Is Bitcoin still suitable for investment now?
If you know nothing, I definitely suggest you hold onto cash first. Don't buy stocks, funds, or financial products.
These are deterministic and meaningless; earning a few thousand in over a year is just that.
Entering this market has very high risks.
Because most people rush in thinking they want to buy Bitcoin, only to be attracted by other hundredfold or thousandfold coins.
Some start trading in waves and then get into contracts. If luck is good and the market is good, you make money, and then you go crazy.
The saying 'foolish spending gradually dazzles the eyes' is just like this; you can't keep up, you want to buy everything, so you bet everything.
So you take loans and leverage, and in the end, you lose everything. Then you blame the crypto world for deceiving you.
The crypto world is not a scam; those who have participated know that the trading methods of digital assets in this circle are different from traditional financial industries.
If you can truly choose Bitcoin, then congratulations, your worldview is correct, and you will definitely be wealthy in the future.
But you need to pay attention; I'm talking about the future, not immediately. If you have 100,000, and you buy in now, your bull market might be 5-10 times. If you can firmly stick to this approach, it could lead to a very good outcome. But when the bull market arrives, will you decisively sell? Will you feel it's too little? Will you be attracted by other more enticing options? This depends on your own cultivation. If your cultivation is not enough, you cannot escape in the end.
I have seen too many people like this, at the end, losing all their profits and principal.
So what should you do? I will tell you a method.
During a bear market, buy, buy, buy; during a bull market, sell, sell, sell every day. When the bull market comes in its early phase, go all in and work hard.
In a bull market, don't care how good the market is, and don't envy others making more money. Just stick to your own piece of land.
Every day, just sell, sell, sell. It may seem like a foolish method, but it is the most effective one.
This is the best method for those who know nothing but want to make money in the crypto world. Everything depends on your own character.
My method is universal for everyone.
