Should I invest in Bitcoin?
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In 2021, I learned about cryptocurrency for the first time through my friends. Then I graduated from college and started college again in 2023, and now I want to invest in Bitcoin because I want to make money from it. I need to know how it works too. I work as a freelancer as a graphic designer. I work very hard to pay for my college and my costs. At the end of the month, I put some money in the bank. Now that I am interested in investing in bitcoin. Should I put my money into Bitcoin?
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That’s great that you are planning to invest in cryptocurrency. But bitcoin is a risky investment for college students. To get more stable returns, there are other options.
You are working as a freelancer, and you are paying for your college fees, so its better to focus on your job, so that you can become financially stable. Once you are financially stable, you can invest in higher-risk investments like bitcoin.
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Thanks for your advice. But I am planning to invest around $150-$200 in bitcoin. I want to know if investing this much in bitcoin would be worthwhile for around 20 years. Does it make sense?