11-16-2021, 04:10 AM
Is buying and hold $1,000 in BTC even worth it anymore?
<!-- SC_OFF --><div class="md"><p>Major newbie question, I know. But I'm curious.</p> <p>I'm not a major crypto enthusiast and despite doing a lot of research, all I've come to understand about crypto is that 1. it's very volatile and risky, and 2. it can have serious payoffs when you hold. Still, I have $1,000 of disposable income that I wouldn't mind throwing at crypto and holding for a few years. Is this even a worthwhile strategy, or am I wasting my time? If I'm not wasting my time, which exchange platform would you say has the lowest costs to hold BTC?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/vladimirlovescake"> /u/vladimirlovescake </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qul10y/is_buying_and_hold_1000_in_btc_even_worth_it/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qul10y/is_buying_and_hold_1000_in_btc_even_worth_it/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Major newbie question, I know. But I'm curious.</p> <p>I'm not a major crypto enthusiast and despite doing a lot of research, all I've come to understand about crypto is that 1. it's very volatile and risky, and 2. it can have serious payoffs when you hold. Still, I have $1,000 of disposable income that I wouldn't mind throwing at crypto and holding for a few years. Is this even a worthwhile strategy, or am I wasting my time? If I'm not wasting my time, which exchange platform would you say has the lowest costs to hold BTC?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/vladimirlovescake"> /u/vladimirlovescake </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qul10y/is_buying_and_hold_1000_in_btc_even_worth_it/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qul10y/is_buying_and_hold_1000_in_btc_even_worth_it/">[comments]</a></span>Kind Regards R