“Knock Knock”
“Whos there”?
“A crash”
“A crash who”?
“A crash like Bitcoin
I am aware that the joke (if you want to call it that) was not funny
If I may, I would like to suggest that you avoid investing in Bitcoin or any other Crypto Currency since its a Bubble. A bubble which when popped will wipe out all your money, well the money which you have invested in it to be exact.
I suggest that you rather invest in shares
Now you may ask, why should I buy shares?
Answer - Shares are designed to provide investors with two types of return( imagine them as 2 ways to increase your Net worth), annual income and long-term capital growth.
Most shares offer income in the form of dividends, which are typically paid twice a year. Dividends can be seen as a reward for shareholders. They are paid when a company is profitable and has cash in the bank after it has satisfied all its obligations.
Long-term (Going Long) capital growth comes about when a share price increases over a period of time. This is why most investors like Warren Buffet practice “Buy and Hold” investing, he buys and never sells. Once you buy a share you keep it with you for 20–60 years and you reap the rewards along the way.
This is just one way you can grow your money. Since you get a yearly income from Shares and if you so choose sell your shares when they reach a higher price.
Shares are much saver and offer much more than Bitcoin