Have you accepted the risk in bitcoin before investment?

[pieppiep]

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.

This is a newbie mindset and they are not properly taught what investing on Bitcoin is and what the risks associated with it, The first sign of losing their investment will prompt these investors to cut their losses, not knowing there's a chance to regain what they've lost.

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.

Before I invite anyone to invest in Bitcoin, I first mention all the risks and dangers of investing, all the bad effects of gambling, before telling them the positive side of investment, we're not investing in a high yield investment but in a technology.

Yes it's always important to tell them the rules and regulation how the investment works before telling them their benefits because when you first present the benefits they would feels so excited thinking there is no risk involved, but when they lose they all regrets investing in bitcoin because they aren't properly oriented about how the investment works.

Indeed your observation is correct it is crucial to explain the rules and risks involved when investing before explaining the merits. In the case of normal gaming people will only listen to the gains that they stand to benefit from but cannot see the losses that are possible. Some of them includes; market volatility, risks and aspects of risk management are some of the issues prospective investors can learn during the orientation so that they are in a position to handle some realities of investing. Such a case will also assist in the way you approach decision making processes and fail to regret when you get some wrong results.

Also good orientation involves sensitization on how to manage on risk reduction instruments such as stop loss, and diversification of the portfolio. Thus, the company and other investors will be able to see that, although investments like Bitcoin are eventually going to be profitable, risks indeed remain and must be mitigated. Besides it assists them in their expectations management, it also helps in enhancing the principal-agent trust within the investment decision making process.

[satpol_PP]

Indeed your observation is correct it is crucial to explain the rules and risks involved when investing before explaining the merits. In the case of normal gaming people will only listen to the gains that they stand to benefit from but cannot see the losses that are possible. Some of them includes; market volatility, risks and aspects of risk management are some of the issues prospective investors can learn during the orientation so that they are in a position to handle some realities of investing. Such a case will also assist in the way you approach decision making processes and fail to regret when you get some wrong results.

Also good orientation involves sensitization on how to manage on risk reduction instruments such as stop loss, and diversification of the portfolio. Thus, the company and other investors will be able to see that, although investments like Bitcoin are eventually going to be profitable, risks indeed remain and must be mitigated. Besides it assists them in their expectations management, it also helps in enhancing the principal-agent trust within the investment decision making process.

That's why investors must understand risk management when investing in crypto, because they don't only think about profits because if they don't understand the rules and risks in crypto investment, we will have difficulty getting bigger profits. In addition to knowledge, experience and skills in trading, an investor must have good risk management skills.

[doc]

Firstly, trading in cryptocurrency required with knowledge and experienced will get after trading, but many trader or new cryptocurrency trader lack knowledge but keep try to trade before learning more. I think firstly needed is knowledge and experienced will get it after trading several time learn more from the mistake.
Cryptocurrency have big risk exactly when investing assets in altcoin, its most important think by trader about cryptocurrency trading can't guarantee profitable every time and must learn more how to avoid loss.

You're right. Knowledge and experience are a must to have in trading. Those who just join in crypto, it is normal that they have lack of knowledge. That's why the beginners need to spend time to learn everything about crypto, specifically about trading or investment. In the beginning, it is no problem to make mistakes, but should do it again the future. We must learn from mistakes, it is also a part of experience.

Invest and trade altcoins have big risks. But if we have knowledge, I think we can deal with the risks. But to take profits every time, I think it is very hard to do. But it is possible if we set small profits.

learning trading requires experience and we must train to become a professional trader. newbies still need a long time to be able to trade well, because making analysis is also not easy because sometimes our analysis can be wrong and cause losses. that's why it is always recommended to have enough knowledge and experience to become an investor or a trader.

[Rubel007]

Indeed your observation is correct it is crucial to explain the rules and risks involved when investing before explaining the merits. In the case of normal gaming people will only listen to the gains that they stand to benefit from but cannot see the losses that are possible. Some of them includes; market volatility, risks and aspects of risk management are some of the issues prospective investors can learn during the orientation so that they are in a position to handle some realities of investing. Such a case will also assist in the way you approach decision making processes and fail to regret when you get some wrong results.

Also good orientation involves sensitization on how to manage on risk reduction instruments such as stop loss, and diversification of the portfolio. Thus, the company and other investors will be able to see that, although investments like Bitcoin are eventually going to be profitable, risks indeed remain and must be mitigated. Besides it assists them in their expectations management, it also helps in enhancing the principal-agent trust within the investment decision making process.

That's why investors must understand risk management when investing in crypto, because they don't only think about profits because if they don't understand the rules and risks in crypto investment, we will have difficulty getting bigger profits. In addition to knowledge, experience and skills in trading, an investor must have good risk management skills.

Crypto market is one of the riskiest platforms. Where an investor has the potential to be exposed not only to profit but also to loss. So an investor must pay attention to risk factors. When an investor becomes skilled at risk management he will be able to recover his losses. Knowledge of risk management can protect an investor from market volatility as well as from being emotional in the market condition. Proper risk management will enable an investor to earn more profits in the long run.

[NotATether]

Crypto market is one of the riskiest platforms. Where an investor has the potential to be exposed not only to profit but also to loss. So an investor must pay attention to risk factors. When an investor becomes skilled at risk management he will be able to recover his losses. Knowledge of risk management can protect an investor from market volatility as well as from being emotional in the market condition. Proper risk management will enable an investor to earn more profits in the long run.

And yet the only risks you face when you buy crypto is if you buy one of those memecoins or pump&dumps, or if you buy at the peak after everyone else has already bought. But arguably, the latter is not as bad as the former, because at least if the price goes down, you only lose a small percentage of your investment and not most of it. If you buy things like memecoins, you really can lose anything.

Bitcoin itself is relatively low-risk; it's mainly the people who trade with leverage (or trade in general) who lose their money.

[Celph]

Moving aside from this question...
All business or investments similarly pertain risk's involved.Before making a bussiness decision,awareness or the risk involved is important.Moving further now,Insisviduals today have a sole mindset of investing in bitcoin with a sole aim of doublimg their money or capital,likewise alot of investors,anyways,it is important to know that while profit would be maximized,loss could also be maximised,dont quote me wrong,loss is inevitable.I myself have accepted this.
While the price of bitcoin may appreciate,the price of bitcoin could also depreciate..loss is inevitable.
However,this concept shouldn't be a barrier in bitcoin investment because making the right choices and having a focused and straightforward mindset brings about profit maximization.
What are your thoughts on this?

[bayu7adi]

And honestly I see this as real, where people who are new to the world of bitcoin are too focused on the price increase, not really realizing that when the price drops it will affect their emotions and can even be a nightmare in some cases. This kind of knowledge should also be realized before deciding to jump in, so the thing that must also be realized is that besides profit, we can also get losses.

[MRY]

And honestly I see this as real, where people who are new to the world of bitcoin are too focused on the price increase, not really realizing that when the price drops it will affect their emotions and can even be a nightmare in some cases. This kind of knowledge should also be realized before deciding to jump in, so the thing that must also be realized is that besides profit, we can also get losses.

For that reason, it is very important for the beginners to develop a sound knowledge about Bitcoin before reaching into the market, as fluctuations in price causes negative feelings withing investors. They have to realize that trading and investing is not all about making money it involves taking losses also. The method to lessen the psychological element is to choose the trading plan of attack, comprising realistic stop loss points and target selling prices, and the allocation of the monies to be employed will not impinge on the pre-requisites of minimum liquidity. However they lack formal education, they can spare time to attend class on price analysis and psychology so as to be composed to counter any unfavourable price swings.

[Rubel007]

And honestly I see this as real, where people who are new to the world of bitcoin are too focused on the price increase, not really realizing that when the price drops it will affect their emotions and can even be a nightmare in some cases. This kind of knowledge should also be realized before deciding to jump in, so the thing that must also be realized is that besides profit, we can also get losses.

Yes, there are even many investors who have lost their money due to not having enough knowledge about Bitcoin and failing to control their emotions. Just as there is nothing to get excited about with a slight increase in the price of Bitcoin, there is no reason to sell Bitcoin on impulse even if the price drops. Bitcoin is volatile and if investors' emotions are volatile with it, it is never possible to make a successful investment. It is only possible to get the expected return from here if one can control himself and hold the investment in any situation of Bitcoin.

[MRY]

And honestly I see this as real, where people who are new to the world of bitcoin are too focused on the price increase, not really realizing that when the price drops it will affect their emotions and can even be a nightmare in some cases. This kind of knowledge should also be realized before deciding to jump in, so the thing that must also be realized is that besides profit, we can also get losses.

Yes, there are even many investors who have lost their money due to not having enough knowledge about Bitcoin and failing to control their emotions. Just as there is nothing to get excited about with a slight increase in the price of Bitcoin, there is no reason to sell Bitcoin on impulse even if the price drops. Bitcoin is volatile and if investors' emotions are volatile with it, it is never possible to make a successful investment. It is only possible to get the expected return from here if one can control himself and hold the investment in any situation of Bitcoin.

This is why success in Bitcoin investment wholly and in part depends not only the technical knowledge but also the temper mood. It can indeed make even become tempted to act on impulse, when the price is moving up and down. However, profit making turns into a risky business if there is no+self control and patience specifically when decisions are made emotionally instead of logically. This is especially true in this market that could be described as unpredictable as tempering down your decision making and keeping or even increasing your investment during tough times are what make the difference towards the realization of the expected returns. Overcoming the uncertainty in Bitcoin investment will therefore be achieved by adopting the strategy of having a long term vision and keep our focus on the first objective developed above for this game of investment in the crypto market.

[SmartGold01]

And honestly I see this as real, where people who are new to the world of bitcoin are too focused on the price increase, not really realizing that when the price drops it will affect their emotions and can even be a nightmare in some cases. This kind of knowledge should also be realized before deciding to jump in, so the thing that must also be realized is that besides profit, we can also get losses.

Yes, there are even many investors who have lost their money due to not having enough knowledge about Bitcoin and failing to control their emotions. Just as there is nothing to get excited about with a slight increase in the price of Bitcoin, there is no reason to sell Bitcoin on impulse even if the price drops. Bitcoin is volatile and if investors' emotions are volatile with it, it is never possible to make a successful investment. It is only possible to get the expected return from here if one can control himself and hold the investment in any situation of Bitcoin.

We must understand that investment are based on knowledge and when the investor has the right knowledge it secure their investment even though they decided to invest in shirt time, it also protect their decision. Investors do not losing investment if they don't have Right knowledge, they losing investment because they don't mindset towards the projected time pull out their investment. One thing about investment is patient to have investment yield out a good profit from their investment.

[Yamzakid]

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.

I made a similar post on the Nigerian local board about how to convince our parents to invest in bitcoin, and the responses I received were beneficial to me because they made me realize that I should not suggest that anyone to invest in bitcoin or any other cryptocurrency, rather, I should concentrate on sharing my best knowledge of it with them. Any investment should be made personally by the person, not by following advice from others, because If you suggest investing to anyone and the outcome is unfavorable, they will hold you responsible. Investing should be based on knowledge.
A lots of people today wish to double their money by investing in bitcoin without having the proper knowledge, which is completely wrong because as we profit from it, we also face losses when the price drops, and the highest possibility of losing is when you don't have knowledge about it.

[Aanuoluwatofunmi]

It would have been more better if everyone have been considering on this before adopting or investing on bitcoin, some were only faced by the urge for making profits and they may want to risk investing at any length even without having the proper knowledge of the thinks at stake after making their decision, some things not just work as we are seeing it from afar, we have to be aware of the reality in going for them.

[0t3p0t]

Well in this case there are two kinds of people one that treated Bitcoin as a currency and one that treated it as an investment so whether where we belong it all has risks and I guess we already accepted that risks. Those who treat it as a currency might complain high fees, very volatile and stuff and yet we chose it while on the investment side it literally has risks like losing when prices goes up or down depending on what strategy we are using short, long or spot whatever it maybe we accepted those risks as soon as we are starting to get involved.

[kulkhan]

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.

It also true that some people think his investment on cryptocurrency mainly Bitcoin will double within short time. I think it is wrong idea and who come in cryptocurrency market and buy Bitcoin but within short time he couldn’t get double then he were disappointed. I think they has no proper knowledge about cryptocurrency trading even crypto market.

But it also true that many people get 2x,3x, 4x even 10x,20x from Bitcoin investment. But that’s time passed. Now get 10%-20% from Bitcoin investment is Very tuff. Bitcoin investment is profitable i strongly believe because till now who invested on bitcoin he is profitable because now Bitcoin price is ATH.