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Author Topic: Have you accepted the risk in bitcoin before investment?  (Read 2513 times)

Offline DabsPoorVersion

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #30 on: January 28, 2024, 04:31:10 PM »
There is people who only come to bitcoin investment with the mindset to instantly double their money within the period of change in bitcoin without knowing what the price of bitcoin could turned out to be within next moment. So before discussing with anyone about bitcoin or to invest in bitcoin carefully pass the knowledge about the volatility level before they could finally take their decisions to investment in bitcoin or any other cryptocurrency because whatever that happens to the person's fund you could held responsible for misleading them to invest in cryptocurrency that leads to their lost.
The reason is not because they are inexperienced, but I see it as interesting to see how they see it. It makes them reveal themselves that they are new to the crypto and make their decisions with their investments based on the stories they hear from other people. It is important to know that making a profit from Bitcoin investments is not easy.

It is important to educate newbies about cryptocurrency investment before we can suggest them to invest. Cryptocurrency investment is not as simple as buying low and selling. There are different factors we need to consider when investing. If they don't, they will likely lose their investment. That's why it is important to ensure that they are well-informed before investing.
« Last Edit: March 07, 2024, 11:56:48 AM by DabsPoorVersion »
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Re: Have you accepted the risk in bitcoin before investment?
« Reply #30 on: January 28, 2024, 04:31:10 PM »

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Offline DaNNy001

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #31 on: January 28, 2024, 04:42:02 PM »
I agree with you, mate. Not very long ago, I read the comments of a Bitcoiner who said that "Bitcoin is not a get rich quick scheme, nor is it a get poor quick scheme." It is the duty of every individual to properly learn and understand Bitcoin before they can make a successful investment that can yield a profit for them.

Some people have actually invested in Bitcoin because their friends ask them to do so or because they want to make quick earnings, not knowing that Bitcoin investment really requires patience.
Some people are interested because of the fable that is being told to them by their friends, I remember one time I was with my friends on a guy's get together and there was this particular friend of mine that keep bragging of how he made thousands of dollars during the last bull run and at that time I wasn't really acquainted with the crypto space and it made me wonder how true and possible is this but unlike like most people I had the leverage to actually go make more research before ever getting myself involved in something I don't really understand.



Offline tbct_mt2

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #32 on: January 28, 2024, 05:05:24 PM »
Some people are interested because of the fable that is being told to them by their friends, I remember one time I was with my friends on a guy's get together and there was this particular friend of mine that keep bragging of how he made thousands of dollars during the last bull run and at that time I wasn't really acquainted with the crypto space and it made me wonder how true and possible is this but unlike like most people I had the leverage to actually go make more research before ever getting myself involved in something I don't really understand.
The truth is it is very easy to get money, profit during a cryptocurrency market bull run. You can get profit with Bitcoin, Ethereum, top altcoins, hidden gems and even shit coins. It is a common story you will hear, like one you was told by your friend.

Another truth which is hidden and less likely told, is you will also easily lose all your profit and even initial capital when a bull run ends and you did not exit the market at a right time. By continue to hope that market will be different this time, shitcoins will continue to multiply their prices, you will bet more, don't stop your greed.

Eventually you lose all around the end of bull market and some early months of bear market.

Offline Rubel007

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #33 on: January 28, 2024, 05:52:49 PM »
There is people who only come to bitcoin investment with the mindset to instantly double their money within the period of change in bitcoin without knowing what the price of bitcoin could turned out to be within next moment. So before discussing with anyone about bitcoin or to invest in bitcoin carefully pass the knowledge about the volatility level before they could finally take their decisions to investment in bitcoin or any other cryptocurrency because whatever that happens to the person's fund you could held responsible for misleading them to invest in cryptocurrency that leads to their lost.
There are many investors who are ready to invest as soon as they know about high return. Many have heard the name of Bitcoin and know that it is a get rich scheme. They don't know what Bitcoin is, how to invest or what it takes to invest, so they just try to do money management, which spells a big disaster later. Because they keep their investments in a highly bullish market without knowing about the market, when the market starts to bearish, they get more frustrated and sell their assets at lower prices to reduce their losses. Before investing, an investor must know the market conditions and gain proper knowledge about the risks involved.

Offline TopT3ns

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #34 on: January 28, 2024, 08:34:19 PM »
There are many investors who are ready to invest as soon as they know about high return. Many have heard the name of Bitcoin and know that it is a get rich scheme. They don't know what Bitcoin is, how to invest or what it takes to invest, so they just try to do money management, which spells a big disaster later. Because they keep their investments in a highly bullish market without knowing about the market, when the market starts to bearish, they get more frustrated and sell their assets at lower prices to reduce their losses. Before investing, an investor must know the market conditions and gain proper knowledge about the risks involved.
Investors should not only look at the potential profits that can be obtained but should also look at the risk that the price movement of a cryptocurrency can never be predicted and, of course, has a high risk when the price suddenly falls to a low price and makes many people trapped at high prices. Digital currency like Bitcoin will only depend on electricity and the internet. Imagine going back to the past when there were lots of wars going on, then the electricity and internet went dead, and in the end you couldn't access your Bitcoin wallet, so that's one of the important things. when you want to invest in Bitcoin.

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #35 on: January 28, 2024, 11:03:27 PM »
There is people who only come to bitcoin investment with the mindset to instantly double their money within the period of change in bitcoin without knowing what the price of bitcoin could turned out to be within next moment.
One of the things that we must understand and prepare when we invest in Bitcoin is readiness for all risks. By knowing and understanding these risks, we will better understand what we should do.

These include:
- prepare the best possible mental analysis so that we can control our emotions and control them when our investment is not as we expected.
- Managing our finances when investing, make sure to use free money and an amount that we can afford to loose
- Make sure we understand other risks related to the security of our assets, so that we can be more careful in protecting our privacy
- Don't expect to get rich overnight, because if it's not appropriate, it will make us easily discouraged. Follow the flow, the era of Bitcoin will definitely exist. Hold them tight

Offline Doctor

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #36 on: January 29, 2024, 01:36:31 AM »

First of all, I will answer the question in the title: I always think about both opportunity and risk in every trade, meaning that every investment can generate profits or losses. As long as they are within my investment appetite, I will participate

You're right every investment will generate profit and loss.
We should always ready to accept  the risk of bitcoin, before investment.
Investing is how to manage our money and reduce the loss.
Always focus to be the winner, could gain profit and good mental to manage emotions.


The second: I never dare to give investment advice to others. We have different capital sources, risk tolerance and profit tolerance, we should not be responsible for the financial status of others. When they are profitable: they rarely thank us. When they suffer losses: they often find ways to blame 

Share our analyses and predictions are not blame.
But always say DWYOR.
Because there are people who blame when they lose  and are silent when they make a profit.
It's human


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Re: Have you accepted the risk in bitcoin before investment?
« Reply #36 on: January 29, 2024, 01:36:31 AM »


Offline fruktik

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #37 on: January 29, 2024, 08:46:24 AM »
Some people are interested because of the fable that is being told to them by their friends, I remember one time I was with my friends on a guy's get together and there was this particular friend of mine that keep bragging of how he made thousands of dollars during the last bull run and at that time I wasn't really acquainted with the crypto space and it made me wonder how true and possible is this but unlike like most people I had the leverage to actually go make more research before ever getting myself involved in something I don't really understand.
It's not a smart decision to brag about your crypto earnings. I understand that your friend has not yet seen the unfortunate consequences of this. Well, yes, they haven't caught up with him yet, but that's fixable. If you were him, on the contrary, you should keep quiet about it and do your job quietly. There's no telling who might show up later and start extorting money through violence. There are enough such envious people and bandits to go around. Why life and examples of other people do not teach us anything? There are so many stories on the Internet about this, and he is talking like this.

Offline 0t3p0t

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #38 on: January 29, 2024, 04:49:44 PM »
If you are not gonna accept the risk in Bitcoin before investment I think there is no reason for you to invest because it is a suicide if you keep on insisting. Knowledge is needed with your own due deligence to really understand how things work in crypto space. We all know that there is no shortcut in making profits with Bitcoin investments so you might need to have technical or even basic skills and ideas about anything you are trying to invest into especially Bitcoin.

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #39 on: January 29, 2024, 06:25:31 PM »
Of course, I had already invested before I knew about bitcoin. At the beginning I didn't really know what it was but I knew that it was quite volatile and as such it can give you a lot of profit but it can also go down a lot and fast. In the end I realised that, as in the stock market, the best investment in bitcoin is slow and boring, buying regularly as far as you can afford and forgetting as far as possible about the ups and downs of the market.

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #40 on: January 30, 2024, 10:04:26 PM »

Of course, I had already invested before I knew about bitcoin. At the beginning I didn't really know what it was but I knew that it was quite volatile and as such it can give you a lot of profit but it can also go down a lot and fast. In the end I realised that, as in the stock market, the best investment in bitcoin is slow and boring, buying regularly as far as you can afford and forgetting as far as possible about the ups and downs of the market.

You're right, invest in bitcoin if we want to gain big profit needs a long time to do.
Buy and always buy when bitcoin price still low.
And hold for 3-4 years.
It's annoying but worth.
Before I invested in bitcoin at the past, I learn more . It seems fluctuate, But bitcoin can give us a lot profit.
We know, bitcoin always have halving and touch bullish every 4 years.

Offline Nheer

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #41 on: January 30, 2024, 10:25:11 PM »

Of course, I had already invested before I knew about bitcoin. At the beginning I didn't really know what it was but I knew that it was quite volatile and as such it can give you a lot of profit but it can also go down a lot and fast. In the end I realised that, as in the stock market, the best investment in bitcoin is slow and boring, buying regularly as far as you can afford and forgetting as far as possible about the ups and downs of the market.

You're right, invest in bitcoin if we want to gain big profit needs a long time to do.
Buy and always buy when bitcoin price still low.
And hold for 3-4 years.
It's annoying but worth.
Before I invested in bitcoin at the past, I learn more . It seems fluctuate, But bitcoin can give us a lot profit.
We know, bitcoin always have halving and touch bullish every 4 years.
Long time investment is the best way to profit big when investing in bitcoin. Buying at every dip and accumulating bitcoin to hold for about 3-4 years and more can be somewhat profitable and less risky than short time investments.
It has not been too long I started investing in bitcoin though it is long I know about bitcoin and cryptocurrency but situation in my country wouldn’t let you trust any online investment. I hesitated because I don’t have the required knowledge to understand it’s concept at that time but i am glad it is never too late to invest. I am adopting DCA strategy and accumulating gradually.


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Re: Have you accepted the risk in bitcoin before investment?
« Reply #42 on: February 06, 2024, 09:27:56 AM »

Long time investment is the best way to profit big when investing in bitcoin. Buying at every dip and accumulating bitcoin to hold for about 3-4 years and more can be somewhat profitable and less risky than short time investments.
~snip~


I think hold bitcoin  for long term investment, it's the best  way to gain profit. Yeah , 3-4 years we should hold  bitcoin. But when bearish and hold until bullish season.
It's no risk, but we should know about risk before investment.
Do research and know the risk.
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Offline 0t3p0t

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #43 on: February 06, 2024, 10:22:02 AM »

Long time investment is the best way to profit big when investing in bitcoin. Buying at every dip and accumulating bitcoin to hold for about 3-4 years and more can be somewhat profitable and less risky than short time investments.
~snip~


I think hold bitcoin  for long term investment, it's the best  way to gain profit. Yeah , 3-4 years we should hold  bitcoin. But when bearish and hold until bullish season.
It's no risk, but we should know about risk before investment.
Do research and know the risk.
Yes as knowledge may calm us down in every events crypto have especially bearish and bullrun season, it will protect us from making wrong decisions. Knowing the risks surrounding the Bitcoin and crypto investment is a must to reduce the possibility of being broke. It is true that long term investment offers less stress than short term.

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #44 on: February 06, 2024, 03:36:31 PM »
If you are not gonna accept the risk in Bitcoin before investment I think there is no reason for you to invest because it is a suicide if you keep on insisting. Knowledge is needed with your own due deligence to really understand how things work in crypto space. We all know that there is no shortcut in making profits with Bitcoin investments so you might need to have technical or even basic skills and ideas about anything you are trying to invest into especially Bitcoin.
The price of Bitcoin has very high fluctuations, this is the basis that we must know and learn before we invest in Bitcoin.
I think a real investor must learn this, especially since they usually enter large amounts. 
And it's true that this is not easy to do, it will take a long time before we can do research or analysis and find brilliant ideas to get bigger profits from this Bitcoin investment.

 

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