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Author Topic: Have you accepted the risk in bitcoin before investment?  (Read 29751 times)

Offline SmartGold01

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #150 on: November 16, 2024, 11:52:15 AM »
Seems you do not understand why people choose bitcoin over time and over other currencies is that if Bitcoin dump or lose value there is every possibility for Bitcoin to rise back to the previous price were you buy it before, and also bitcoin can rise above the previous price to reach another price level. So Even through you decide to hold back that same bitcoin you invested without selling there is every chance for the price to rise again, but no altcoin can rise back especially the newly listed altcoin in the market doesn't hold that potential to rise back when due.
There is nothing to understand here, maybe you didn't understand what I said. And what I think most of the people when they do bitcoin investment they don't have much experience especially if you see now the market cap of bitcoin but it's increasing day by day that means people are investing right now. This is also mainly due to the hype of the bull season but I think most of the people who are investing now are investing based on the hype that the price of Bitcoin has gone up so much and will go up further. And those who are currently investing I think most of them are new investors and many of them have no analysis knowledge. As a result most of them will lose and so on. Bitcoin miners will gain this year's profits.
In bitcoin investment usually there are people who lose while there are people who gain, it's just vice visa. The thing is that when investing in cryptocurrency precisely altcoin we should mind how jump into the market as it's not as bitcoin investment  and of a true people like new investors that are coming for a specific target usually lose investment when the market may have seems to change direction and price movements seems not to have resulted how they planned it they would all lose as well.

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #150 on: November 16, 2024, 11:52:15 AM »

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #151 on: November 16, 2024, 08:26:12 PM »
In bitcoin investment usually there are people who lose while there are people who gain, it's just vice visa. The thing is that when investing in cryptocurrency precisely altcoin we should mind how jump into the market as it's not as bitcoin investment  and of a true people like new investors that are coming for a specific target usually lose investment when the market may have seems to change direction and price movements seems not to have resulted how they planned it they would all lose as well.
There are many new investors who don't invest in Bitcoin just thinking that the price of Bitcoin is too high, maybe they won't be able to make much profit by investing in such a huge amount of coins. It is true that if you don't invest in Bitcoin on a large margin, the amount of profit will not be high, but it is not a risky investment like altcoin.
What I think is that no one told them that you have to buy one bitcoin at a time and make an investment. If they want, they can follow the DCA scheme and increase their bitcoin amount in the long-term by making regular bitcoin investments. But they will not do this, they will see how to generate more money in a shortcut and this is where they make the mistake of investing in altcoin and later face loss.

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #151 on: November 16, 2024, 08:26:12 PM »

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Offline SmartGold01

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #152 on: November 16, 2024, 10:21:38 PM »
In bitcoin investment usually there are people who lose while there are people who gain, it's just vice visa. The thing is that when investing in cryptocurrency precisely altcoin we should mind how jump into the market as it's not as bitcoin investment  and of a true people like new investors that are coming for a specific target usually lose investment when the market may have seems to change direction and price movements seems not to have resulted how they planned it they would all lose as well.
There are many new investors who don't invest in Bitcoin just thinking that the price of Bitcoin is too high, maybe they won't be able to make much profit by investing in such a huge amount of coins. It is true that if you don't invest in Bitcoin on a large margin, the amount of profit will not be high, but it is not a risky investment like altcoin.
What I think is that no one told them that you have to buy one bitcoin at a time and make an investment. If they want, they can follow the DCA scheme and increase their bitcoin amount in the long-term by making regular bitcoin investments. But they will not do this, they will see how to generate more money in a shortcut and this is where they make the mistake of investing in altcoin and later face loss.
Yes you are right!
One time but off is always risky and judging from the price it seems too expensive to acquire therefore they would go into altcoin they felt that profit will be much higher, and of course everyone wants quantity and quality but in all they want in a way were they would hold at least enough volume of coins without knowing that even though they buy just some fraction of bitcoin is worth far more better hold shitcoin in their portfolio.

Offline dekafee79

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #153 on: November 16, 2024, 10:28:13 PM »

There are many new investors who don't invest in Bitcoin just thinking that the price of Bitcoin is too high, maybe they won't be able to make much profit by investing in such a huge amount of coins. It is true that if you don't invest in Bitcoin on a large margin, the amount of profit will not be high, but it is not a risky investment like altcoin.
What I think is that no one told them that you have to buy one bitcoin at a time and make an investment. If they want, they can follow the DCA scheme and increase their bitcoin amount in the long-term by making regular bitcoin investments. But they will not do this, they will see how to generate more money in a shortcut and this is where they make the mistake of investing in altcoin and later face loss.
If investors are buying bitcoin now, of course the price is too high and risky for them, they should have bought bitcoin 2 years ago and held it until now. The DCA method is the most effective method for me, because I have a small capital. and I have been doing it for a year now.
And now I am still doing it, I am making profits from trading and with DCA I started adding coins to my wallet.

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #154 on: November 17, 2024, 06:10:19 PM »

If investors are buying bitcoin now, of course the price is too high and risky for them, they should have bought bitcoin 2 years ago and held it until now. The DCA method is the most effective method for me, because I have a small capital. and I have been doing it for a year now.
And now I am still doing it, I am making profits from trading and with DCA I started adding coins to my wallet.
Although I wanted to continue with my DCA investment, I stopped investing in my DCA scheme for a few weeks. Because a single Bitcoin is in the current position, it is very difficult to guess whether Bitcoin will take a downturn or a pump. It may be because of my panicking but I will still say that those who are investing following DCA scheme can continue their investment.
But if those who are currently coming to make this big investment in Bitcoin, it will be nothing but foolishness. Because this is not the right time to invest in Bitcoin. Bear season is the right time to invest in Bitcoin, so I think it's better not to invest now.

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #155 on: November 22, 2024, 05:58:48 PM »

Although I wanted to continue with my DCA investment, I stopped investing in my DCA scheme for a few weeks. Because a single Bitcoin is in the current position, it is very difficult to guess whether Bitcoin will take a downturn or a pump. It may be because of my panicking but I will still say that those who are investing following DCA scheme can continue their investment.
But if those who are currently coming to make this big investment in Bitcoin, it will be nothing but foolishness. Because this is not the right time to invest in Bitcoin. Bear season is the right time to invest in Bitcoin, so I think it's better not to invest now.
since bitcoin hit ATH, I stopped using DCA method and I better keep it in USD and wait for correction to happen. It may sound like I am being too cautious because seeing bitcoin price is already high and altcoins are starting to move up I think it is very risky to make a decision to buy now.
I better wait because it is possible that after bitcoin reaches $100K we will see correction.

Offline enwi

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #156 on: November 23, 2024, 10:29:45 AM »

Although I wanted to continue with my DCA investment, I stopped investing in my DCA scheme for a few weeks. Because a single Bitcoin is in the current position, it is very difficult to guess whether Bitcoin will take a downturn or a pump. It may be because of my panicking but I will still say that those who are investing following DCA scheme can continue their investment.
But if those who are currently coming to make this big investment in Bitcoin, it will be nothing but foolishness. Because this is not the right time to invest in Bitcoin. Bear season is the right time to invest in Bitcoin, so I think it's better not to invest now.
since bitcoin hit ATH, I stopped using DCA method and I better keep it in USD and wait for correction to happen. It may sound like I am being too cautious because seeing bitcoin price is already high and altcoins are starting to move up I think it is very risky to make a decision to buy now.
I better wait because it is possible that after bitcoin reaches $100K we will see correction.
Waiting for the right moment to re-enter the market is of course a decision that many people are waiting for if we want to minimize risk. But it is still a must that we should always see to it that the strategy that we plan to apply corresponds with the company’s goals and objectives, whereby, exclusivity must not be placed on the area of price soaring. It can be true that Price corrections can be an opportunity but then the Crypto market can go up or down beyond expectations. That will never happen since whales who have unlimited money are always on the lookout. Or diversification or how to think about a gradual allocation or what is commonly known as DCA in certain circumstances can be the solution so that we continue to interact with potential growth without have to take such huge risks at one time.

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #156 on: November 23, 2024, 10:29:45 AM »


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Re: Have you accepted the risk in bitcoin before investment?
« Reply #157 on: November 24, 2024, 07:18:27 PM »
since bitcoin hit ATH, I stopped using DCA method and I better keep it in USD and wait for correction to happen. It may sound like I am being too cautious because seeing bitcoin price is already high and altcoins are starting to move up I think it is very risky to make a decision to buy now.
I better wait because it is possible that after bitcoin reaches $100K we will see correction.
It's depend on your strategy but I think market is doing some correction  and here I think DCA could applied also I am thinking about right now that I can start my DCA continue if Bitcoin below 95k. Because after seeing the use market cap of Bitcoin it's feel something that Bitcoin Bull season doesn't end yet maybe we are going to see some use run on the fast quarter of 2025.
And I also think that many people also did there long term DCA investment by targetting the 100K price of Bitcoin for those I am thinking that it's nothing wrong about stop their DCA scheme and having book some profit.

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #158 on: November 24, 2024, 07:37:04 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.

No doubt, some people don't want to think of the risk involved in investment rather, they are being carried away with positive testimonies.
It is something common with most bitcoiners especially when it comes to referring people to Crypto, they wouldn't spend much time to explain the risk associated rather, they'll only tell how their investment was successful....
This is common on social media.

I guess to the newbies, it is very much preferred to DYOR after being persuaded to invest in any Cryptocurrency before putting money into it.
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Offline ErinOrtiz

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #159 on: November 25, 2024, 04:16:40 PM »
A lot of people jump into Bitcoin thinking they’ll double their money overnight, but they don’t always get how unpredictable it can be. Prices can go up fast, but they can crash just as quickly, and if things go south, they’re looking for someone to blame.
For me, I stick to what I know. I’ve been messing around with CS:GO and CS2 skins for a while, and honestly, it’s been a way easier and more chill way to make some extra cash. Actually, you can sell cs2 skins instantly [nofollow]. It is straightforward and doesn’t feel as risky as trying to guess where Bitcoin is heading.
« Last Edit: December 03, 2024, 11:35:52 AM by ErinOrtiz »

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #160 on: November 25, 2024, 08:11:19 PM »
No doubt, some people don't want to think of the risk involved in investment rather, they are being carried away with positive testimonies.
It is something common with most bitcoiners especially when it comes to referring people to Crypto, they wouldn't spend much time to explain the risk associated rather, they'll only tell how their investment was successful....
This is common on social media.

I guess to the newbies, it is very much preferred to DYOR after being persuaded to invest in any Cryptocurrency before putting money into it.
Socials sometimes post success storeys that make investing feel like a money hack to make big profits when they don’t tell the storey behind them. For those who are new to crypto this can have an impact on how they tend to make decisions. We can as a community refresh our memory to prompt each other to give a more wholesome picture including the perils (if any), helping new ones to make better decisions in line with their situation.

Filling my pants before I get into doing too much, taking the time to learn the basics of crypto assets, will not be wasted. By having complete information we can learn from the outcomes of other people without either being inspired or having any kind of clue as to what steps to take towards those outcomes. So, investing becomes safer and there is a better chance of success in the future.

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #161 on: November 25, 2024, 09:01:15 PM »
First of all, I don't convince anyone to invest on Bitcoin or just any other scheme it should be at their own will and I can only act as guide about how to do things like
How to install a wallet
What should be the right way to buy Bitcoin like picking the exchange.
And why they should avoid P2P trading as beginner

To answer the question for title, Yes I have accepted the risk involved in crypto investment that came after years of experience.
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Online Aanuoluwatofunmi

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #162 on: November 25, 2024, 09:01:23 PM »
Most of those investing in crypto are leaving behind this critical aspect of answering the question if they have accepted the risk involved in the investment they are going for, this is not about having the eagerness for making an investment, but the acceptance of risk and the way we are going to manage to cope in case the worst happened after we have invested already.

Offline SmartGold01

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #163 on: November 26, 2024, 11:18:36 PM »
Most of those investing in crypto are leaving behind this critical aspect of answering the question if they have accepted the risk involved in the investment they are going for, this is not about having the eagerness for making an investment, but the acceptance of risk and the way we are going to manage to cope in case the worst happened after we have invested already.
That's why risk management is an essential tools to towards investment/trading. When an investor accept risk associated to trading it makes them be able to risk the amount which they can free up themselves. But if going into investments and they didn't accept the risk then it's likely they don't know what they are doing and when the investment is lost automatically they regret every single bits of their invest.

Little amount = little risk
Medium amount= medium disk
Higher amount= higher risk.

Offline MRY

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Re: Have you accepted the risk in bitcoin before investment?
« Reply #164 on: November 27, 2024, 12:04:05 PM »
Most of those investing in crypto are leaving behind this critical aspect of answering the question if they have accepted the risk involved in the investment they are going for, this is not about having the eagerness for making an investment, but the acceptance of risk and the way we are going to manage to cope in case the worst happened after we have invested already.
That's why risk management is an essential tools to towards investment/trading. When an investor accept risk associated to trading it makes them be able to risk the amount which they can free up themselves. But if going into investments and they didn't accept the risk then it's likely they don't know what they are doing and when the investment is lost automatically they regret every single bits of their invest.

Little amount = little risk
Medium amount= medium disk
Higher amount= higher risk.
The concept of risk appreciation is very important in any investment or trading activities. Any decision made has to be taken in light of our ability to absorb losses of possible undertakings. With this awareness, we can be more relaxed when the market moves not as expected because the decision has been influenced by appropriate calculations.

However, if we enter the market with no awareness of what may happen in it, then the outcome is usually disappointing. Hence, the understanding of the strategy is very crucial in case all actions taken would be more formal and not really dangerous. Investment is perhaps the most efficient when good management is put into it in order that no losses are incurred and always high profits made.

 

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