Basically as the title says. I have used Bitcoin a few
times in the last year and been paying attention to it and learning things
about it slowly. I have noticed that if Bitcoin were to get to the scale of
being the main worldwide currency (or very popular) then I should invest in it
now while its cheaper so that when the price raises high I can make money.
Obviously Im a little late to the game since they used to be
>$10/btc and have risen to almost $2k, but it seems like it still will take
off even more. So, Im young and have money I wanna invest in something. Is
getting a good amount of coin worth it to hold on to? thanks for any and all
advice!
When bitcoin hit $10, people asked if it was to late to join.
Then they asked if they missed the boat at $50, then at $500. Now, they're
still asking the same question. Just like they will keep asking when bitcoin
hits $10,000.
Buy as
many as you can afford to. It will probably be the most lucrative investment
you could ever make. Bitcoin is unstoppable.
It is highly speculative, but looking
over the past history, bitcoin has survived a lot of shit. I would be
comfortable advising my friends and family to put 10% of their savings in
bitcoin, but not more than that unless they are comfortable doing a deep dive
into the technology and making their own informed decision.
TL;DR YOLO BITCOIN HODL LOL
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