You may be feeling a little lost or left behind within the world of Bitcoin and investing, and let me tell you now, that is perfectly normal. Pretty much all of us have heard of Bitcoin at some point but have never actually paid too much mind to it. That is until 2020 and 2021 had their say.
Suddenly, out of nowhere, Bitcoin was the talk of the world and the name on everyone’s tongue. Celebrities, influencers, and billionaires were suddenly obsessed with this digital form of currency and within no time at all, it had absolutely blown up. So, by now you definitely know that Bitcoin has been absolutely killing the game and is surging at this current point in time.
You are probably more than aware that Bitcoin is a cryptocurrency and that when its value spiked, it is people’s favourite thing, but when the value drops, people are less than happy about it. It has also been around for a long while considering the fact that it was first introduced to the public in 2009. The main question on everyone’s mind right now is the reoccurring question, ‘if billionaires are buying Bitcoin, should I?’.
While that is a pretty fair and straightforward question, you must remember that when you buy Bitcoin, you could be setting yourself up for a lot of success but also potential money loss. This is your biggest and most important asset you are putting into this, so losing it is not at all what you want. Bitcoin is a lot more complex and difficult than people think it is, and while it is pretty good most of the time, you still have to know what you’re doing
You can’t just go into it blindly, buy, and then expect it all to become good for you. You need to do hours upon hours of research to make sure you are getting the absolute most out of your Bitcoin investment. While some people have probably seen success from just winging it, that is likely a rare case and doing your research and staying educated really is in your best interest.
One of the most popular cases in recent times of a celebrity buying Bitcoins was Maisie Williams who plays Arya Stark in the hit series ‘Game of Thrones’. She asked a big question on her Twitter account which got fans absolutely stirring. She asked if she should invest in the prevalent form of digital currency in which she got hundreds of thousands of answers. She along with Snoop Dogg, Mike Tyson, and Ashton Kutcher are some of the more well-known celebrities that we know currently invest in Bitcoin or have in the past.
The thing is, while celebrities are one of the main influences in the world right now, you also have to remember that they are building their already great wealth, not trying to start building wealth. So, yes, maybe you should consider investing in Bitcoin, however, just remember to acknowledge the differences between you and the celebrities so you can personalise your own journey. If you are interested in continuing your Bitcoin journey, head on over to the Bitcoin Era login and start a new life with financial freedom.