RE: Excuse10 Jan 2024 20:47
In response to Risky Business, I think the average age of people in this forum are… over 40? I’m in my 20s and think I’m in the minority. Which probably makes me by nature more curious and accepting of bitcoin.
Firstly Bitcoin requires a fair bit of time spent learning what it is and how it work. Bitcoin university in YouTube I think is a great place to start.
In short, you will need a hardware wallet, and a computer. It may sound complicated all the terminology used, but bitcoin is actually a simple concept. But if you don’t know what a hardware wallet is, how many bitcoin will ever be produced, what makes bitcoin unique and the true purpose of btc, I would say go back to square 1 and learn more about it.
Bitcoin has crashed multiple times, but it’s still here today, a bigger market cap than tesla, just below meta (Facebook) and Amazon.
Currently worth around 800 billion. If it really is the internet version of gold, which is valued at 13 trillion, it has a lot of catching up to do.
In short, research and educate yourself on it. YouTube, Reddit bitcoin page etc are great ways to gain knowledge.
Personally, I’m not 100% in on BTC, but believe it’s completely misunderstood by 95% of the worlds population. It is far more important than many realise.
Regarding the ETF, I believe it will get approved. Once pension money etc go in to bitcoin it will be a self fulfilling prophecy, it will go higher and higher.
All imo