I have a friend who speaks so much about how good he's life has become ever since he explored the world of BTC and other crypto currency. I also have the desire to get the benefits of Bitcoin and other crypto currency. but as a newbie, I still have this fear that I may not be able to withstand the risk involved. Can anyone advice me on this?
Why are you afraid to take risk? you already done so many risk in your life that you just don't realize that everyday you are at risk, its only your mind that saying you have not done it yet, the only thing that you may regret is you have not take the shot earlier, we all afraid of risk its normal, but we still do it, you have no idea what your friend have to endure to make where he is now, we may see his success but the nights where he can't sleep, stress, thinking what will happen to him is just in the background, taking risk is part of our life, let me tell you a short story about me, i only got 600$ got some other cash but its reserve for emergency, during first 4 months of 2021 still in pandemic, I have to help, to pay the bills, but i have to cover the last 1 and half year, i have to take a risk and bet on a coin which some say is a shitcoin, i don't listen to them, and do my research, hold the coin for a month, i don't expect it will spike that much, turn the money to 5 digits, and help me out a bit, lost some but keep others to help pay rents etc., as you can see, you have to take risk, sometimes but always have a backup plan, im not saying you go all in, but keep some just incase, as you see taking risk is part of our life, take it no regrets, learn from it, do not dwell on failure, take it as inspiration to move up.
I hope this will help you decide, but no matter what its still your call, we are just here to give are advice, and experience good luck.