Do you love and enjoy taking risk? | Bitcointalksearch.org

Nothingtodo

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Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?

No matter what you say, investing without bitcoins is very risky especially since all the altcoins you invest in can disappear from the market at any time or the market down can destroy the investment forever. But if you were to invest in Bitcoin, there would be no risk even if you held your investment for a long time in the future. So you should not invest in any altcoins other than Bitcoin.

Mate2237

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Quote from: andyou1234 on April 26, 2024, 11:03:01 AM

Isn't investing in crypto not without risk, and it seems like everyone likes and enjoys taking risks because they choose to invest in altcoins or bitcoin, in my opinion investing in crypto requires the mentality to accept everything like experiencing losses, but if you choose the right coin I think you will not suffer any losses.

Life itself without risk is nothing. And for you to become somebody or successful in the society, you have to take a risk to achieve your goal. You can't fold your legs and hands at home and be thinking that things will just come to you. You have to go out and work hard and in the process you must definitely face some risk. But those risks must be a calculated risks because you don't just have to take risks that will not profit you. And from the Op I discovered that he made a mistake by investing in multiple projects. He would invested only in few coins like two which would been Ethereum and Solana plus Bitcoin and watch the list for like some years.

Then coming to the last comment not the Op. Altcoins can't survive without bitcoin because they are all the movement of bitcoin.

andyou1234

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Isn't investing in crypto not without risk, and it seems like everyone likes and enjoys taking risks because they choose to invest in altcoins or bitcoin, in my opinion investing in crypto requires the mentality to accept everything like experiencing losses, but if you choose the right coin I think you will not suffer any losses.

Essential10

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Quote from: Nazmul012 on April 25, 2024, 05:40:34 PM

I don't love taking risk cause most of the time i loss while i tried. That's why i move to safe and secure investment. There are some policies while you are investing. Bear session could be the perfect time but the problem is, your altcoins could dump more from your purchased price. That's why you need to hold for perfect time to sell instead of panic selling. Otherwise you can't profit at all. And never investment the last cash that is last option for you. It could be more risky

Any investment in the world you go into will involve risk, although there is no investment without risk. When it comes to investing in any coin you can't get ahead by analyzing the market or timing unless you pick the right coin. There are so many altcoins in the market that it's really hard to tell which coin will go down and which one will go up. When it comes to investing always invest in low risk coins where Bitcoin is the best to invest in, also if you can invest in top five coins then your chances of future profits are very high. Whether or not to invest your last cash is a personal decision, but you must take risks if you want to be successful.

terrific

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Ops question is still valid even it's been a year that has passed. Altcoins will be nothing IMO without Bitcoin.
Most of the investors will be getting out of the market and some may still in hopes that a new altcoin will emerge that shall hold the influence of Bitcoin when it's totally gone.
This is the reason why many invests on this market because the money that's coming from BTC is going to the altcoins market and when it's gone, the decrease will be obvious to share that it's giving to the entirety of it.

Nazmul012

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I don't love taking risk cause most of the time i loss while i tried. That's why i move to safe and secure investment. There are some policies while you are investing. Bear session could be the perfect time but the problem is, your altcoins could dump more from your purchased price. That's why you need to hold for perfect time to sell instead of panic selling. Otherwise you can't profit at all. And never investment the last cash that is last option for you. It could be more risky

boty

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Quote from: FinePoine0 on February 28, 2024, 09:47:32 PM

Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?

If you want to fulfill your future dreams, you must invest in Bitcoin, it is possible to get benefits if you invest in Bitcoin. Because Bitcoin has been trusted in the market for a long time, Bitcoin has yet to suffer any scams. But investing in altcoins must face logic as thousands of coins have been exhausted from the market. That's why I don't believe in investing in Altcoins, but I do believe in investing in Bitcoin because the price of Bitcoin is guaranteed to rise.

Yes, of course we have to choose Bitcoin as an investment if we want profits that we can get over a long period of time and we have seen that since the beginning of Bitcoin's emergence until now it has developed quite well and many people have been able to benefit from Bitcoin and there are also those who regret it, because they knew from the start but were hesitant to invest in Bitcoin.

In my opinion, it is very difficult to choose a type of Altcoin that has the potential to make a profit from holding it and if we choose to hold it of course carries a very high risk, but if we hold Bitcoin then we will be able to make a profit even if we have to wait for a long period of time.

FinePoine0

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Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?

If you want to fulfill your future dreams, you must invest in Bitcoin, it is possible to get benefits if you invest in Bitcoin. Because Bitcoin has been trusted in the market for a long time, Bitcoin has yet to suffer any scams. But investing in altcoins must face logic as thousands of coins have been exhausted from the market. That's why I don't believe in investing in Altcoins, but I do believe in investing in Bitcoin because the price of Bitcoin is guaranteed to rise.

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Bitcoin is a long term investment. If OP bought bitcoin at that time, he would have made a pretty good profit. However, I feel that the price of bitcoin will soon have an effect on altcoins in the near future, and as long as we have popular altcoins, it is likely that we will also benefit.
After all, the price of altcoins is highly dependent on the price of bitcoin. From previous experience, the price of altcoins will rise after the price of bitcoin rises, but the price of altcoins will fall if the price of bitcoin falls. If something has an effect on bitcoin, then it will likely have the same effect on altcoins. If you want to take less risk with the potential for big profits, then bitcoin is the right place, but it may take time. while for altcoins, the risk is greater, but people prefer altcoins to gain profits in the short term.

God bless u

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Yes you're right but I want to add something to that as well. Taking risks doesn't mean that without any deep research you just dip in and take a big risk it'll just make you lose your asset nothing else. Taking tisk with better experience and knowledge can bring a very good result which an experience traders doing on daily basis

Risks should also be calculated. Go have a deep thought on what you're doing. Check the parameters from your side that you're investing in the right thing and it'll end up in profit. After all these then go for it, it'll still involve some risk but this will mostly lead to positive outcomes.

FinePoine0

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Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?

Bitcoin is the best coin, best to invest here. But if you have more money then you can accept Altcoin. Adopting Altcoins is risky and potentially profitable, but losing Altcoins is much more likely. But if you invest in Bitcoin, the chances of losing it are very low, and Bitcoin has survived faithfully for a long time. But Altcoin is little in terms of reliability, in case you can use Ethereum, BNB, Solana etc tokens.

boty

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Quote from: Dunamisx on February 02, 2024, 08:09:04 AM

There's nothing bad in taking risk inasmuch as we are ready to face the consequences that might follows, which also means that in taking risk, we must take the ones we can afford to bear if the worse should happen, risk is like gambling in which you either win or it comes over you and you loose, any risk that will not put us or our lives in danger should be taken so that we can be able to cope moving on with life if the worst happened.

Yes, of course we have to face risks in carrying out investments and there will be two possibilities that we will get from the risks we take. If we do it right, it will certainly benefit us and if we are wrong in deciding on these risks, of course we will experience losses and we must be able to learn. from the mistakes we have made so that when we are faced with the risk that we are going to take, we are not wrong in deciding to take the risk so that we do not experience failure in the risk we are taking and also we have to measure the abilities we have whether the risk we are going to take is whether it is in accordance with the knowledge we have or not and if it is not the same as the knowledge we have, it would be better to avoid taking the risk and go back to studying first.

Obim34

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Quote from: bastian466 on February 07, 2024, 04:18:55 PM

Quote from: Obim34 on February 03, 2024, 12:25:10 PM

Quote from: Romeotom on February 02, 2024, 01:50:58 PM

Yes it is definitely you can make future profit from altcoins market besides bitcoin. But bitcoin will give you 100% risk free profit amount but risk amount is more than altcoins. bitcoin will give you single profit but to buy altcoins you need to buy more than 2 because only one altcoins will not give you worry free profit. Moreover, the noise in the bitcoin market is high, so you can get more profit in a very short period of time.

In this sense, I think what you mean is to spread our investment when dealing with Altcoins. I will certainly agree with you on this, since there is no absolute corrrectness of getting profits from your Altcoins investment due to scams and poor potentials of the project in the market. Spreading investment into 3 different Altcoins may not still guarantee one's chances of getting profits but as well increases the possibility of profiting from anyone of them who does well in the market.

Dividing our capital into various other altcoins does give us a lot of hope, if one of the altcoins we choose experiences a loss to cover this. We can hope that there are other options that provide benefits so that we can cover the losses incurred. Maybe that's the purpose of dividing our investments. If all options experience losses, it means we chose the wrong altcoin or something else, the market experienced a decline and we entered at the wrong time

Since we can not guaranteed on the success of most Altcoins, it is advisable to pick Bitcoin and some popular old Altcoins that are correlated with Bitcoin to be rest assured of getting profit before analytically looking for other Altcoins with potentials.

babygun

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Quote from: Mehedi72 on February 18, 2024, 10:56:46 AM

First of you, you should had to select potential altcoins. babe doggy, peg memecoin, tron is shitcoin. Don't know why you had bought those altcoins but yeah, Luna was good enough but bad luck. Although top good coins scam rarely than others altcoins. And cryptocurrencies are made for contains risk. But without Bitcoin, altcoins market won't go ahead. It is Bitcoin that instructions others altcoins to following its movement. Bitcoin is only gem in cryptocurrency and eth comes to second gem

All those memecoins including baby doge are shitcoins, but if you buy at the right time you could still make money out of it. I don’t consider Tron as a shitcoin, yeah Justin Sun is a bit dubious but Tron has been pretty stable but is slowly but surely going up in price also.

2Pizza410000BTC

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Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?

Apart from Bitcoin, you can expect to make money by investing in altcoins, but it must be in Ethereum, BNB. Because I never recommend investing in anything other than popular and top coins. If you had just gone ahead with Ethereum after Bitcoin your investment would have been much stronger and stronger you would have had no chance of losing your money you might have been too greedy due to which your money dried up very quickly. There are thousands of altcoins in the market and if you want to go with all the coins then you will be defeated. Always focus on one to two coins to move forward and you will have better success.

Sophokles

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If you weren't a risk taker you wouldn't be here. People who don't like to take risks with their money put their money into savings accounts in a bank or invest in gold or mutual funds. We all like to take risk and sometimes we take more than we can bear. Actually there is nothing wrong with taking a risk if it is based on knowledge and facts. Without knowledge and fact any kind of risk with your investment is like gambling. High risk means high rewards so younger people enjoy doing it.

Mehedi72

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First of you, you should had to select potential altcoins. babe doggy, peg memecoin, tron is shitcoin. Don't know why you had bought those altcoins but yeah, Luna was good enough but bad luck. Although top good coins scam rarely than others altcoins. And cryptocurrencies are made for contains risk. But without Bitcoin, altcoins market won't go ahead. It is Bitcoin that instructions others altcoins to following its movement. Bitcoin is only gem in cryptocurrency and eth comes to second gem

doomloop

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Quote from: Dunamisx on February 07, 2024, 03:38:35 AM

Risk is as good as taking it when it works in our favour, but when we took risk and don't know the reason why we are taking that as it all ends in bad luck that we loose, then we will conclude in saying that taking risk is not worth it and there's nothing like joy after which it cost us, so what I will advise in this is for us to take risk which we can be able to bear and afford, then we should also consider the both side of taking the risk if we can afford either.

If you want something to achieve you need to take a risk but there are just things that no matter how much you try it seems impossible to get. The feeling is disappointing but it's more sad if we didn't try. On the other hand, the feeling is superb if our efforts pay off. It's weird if you are doing a thing and you suddenly ask on what's the point of it. There must be a reason on why we are on that situation.

If we don't know our capacity, it's always better to start at the lowest level and just gradually elevate it once you think you are not struggling on the current or previous one. There are also losses apart from winning and it's important to accept both of them, so that things aren't going to be hard.

JeffBrad12

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Quote from: Dunamisx on February 02, 2024, 08:09:04 AM

There's nothing bad in taking risk inasmuch as we are ready to face the consequences that might follows, which also means that in taking risk, we must take the ones we can afford to bear if the worse should happen, risk is like gambling in which you either win or it comes over you and you loose, any risk that will not put us or our lives in danger should be taken so that we can be able to cope moving on with life if the worst happened.

its only bad if the choice of investment is some random meme coin and luna i mean, why not choose other coin seriously if we invest with money might as well invest in coin that truly matters.
after all luna is known to be a shady scammy coin that even the founder themselves are currently in the run getting pursued and getting extradited around the world i would definitely not gonna think about investing in this coin.
added with the fact that OP here on top of investing in luna invest in meme coin that definitely obvious his money gonna get dried up, if choosing altcoin always choose those that are blockchain based they always give good return with long term holding since they are being utilized heavily even defi is already good enough as long as its not some coin that is already being abandoned or any coin with problematic founders its gonna be fine.
its just that anyone who tries to invest should try to review about the project first before investing.

bastian466

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Quote from: Obim34 on February 03, 2024, 12:25:10 PM

Quote from: Romeotom on February 02, 2024, 01:50:58 PM

Yes it is definitely you can make future profit from altcoins market besides bitcoin. But bitcoin will give you 100% risk free profit amount but risk amount is more than altcoins. bitcoin will give you single profit but to buy altcoins you need to buy more than 2 because only one altcoins will not give you worry free profit. Moreover, the noise in the bitcoin market is high, so you can get more profit in a very short period of time.

In this sense, I think what you mean is to spread our investment when dealing with Altcoins. I will certainly agree with you on this, since there is no absolute corrrectness of getting profits from your Altcoins investment due to scams and poor potentials of the project in the market. Spreading investment into 3 different Altcoins may not still guarantee one's chances of getting profits but as well increases the possibility of profiting from anyone of them who does well in the market.

Dividing our capital into various other altcoins does give us a lot of hope, if one of the altcoins we choose experiences a loss to cover this. We can hope that there are other options that provide benefits so that we can cover the losses incurred. Maybe that's the purpose of dividing our investments. If all options experience losses, it means we chose the wrong altcoin or something else, the market experienced a decline and we entered at the wrong time

Topic: Do you love and enjoy taking risk? (Read 1868 times)