Bitcoin Won’t Make You a Millionaire
Don’t invest what you can’t lose
The price of Bitcoin can still plummet.
And in fact, Bitcoin might fall to $15,000 again losing half of its perceived value.
Be aware, you’re trading a real dollar for a digital dollar.
What value does a digital dollar have in the physical world?
I don’t know.
I suggest you only invest the amount you’re comfortable losing.
Bitcoin and Cryptocurrencies are the wild west and not for everyone.
If you can’t handle losing half of your investment overnight then don’t invest in Bitcoin.
Right now, Bitcoin is in a bull market.
What is a bull market?
A bull market happens when prices go up.
Prices go up and everyone’s excited. It’s all love in the world when we’re in a bull market.
Everyone will tell you to put more money in Bitcoin.
DON’T listen to them.
Because when the market turns those people telling you to buy won’t be around. In fact, they’ll say they sold their Bitcoin when it was high.