Is It Still Adviceable To Invest In Bitcoin Now - Investment - Nairaland
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| Is It Still Adviceable To Invest In Bitcoin Now by OneCandleAway(f): 10:06am On Feb 24 |
With the new govt regulations on crypto, can you advice a new entrant on investment in crypto especially popular ones like bitcoin |
| Re: Is It Still Adviceable To Invest In Bitcoin Now by mactoni91(m): 11:16am On Feb 24 |
Buy and save in a Non-custodial Wallet 1 Like |
| Re: Is It Still Adviceable To Invest In Bitcoin Now by heledamazun(m): 1:07pm On Feb 24 |
| Re: Is It Still Adviceable To Invest In Bitcoin Now by Domale: 10:26pm On Feb 24 |
Many people still invest in crypto, so yes, it can be profitable, but there are so many things to consider. Personally, I lean more towards investing in stocks and maintaining a savings bank account (but make sure to choose a reliable bank, for example, contact halifax customer service). Bitcoin and other cryptocurrencies have shown impressive gains, but they also come with regulatory uncertainties. It's essential to assess your risk tolerance and thoroughly research before diving in. What works for one person may not work for another. |
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