Topic: Is Investing into crypto really safe? - page 5. (Read 867 times)

There is no investment without risk. Bitcoin investment is risky and at the same time it gives good profit if you can be patient with your investment. The problem most newbies have is that they tend yo think that bitcoin investment is a get rich quick scheme and for that they invest in a short term investment which has the highest risk. Sometimes newbies even go as far a taking loan in invest on bitcoin or they use the money that they want to for something important, and if the market dips below their entry point, they panic and sell at run at loss.

The best way to invest in bitcoin is to buy at the dip and hodli for a long term like 4yrs and more, as this will reduce the risk of bitcoin volatile nature because by the time you plan to sell after 4yrs circle, you will definitely be in profit. When investing it bitcoin it is good that you start first with only the amount that you can afford to lose and DCA regularly, either monthly or weekly. You cannot buy bitcoin today and expect it to give you millions the next day, there is no investment like that only ponzi scheme.

when a farmer wants to make profit from farming, he starts by planting and watering, and allowing the crop to grow for some period of time when it is ready to harvest. This is joq bitcoin investment is too, but the difference is that bitcoin circle is four years and longer than that of farming. This is why patience and sacrifice is what is needed to reap from your bitcoin investment to avoid loss.

If you have not invested it is better to invest now because bitcoin is still at a good price to buy.

There are risky in almost all markets even in government bonds. Although in government bonds, the risks are minimized by the government issuing the bonds. Even the stock market which is one of the most popular market have plenty of risks. Risks dey everywhere. You just have to pick your own risks and apply it.

Risk management strategies like DCA and others also help to offset some of those risks.

I used to be a risk taker in the early days with ICO investments — I'm not that much of a risk taker anymore but I'm getting back in the game but by bit.
Here's a popular quote about risks that my friends quote a lot.

Whenever you are taking  risks, always know that you only will be responsible for any consequences brought up later, so before you even try Investment at all especially in crypto make sure you have a good knowledge on what you are investing  on.
Confused and Afraid on what to choose as your choice Investment   Consider holding Bitcoin for a long period  while you earn profit nad you feel like investing decent amount  now is the time

Life is all about risk so investing in bitcoin na one of them. One important thing about bitcoin or crypto na the higher volatility Naim make am more important than other form of investment. Other investment like ponzy scheme go come and go but bitcoin remain thesame. Sometimes the business wey you go invest on fit fall because of no proper management but with bitcoin investment you no need to stress your self because e go dey compound profit for You as bullrun dey come. The best investment na investing on something wey get volatility. Even if volatility be like paper wey dey for air wey breez fit carry am go anywhere, e still better pass to dey stagnant. Because who dey one place wey no dey grow no dey get joy. So investing on bitcoin go give you the hope or opportunity to make profit through higher volatility  

If you want to invest in a reliable crytop currency that doesn't posses the potentialities to profer you nightmares, then you must Invest in Bitcoin and not the AltCoins. Bitcoin has a potential volatility which doesn't posses the abilities run your investment to zero level rather it has a volatile potentials as Pros and Cons which just requires your demands of time and patient to explore in your Bitcoin investment but AltCoins has you no pitty, no remorse and doesn't consider your investment a prior of making profits.

Dat is why den dey always tell us not to invest Wetin u no go afford to lose in BTC investment because, once u agree to join d investment, no say d Market price fit go up through out d year for people wey hodl till dat time to sell to make money, but don't forget say bear run fit occur through out d year dat will mak people not to sell than to continue hodling to avoid lost. Dat is why u need to think wise before making your decision in any investment because, if u make new project your choice, you can experience losses from the investment  but if u make old projects your choice, you will surely earn something dat will give u d boldness to invest another day.

Op you sound like person wey dey talk about about forex instead of crypto. Na true oo say e dey risky to invest for crypto, but your statement dey over hype the risk. I see crypto very risky for those people wey nor do better study before Dem start to dey invest for crypto currency, as it stands if you invest for Bitcoin, you no go dey worry about much risk unlike when you invest for other altcoins. Even though say you never know anything  about crypto you fit get guide to invest for Bitcoin and you'll be just fine. I been dey even expect to see things like seed phrase join the risk wey you dey talk about but you no put am. The volatility wey you talk about naim be one of the reason why crypto dey good to invest in, unlike some stable coin wey no too dey volatile you fit no even get 1 single profit or loss for one month. But Bitcoin or other altcoins fit give you either loss or win. But Bitcoin specifically, if you hold am for long period of time, I bet you say you no go regret.

Na true, cryptocurrency investment de very risy depending on the coin wey you de talk about, if na all dis hyped new projects dem, most na scam dem be, if you want invest in dem, make you know say you de gamble your money, because some go fit to give you many times your investment as profit in a short time, but e fit to dump and become worthless at anytime.

But investment for Bitcoin na im sure pass, if you buy am at di right time, when di price dip, na to hold am until price pump or you wait till bull run and you go get better ROI, e no be like all dos shitcoins wey go waste all your investment money finish. Also some beta top altcoins de wey de reputable like Bitcoin, but you need to carry out research before you buy any altcoins.

No go area na im be crypto trading, weda na Bitcoin or altcoins, you must learn am first, to minimize loses.

Normally every investment na risk. In fact, even life itself na risk because if you sleep there's no guarantee you go wake up. So the risk aspect no be something wey go scare person again as long as you know what you are doing and able to manage it well. From my understanding of your post, e be like say na trading you dey about because na the most risky category of crypto be that wey go make you lose money within a blink of eye.

If you invest in Bitcoin with reasonable amount wey you go fit lose, for sure your money go dey fluctuate up and down but if you go exercise patience and keep accumulating for a long period of time, you go definitely make a profit out of it. The reason some people dey shout about risky aspect of crypto na because some of them invest for coins wey no get future but they still invest maybe because of hype. Not taking risk is too risky on its own but you need to access your risk tolerance before you think of any investment and remember say crypto no be get rich quick scheme, na with patience people dey grind for crypto space.

If that's the case, every investment has risks attached to it and for people that are investment friendly and businesspeople, there is an associated risk with it and that's why risk management is one key aspect that we must learn as people who are interested in joining business.

If you understand this, it becomes more easier for you to invest in cryptocurrencies and have a peace of mind. When there is a bull run or bear, you will be able to manage the issues and control your losses. Being very ambitious is one thing that kills businesses easily likewise is greediness.

This your statement risk responsibly na true and I understand am. Because e better make we risk on better thing than risking on something wey no possible to gain like altcoins wey no get future. The only responsible risk na bitcoin investment.

Then about cryptocurrency being a risky kind of investment na true just like the way you talk about responsible risk. I think investing in bitcoin is the most profitable risk. E better to invest in bitcoin than some gambling wey people dey stake heavily and loose at the end of the day. One thing wey make me like cryptocurrency investment be say your money no dey go final like gambling wey you go play game and If e cut e don go. but for bitcoin, If the price drop your money go drop and if e rise, your money go also rise. So risk is worth taking when you know your destination. Just like knowing Your end from the beginning.

Exactly, most people don't know the right time to invest most jump into investment without any proper research due to fomo. That why is always advisable to invest on BTC mostly when yah newbie because the risk attached to is not as much as the risks attached to most cryptocurrencies. Because any time bitcoin undergo any dip it's always bounce back to beat that same price well as @Charles-Tim said never too late to invest in BTC.

The most important things to first know are the coins to invest on and the right time to buy. Some people will invest on a shitcoins while some people will invest at the wrong time. These are the two most costly mistakes someone that wants to invest on coins and tokens can make.

The recommended coin is bitcoin. Make further research to know some other ones. Last year has been the time we have been advising people to invest in bitcoin, but it is never too late for now.

Crypto currency investment na risky kind of investment, because Several risk dey associated to this kind of investment, crypto currencies dey very volatile, come dey make crypto investors more vulnerable to losses,  but most persons no dey reason am , them invest in am heavily and most of them done cash out, and still most of them still loose money, crypto investment fit profit you or fit make you loose money before you close eye open, because the price fit climb or drop before you close eye open. E better to take the risk, but take the risk responsibly.