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Why it's NOT good, to invest in BTC!

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Written by   6
1 year ago

Okay, by all means.. the title may or may not look like click bate. If you're a millionaire and or very wealthy person... this post does not apply to you. haha.

This post applies to those people who have less than 1,000 dollars in their bank account. Or even 10,000 for that matter.

Let me break it down. We are all investing in crypto for obvious reasons.. to make money. There are endless amounts of videos telling people Whhhyyyy they need to invest in BTC which is Deeply... bad information to those who have very little money...

If I had $1,000... to my name.. and that was it... Does it make sense to throw it all in bitcoin? No. It doesn't. Why??? Well, here's why...

At the price im writing this... this only gives me .0521717 of bitcoin... at $1,000 USD... and BTC shoots up to $200,000 dollars.... where today its sitting at. $19,161...

a 1k investment... at 19k.. going up to 200k... Would only make you 10 grand.

And the point of crypto... aside from the FREEDOM it gives us... is to make as much as we can with the SMARTEST investments... so long as you've done your own due diligence in research.

Now let me give you another coin for example... VECHAIN.... Lets say VeChain is a penny.... right? And I put that same $1,000 dollars into VeChain... Which if you look at the partnerships and type of product and business they have?? It's a without a question No-Brainer type of investment.... You will receive $100,000 coins...

Now there's a Popular VeChain Prediction saying that it'll become a 75 dollar coin... So if that's TRUE??? You will have $7,500,000....
Which I would say you're officially out of Poverty.. Is it a gamble? Sure. But it would be the same gamble as BTC, if you're in crypto the gamble is equally the same so long as you believe in the research you've done on the coin you plan to invest in and use.

Investing in a coin like BCH for example, is still.... a HELL Of a deal. Because it's sitting roughly around $284.77 as I am writing this article right now....

I PERSONALLY believe... Diversifying your portfolio with medium sized and very small sized coins IF YOU HAVE LESS THAN 10,000 to invest.... would be your best bet.... Many will argue and say its not about the price, to not talk about the price, and stop talking about profits which is BULLSHIT advice.... because at the end of the day we are all looking into invest in whats going to make us the most, and help us get out of the situations we are all facing. The advice of the rich and people who own 5 10 15 30 BTC or whatever, they don't worry about shit... that us little guys do....

But us little guys need to think Smart about what coins can create the amount of wealth... that could be life changing for us. I know I'd much rather have 7 million over the 10,000 gain..... investing in VET over BTC any day...

Remember, emotional attachments to coins... is not a good thing. Invest smart... in the most profitable, have a plan, and a diverse portfolio and again. This may SOUND LIKE FINANCIAL advise but don't forget this is solely a recommendation for those who are NEW looking into what to invest. If you find yourself only capable of investing anything less than 10k...

Then this recommendation, should be highly considered... Because It would suck knowing you only profited a 10,000 dollar profit... when you could've made 100,000 or more.. depending on which coins you guys decided to invest in.
Never... invest what you aren't prepared to lose. In my case. Im prepared to lose everything... given the circumstance crypto currency has been around over 10 years.... I feel secure keeping 100% of my liquidity into crypto... because of the freedom it has allowed me to have in comparison to having a bank.

But by investing in BTC being the price is as high as it is.... Your future self will thank you LATER.... when BTC is sky rocketed in massive 1k fee's or more...... and it all trickles down to BCH making BCH the new/better Bitcoin will truly be an inevitable event.

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Written by   6
1 year ago
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Comments

Agree, there are many safe coins and tokens to invest in and make a much bigger profit. For the sake of facts, calculating the capital is the hardest part of successful work. Investing time in the analysis is very important. Following just one project and knowing what they do can bring us much more money than watching on more projects. Being a trader or investor requires more thinking and watching than any other job. Honestly, Cardano is not a bad bet, too. It's just a matter of time when the price will blow our minds. Ripple, also. There are many more opportunities for safe investment when we talk about the crypto world than we can imagine. It's literary investing in the future. However, amazing and useful article, Mr. @crypto.guy ~ I love you 😂

$ 0.10
1 year ago

Awesome Reply. Thanks for the love brotha... and heellll yea, no matter what we invest in, we'll all be swimming in money 5-10 years from now. lmfao. #HOPEFULLY!! haha. Nah but, thanks for the awesome comment :)

$ 0.00
1 year ago

Nice to meet you 😂😂

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1 year ago