Is risky to invest this period - page 2.

barisbilgili

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Quote from: Andrija Branislav on June 10, 2023, 01:08:57 AM

Quote from: Joshapat on June 09, 2023, 10:28:09 PM

I think the investment depends on the type we choose, if we are afraid of risk then we can choose a low risk type of investment such as gold, property or something else, but if we hope for big profits like in cryptocurrencies then we must be prepared for the risks that can occur, don't expect get big profit but low risk.

It may be your opinion that it is very important to consider the type of investment when assessing risk. Choosing low risk options such as gold or real estate can provide stability, allaying worries. However, if looking for big gains like cryptocurrencies, one should acknowledge the risks involved always to be prepared for potential volatility and not just expect significant gains without accepting a higher level of risk.

all investments have a risk that is proportional to the possibility of profit, if investing in gold does not have a big risk but the possibility of getting a profit is also very small.
and in crypto with significant movements it is possible to get big profits as well as risks.

and for risks, of course choosing this type of investment has a big influence, for now the market price is declining so it is very risky if we choose short-term investing, but for the current period if choosing long-term investing I think it will be the other way around, it will be very good.

Dimitri94

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Quote from: Wong Gendheng on June 09, 2023, 10:36:53 AM

People who don't want to take risks, don't ever expect to buy things that we think are impossible at this time, I have friends who want to buy BMW X5 worth more than $ 110k and now he can buy because he is mining some coins like Bitcoin, ETH and so on since the year 2014 and in 2018 he realized the dream.

From that point, those who trusted towards Bitcoin and held it would be able to buy any kind of things Because Bitcoin was worth about $300 in 2014 and is about $19,000 in 2018, he will have a much higher return on investment. Holding Bitcoin through Bitcoin mining or purchase that is not the fact, if you hold it for the desire period of time you will be benefited. With the current price of Bitcoin and depending on the potentiality those who invest will have the opportunity to get high returns.

Quote from: Joshapat on June 09, 2023, 10:28:09 PM

I think the investment depends on the type we choose, if we are afraid of risk then we can choose a low risk type of investment such as gold, property or something else, but if we hope for big profits like in cryptocurrencies then we must be prepared for the risks that can occur, don't expect get big profit but low risk.

Risk is a common thing in cryptocurrency. If an investor is not willing to take risk then he will not get any good return on investment. If the risk is less, the amount of profit or loss will be less. It depends on an investor what he wants to do.

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Quote from: Joshapat on June 09, 2023, 10:28:09 PM

I think the investment depends on the type we choose, if we are afraid of risk then we can choose a low risk type of investment such as gold, property or something else, but if we hope for big profits like in cryptocurrencies then we must be prepared for the risks that can occur, don't expect get big profit but low risk.

It may be your opinion that it is very important to consider the type of investment when assessing risk. Choosing low risk options such as gold or real estate can provide stability, allaying worries. However, if looking for big gains like cryptocurrencies, one should acknowledge the risks involved always to be prepared for potential volatility and not just expect significant gains without accepting a higher level of risk.

killerfrost

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IMO, Investing in crypto during this period is still risky, but also has the opportunity to earn high returns. The cryptocurrency market is often volatile and not recommended for the faint of heart. However, if you understand the technology and crypto market well, and have a clear investment plan, this can still be a good investment opportunity. You should learn carefully about the project and coin you are interested in before making an investment decision. Make sure to invest in projects with high potential and are managed by professional managers.

Joshapat

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I think the investment depends on the type we choose, if we are afraid of risk then we can choose a low risk type of investment such as gold, property or something else, but if we hope for big profits like in cryptocurrencies then we must be prepared for the risks that can occur, don't expect get big profit but low risk.

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Quote from: bayu7adi on June 09, 2023, 02:35:05 AM

Hey, bro. We still need banks for certain things, like withdrawing cash from ATMs or sending money to our struggling grandparents. Because, you know, there are still many older folks who don't understand how Bitcoin or any other form of non-paper fiat money works. Even having a small balance in the bank is not something to be ashamed of here, as I believe everyone here still uses various banking services that make our daily transactions easier.

Yes, of course, including myself, one of them is still using bank assistance for personal and family needs to smoothen one's transactions, even though many of us already know about the existence of Bitcoin here, it still doesn't fully apply regarding transactions with Crypto access in general, except for those who know each other, we think the Bank is still very helpful in matters of transactions, as well as payments.

And not only that, we also still use it to save a little savings, and take advantage of the proceeds from our digital Bitcoin Investment Assets to take profits through banks, and we don't think banks are as bad as they talk, besides where we are banks are still an alternative a person for the personal needs of the local office or agency to use Bank access.

Quote from: bayu7adi on June 09, 2023, 02:35:05 AM

Investing all your money in the bank is clearly against the rules. You need to have alternative secure reserves. For instance, if you still have some gold in your home safe, that's not a problem. But if you don't have any other storage options apart from investment platforms, it clearly exposes your finances to higher risks.

Gold is also an investment that may not be too risky and a real place and the value is not too significant, you could say it is more stable than digital Bitcoin investment, but what distinguishes it is in terms of price which is very far away, most people still own Gold. for their savings, this is better than keeping all assets in the Bank.

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Quote from: Wong Gendheng on June 09, 2023, 10:36:53 AM

People who don't want to take risks, don't ever expect to buy things that we think are impossible at this time, I have friends who want to buy BMW X5 worth more than $ 110k and now he can buy because he is mining some coins like Bitcoin, ETH and so on since the year 2014 and in 2018 he realized the dream.

The case example that you are describing is an example of a job that was indeed profitable after your friend dared to put down his capital to mine Bitcoin, ETH and others. This means that he is just braver in the job because maybe he has really mastered it besides he has the ability through his capital, but you also need to realize that not everyone has that kind of ability now so the risk that will be considered by everyone will never be the same as the risk that your friend took.

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People who don't want to take risks, don't ever expect to buy things that we think are impossible at this time, I have friends who want to buy BMW X5 worth more than $ 110k and now he can buy because he is mining some coins like Bitcoin, ETH and so on since the year 2014 and in 2018 he realized the dream.

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Quote from: Lorence.xD on June 09, 2023, 03:04:32 AM

Plus ATM could be used anywhere in case of emergency, for example when you travel across the country and you need cash you could still use your ATM to any machine let's there's a fee for it but it wouldn't hurt for emergency purposes. What you said is actually true when old people doesn't understand the complicated nature of Bitcoin. But when it come to investment it would be better to use your funds in investment where you could control your assets. That's why you couldn't force other people to understand something they don't know we all have different types of convenience to use it's either bank or crypto

It's true that Bitcoin is not widely promoted worldwide, so many people are still ignorant about it, especially if you talk about third world countries, there are many places that don't have ATMs. So what do you say there? But the era is changing now even in the countries of the third world even though there are no ATMs in the villages, various mobile banking have been introduced. I hope that there will be a time in the future that in the places where mobile banking has been introduced, Bitcoin will also be accepted for payment.

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Quote from: bayu7adi on June 09, 2023, 02:35:05 AM

Quote from: drwhobox on March 17, 2023, 07:31:03 PM

Quote from: Greggry on March 17, 2023, 03:10:33 PM

Hold on, but if you must buy now be wise to use spare income.

When it comes to investing in bitcoin, always invest with the money you can afford to lose. This is the first rule of any investment. At least for me, I invest only the money which is in my bank, the reason is clear I don't need that money and I don't want my money to be left in the bank.

Hey, bro. We still need banks for certain things, like withdrawing cash from ATMs or sending money to our struggling grandparents. Because, you know, there are still many older folks who don't understand how Bitcoin or any other form of non-paper fiat money works. Even having a small balance in the bank is not something to be ashamed of here, as I believe everyone here still uses various banking services that make our daily transactions easier.

Investing all your money in the bank is clearly against the rules. You need to have alternative secure reserves. For instance, if you still have some gold in your home safe, that's not a problem. But if you don't have any other storage options apart from investment platforms, it clearly exposes your finances to higher risks.

Plus ATM could be used anywhere in case of emergency, for example when you travel across the country and you need cash you could still use your ATM to any machine let's there's a fee for it but it wouldn't hurt for emergency purposes. What you said is actually true when old people doesn't understand the complicated nature of Bitcoin. But when it come to investment it would be better to use your funds in investment where you could control your assets. That's why you couldn't force other people to understand something they don't know we all have different types of convenience to use it's either bank or crypto

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Quote from: drwhobox on March 17, 2023, 07:31:03 PM

Quote from: Greggry on March 17, 2023, 03:10:33 PM

Hold on, but if you must buy now be wise to use spare income.

When it comes to investing in bitcoin, always invest with the money you can afford to lose. This is the first rule of any investment. At least for me, I invest only the money which is in my bank, the reason is clear I don't need that money and I don't want my money to be left in the bank.

Hey, bro. We still need banks for certain things, like withdrawing cash from ATMs or sending money to our struggling grandparents. Because, you know, there are still many older folks who don't understand how Bitcoin or any other form of non-paper fiat money works. Even having a small balance in the bank is not something to be ashamed of here, as I believe everyone here still uses various banking services that make our daily transactions easier.

Investing all your money in the bank is clearly against the rules. You need to have alternative secure reserves. For instance, if you still have some gold in your home safe, that's not a problem. But if you don't have any other storage options apart from investment platforms, it clearly exposes your finances to higher risks.

uswa56

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Quote from: gunhell16 on June 08, 2023, 06:26:26 PM

It is risky if you don't have a deep idea or knowledge of what you are investing in. It seems like you're just throwing money away for nothing, but if you're the typical investors who just want to hold Bitcoin that you're willing to hold for a few years, you can do it while you're still learning about it.

As long as your aim and goal are to buy it until you have a lot to buy and the price is low right now it's a good opportunity to do it, that's the simple logic of it.

I agree with that and I never thought that it would be risky to invest in the current period, in my opinion it's the opposite, if we have the desire to hold Bitcoin for a long time then now is the right time to enter.
Bitcoin has been proven to be able to recover a long time ago even though the time to reach its highest price takes a long time even several years later but I don't doubt that.
so if you have knowledge about investing and trading Bitcoin of course someone will not say that it is Risky to invest this period.

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Quote from: drwhobox on March 17, 2023, 07:31:03 PM

Quote from: Greggry on March 17, 2023, 03:10:33 PM

Hold on, but if you must buy now be wise to use spare income.

When it comes to investing in bitcoin, always invest with the money you can afford to lose. This is the first rule of any investment. At least for me, I invest only the money which is in my bank, the reason is clear I don't need that money and I don't want my money to be left in the bank.

This is a mistake most people do when investing in crypto.

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Quote from: Greggry on March 17, 2023, 03:10:33 PM

From the look of things bitcoin price will not come up soon, I guess is better to hold on till when it will show strong signal before putting in money again to escape losses and people who their investment is long over due are already victims of the Price dropping. We should try to be careful this period that bitcoin has not direction. Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.

Hold on, but if you must buy now be wise to use spare income.

Great advice but instead of waiting to get very strong signal to when the price is ready to rice is a very wrong advice as that's just a typical a day trader's mentality which isn't right for aong term holder.
Instead of your advice I think k anyone wanting to buy forong term sake shoukd do so with a reasonable amount of money and be ready to bear all the risk and not do so with a relatively very low capital and just ooo for a better deep to buy to hold for the stipulated time.
Bitcoin is a risk investment and digital asset and anyone getting involved ground be ground in the mentality that there is a loss and a profit and these things are made possible by the volatility of bitcoin.

My advice is that we should make sure we invest only the amount of money we can afford to lose rather than let greed drive us into unnecessary mess.

gunhell16

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It is risky if you don't have a deep idea or knowledge of what you are investing in. It seems like you're just throwing money away for nothing, but if you're the typical investors who just want to hold Bitcoin that you're willing to hold for a few years, you can do it while you're still learning about it.

As long as your aim and goal are to buy it until you have a lot to buy and the price is low right now it's a good opportunity to do it, that's the simple logic of it.

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I think the only sentence in the op that makes sense is the op's last lines, which state one should only invest with spare money, there is never a time when it's is advisable to invest money one can not afford to lose in crypto/bitcoin, even when the price is going up, there is still risk involved because, the price can turn around and start going down after one have invested..

And it is very important to always have long term in mind whenever we are buying bitcoin, the mistake many investors make is buying and looking for short term profit, it is very difficult to make profit in the short term most especially in the bear season as this, so when buying, be ready to hold for a very long time.

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Quote from: 19Nov16 on June 08, 2023, 04:16:29 AM

Investments have always been risky, for example when the price of bitcoin is below $ 1 of course many people are afraid to buy because they are worried that the price will drop and there is no more on the market, this is what makes us always have to be vigilant about the investments we hold, don't take too high a risk on unpopular investment types.

it doesn't seem too exaggerated to be afraid of investing in bitcoin but the fear of investing in altcoins and new projects obviously really needs to be considered and analyzed properly.
if someone predicts that bitcoin will reach $ 1, obviously everyone will think very carefully, because an unwanted possibility can occur, namely crypto will be destroyed, but can this happen? it is unlikely that this will happen because when bitcoin drops below $ 10K, it is certain that many investors are scrambling, making the price increase again.

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Quote from: CryptSafe on June 07, 2023, 02:40:49 PM

OP, going by your topic, we should have known that bitcoin is so risky and volatile commodity. So therefore before one would go into the trade, on needs to have a clear thought of it before investing and while investing, one should know that they should invest with funds they could afford to lose if anything happens so it does not affect them in one way or the other.

Invest what you can only afford to lose. I believe that should be the main point. Once you have the idea that Bitcoin is volatile in nature, you should know that it involves risk as an asset because of its volatility. And with this, I think our minds should be free from worries if we invested only what we can afford to lose,so buying Bitcoin at anything will not be something that we need to be thinking continuously, Still, we miss the opportunity. Just buy at anything and trying to hold for a long period of time is the best strategy for someone to meet their profit target.

Quote from: 19Nov16 on June 08, 2023, 04:16:29 AM

Investments have always been risky, for example when the price of bitcoin is below $ 1 of course many people are afraid to buy because they are worried that the price will drop and there is no more on the market, this is what makes us always have to be vigilant about the investments we hold, don't take too high a risk on unpopular investment types.

Yes, this is what does create panic in the minds of investors and those who are planning to enter the crypto industry. Those that are holding coins will be panicking because they don't want to lose everything they have invested, and incoming investors will be thinking if the price goes down less than $1 as you gave example, it will be the best time to buy, and that is how many new investors miss the good opportunity of buying because it may not back less than that, it may now start pumping again. It is good to buy Bitcoin at any time, but the rest is just to meet profit targets and will patient of holding will definitely leed you there.

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Quote from: Sayeds56 on June 08, 2023, 02:06:18 AM

Quote from: hannahB4 on June 07, 2023, 05:04:03 PM

Everybody who started investing in Bitcoin for like 6 years ago now, will tell you that the example you gave is nothing if there is a pump in the price of Bitcoin. It is always risky to invest, one just had to take a leap and invest any amount you will be okay with for a start.

You are correct in your statement that anyone who invested in Bitcoin six years ago or earlier has seen substantial profit , and early birds who who invested a decade ago, have reaped significant benefits from their wise investment decision. These observations indicate that it is never too late to invest in Bitcoin, but prior to making investment decision, it is advisable to understand its fundamental characteristic, historical trends and its market dynamics. Furthermore, carefully evaluate your risk tolerance level before engaging in any kind of investment.

Absolutely, you did justice to making a clearer understanding. People fail to understand the fundamentals of business they wish to get involved in which has resulted to so many regrets. Some people just delve into business because they heard or see people doing do. So it works but for some the reverse is the case.
With respect to bitcoin investment, bitcoin is still in it's early stage and with the current price compared to the last all time high, I think it is at the favorable side of bagging more not to talk of when halving is around the corner.
I think this is a good time for investors to get onboard the bitcoin train before it is too late.

19Nov16

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Investments have always been risky, for example when the price of bitcoin is below $ 1 of course many people are afraid to buy because they are worried that the price will drop and there is no more on the market, this is what makes us always have to be vigilant about the investments we hold, don't take too high a risk on unpopular investment types.

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