How the common man should view the Bitcoin!

[Suba]

One of the biggest mistakes made by lower-middle-class Bitcoin investors is not having an emergency fund in the form of cash, gold, or stablecoins. As a result, when a disaster strikes and requires significant funds, they are forced to sell Bitcoin at the current, drastically falling market price.

 

[arunima25]

The above reply is very useful. It validates the saying that don't put all your eggs in the same basket. A smart way to invest or grow any financial portfolio is to diversify the portfolio. Having some parked in low risk traditional investments like cash, fund in saving accounts, gold etc is always good. They are easily accessible at times of needs. Bitcoin investment will yield you benefits only when you are into it for long terms and not withdrawing it at every emergency needs.