Dear Reddit Community,
I am 29 years old, and currently have 30K in cash and 10K in raw stocks of companies. (I know the 30K cash is not good, but I am new to investing and hence very skeptical)
I am planning to invest in Bitcoin, because I have been reading about Bitcoin being used in some way to offset debt by the central banks in the future and also how Bitcoin can withstand time(inflation) and space(liquid and transaction-able globally).
My concern is:
- Is this a good time to purchase? If I buy now, am I buying it expensive ?
- How much percentage of my current cash should be put into bitcoin? Or should I do this systematically as spaced investments?
I really appreciate your comments and suggestions!
Thank you!
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