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Jan 22, 2021
4:24
:08
pm
fumblerooski
3rd String
RE: Just been advised to invest in Bitcoin but I don't know much about it
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fumblerooski
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fumblerooski
Joined
Nov 22, 2007
Last login
Apr 27, 2024
Total posts
372 (11 FO)
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Messages
Author
Time
Just been advised to invest in Bitcoin but I don't know much about it
Sale
1/22/21 2:55pm
Not right now. Wait a couple months.
Mike Honcho
1/22/21 2:56pm
Wouldn't try and time it. Just DCA what you are comfortable with.
rommeliv
1/22/21 2:56pm
I don't think you should invest in anything you don't understand
Hawk Talons
1/22/21 2:56pm
Then nobody should ever invest in anything.
RdF3
1/22/21 2:59pm
Agree, but that doesn't mean DYOR is a bad idea
donnerstag
1/22/21 3:05pm
It’s speculative, not investing in my opinion. You will either see a
bluecougar1985
1/22/21 2:57pm
My favorite thing is when people say I want to secure my money can I invest in
Cougz19
1/22/21 3:00pm
You only lose money if you sell at a loss
donnerstag
1/22/21 3:03pm
True, but what if you buy at a price point that it never returns to?
bluecougar1985
1/22/21 3:11pm
There's a chance with any investment that happens
donnerstag
1/22/21 3:17pm
Bitcoin is zero sum speculation, not an investment.
Defenestrator
1/22/21 3:01pm
A pump and dump. The greater fool game.
grosven
1/22/21 3:32pm
Maybe so, but institutional acceptance is growing. It's only a matter of time until there is a Bitcoin ETF in America.
No touching
1/22/21 3:41pm
Some advisers will say put 1% of your portfolio into it for diversification
donnerstag
1/22/21 3:01pm
RE: Just been advised to invest in Bitcoin but I don't know much about it
fumblerooski
1/22/21 4:24pm
Extremely high risk & speculation. That’s gambling, not investing.
Sooner Cougar
1/22/21 4:50pm
Do it...
CougarBuddy
1/23/21 3:26pm
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