea to invest them in bitcoin.
 
Bitcoin is a volatile asset, and you can't predict where the price will be when you want to make use of it. Don't use it because your friends have made a profit from it, and dive into it because your money might not be ready when you need it.
 
But if the money you have saved over the past is not for your school bills and you are sure you won't need them anytime soon, then it's better for you to invest it in bitcoin than leave it in your bank account, where only a little interest will be added to it, yet inflation will hit it all hard.

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February 07, 2024, 10:07:07 PM
 #65

Well, you have answered your question yourself, OP, in the picture you attached. From 2019 until this year, you should have gained sufficient experience, information, and great certainty about Bitcoin and its investment, so the question that you asked came too late.

You're the one who determines the investment decision yourself after managing the risks and calculating your personal expenses in your life from your total salary and other expenses that you may be required to pay for your studies. Then, you determine the amount that you can risk from your savings for investment. Putting a portion that you can afford to lose from your savings in Bitcoin is a good decision, just like what the new friends in university did when they discussed together and did this. This is better than leaving your savings idle without benefiting from them in the future.

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February 07, 2024, 10:57:52 PM
 #66

Some times, these magicians forget that they’ve got several audience and after having performed several tricks under their sleeves, the audience gets to deduct a few.
It’s obvious this user forgets his own past performance and here is the user yet again, trying to fool the forum. It doesn’t just tell tales of your intent @OP, it also speaks of your person.

I can’t blame them for forgetting themselves, when you tell one lie after another you tend to forget what is the real truth. The goal is to earn merits and when they do get it, they forget about that thread and move on to another. OP is a good example of accounts that cook up stories about their challenges and successes in bitcoin in order to gain attention from forum members. It is foolish to fish for merits at the expense of your reputation.

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February 07, 2024, 11:49:07 PM
 #67

If you want to invest in Bitcoin then definitely invest. Now is the best time to invest in Bitcoin, Bitcoin halving will start in a few days in the future. So Bitcoin price is likely to reach its highest level in the year after this halving. Because every halving is a record breaking Bitcoin bull run in the following year, now is a good time to invest in Bitcoin.

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February 08, 2024, 01:48:05 AM
 #68

Should I invest my savings in Bitcoin?

It is not a question if I should invest but the question is "if you really want to take risks"?
A lot of people have heard about Bitcoin from their friends and they invest because they saw their friends earning money from it but guess what, not all of them become successful, some of them suffered disappointments.

I would say OP that you have to deeply think about it --it is profitable indeed but the risk is also high. If you think this investment is good for you, then start it without a doubt. It only needs trust and patience, everything will be fine and profitable in the long run.

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February 08, 2024, 03:56:38 AM
 #69

Are those savings not what you are supposed to use to finance your school expenses if any unforeseen needs arise? If they are meant for your school bills, then I will say it's a bad idea to invest them in bitcoin.
I don't sure many student have supported with good financial for investing in bitcoin, but difference cases for the students who has their parent with good financial and earn much money every day for their pocket money spend few percent left for investing in bitcoin. If less financial seems difficult how to manage well money for paying school bills, spending for buying book and much money have to spent for some thing unpredictable in the school.

As long as you are able to cope with your life then it does not matter if you eventually want to move your savings to bitcoin because it is still a pretty good situation in the end.But on the other hand in this case we also have to know about risk management and we must realize that the current life that is lived must be prioritized for the long term so think about what you think is best in this case.
Actually not bad ideas investing in bitcoin during have stable financial condition, but for student jus depend their income from their parent its little difficult how to manage saving money for bitcoin and their needed in the school. Many thing have been priority firstly than have to use saving money for investing in bitcoin exactly for student not had side job to make easy for spending their money to buy bitcoin.
I know bitcoin when my position had in college but get difficult financial not easy to purchase for investing in bitcoin and started reinvesting last several years ago.

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February 08, 2024, 04:25:50 AM
 #70

If truly you have not purchase Bitcoin yet and you have the money to purchase if you get a good advice from people on this trend, I will advice you to go ahead and purchase Bitcoin in the bearish season and you will not regret with the risk, because those that took this risk before in the past make a huge amount of income from their risk. You can do more research to know more about Bitcoin, because there are some things you will apply in some seasons for you to be able to purchase Bitcoin to your satisfaction because if you purchase Bitcoin in the season of bullish it will not help you to make a reasonable income in the future. As a student, invest what you can afford to lose which is a good advice you must embrace before investing that money you are saving to be part of the beneficiary of Bitcoin which you have seen or heard those that benefited from the asset in the past.

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February 08, 2024, 02:52:20 PM
 #71

After reading all four pages, the thought arises that the answers were divided into two parts. Some perfectly see how insincere the author of the topic is, why the topic was created, and what the OP wants.
But all those others furiously write truisms, repeated from topic to topic, without at all reading the posts of people who say that he doesn’t need any advice. He has a different goal.
How do these posters differ from the OP? Everyone has only one task; I see that some are either deaf or blind. Grin

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February 08, 2024, 03:26:33 PM
 #72

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
If you haven't invested in Bitcoin or stayed away from Bitcoin after getting news of Bitcoin in 2019, this was definitely an opportunity for you but you didn't utilise. One thing we hear is that successful people never think about the past. They try to utilise the present and make the future better. Even if it takes some time for you to get hooked on Bitcoin, you are ahead of those who don't know about Bitcoin yet. A positive aspect here is that you will be more interested in learning about Bitcoin when you are attracted to Bitcoin on your own. An investor is successful when he is able to turn his investment into an asset. Maybe a student or general people who can collect more bitcoins will have more chances to win. In that case if an investor is able to hold his investment from the student life then he will definitely own a large amount of wealth after a long period of time.

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February 08, 2024, 03:28:02 PM
 #73

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
The way you write your story sounds like you are not new to bitcoin investing. and you are not new to this forum either. such stories are often given merit and you know them. I can guess that you made up such a story to get fucking merit.

You say that you learned about Bitcoin in 2019 from your friends. How did you wait for 4-5 years after knowing about Bitcoin now in 2024?  And now asking for advice on whether you should invest in Bitcoin or not. Really funny stuff  Cheesy

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February 08, 2024, 03:35:42 PM
 #74

As long as the savings are not used for other needs, you can invest in Bitcoin as long as you want. The ease and advantages of investing in Bitcoin have changed the point of view of retail investors, they prefer to invest in Bitcoin because of its enormous potential. Today's decision will bring changes to your life in the future, lucky you are familiar with the Bitcointalk forum which always provides the latest information about Bitcoin every day. You can get investment advice here and turn all the twists and turns of doubt into confidence to make a decision immediately, if you can do it now, don't put it off until tomorrow.

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February 08, 2024, 04:39:34 PM
 #75

He first learned about investing in Bitcoin through word of mouth in 2019 from his friends and the OP mentioned it himself. He wants to be reborn in this forum and his post quality is completely different from past goals. He knows how to tell funny stories and likes to stay behind the scenes making fools of others. Huh
So no doubt if the OP genuinely wants to invest in Bitcoin, you can no doubt invest based on your story and others' advice.

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February 08, 2024, 04:58:30 PM
Merited by fillippone (1)
 #76

After reading all four pages, the thought arises that the answers were divided into two parts. Some perfectly see how insincere the author of the topic is, why the topic was created, and what the OP wants.
But all those others furiously write truisms, repeated from topic to topic, without at all reading the posts of people who say that he doesn’t need any advice. He has a different goal.
How do these posters differ from the OP? Everyone has only one task; I see that some are either deaf or blind. Grin
I think you forgot to add the ignorant part because I feel some read it but choose not to relate the flaws that is painted plainly and choose to go the other way round. I have seen this on lots of post replies and believe it's also infective because at the time you have come across this countless times it feel you are the one whose actually going off from every other person that replied on the post, but I try my best to see to it that I don't get infected by the virus.

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February 08, 2024, 05:01:07 PM
 #77

According to one of your earlier posts you already invested in bitcoin in the past but then had to sell it so I am not sure why you are talking like you never bought bitcoin before and know nothing about it. An obvious answer is merit fishing but I am curious to hear your answer.  Wink

I just remembered this famous words now "always speak the truth so that you don't need to remember what you said". Truth will always be truth and the same no matter how long but when you lied, you will some time forget the old lies and thereby contradicting yourself in your new lies. This is why you need to have a retentive memory as a liar in order not to be contradicting yourself. Op doesn't have that quality yet and must learn how to be telling a convincing lie without being caught. At this point now, we don't know which one to believe in now and advice him appropriately.

From the revelation so far, your words contradict each other and I doubt if you truly need or deserve to be advised. The only thing I can tell you is to invest wisely with what you can afford to lose.

R


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February 08, 2024, 05:10:53 PM
 #78

According to one of your earlier posts you already invested in bitcoin in the past but then had to sell it so I am not sure why you are talking like you never bought bitcoin before and know nothing about it. An obvious answer is merit fishing but I am curious to hear your answer.  Wink

I just remembered this famous words now "always speak the truth so that you don't need to remember what you said". Truth will always be truth and the same no matter how long but when you lied, you will some time forget the old lies and thereby contradicting yourself in your new lies. This is why you need to have a retentive memory as a liar in order not to be contradicting yourself. Op doesn't have that quality yet and must learn how to be telling a convincing lie without being caught. At this point now, we don't know which one to believe in now and advice him appropriately.

From the revelation so far, your words contradict each other and I doubt if you truly need or deserve to be advised. The only thing I can tell you is to invest wisely with what you can afford to lose.
Grin Grin Grin honestly speaking I can't stop laughing, "always speak the truth so that you don't need to remember what you said". This particular quote got my attention because from thr very first day i set my eyes on this topic I didn't reply to it because I fint really know what to say.
However, there are some that lied to fetch out merits and successfully get them but along the lines they end up being caught like a fish in the net that have no where to run to.
Moreover it's good never to lie just to gain something but there are people who can't do without telling lies.

R


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February 08, 2024, 05:34:51 PM
 #79

As long as you are able to cope with your life then it does not matter if you eventually want to move your savings to bitcoin because it is still a pretty good situation in the end.But on the other hand in this case we also have to know about risk management and we must realize that the current life that is lived must be prioritized for the long term so think about what you think is best in this case.
Actually not bad ideas investing in bitcoin during have stable financial condition, but for student jus depend their income from their parent its little difficult how to manage saving money for bitcoin and their needed in the school. Many thing have been priority firstly than have to use saving money for investing in bitcoin exactly for student not had side job to make easy for spending their money to buy bitcoin.
I know bitcoin when my position had in college but get difficult financial not easy to purchase for investing in bitcoin and started reinvesting last several years ago.
This is where good financial management must be emphasized because no matter what for a student it will definitely be very difficult because the focus is only on studying and income only relies on parents for the monthly money they have so in this case it is important for OP to know that he must do a really mature calculation to be able to do that.

This can still be done but with a note that OP will definitely be a little hassle in managing finances if indeed he does not know exactly the needs he has to prepare in studying as well as other needs with the investment made but if in the end OP is able to set aside the money he has I think it will be very good because in the end things like this must be based on the belief that we can do it and we must emphasize that every week or every month we can buy bitcoin to be used as an investment regardless of the amount it doesn't matter in my opinion the most important thing is the strong desire first that must be emphasized.

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February 08, 2024, 06:07:17 PM
 #80

According to one of your earlier posts you already invested in bitcoin in the past but then had to sell it so I am not sure why you are talking like you never bought bitcoin before and know nothing about it. An obvious answer is merit fishing but I am curious to hear your answer.  Wink


At that time I was in college and knew about Bitcoin since that time I saved my college stipend money and invested it in Bitcoin and gradually saved fractions of good Bitcoins there. When I collected and invested my stipend, Bitcoin was at a much lower value, and I made a lot of profit at this point. I might have made more profit if I had held it longer, but I bought the thing by selling bitcoins for one of my essential tasks
I am sure that OP is not telling lies about him being a student, but he is just not truthful about this post, and since you have been able to hold him by what he posted before @rikaflip it shows that OP is not even well aware of this forum, that every user has a personal profile where there is a history of all the posts they have made. OP seems stuck to me on ideas on how to create a good topic, so he is just leveraging on his position as a student to get pitiful merits.

Investment in bitcoins is not age restricted, and at any level where you can really understand what bitcoins is, and how it can benefit you if you invest and keep it safe, then you are okay to invest even if you are a student or not.

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February 08, 2024, 06:19:40 PM
 #81

I am sure that OP is not telling lies about him being a student, but he is just not truthful about this post, and since you have been able to hold him by what he posted before @rikaflip it shows that OP is not even well aware of this forum, that every user has a personal profile where there is a history of all the posts they have made. OP seems stuck to me on ideas on how to create a good topic, so he is just leveraging on his position as a student to get pitiful merits.

Investment in bitcoins is not age restricted, and at any level where you can really understand what bitcoins is, and how it can benefit you if you invest and keep it safe, then you are okay to invest even if you are a student or not.
It seems that he didn't realize the previous essay can also be seen Cheesy But regardless of whether the two posts are lies or not i don't really care about it because it is his own business, it's just unfortunate that things like this always happen.

But there is an important point that you made here and i partly agree with what you said in the matter of investment because for this investment it does not matter gender or age as long as there is a will in it then it can be done.
But on the other hand there are definitely some things that need to be considered even though age is not a barrier, there are still some situations that are not possible to do such as for children who are not yet mature so that investments made must be considered by adults in this case parents because after all this is an important situation when indeed someone who is still at school age allows them to do some conditions where the risks are not realized because they are still immature so even though they can invest but it must be accompanied by supervision from parents.

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February 08, 2024, 07:41:33 PM
 #82

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

From your story, you sound like you are not financially stable but you have focus and future and you have ambition to invest in bitcoin but the way you are seeing Bitcoin in 2019 is not the way it is today. Back in 2019, we had the opportunity to see bitcoin below $10k but today, the price is 4 times the that price and if you want to use your money to buy bitcoin, you have to wait for the price to 2x before you can make profit from bitcoin, I'm not sure if you have the courage to wait for that to happen.

My second concern is that savings. Don't use your savings to buy bitcoin because emergency situation might come later when you will need money and you will be tempted to sell your bitcoin and most likely, if you are not lucky it will be sold at loss which means you didn't achieve anything and you also wasted your time and emotion watching the price. Look for money you might not need back quickly, the you can invest in bitcoin.

R


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February 08, 2024, 08:01:50 PM
 #83

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?


Firstly, you need to understand that it's never late to invest in Bitcoin. Best time to invest in Bitcoin is now. No matter when, it's time to invest in Bitcoin at any given moment in time. So yeah, you definitely should invest your savings in Bitcoin ASAP. 

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February 08, 2024, 09:44:27 PM
 #84

According to one of your earlier posts you already invested in bitcoin in the past but then had to sell it so I am not sure why you are talking like you never bought bitcoin before and know nothing about it. An obvious answer is merit fishing but I am curious to hear your answer.  Wink


At that time I was in college and knew about Bitcoin since that time I saved my college stipend money and invested it in Bitcoin and gradually saved fractions of good Bitcoins there. When I collected and invested my stipend, Bitcoin was at a much lower value, and I made a lot of profit at this point. I might have made more profit if I had held it longer, but I bought the thing by selling bitcoins for one of my essential tasks
I am sure that OP is not telling lies about him being a student, but he is just not truthful about this post, and since you have been able to hold him by what he posted before @rikaflip it shows that OP is not even well aware of this forum, that every user has a personal profile where there is a history of all the posts they have made. OP seems stuck to me on ideas on how to create a good topic, so he is just leveraging on his position as a student to get pitiful merits.

Investment in bitcoins is not age restricted, and at any level where you can really understand what bitcoins is, and how it can benefit you if you invest and keep it safe, then you are okay to invest even if you are a student or not.
Make up story is very common in forum, in order to produce a topic, and if this true then this story or topic is a made up story but lets aside the story, this thing could truly happens, many investors or people are very hesitant in investing in bitcoin or any cryptocurrency nust because they are afraid that its already too late but it never was, especially in bitcoin, yoy just need to find the better position to brought bitcoin especially if you will do holding, but for a trader of course it will require a lot of technical analysis and indicators, in short for new investors dont be afraid to initiate if you know what you are doing then there's nothing wrong with investing and taking the risk. Risk is the next challenge here; if you can't overcome it and you can't take it, then you will not survive your bitcoin investment.

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February 08, 2024, 09:49:52 PM
 #85

First of all, I hope you understand what volatility means before you put all your savings in Bitcoin. If you don’t, you should look it up and understand how Bitcoin works. Secondly, you will not make quick money from Bitcoin (just in case you thought it would). Thirdly, there’s more to Bitcoin than the investment. I like to think that the profit is just a coincidence as that isn’t why Bitcoin was created.



 

 

 

 

 

 


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February 08, 2024, 10:06:18 PM
 #86

After reading all four pages, the thought arises that the answers were divided into two parts. Some perfectly see how insincere the author of the topic is, why the topic was created, and what the OP wants.
But all those others furiously write truisms, repeated from topic to topic, without at all reading the posts of people who say that he doesn’t need any advice. He has a different goal.
Most users don't care about that - they're just interested in the title and give advise to OP as best they can without reading what he wrote. Of course I've reported the post to the moderators - but unfortunately, most users don't have a good reading culture.

How do these posters differ from the OP? Everyone has only one task; I see that some are either deaf or blind. Grin
LOL - something predictable.

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February 08, 2024, 10:10:15 PM
 #87

From the revelation so far, your words contradict each other and I doubt if you truly need or deserve to be advised. The only thing I can tell you is to invest wisely with what you can afford to lose.
Yeah, based on the replies of other members. He had been into Bitcoin more than the time that this thread and his story has been telling us. There's more to it and this is no longer needed for him to get some of the advise or he just want to take attention of everybody.
If he's already into it and truly like to invest, he'd no need to get any affirmation and confirmation from any person and he'd just invest into Bitcoin whether it's from his savings, from his side hustle salary or any money that comes from him. As a student, he's got a lot to sacrifice for that if it's what he needs.

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February 08, 2024, 11:19:23 PM
 #88

Should I invest my savings in Bitcoin?
You can, it's advisable because your savings won't go anywhere but just make sure you not spend all of your savings to investment just in case something bad would happen in the future. Even better if you have additional income to support your investment just like you said that you are a part time teacher, so I would say make a X% amount of your salary for your Bitcoin would be okay to do. You may need to think about this.

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February 09, 2024, 02:53:02 AM
 #89

this is a good thing for you. I think this could be the start of your future investment journey. However, it's okay to use your savings to invest in bitcoin, but I recommend keeping a few percent of your income saved. This will be very useful when you need emergency funds so you don't have to sell your bitcoins or investments. Investment is a good thing, but we also need savings for things we don't expect in the future.

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February 09, 2024, 08:26:37 AM
 #90

You can definitely invest but before that you need to be prepared, as the Bitcoin market is uncertain, the price of Bitcoin can go down at any time and go up a lot any time, this is a risk, that the price will up and down, when you ready to take this risk, then you can invest in Bitcoin. when unfortunately the price go very down, you should not panic anyway and don't stop your holding, only then you can profit. If you are not ready to bear this risk, then it is better to hold off on your Bitcoin investment, and if you are ready, you can invest and always remember, the investment must be for the long term.

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February 09, 2024, 11:24:14 AM
 #91

Should I invest my savings in Bitcoin?
Yes if it is extra money but if not then no. We all know that Bitcoin investment has risks so if you need that money during dip or bear market I think you will be forced to sell it and surely it will hurt your investment and capital. Just make sure you are ready to play for the game of volatility, much better if you make it long term so it won't stress you out.
Investing is a bit risky for those who are new to investing. But those who invest in bitcoin can invest without any risk. If you invest in bitcoin days, you will have to invest for a long time. If you lose bitcoins, there is very little chance of losing money because bitcoin is trusted and safe.  .If we invest in any other coin instead of Bitcoin, it can be risky so we have to think before investing.


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February 09, 2024, 12:04:51 PM
 #92

According to one of your earlier posts you already invested in bitcoin in the past but then had to sell it so I am not sure why you are talking like you never bought bitcoin before and know nothing about it. An obvious answer is merit fishing but I am curious to hear your answer.  Wink

This is one thing about cooking up stories. Most times, the author forgets about what they said before and is too lazy to study the old thread in order to keep the stories in place. Instead, they come up with a new one every now and then, forgetting there could be members who are concerned and could trace and get their things all out and together.
This is just simple as most people tell lies and forgetting about their previous post, why tell lies when lacking a retentive memory. The op investing in bitcoin has nothing to do with forum members so I don't get why he/she will cook up unwanted stories.
Seeing the reply of other forum members shows the story is not valued. If this story is so honest then I will advice the op to ask questions or rather read before creating such topics

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February 09, 2024, 01:13:19 PM
 #93

this is a good thing for you. I think this could be the start of your future investment journey. However, it's okay to use your savings to invest in bitcoin, but I recommend keeping a few percent of your income saved. This will be very useful when you need emergency funds so you don't have to sell your bitcoins or investments. Investment is a good thing, but we also need savings for things we don't expect in the future.
That's the most important thing, not all of the savings we have have to be invested, especially investing in Bitcoin allows us to face all situations quickly so that we will have difficulty when we face an emergency later, most likely we will experience losses.
Investing at an early age will be quite profitable in the future, regardless of what we will get, whether profits or losses, but the valuable lessons we will get from the journey we have gone through in investing, experience will be very valuable knowledge.
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February 09, 2024, 01:19:49 PM
 #94

About your savings. Think of them as your safety net, like a comfy mattress for your financial well-being. Don't go throwing them all into Bitcoin, just in case life throws you a curveball. Instead, use some spare cash you can afford to lose, like a portion of your paycheck or some extra dough you find lying around.

Remember, Bitcoin ain't a guaranteed money-making machine. It's more like a gamble with some serious potential rewards. So, do your research, understand the risks, and don't listen to anyone promising you the moon.

Ultimately, the choice is yours. Just make sure you're doing it responsibly and with a clear head. And hey, if you do decide to take the plunge, best of luck on your Bitcoin adventure!

SUGAR
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February 09, 2024, 02:30:02 PM
 #95

This is a very interesting story and honestly, if you are interested in investing in Bitcoin, of course that is a good thing, of course investing in Bitcoin will certainly open up good opportunities for your future, but of course before investing in BTC, you can research first about the risks of investing in Bitcoin. And of course you have to be prepared for the risks posed by Bitcoin.

When your friend benefits from investing in BTC, of ​​course it's because he already knows the knowledge about BTC investment. Op, in my opinion, if money is worth putting into BTC, it is money that is ready to be lost, so if you invest the money you save and invest it in BTC, of ​​course you have to be prepared to lose yourmoney because the price of BTC is always fluctuating. So before investing in BTC you have to think first about the risks BTC poses.

Having an interest in investing in BTC is certainly a good thing, so you can read the replies from members of this forum well and wisely.

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February 09, 2024, 02:39:15 PM
 #96

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
This will be the best step for you because you already feel interested in investing in Bitcoin, even though you have known about cryptocurrency since 2019, you didn't jump in straight away because you didn't understand how it works
But now you are interested again in being able to experience investing in it.  Of course, you have studied and looked for more in-depth information about crypto and can understand all the risks.  You've got the basic knowledge, what are you waiting for?  Now is the perfect opportunity to get started

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Natalim
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February 09, 2024, 02:45:39 PM
 #97

This is not the priority of a student but it never means we should not and decline the opportunity we see. If we have extra money, why we should not? Besides, investing in Bitcoin does not need huge capital, even $50 is enough to start which is why it won't limit or stop a student or anyone who only has $50 in their pocket. As long as we have an idea of what to do and the needed wallet where to store our BTC, it all be okay. Of course, the amount is not big enough to expect a huge profit but continue doing this for a few months, it becomes big. The most important is that we never miss the opportunity.

Having an interest in investing in BTC is certainly a good thing,
Unless we know and understand what this is all about.

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February 09, 2024, 04:38:37 PM
 #98

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

Deposit money and invest? You need to ask yourself about how one can invest in Bitcoin not just investing. For us to put money into the crypto market, it is good for us to under the market and how to invest in a way that we are not going to lose our funds to the market. The market is huge and the only way we can make money from the market is by strategizing and utilizing different skills that will enable one to make money. You can either decide to be a crypto trade or investor for you to make money from the market. The market is volatile and if we don't study the market it analyze it, we might be surprised to lose everything.

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Dzwaafu11
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February 09, 2024, 05:17:58 PM
Last edit: February 10, 2024, 09:18:03 AM by Dzwaafu11
 #99

I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

At this point, I think you are still battling with your studies and how you will be able to meet some of your needs, which means I won't advise you to go ahead with your investment plan since you heard your friends discussing it. I think you should look for more knowledge about bitcoin investment from those friends that have made it from the investment so you won't jump into it.

However, don't forget to ask for the risk that is attached to the investment so you won't blame anyone at the end. And again, if you want to invest the amount you can afford to lose or the money you will not need in the next year, furthermore, I will advise you to not use all your savings for bitcoin investment, so you come and be running up and down looking for financial assistance or selling your bitcoin when it is yet to be the right time to sell, which will make you lose.

R


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February 09, 2024, 05:18:30 PM
 #100


If the OP has been here since April 2023 and still doesnt at least know the basics of
how Bitcoin works and investing in Bitcoin, its a lost cause. How does the OP not
realise that his threads from previous are conflicting?
Apparently, OP knows pretty much everything or at least he knows how to invest in bitcoin. as you can see in posts by other friends they already pointed out at that, that OP has already posted about his bitcoin investment in fast.
I too agree with those users that this post wase done for merit farmning and nothing else. otherwise someone who is also a teacher would easily figure something like that out or at least give google search a try first before asking here.

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February 09, 2024, 05:26:41 PM
 #101

First of all, I hope you understand what volatility means before you put all your savings in Bitcoin. If you don’t, you should look it up and understand how Bitcoin works. Secondly, you will not make quick money from Bitcoin (just in case you thought it would). Thirdly, there’s more to Bitcoin than the investment. I like to think that the profit is just a coincidence as that isn’t why Bitcoin was created.
Those who will try to invest in Bitcoin must of course understand well how Bitcoin works and also the volatility of the market so as not to panic when after they buy it and the price decreases, if we assume that by investing in Bitcoin then we will be able to make profits quickly, of course this is an understanding. wrong about investing so that we will make many mistakes after investing which results in losing the assets we have in investing in Bitcoin.
If they can understand how Bitcoin works correctly then they can invest in Bitcoin and continue to learn so that they don't miss every opportunity they get in investing in Bitcoin.
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February 09, 2024, 05:51:23 PM
 #102

<snip> I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
How to invest in Bitcoin is not difficult in theory. Buy and transfer directly from the exchange to be stored in a trusted wallet such as a hardware wallet.

Bitcoin was created with innovation aimed at making it easier for people to carry out transactions with a transparent system. There is no need for a third party in every transaction process and no party can control Bitcoin.
Because you are full of awareness, you are also expected to not be forced to invest in Bitcoin.
The reality is now very widespread and many people want to adopt Bitcoin because it can be a solution to the uncertainty of the global financial system.

Many institutions are now interested in investing in Bitcoin. Among people whose economic background is above, they are also very interested in continuing to try to own Bitcoin.
If you ask me, I would say don't sit around doing nothing when other people are very active in wanting to own Bitcoin.

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February 10, 2024, 06:09:31 AM
 #103

One thing is very surprising to me. New topics are created, and new accounts are asked to learn about good quality. The way they post their new status makes me wonder if they are new or if the old ones are back. I have seen many new accounts come in and ask critical questions that merit merit. Here is my question: are they new? One thing is very surprising to me.  New topics are created, and new accounts are asked to learn about good quality. The way they post their new status makes me wonder if they are new or if the old ones are back. I have seen many new accounts come in and ask critical questions that merit merit. Here is my question are they new?


Should I invest my savings in Bitcoin?

OK, since you are sincerely nervous, first of all, study them well and learn them. Analyse everything well, and then move forward slowly.  First, you don't go to invest, understand, and learn. Then comes investment.
But if you look at your previous posts, you can find a mistake. Once you say you bought it, you will buy it again. How did it happen?

Since you mentioned investment, let me try to help you with a good idea. Firstly, your decision to invest in BTC is a good idea.  When investing in BTC, you need to invest with a long-term mindset.  Good things are waiting for you if you have long-term ability.

Finally, don't post randomly, say something, and then come back and do it differently. Always proceed with good understanding; good things are waiting for you.
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February 10, 2024, 09:03:16 AM
 #104

Weigh the risks my friend, can you do hodling that could probably last for about 2 to 3 years without touching or using those bitcoins? Are you patient enough and have the nerves to see your investment go down to 50% in a blink of an eye? Are you prepared to sacrifice on things that you take for granted like food because you can't be spending on food and other stuff too much so your budget won't go over to the point that you're going to need to get your hands on your bitcoins to help you with your overspending? Honestly, you need to be talking to this with your parents because this investment thing is a serious business, you don't want to be panic selling your bitcoin that came from these savings you know because it's heartbreaking to lose that much money just because you can't handle the pressure of the volatile bitcoin market.



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Rainbot
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February 10, 2024, 09:56:34 AM
Merited by cryptoWODL (2)
 #105

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
It's great to hear the story of a small part of your life but if you had spent some time on Bitcoin from the beginning ie when you first heard about Bitcoin you would be in a lot more profit now and you would have a lot of knowledge about Bitcoin. Anyway now you want to learn about bitcoin and invest in bitcoin will definitely be more perfect for you and you can definitely manage your university expenses and your own expenses besides your education by investing here. But I will give you a suggestion which is very important and should be followed. As you plan to invest, you must be aware of the investment prerequisites and risks before investing. Investing in Bitcoin is as profitable as it is risky. Without prior experience, of course, it is not possible to expect good results from investing in Bitcoin.

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February 10, 2024, 12:33:49 PM
 #106

Bitcoin is exciting but not a cure-all. I urge caution in this unpredictable market, having witnessed its ups and downs.

Be educated first. The crypto world is complex; blockchain technology, market patterns, and Bitcoin's history are essential. This knowledge is strength and a defence against losses. Remember that investing without knowledge is like sailing without a compass in a hurricane.

Diversify your savings investments. No one basket should hold all your eggs. Bitcoin may be part of your investing portfolio, but not all. Think long-term and ignore short-term changes. Most essential, invest only what you can lose. Its about smart, educated, and responsible investment, not simply profit.

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February 10, 2024, 02:38:32 PM
 #107

Not actually bad for a student to do this but should be made wisely. I believe he is able to see the potential value of Bitcoin in the future and gain interest from it but he must know the risk that he face. However, everything can be learned and can be managed as long as we want.

May investing is not his priority but making an investment from our extra money is undeniably a great decision. Despite his age and being a student, I don't think it is impossible to manage his investment well. I consider that a great move and initiative from a student who thinks about the future rather than spending his money on useless stuff.

R


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February 10, 2024, 03:59:56 PM
 #108

Anyone can invest Bitcoin as long us they have enough Money to invest with. Teacher, students, mommies all of us if we have knowledge about Bitcoin then we can invest  with our exist money. Cause someday it will help us to make bigger profit. Like what other investors did when the price will down then they will buy more Bitcoins and then after a year they made a profits. So in short in the real world all of us had the right to invest bust we must have knowledge first in order to prevent such loss in the future.

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February 10, 2024, 09:28:27 PM
 #109

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
I mean, you are asking in a forum full of bitcoin enthusiasts whether you should invest in bitcoin or not, what type of answer do you expect? Grin The thing you need to focus on is not investing money that you actually need in order to continue your studies, so besides working you can also cut your monthly expenses, probably there are many little things that at the end of the month can make a good different in terms of saved money. I'm talking about coffees, drinks, eating out too often, buying unnecessary clothes, etc etc.

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SatoPrincess
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February 10, 2024, 09:49:00 PM
 #110

After reading all four pages, the thought arises that the answers were divided into two parts. Some perfectly see how insincere the author of the topic is, why the topic was created, and what the OP wants.
But all those others furiously write truisms, repeated from topic to topic, without at all reading the posts of people who say that he doesn’t need any advice. He has a different goal.
How do these posters differ from the OP? Everyone has only one task; I see that some are either deaf or blind. Grin
That’s because it’s more beneficial to dump their posts here to complete their weekly signature quota instead of seeing the OP for what it actually is. I didn’t expect this thread would make it past two pages seeing how quickly Rikafip caught the OP’s lies. The evidence is staring everyone in the face on the first page but who cares. It seems to me that a lot of people do not read the replies of others before making their own posts.

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February 10, 2024, 10:59:20 PM
 #111

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
...

You are lucky to know about bitcoin when you are still young, so you can collect a little money to buy bitcoin, but the most important thing in investing in bitcoin is never force yourself to use your only money, also think about how you spend each day, because if you run out of money then you can be sure you will only sell the bitcoin you have if you don't have any other money.
I suggest you use the DCA concept to accumulate the bitcoins you have, you can buy them regularly, and set your target price, so you can more freely manage your finances.



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February 10, 2024, 11:18:17 PM
 #112

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

Personally I think we're past a period in time when we're so precautious about telling people how to invest in bitcoin. And while there are still risks, I think as long as the person doesn't sell their position even on crashes they'd have a fairly high amount of chance to recover and even profit as time passes by. Then again that's just me thinking about it, but here are some things that you would have to really take into consideration OP should you follow through with your interest in bitcoin.

1. Bitcoin is a multi-faceted industry with ties not only to the investment world and profiting, some people (like me) even assume it to be the home of the future of internet and data storage technology, providing us with a future of infinite possibilities within these facets with the added benefit of still earning money in the process. Would you be in that ride or would you really just stick with good ol' fashioned crypto buying?

2. What type of investor do you think you are or would be? The thing is bitcoin's volatile, but it is cyclical, meaning its propensity to increase and decrease in value is literally not up to our hands, but since it's been in the market for so long, you get the added benefit of financial security that allows you to have the piece of mind of not losing the value of your investment, provided that you don't touch your crypto for a long-ass time, are you comfortable of doing that?

Answer these questions for yourself first, and then once you've made up your mind then either go for bitcoin, or don't go for it at all. We've already had a lot of people in here blaming bitcoin for their lack of awareness about how the market works. Bitcoin's profitable but only for those who are willing to stand up with it.

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February 11, 2024, 05:05:46 AM
 #113

The investment of BTC is depend of your mentality as you a job holder,businessman or a student. Students are busy of their study and he as wish saving money is possible. Before the investment of BTC they have to some knowledge about it and taken some important idea for saving. Students should have some of the work beside of study.

Freelancing is the best way to save money for Student and invest of BTC. If they start than when he goes to university will have a in-dependable person.
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February 11, 2024, 05:33:36 AM
 #114

Everyone has a different story behind getting involved in investing which is really exciting. Hearing such stories about investors investing increases interest in investing. At an age when boys and girls have no source of income but have to rely on money from the family, some boys and girls are planning to invest and many are investing. When the investor has a different love for investment and has a lot of interest in investment then those investors invest so hard. But if an investor starts investing in student life then he will gain enough experience about investing at a stage of age and that experience will help him a lot in later investments. 

You have invested in bitcoins relatively late than your friends but at the time you have invested not many people know about investment so trust your investment and try to hold the investment as much as you can hope success will come to you one time.
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February 11, 2024, 06:26:44 AM
 #115

You are lucky to know about bitcoin when you are still young, so you can collect a little money to buy bitcoin, but the most important thing in investing in bitcoin is never force yourself to use your only money, also think about how you spend each day, because if you run out of money then you can be sure you will only sell the bitcoin you have if you don't have any other money.
I suggest you use the DCA concept to accumulate the bitcoins you have, you can buy them regularly, and set your target price, so you can more freely manage your finances.
Having investment knowledge and experience from a younger age is quite a fit that many, I mean many many of the populace did not happen to fall in that category. Having investment knowledge and successfully implementing it are a two different things in my opinion as the later has to do with series of hands-on and consistent testing in order to build the required market confidence and experience. BTW when you say OP is lucky to know about Bitcoin when he's still young, what age do you presume him to be?

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February 11, 2024, 12:26:59 PM
 #116

You are lucky to know about bitcoin when you are still young, so you can collect a little money to buy bitcoin, but the most important thing in investing in bitcoin is never force yourself to use your only money, also think about how you spend each day, because if you run out of money then you can be sure you will only sell the bitcoin you have if you don't have any other money.
I suggest you use the DCA concept to accumulate the bitcoins you have, you can buy them regularly, and set your target price, so you can more freely manage your finances.
Having investment knowledge and experience from a younger age is quite a fit that many, I mean many many of the populace did not happen to fall in that category. Having investment knowledge and successfully implementing it are a two different things in my opinion as the later has to do with series of hands-on and consistent testing in order to build the required market confidence and experience. BTW when you say OP is lucky to know about Bitcoin when he's still young, what age do you presume him to be?
According to the OP, he began attending college in 2022, which implies that he might currently be in his third year of studies. As a student, if you happen to have knowledge of investment or how to begin investing, you are fortunate. This is because you have started on a path that many of us here may have missed out on, particularly when it comes to investing in Bitcoin.

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February 11, 2024, 01:31:56 PM
 #117

Should I invest my savings in Bitcoin?

I assume this is your main concern, will it be safe to invest most (or all) of your saving into Bitcoin. You said that you are still a university student, so I assume don't have wife and kids, and other responsibility, so investing all of your saving won't be a problem, you are the only people who depends on your money, so you don't need other peoples permission and all of the risk, profit or loss will only affect you. Moreover if you are still supported financially by your parents, you will still have some money from your parents if you invesed your saving into Bitcoin.

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February 11, 2024, 01:52:20 PM
 #118

No matter how knowledgeable a student or teacher is, he must gather some general knowledge about Bitcoin before investing in Bitcoin. There are some important pre-conditions that must be followed when investing in Bitcoin. Most of the time investing in bitcoin without following the fund budget as well as market overview to invest is risky. Practical knowledge is more important than theoretical knowledge when it comes to Bitcoin investment. For those who can use their prior experience in Bitcoin investing, the risk is much lower and the profit potential is much higher.

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Myleschetty
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February 11, 2024, 10:58:10 PM
 #119

Now having interest to invest in this bitcoin I want to invest here.
You can invest here cause this place is a Bitcoin forum which was created by Satoshi Nakamoto to serve as a means of community communication and discussion about BTC, blockchain and cryptocurrencies.

Should I invest my savings in Bitcoin?
I feel sad you asked this question after a lot of multi-trillion investment companies have filed for Bitcoin spot ETF and have already pumped Billions into the Bitcoin market. My question is. Do you think all these investment companies like BlackRock are crazy for putting Billions into BTC?
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February 12, 2024, 03:45:28 AM
 #120

When I was studying in school, I did not understand what digital currencies are in this crypto world.  When I started looking for them.  got into college because since then slowly I had an older brother working here to invest and.  Bitcoin regularly joins the signature.  After getting to know him, I came to this platform and then slowly learned a little bit from him and then slowly invested.  Not everyone learns everything and a little bit. I also learned a lot by coming here but I hope everyone benefited a lot from here but that's all.  Alhamdulillah, I have achieved almost as much success as I did without Invest.
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February 12, 2024, 04:54:19 AM
Merited by FinePoine0 (2)
 #121

Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
Why not, you must invest Bitcoin from your personal decision. Since you have a source of income besides your educational status. So you can definitely invest in Bitcoin, but invest only as much of your savings as you feel comfortable. I think now is the best time to invest in Bitcoin, you can start investing in Bitcoin from the current moment. You can adopt DCA method, deposit a part of your income in that case I think DCA method will be best for you. If you notice bitcoin halving in front. Make your investment consistently and patiently hold your bitcoins, hopefully you will get good profits in the future.

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February 12, 2024, 07:15:33 AM
 #122

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?


Yes why not? You really seem to be interested in bitcoins and it's a great way to learn more about the topic when you actually own some coins yourself. With a part time job you are getting a regular income and might be able to save some money every month. That would be perfect to invest that money into bitcoins, assuming that you don't need that money any time soon. Only use money for investing that you can afford to lose. If you need some money for your studies, for example to pay tuitions, than you shouldn't be using that money for crypto investing. Your education is more important than making a profit with bitcoins. So, if you have spare savings that you don't need start investing now and best follow the DCA method. Here you are making fixed purchases every month and don't have to worry about the current bitcoin price so much.
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February 12, 2024, 10:14:32 PM
 #123

Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
Should? You are free not to do so especially if you have doubts of it. You already said things; that there are people surrounding you who gained benefit from investing to Bitcoin and that instance caught your interest to do the same thing, right? Well there's nothing wrong with being curious of something and for wanting to earn more than what you have with your monthly salary, through investment but be sure to do your own research about it. You said you are a part time teacher and with that I assume that you know how to deal with things first before actually engaging into it. Same thing with whether should you put all of your savings into it. You are also supporting your own expenses, therefore going all out shouldn't be an option. If you really plan to invest then never be too greedy and invest only a portion of what you have so that if there are unwanted things to happen with the investment you chose, you wouldn't be in huge problem. Always manage the risk on everything that you will do.

No matter how good the potential is, for a investment, create your own margin with the risk involved. You are primarily asking questions why you should invest and that simply means you do not fully understand things yet. So what's the need to invest everything right from the start? Investments project profit over time but nothing is guaranteed. If you can afford losing everything of your savings, as a worse case scenario, then do put all of it.

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February 12, 2024, 11:59:21 PM
 #124

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

If you have experience with Bitcoin investing then you can invest in Bitcoin at your own risk. As you gain experience with Bitcoin, you will be able to secure it on your own. Thousands of unemployed young men and women have cleared their jobless life by working in Bitcoin. I think from my side, I have come out of a very deep state through Bitcoin. But I would suggest you to use DCA method to continue your investment as you don't have much money to invest at once so if you invest your monthly earnings using DCA method you will definitely get a lot of profit. Currently the market is 50 thousand dollar market will go higher soon so many investors are making a lot of profit at the moment who invested by buying bitcoin from low price.

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February 13, 2024, 02:09:42 AM
 #125

Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
Why not, you must invest Bitcoin from your personal decision. Since you have a source of income besides your educational status. So you can definitely invest in Bitcoin, but invest only as much of your savings as you feel comfortable. I think now is the best time to invest in Bitcoin, you can start investing in Bitcoin from the current moment. You can adopt DCA method, deposit a part of your income in that case I think DCA method will be best for you. If you notice bitcoin halving in front. Make your investment consistently and patiently hold your bitcoins, hopefully you will get good profits in the future.
That's right, when we decide to invest we have to make our own decisions and never decide to invest by following other people's advice even though we don't understand the investment well. If we have chosen to invest then we have to prepare capital that we won't disturb. until we can get the investment target so that we don't take the money we invested and we don't have a profit from the investment.

Using the DCA method will indeed be very profitable if we can buy it according to the date we set and can buy it consistently then we will be able to make a profit from the investment we have made.
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February 13, 2024, 04:16:23 AM
 #126


That's right, when we decide to invest we have to make our own decisions and never decide to invest by following other people's advice even though we don't understand the investment well. If we have chosen to invest then we have to prepare capital that we won't disturb. until we can get the investment target so that we don't take the money we invested and we don't have a profit from the investment.


Yes absolutely right, everyone has own strategy according to their Investment,risk and profit goal and it's not work for all. We should use our own strategy according to our money management. We can learn from others, read other strategies but it just for learning purpose and at the end we should make a top strategy which gives us maximum profit with low risk involved.

Using the DCA method will indeed be very profitable if we can buy it according to the date we set and can buy it consistently then we will be able to make a profit from the investment we have made.

Now adays some dex and Cex providing AI bot which could be used for DCA purpose and the best thing is that you will not missed the low buying chance, human mind could be changed but AI bot working on the data which we given.

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February 13, 2024, 08:41:14 AM
 #127

There are no restrictions in investing as this is for those who want. But it doesn't mean that if you see your friends or other people invested in this, you will also do the same. Let us also asses ourselves if we can take the risk and do the necessary things need before we invest. You have money but this is not all about capital as it also how knowledgeable you are think that this kind of investment suits you.

Well, I would say that investing is a good choice for you but as been said, make yourself ready to adopt the volatile nature of the market.
And to remind you not to be greedy.



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February 13, 2024, 03:02:23 PM
 #128

A student investing in bitcoin?
You should have learned about investing in 2019, when you first got to know Bitcoin, meaning you have matured yourself for 5 years now in everything related to Bitcoin, investment, trading and so on.

But it's not a problem if you continue to deepen your knowledge of investing in Bitcoin from your friends, you must first learn about the current developments in Bitcoin from various sources of information, I'm sure you will be successful in investing.
The old saying "best time to plant a tree is 20 years ago, second best time is now" could be also true here as well. We need to remember that bitcoin is something you are both very late to and also never late to. Sure you could have invested earlier and made a lot more money, but just because of that it doesn't mean that you can't invest now.

You could also invest now and make some money as well, would allow you to make a great return without a doubt. I do believe that one thing a student must remember however is the fact that you can't sell it without timing it right. So if you will need the money at certain date, don't invest into bitcoin, you need to let it be and see when it peaks without interrupting the investment process.

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February 13, 2024, 04:52:30 PM
 #129

Bitcoin has become a popular investment tool nowadays and everyone is thinking of investing their money in it. because it has so many advantages given the stabling and growth of Bitcoins price,some people believe that every investor should invest at least a small amount in Bitcoin. it also carries risk, but if properly understood and invested at the right time,it can yield good returns.
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February 13, 2024, 05:49:58 PM
 #130

There are no restrictions in investing as this is for those who want. But it doesn't mean that if you see your friends or other people invested in this, you will also do the same. Let us also asses ourselves if we can take the risk and do the necessary things need before we invest. You have money but this is not all about capital as it also how knowledgeable you are think that this kind of investment suits you.

Well, I would say that investing is a good choice for you but as been said, make yourself ready to adopt the volatile nature of the market.
And to remind you not to be greedy.
It is free for everyone to invest in if the person understands and another thing should be money again because you can not have interest and not have money to invest it does not make any sense, it will be more reasonable if consultation is taken seriously because one way or the other guard is need for any new person that is interested in investing in bitcoin so that you don't go to any platform and just waste money there and that is why a coach is needed, and if you have a coach you will even become better over time, but self-reliance is not that advisable.

Capital is also important but the knowledge will come after the capital has been secured, both capital and knowledge are important they work hand in hand because even with capital you can not succeed without knowledge, having a good coach you won't have an issue adopting with whatever bitcoin is coming with, you will have a better chance of settling whatever challenge.

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February 14, 2024, 01:17:54 PM
 #131

Well, I would say that investing is a good choice for you but as been said, make yourself ready to adopt the volatile nature of the market.
And to remind you not to be greedy.
As a student, he'll for sure going to feel the bad days and will be disappointed to see what's happening on the market. With that, it might make him think to quit.
But that's part of investing into Bitcoin and as everyone can see, Bitcoin goes $51k is an interesting choice and will make him see that he'd able to invest well throughout the time and even a good gift during his graduation.


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February 14, 2024, 01:19:04 PM
 #132

I'm going to ignore the posts of users saying that you have conflicting posts in your post history and stuff and respond to the questions you've asked and the situation you've put up here whether it's true or not.

First of all, it's a good thing if you have enthusiasm about Bitcoin and Bitcoin investments and that you are interested in it, and it's pleasing to know that the youth is going in the right path, somehow, since you mentioned that you've heard students discussing Bitcoin and Bitcoin investments.
However, since you said you work very hard for your studies and teaching job so that you can bear all your expenses yourself, which means that you are not earning more money than you need for your expenses. In this case, I wouldn't recommend that you make investments in Bitcoin or anything, you also asked whether you should invest your savings in Bitcoin or not, I wouldn't recommend doing that too unless you understand the risks involved.

One should only invest money that they know they aren't going to need anytime soon because there is no guaranteed timeframe for you to get profit from your investment in Bitcoin or any other cryptocurrency.

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February 14, 2024, 06:45:31 PM
 #133

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?


You've made the right choice, go ahead and invest in bitcoin, but don't invest all your savings, just in case you need the money for other reasons. You can invest your funds in bitcoin if you cannot rely on your bitcoin investment. Just be aware that bitcoin is not a quick way to become wealthy. A lot of people have the wrong idea about bitcoin because they heard about it from others who invest in it and make money from it. You should learn more about bitcoin because it carries a lot of risk. The best way to increase your profit on bitcoin investments is to purchase and hold for a long time. If prices drop, don't sell them right away because it will going to rise again, you cannot lose money on bitcoin investments. Do your research before making a purchase.

R


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February 14, 2024, 10:55:31 PM
 #134


One should only invest money that they know they aren't going to need anytime soon because there is no guaranteed timeframe for you to get profit from your investment in Bitcoin or any other cryptocurrency.

This is the one golden rule rathe that investors need to take into consideration when investing into bitcoin. This is definitely a secure means of investing, people tend to go in with bitcoin with all they have because people say it is secure and jut a pump and dump coin. Yes bitcoin is secure and it is almost like the best asset to invest in no doubt but the price changes which is fluctuating most at times is the biggest risk. Bitcoin over time had proven That the longer the hold the better it is for investors, it is in this note it is advisable to use an amount which you can afford to lose, using this amount actual gives the freedom to sit back and allow the market hit one’s profit point. If you use an amount you are not too sure with it will definitely lead to panic mostly in moments where the market is bearish and some people would even panickly sell off some they hold at loss or cheaper price which isn’t right

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February 15, 2024, 04:31:23 PM
 #135

This is appreciable that you are doing a job as well as you are also desire to complete your study. All those who are earning some money and  has responsibilities they must think about investment and saving so I think you choose a better way of investment in early age.

You can invest in bitcoin without worrying about losing money but first get knowledge because you cannot become successful even in bitcoin if you don't understand the mechanism behind its use. After learning you should use the method of DCA so it will be beneficial for you in order to get greater profit and less loss.



 

 

 

 

 

 


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February 15, 2024, 05:54:58 PM
 #136

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

Your image is motivating but you don't need it to be that large, you can reduce the size by including the width of the image by 200, skip the height it will adjust itself.

At tbe bolded part of your statement, you are working hard you say to fund your university studies and personal experiences, then I'm afraid to say that you are not financially strong to buy Bitcoin because you know what, you will sell that coin later in the future when you run into any financial problems later.

It's difficult to buy and hold Bitcoin if you are not financially stable, if you use your paycheck to buy Bitcoin, you didn't think of how to pay your university school fees, the textbook, the feeding bills, other unforeseen expenses you don't plan for in school such as assignment and group work. No way, you will only put yourself in a tight situation because you will hardly make much buying and holding Bitcoin for short period of time.

My little advice is this, focus on your studies and come out with good grades, by the time you are done school, you can continue your teaching job and be buying the amount of Bitcoin you can afford to buy and also be looking for more opportunities to increase your paycheck.

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February 15, 2024, 06:25:28 PM
 #137

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
OP, you have decided to invest the money you deposit at the end of the month in Bitcoin which is a good decision. Investing money is better than saving it. It will be very good for you as you will be investing at the end of every month which will be invested in DCA method. OP you should take care not to harm your studies. You continue to invest regularly, hopefully you will earn good profits.

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February 15, 2024, 07:15:57 PM
 #138

If you're ready to invest in bitcoin, you can do so without any issues. You don't even need to ask if you can invest your savings in bitcoin; the question is, for what purpose did you save the money? Is it not bitcoin that you wish to invest in, which requires you to save some money in order to make it happen? No one can advise you whether or not to invest in bitcoin; all that is required is guidance and assistance in understanding the platform. Once you have this understanding, you are free to make investments; the most crucial thing to understand about bitcoin is its risk.

Bitcoin is not the kind of thing you might be thinking about. You see, people are talking about it and claiming to have benefited from it. However, the way people are talking about it will encourage you to invest in it without doing much research. Sure, there are benefits let me say, a lot of benefits for those who invest in bitcoin, hold onto it for a while, and then wait for the right moment to sell it. However, there are also risks associated with it. These risks do not imply that you will be taken advantage of; rather, they indicate that you won't see the results you were hoping for.

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February 15, 2024, 09:31:13 PM
 #139

Should I invest my savings in Bitcoin?

I assume this is your main concern, will it be safe to invest most (or all) of your saving into Bitcoin. You said that you are still a university student, so I assume don't have wife and kids, and other responsibility, so investing all of your saving won't be a problem, you are the only people who depends on your money, so you don't need other peoples permission and all of the risk, profit or loss will only affect you. Moreover if you are still supported financially by your parents, you will still have some money from your parents if you invesed your saving into Bitcoin.

You can save your savings in bitcoin if you think you don't have anything to do with the money, you can invest in bitcoin and just leave it for long term to be profitable, but if your savings won't be a long term, I won't advise you to invest in bitcoin if you aren't ready to leave for long term because if is a short time, you can probably lose, because bitcoin doesn't raises once he takes time to increase and that makes it a good investment, but you can be keeping even if it is 20% of your savings in bitcoin gradually you will see the coin as started plenty and you will be profitable with it, It's simply that you need to establish a plan before you can start investing. It's a good idea to ask for support, but if you don't mind touching your money for a short period of time, you can invest in bitcoin and meet your goals.

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February 15, 2024, 10:38:43 PM
 #140

When I read the OP, the first thing that came to mind was a particular alt-account farming, narcissistic and compulsive liar that is still operating a number of accounts and also works with a particular campaign manager as his right-hand man.

After looking at the post history of the OP, I realised two things: seven pages later the OP did not even make another post and he has posted in a particular local board. It might be nothing but then again, time will tell  Grin

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February 16, 2024, 05:01:11 AM
 #141

Well, I would say that investing is a good choice for you but as been said, make yourself ready to adopt the volatile nature of the market.
And to remind you not to be greedy.
As a student, he'll for sure going to feel the bad days and will be disappointed to see what's happening on the market. With that, it might make him think to quit.
But that's part of investing into Bitcoin and as everyone can see, Bitcoin goes $51k is an interesting choice and will make him see that he'd able to invest well throughout the time and even a good gift during his graduation.
He is supposed to do that and have strong hands. Otherwise, he will not be going far and possibly quit right after seeing the prices drop. That is why I'm not suggesting anyone always check their portfolio because that will affect our minds especially when seeing our portfolio is red. Understanding the market behavior is very important at least we are ready for what will happen next. If he is able to hold his Bitcoin until finishes his studies, he will not just make money but also his experience make him realize that investing is a good earning opportunity rather than just saving.

Those people who start investing at an early age make their lives better in the future. And this kind of mindset should be developed especially if you have the capacity to start.



.
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Rainbot
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February 16, 2024, 06:11:28 AM
 #142

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
OP, you have decided to invest the money you deposit at the end of the month in Bitcoin which is a good decision. Investing money is better than saving it. It will be very good for you as you will be investing at the end of every month which will be invested in DCA method. OP you should take care not to harm your studies. You continue to invest regularly, hopefully you will earn good profits.
You (OP) have mentioned an important point here that you (OP) need to spend enough time on investing in Bitcoin as you are a student, how much time can a student spend studying if he spends most of his time on Bitcoin investing. Of course a student's first task would be to spend enough time in studying and then if he retiresIf time allows then there may be some time to spend on Bitcoin investment. But another thing is very important if OP chooses time to invest in bitcoin before feb then he should get good profit by investing bitcoin now because before february bitcoin went close to 40 thousand dollar in end of january now bitcoin is crossing 52 thousand dollar in february. 40000 if OPIf you invest in dollars, you will definitely get a profit of about 10,000 dollars at the time of 50,000 dollars.

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February 16, 2024, 09:39:39 AM
 #143

As the OP failed to get merits with his dramatical and seemingly fake story in the OP, should he lock the thread when he returns from his self-imposted exile?

When I read the OP, the first thing that came to mind was a particular alt-account farming, narcissistic and compulsive liar that is still operating a number of accounts and also works with a particular campaign manager as his right-hand man.

After looking at the post history of the OP, I realised two things: seven pages later the OP did not even make another post and he has posted in a particular local board. It might be nothing but then again, time will tell  Grin

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February 16, 2024, 09:52:33 AM
 #144

Now multiple people will have multiple opinions on this. If you would ask me, then don’t invest your savings in any type of investments. These are “savings”, these needed to be saved in any place safe. These are the money which will come handy when there is any emergency. Don’t invest these amount in any sort of investments. Now regarding the profession, then if you are earning some amount of money while studying, then it will be a good decision to invest some portion of the earnings into Bitcoins.

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February 16, 2024, 10:24:42 AM
 #145


He is supposed to do that and have strong hands. Otherwise, he will not be going far and possibly quit right after seeing the prices drop. That is why I'm not suggesting anyone always check their portfolio because that will affect our minds especially when seeing our portfolio is red. Understanding the market behavior is very important at least we are ready for what will happen next. If he is able to hold his Bitcoin until finishes his studies, he will not just make money but also his experience make him realize that investing is a good earning opportunity rather than just saving.

Those people who start investing at an early age make their lives better in the future. And this kind of mindset should be developed especially if you have the capacity to start.
He will be able to see the result if he can invest a sufficiently significant amount, but I am not sure that every student is able to do this. Student years are a difficult period for most, not everyone can study and work, and if there is an opportunity to earn extra money, the income will not be so great.

In addition, sometimes he may need the money that he saved, and this will also not be in favor of hold Bitcoin. You need to save in any case and invest in Bitcoin in the same way, but to buy Bitcoin you need to choose a good time, and now when it is approaching its ATH, it may not be the best time for this.
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February 17, 2024, 01:18:32 AM
 #146

Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
Why not, you must invest Bitcoin from your personal decision. Since you have a source of income besides your educational status. So you can definitely invest in Bitcoin, but invest only as much of your savings as you feel comfortable. I think now is the best time to invest in Bitcoin, you can start investing in Bitcoin from the current moment. You can adopt DCA method, deposit a part of your income in that case I think DCA method will be best for you. If you notice bitcoin halving in front. Make your investment consistently and patiently hold your bitcoins, hopefully you will get good profits in the future.

DCA method is the best among the best and best methods of investing. If Bitcoin can be played at the right time then it will definitely be possible to get benefits from it. A person can never invest without doing market research, so market research is most important in investing followed by DCA method. If you invest in Bitcoin weekly or monthly, within a few days your portfolio will start growing and your profits will increase.

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February 17, 2024, 02:56:40 AM
 #147

Now multiple people will have multiple opinions on this. If you would ask me, then don’t invest your savings in any type of investments. These are “savings”, these needed to be saved in any place safe. These are the money which will come handy when there is any emergency. Don’t invest these amount in any sort of investments. Now regarding the profession, then if you are earning some amount of money while studying, then it will be a good decision to invest some portion of the earnings into Bitcoins.
well, in this case, I also agree that saving in bitcoin is not a very good idea. I think that the best way for someone who is interested in investing in bitcoin, and has a salary that is not too large is to invest a few percent of his salary every month, and do the DCA method to increase his assets little by little. That way, he might be able to carry out good management of the salary he has, so that the salary he has has a share of investment, savings and meets his living needs. That's better than investing all your savings in bitcoin. Because this is quite risky.

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February 17, 2024, 03:22:50 AM
 #148

Now multiple people will have multiple opinions on this. If you would ask me, then don’t invest your savings in any type of investments. These are “savings”, these needed to be saved in any place safe. These are the money which will come handy when there is any emergency. Don’t invest these amount in any sort of investments. Now regarding the profession, then if you are earning some amount of money while studying, then it will be a good decision to invest some portion of the earnings into Bitcoins.

Simply put, we need to distinguish that saving and investing are two completely different methods, they are not the same. Saving will not increase our wealth but it will preserve value over a period of time and is often used in emergencies. Meanwhile, investing can help us increase asset value but can also cause us to lose money, or even lose everything if we invest in the wrong project or asset. And Bitcoin is a highly volatile asset, so it cannot be considered a good place to save but is only suitable for investment.

Bitcoin is worth investing in because of its potential but like other investments, we need to have complete knowledge about them, otherwise we will have to pay a very high price.

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February 17, 2024, 07:24:04 AM
 #149

It doesn't matter if you want to invest in Bitcoin, whether you are a student or a working person or a businessman, it is your own business because this market is very risky and you have to face losses as well as gains, so it is wisest to do what you want without listening to anyone.  If you have extra money then you can invest

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February 18, 2024, 06:19:03 AM
 #150

people tend to go in with bitcoin with all they have because people say it is secure and jut a pump and dump coin.
Do you understand the meaning of a pump-and-dump coin? A pump-and-dump coin is a cryptocurrency that is pumped for personal gains by the creators and then dumped when they dump all their holdings in the market and those who buy the coins become exit liquidity for creators. So, Bitcoin can be called secure because it is undoubtedly the most secure cryptocurrency in the market, but it cannot be called a pump-and-dump coin because it doesn't fit in that description.

When we talk about going all-in on Bitcoin, it depends on a person's understanding of the market and their trading strategy. Some people might prefer doing DCA and buying Bitcoin in portions for a better average price, however, some tend to like buying with everything they have at a certain price point thinking they can't get a better price than it and they are happy with it.

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February 18, 2024, 08:04:15 AM
 #151

Bitcoin has become a popular investment tool nowadays and everyone is thinking of investing their money in it. it also carries risk, but if properly understood and invested at the right time,it can yield good returns.
Ever since Bitcoin was created, its popularity has skyrocketed day by day.Along with its popularity, the price of Bitcoin has increased a lot and may continue to increase in the future. Even those who have little knowledge about crypto currency are now interested in investing in Bitcoin as they know that investing in Bitcoin earns better profits than other coins.So now everyone is not only thinking about investing in Bitcoin but also starting investing in Bitcoin.
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because it has so many advantages given the stabling and growth of Bitcoins price,some people believe that every investor should invest at least a small amount in Bitcoin.
The price of various coins in the cryptocurrency market and the price of Bitcoin is never stable and the price of this coin fluctuates constantly.Yes people can start investing in Bitcoin with small amount of money.One of the advantages of investing in Bitcoin is that the risk involved in investing in this coin is very low, which is why everyone prefers to invest in Bitcoin.

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February 18, 2024, 11:00:41 AM
 #152

Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
Surely this is an investment channel for a young person like you to participate in. I believe you have also searched for the best understanding of Bitcoin and this market, along with information about the recent Bitcoin ETF that can strengthen your confidence in this market. Start with money that you think won't impact your life and family if lost, then with permanent savings accounts you can set aside to buy Bitcoin. The initial profit may not be much, but after a long process of buying spirit, the compound profit you receive will be huge. I think this is the safest and best approach for you when first looking to invest in this market. Start now, don't hesitate any longer.

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February 18, 2024, 12:50:22 PM
 #153

Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
Surely this is an investment channel for a young person like you to participate in. I believe you have also searched for the best understanding of Bitcoin and this market, along with information about the recent Bitcoin ETF that can strengthen your confidence in this market. Start with money that you think won't impact your life and family if lost, then with permanent savings accounts you can set aside to buy Bitcoin. The initial profit may not be much, but after a long process of buying spirit, the compound profit you receive will be huge. I think this is the safest and best approach for you when first looking to invest in this market. Start now, don't hesitate any longer.
Digital currencies provide unparalleled prospects, especially for tech-savvy youth. Starting small and using compound interest is timeless advice for both Bitcoin and other investments. Discipline is key, though. Understanding cryptocurrency waves is as important as grabbing the moment. While Im favor investing, it must be done with a plan. Investment success requires diversification, learning, and risk management.

ETFs as a way to invest in Bitcoin display the market's evolution. The uninitiated may like it because it resembles classic investment arrangements. Bitcoin investment's decentralization and blockchain technology's transformative potential define it.

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February 18, 2024, 01:05:37 PM
 #154

It doesn't matter if you want to invest in Bitcoin, whether you are a student or a working person or a businessman, it is your own business because this market is very risky and you have to face losses as well as gains, so it is wisest to do what you want without listening to anyone.  If you have extra money then you can invest
If you want to invest in Bitcoin, you need good investment experience. Investing on other's advice is never likely to make a profit, so we should invest with good investment experience. If someone starts investing from student life, I think it's a bonus point.  It can be very good for us if we do jobs besides investing.

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February 18, 2024, 01:12:12 PM
 #155

Now multiple people will have multiple opinions on this. If you would ask me, then don’t invest your savings in any type of investments. These are “savings”, these needed to be saved in any place safe. These are the money which will come handy when there is any emergency. Don’t invest these amount in any sort of investments. Now regarding the profession, then if you are earning some amount of money while studying, then it will be a good decision to invest some portion of the earnings into Bitcoins.

Simply put, we need to distinguish that saving and investing are two completely different methods, they are not the same. Saving will not increase our wealth but it will preserve value over a period of time and is often used in emergencies. Meanwhile, investing can help us increase asset value but can also cause us to lose money, or even lose everything if we invest in the wrong project or asset. And Bitcoin is a highly volatile asset, so it cannot be considered a good place to save but is only suitable for investment.

Bitcoin is worth investing in because of its potential but like other investments, we need to have complete knowledge about them, otherwise we will have to pay a very high price.

If savings will go in fiat then we really don't have anything to expect since our money in that form will not grow. We will just got defeated by inflation that's why its not really advisable for people to save their money in that form since nothing will happen to them.

But if they put it on bitcoin then the potential is big since imagine how great the potential for a huge price rise so if you bought your balances at more cheaper price then we can expect to get a good profits for even storing our balance on our wallets.

It's important for us to know what's more better since good decision making will result to good that's why we need to think on things that  is important and try to eliminate things that we think safe but at the end we end up losing.

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February 18, 2024, 02:21:30 PM
 #156

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

Investing in Bitcoin is the best investment decision you can ever make,but it's important to be fully aware of what you're getting yourself involved with. I don't know what your friends friends told you about Bitcoin or the knowledge you've gathered about it, but one important lesson I always like to give to new Bitcoin enthusiast is that you shouldn't go into Bitcoin Investment with the hopes of making quick profits.

Bitcoin isn't a get rich quick scheme so if you're expecting to start making profit off Bitcoin next month or even next year, then I suggest you go do more findings and get your information straight. Bitcoin is undoubtedly one of the best assets to invest in but you need to go in with the right information.

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February 18, 2024, 02:48:52 PM
 #157

It doesn't matter if you want to invest in Bitcoin, whether you are a student or a working person or a businessman, it is your own business because this market is very risky and you have to face losses as well as gains, so it is wisest to do what you want without listening to anyone.  If you have extra money then you can invest
If you want to invest in Bitcoin, you need good investment experience. Investing on other's advice is never likely to make a profit, so we should invest with good investment experience. If someone starts investing from student life, I think it's a bonus point.  It can be very good for us if we do jobs besides investing.
In any case there is no substitute for experience. Those with more experience will definitely get better results. Holding Bitcoin requires long-term planning. In that case if an investor can collect bitcoins from student life then he can be ahead of others in bitcoin investment. By investing in student life, an investor will get a better understanding of Bitcoin and learn the lessons quickly. They will also get an idea of how they can improve their financial situation in the future. If a student invests in Bitcoin before starting his career then his portfolio will grow and he can own a huge amount which is definitely difficult for general investors. I think a student will have more benefits than a general bitcoin investor.

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February 18, 2024, 03:00:45 PM
 #158

If you want to invest in Bitcoin, you need good investment experience. Investing on other's advice is never likely to make a profit, so we should invest with good investment experience.
The more experienced you are, the more successful you are. Investing definitely requires experience If you are an experienced investor then you can start investing properly by buying the right coins at the right time.But we must value our own opinion more than other people's opinion in order to invest.
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If someone starts investing from student life, I think it's a bonus point.  It can be very good for us if we do jobs besides investing.
Maybe there are many people in our forum who started investing in bitcoins as students maybe this is a good venture for them.
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It can be very good for us if we do jobs besides investing
One of the benefits of investing alongside the job is that we can continue our investments with the money we do not need from the salary we get at the end of the month.Those who have a job and want to invest are able to continue investing in the DCA system with the remaining money from their required amount.

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February 18, 2024, 09:03:52 PM
 #159

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?


Your savings ? ... Yes, you can do that. But please, please, please, don't go beyond that. Don't sacrifice your health for futuristic gains. Only a live and healthy person can be rich, yeah. So, if investing in Bitcoin WITH YOUR SAVINGS is what you want, then you should totally do it.

But if you don't have much in your savings, then I'd say you earn from campaigns.
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February 18, 2024, 09:38:20 PM
 #160

It doesn't matter if you want to invest in Bitcoin, whether you are a student or a working person or a businessman, it is your own business because this market is very risky and you have to face losses as well as gains, so it is wisest to do what you want without listening to anyone.  If you have extra money then you can invest
What is the point?
Of course, people have the ability to invest if they have the funds. It doesn't matter if they are students, workers, or other professions. As long as the people have the intention to invest and they have knowledge about it, it is always okay to invest in something like Bitcoin. Sure, Bitcoin is a high risk investment, but it can be relatively safe investment if we have good knowledge. 4 years cycle of bearish-bullish and Bitcoin halving become 2 factors that make Bitcoin investment be more secure. However, it is true that we must always use excessive money (extra money). We don't use the money for basic things in our life.


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AmoreJaz
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February 18, 2024, 09:54:18 PM
 #161

It doesn't matter if you want to invest in Bitcoin, whether you are a student or a working person or a businessman, it is your own business because this market is very risky and you have to face losses as well as gains, so it is wisest to do what you want without listening to anyone.  If you have extra money then you can invest
What is the point?
Of course, people have the ability to invest if they have the funds. It doesn't matter if they are students, workers, or other professions. As long as the people have the intention to invest and they have knowledge about it, it is always okay to invest in something like Bitcoin. Sure, Bitcoin is a high risk investment, but it can be relatively safe investment if we have good knowledge. 4 years cycle of bearish-bullish and Bitcoin halving become 2 factors that make Bitcoin investment be more secure. However, it is true that we must always use excessive money (extra money). We don't use the money for basic things in our life.

always keep in mind that if one invest into something, he should be knowledgeable about it and not just because of the hype surrounding it. you can easily liquidate your position if your knowledge is just a mediocre one or have no idea at all.
so whether you are just a student or a long time investor, there's no difference, so long you know what you are going into and you have enough knowledge to cover the critical factors when you invest on a particular item.
because as a student, you may have your passion in knowing the vital factors of an investment, so you have the edge over the others as you can do your own research before jumping on any of these investments. whereas, those old ones may not have the time to spend in doing their study. so as a student, you have the advantage. in this scenario, we can say, it is a case to case basis.

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Rufsilf
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February 18, 2024, 10:17:21 PM
 #162

Having an interest in bitcoin and wanting to invest in it can, in my opinion, be a wise decision, as the cryptocurrency has seen tremendous growth in recent years. On the other hand, I don't think it's a smart idea to invest your savings in order to purchase bitcoin. I believe that you should keep the money from investments and savings separate because, given the volatility of the market, we can never predict what will happen in the long run—it will either rise or fall. Instead of giving it everything we have and considering bitcoin to be our main source of income, we should just consider it to be one of our financial assets.

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uneng
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February 19, 2024, 01:22:45 AM
 #163

Having an interest in bitcoin and wanting to invest in it can, in my opinion, be a wise decision, as the cryptocurrency has seen tremendous growth in recent years. On the other hand, I don't think it's a smart idea to invest your savings in order to purchase bitcoin. I believe that you should keep the money from investments and savings separate because, given the volatility of the market, we can never predict what will happen in the long run—it will either rise or fall. Instead of giving it everything we have and considering bitcoin to be our main source of income, we should just consider it to be one of our financial assets.
Well, how do you think personal savings should be invested, then? Personally, I would invest all my savings in Bitcoin, especially right now that BTC's price is rising consistently week after week, as we are close to the next halving which is expected to happen in April. It's an once in a lifetime opportunity which shouldn't be wasted by anyone. I'm fully confident on this bull run and I wouldn't bother risking everything on it, even because I'm not aware of another investments which have the same profit potential of Bitcoin, while delivering similar reputation and security levels.

I would only change my stance on this matter if I had a considerable portfolio to purchase an interesting property, house, apartment or piece of land. But without enough funds to do so, Bitcoin remains as the best investment alternative for small and medium size investors.

Moreover, since OP is on the beginning of his professional life, the risk for him to invest in BTC isn't the same of a retired elder investing his life savings on it, which took decades to be achieved. What means there can't be margin for mistakes anymore at this point of life.

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Blitzboy
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February 19, 2024, 08:17:23 AM
 #164

Having an interest in bitcoin and wanting to invest in it can, in my opinion, be a wise decision, as the cryptocurrency has seen tremendous growth in recent years. On the other hand, I don't think it's a smart idea to invest your savings in order to purchase bitcoin. I believe that you should keep the money from investments and savings separate because, given the volatility of the market, we can never predict what will happen in the long run—it will either rise or fall. Instead of giving it everything we have and considering bitcoin to be our main source of income, we should just consider it to be one of our financial assets.
Well, how do you think personal savings should be invested, then? Personally, I would invest all my savings in Bitcoin, especially right now that BTC's price is rising consistently week after week, as we are close to the next halving which is expected to happen in April. It's an once in a lifetime opportunity which shouldn't be wasted by anyone. I'm fully confident on this bull run and I wouldn't bother risking everything on it, even because I'm not aware of another investments which have the same profit potential of Bitcoin, while delivering similar reputation and security levels.

I would only change my stance on this matter if I had a considerable portfolio to purchase an interesting property, house, apartment or piece of land. But without enough funds to do so, Bitcoin remains as the best investment alternative for small and medium size investors.

Moreover, since OP is on the beginning of his professional life, the risk for him to invest in BTC isn't the same of a retired elder investing his life savings on it, which took decades to be achieved. What means there can't be margin for mistakes anymore at this point of life.
The appeal of Bitcoin's bull run is hard to resist. The profit is secondary to being part of a financial revolution. Please add pragmatism to our enthusiasm. Sustainable investment strategies are based on diversification. Bitcoin has proven great returns and is secure and trustworthy. Bitcoins are volatile, so be aware. I support Bitcoin, but not all at once.

Bitcoin complements small and medium investors' portfolios well. Think of it as balancing risk and reward. For young professionals, a measured Bitcoin allocation might offer a unique blend of growth potential and financial literacy learning curve.

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February 19, 2024, 03:44:20 PM
 #165

The appeal of Bitcoin's bull run is hard to resist. The profit is secondary to being part of a financial revolution. Please add pragmatism to our enthusiasm. Sustainable investment strategies are based on diversification. Bitcoin has proven great returns and is secure and trustworthy. Bitcoins are volatile, so be aware. I support Bitcoin, but not all at once.

Bitcoin complements small and medium investors' portfolios well. Think of it as balancing risk and reward. For young professionals, a measured Bitcoin allocation might offer a unique blend of growth potential and financial literacy learning curve.
I could think about diversification if there were another interesting alternatives of investment available, but I don't know any. To put money at the bank to generate passive income, like most people do, doesn't sound a great idea, because the interest is low and inflation is overcoming income made on long run. Therefore, it's an unprofitable category of investment. Maybe investing in real estate assets could be a good option, but I lack knowledge to pick the right funds of investment on this field. In the end, to go all in Bitcoin seems the most reasonable thing to do at the current moment.

If I had more funds, however, I would invest in real estate to make passive income through renting properties.

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February 19, 2024, 03:52:51 PM
 #166

Quote from: Rufsilf
On the other hand, I don't think it's a smart idea to invest your savings in order to purchase bitcoin.
To me, is a good idea to invest your savings in BTC but don't invest the savings in this bull run because, the price has increase to some stage that is causing some hodlers to start selling their BTC but if anyone can endure for the bear run to come before they can buy, it will make them to believe that BTC investment is very good.

Quote
Instead of giving it everything we have and considering bitcoin to be our main source of income, we should just consider it to be one of our financial assets.
Making BTC investment only source of income is not good and it will not allow you to hodl for long, but if you have other sources of income plus BTC investment, it will give you some confident to take a risk to invest in BTC and hodl until the bull run that will satisfy you come before you can sell.

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February 19, 2024, 04:07:26 PM
 #167

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

If you are experienced with Bitcoin and can afford the investment risk then you can certainly invest part of your income in Bitcoin. But if you had decided to invest since you learned about Bitcoin in 2019, you might have accumulated a large amount of Bitcoin by now. However, since you have missed it and are trying to re-learn from the present, then you continue from here and don't miss it. If you can continue to invest some part of your income using DCA method then after long time your investment will grow and you can earn a lot of money from it. But keep in mind that the investment holding wallet should be kept very safe so that no one can steal the wallet seed phase somehow.

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February 19, 2024, 04:28:30 PM
Merited by Cookdata (4), Egii Nna (2)
 #168

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

Over the history of Bitcoin, Bitcoin has definitely proven to be a potentially profitable investment. But because Bitcoin is inherently volatile, one should proceed with caution when thinking about putting their savings in it. Investors face a great deal of risk due to the unpredictability of Bitcoin's price changes, as the value might grow or fall quickly. Because of this volatility, it would not be a good idea to rely entirely on Bitcoin as a savings vehicle, especially in light of the necessity of having access to cash quickly in case of emergency.

It is crucial for students to have stable finances and easy access to money in case of unforeseen needs. It is therefore not advised to invest all of your savings in Bitcoin. A wiser course of action would be to diversify your savings, putting some in Bitcoin and keeping the rest in cash reserves or more reliable investments. By using this approach, people can take part in Bitcoin's future growth while reducing the risk brought on by its volatility.

Moreover, a periodic investment strategy for example, splitting savings into two halves and using one to buy Bitcoin on a regular basis while holding onto the other as a safety net may be a prudent course of action for individuals who are already deeply engaged in Bitcoin. This preserves financial security for unforeseen expenses while permitting ongoing exposure to the potential gain of Bitcoin. Finally, people can potentially profit from Bitcoin's long-term development prospects and more skillfully navigate its volatility by taking a balanced approach to investing and keeping a diverse portfolio.


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February 29, 2024, 01:37:50 PM
 #169

Having an interest in bitcoin and wanting to invest in it can, in my opinion, be a wise decision, as the cryptocurrency has seen tremendous growth in recent years.
Growth has been good indeed, but in terms of what shitprojects that altcoins have made the buzz regarding crypto has shifted from ICOs to defi then NFT and so on. I am therefore not inclined to say that the growth has been productive, but has happened. Bitcoin itself does not need much growth unless some critical problem arises.

Quote
Instead of giving it everything we have and considering bitcoin to be our main source of income, we should just consider it to be one of our financial assets.
It is a financial asset and it should never be the only one in your portfolio. Traditionally stocks, real estate, commodities, metals should also be there and probably are there too. A part of the monthly income can be allocated to bitcoin. That volume can be withheld during times of bull market - such as the one happening now and used during the bear market.

R


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February 29, 2024, 03:10:05 PM
 #170

Take a look at the manner in which the OP is posting, he posts once in the hope of getting merits then gives up and does not want to re-post in the same thread again: https://bitcointalk.org/index.php?action=profile;u=3550524;sa=showPosts

As soon as I read the OP, I thought it was an alt-account being operated by a particular member from the Bengali local community. Looking through his history, he did make a post in the Bengali community. Still, it is not concrete but the hunch is there.

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February 29, 2024, 03:25:22 PM
 #171

Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
There is nothing wrong because anyone can get involved in investing in Bitcoin, but they must understand how to do it correctly so as not to be trapped by losses resulting from the mistakes they make. You can adjust your money for investment activities and don't need to deposit all the money you have for investment because you are worried that you will have difficulty making ends meet. Invest the amount of money you have responsibly and do this consistently and correctly.

If you don't intend to accumulate one-time purchases with the money you have, then use the DCA pattern to maximize, so you can set a balance between income, expenses and the amount of investment you want to apply. If you run the DCA pattern on a scale with consistent duration, you will see that assets will continue to increase slowly.

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February 29, 2024, 03:35:59 PM
 #172

Should I invest my savings in Bitcoin?


I think this should be done before BTC's rise like now and even if someone does, I personally think it's a bit too late but it's not something to worry about because BTC has a lot of potential of course and BTC has already proven what you want. what friends say has been proven and is not just a discussion. BTC is certainly an investment opportunity. The decision is in your hands now and BTC Halving is very close from now

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February 29, 2024, 04:21:43 PM
 #173

Should I invest my savings in Bitcoin?


I think this should be done before BTC's rise like now and even if someone does, I personally think it's a bit too late but it's not something to worry about because BTC has a lot of potential of course and BTC has already proven what you want. what friends say has been proven and is not just a discussion. BTC is certainly an investment opportunity. The decision is in your hands now and BTC Halving is very close from now


There is no set time when it is best to invest in Bitcoin. It is only a matter of time when you want to invest in Bitcoin depending on your ability. If you invest in Bitcoin then it will definitely increase, as the halving will take place in March 2024. A big bull run awaits all of us investors right after that, 2025, when Bitcoin prices peak. Rest assured that the more you invest in Bitcoin, the more benefits you will reap.


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February 29, 2024, 08:38:42 PM
 #174

We have seen students that here foe investing in bitcoin some of them have invested big amount while some re just starting so it is not a new thing for us again. And from the way I am looking at it it is not wise enough for student to invest in bitcoin because they might not focus in their studies mostly in the year one of the school but if it is in the final year then it is good to start the investment because at that time you are almost done with the school. Those who really want to do well in their academic activities always focus on their studies and come out with flying colors.

But those who went there for money and not to study at the end became spammers and shit writers in the community so op focus on your study before you invest or look for money.









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March 01, 2024, 12:26:51 AM
 #175

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
You are constantly creating such false stories to gain merit. But remember you can never grow by lying. you have posted similar stories before and now you are doing the same thing again. this is a form of spamming.
Close them or else the account will be tagged. Do you think merit sources are stupid? And they do not remember the previous forums post?



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Rainbot
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March 01, 2024, 12:37:23 AM
 #176

According to one of your earlier posts you already invested in bitcoin in the past but then had to sell it so I am not sure why you are talking like you never bought bitcoin before and know nothing about it. An obvious answer is merit fishing but I am curious to hear your answer.  Wink


At that time I was in college and knew about Bitcoin since that time I saved my college stipend money and invested it in Bitcoin and gradually saved fractions of good Bitcoins there. When I collected and invested my stipend, Bitcoin was at a much lower value, and I made a lot of profit at this point. I might have made more profit if I had held it longer, but I bought the thing by selling bitcoins for one of my essential tasks
Nice catch. Not only this op, there are many merit farmers in this forum who target merit sources and post various types of fake stories. i have already assumed several stories to be fake. i feel that if such stories are not given merit then many brides will go to the extent of making such fake stories. I have tagged it as a spammer.I think it's fair to him that he deserves it. Although it is a natural feedback

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March 01, 2024, 09:59:57 AM
 #177

Having an interest in bitcoin and wanting to invest in it can, in my opinion, be a wise decision, as the cryptocurrency has seen tremendous growth in recent years. On the other hand, I don't think it's a smart idea to invest your savings in order to purchase bitcoin. I believe that you should keep the money from investments and savings separate because, given the volatility of the market, we can never predict what will happen in the long run—it will either rise or fall. Instead of giving it everything we have and considering bitcoin to be our main source of income, we should just consider it to be one of our financial assets.
Bitcoin has grown rapidly since it was created by Satoshi. The huge growth isn't only in the last few years, we have already seen huge growth in every bullish season. Just check the price history related to bullish season.

If people are interested to invest in Bitcoin, surely it is a wise decision. Why we must wait for investing in Bitcoin if we can invest now? It is the right time to invest in Bitcoin because we are in the beginning of bullish season. However, we must always remember to use the money that we afford to lose it! We don't use the money for saving, don't use the money for daily expanses, and don't use the money for urgent needs. There should be a special allocation for investment.

Actually, the Bitcoin investment doesn't fully unpredictable, we don't gamble with Bitcoin. It is clear that we have 4 years cycle for bearish-bullish season. We just need to follow it and adjust the target according to the time for bearish and bullish. However, there is something that we can't really predict, it is about how far the Bitcoin price to rise or drop. In this matter, we need to have the ability to analyze the potential change in Bitcoin price in the future, both through technical analysis and fundamental analysis.



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March 01, 2024, 12:39:17 PM
 #178

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

Seriously ? you are asking this that if you need to invest in bitcoin having so much story of bitcoin from 2019-2022?
you are just creating a thread that gives conflict to your own decision because the way I see it you already know what to do
but you are just denying that reality .
Buy Bitcoin from your savings actually if you done that after posting this? then you already earning 50% of your deposit.
so better decide now or deny what you could have done forever.

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