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Topic: Is risky to invest this period - page 3. (Read 1908 times)

member
Activity: 286
Merit: 25
CRYPTO WEB3 NEOBANK
June 08, 2023, 03:02:51 AM
Bitcoin is volatile and cannot be predicted. The price is up about 30% over the past 7 days which can be an indication of further price increase, but it is impossible to be certain. Just buy if you want to, and now is a good price to do so.

If you look at it, future financial market movements, including the price of Bitcoin or other cryptocurrencies, have risks, and the market can be very volatile. However, if you are already proficient in trading, I don't think it's a significant obstacle, anytime someone can enter and buy, not only now, but for the right time and cheap, like you said.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
June 08, 2023, 01:06:18 AM
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.
member
Activity: 532
Merit: 13
June 07, 2023, 04:04:03 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.
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
June 07, 2023, 03:33:55 PM
Investing in any asset, including Bitcoin, always carries a certain level of risk. Cryptocurrency values can be very volatile, and their prices can fluctuate quickly. Today and yesterday who would have thought something like this would happen. quite a lot of panic and did not think it would happen like that. no one can accurately predict the future movement of an investment.

Every investment, regardless of its nature, carries a certain level of risk. Even schemes like Ponzi schemes, which promise quick returns, come with their own set of risks, they may work for a while, allowing early participants to cash out, but eventually, later participants can lose everything, been patience is  very necessary when it comes to investing. Taking for isnatce, those who bought Bitcoin at $10 and held onto it demonstrate the rewards of long-term patience and discipline, they have witnessed the value of their investment skyrocket over time, transforming them into millionaires and that is why everyone should approach investments with a long-term perspective.
member
Activity: 1165
Merit: 78
June 07, 2023, 03:07:23 PM
Investing in any asset, including Bitcoin, always carries a certain level of risk. Cryptocurrency values can be very volatile, and their prices can fluctuate quickly. Today and yesterday who would have thought something like this would happen. quite a lot of panic and did not think it would happen like that. no one can accurately predict the future movement of an investment.
Yes, there are risks associated with every investment, but these risks can be reduced or altered if one is aware of the fundamentals of the market. Despite, the risk the Bitcoin market has investors can choose not to make a loss only by not panic sell, holding for the long term, and investing the amount they can afford to lose.
sr. member
Activity: 728
Merit: 421
June 07, 2023, 01:40:49 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.
However, investing in bitcoin at this period is no bad but as I see this as the right time to bag more and moreover, the price is very low now to purchase as much as one can afford to without any issues.
Going by the current market situation or trend, this is actually the right time to buy more as it is far below $30k and come to talk about it, next halving is around the corner and we all know when that happens, it would get to a new all time high.
full member
Activity: 785
Merit: 105
June 07, 2023, 11:25:31 AM
Investing is not just about making profits; it's also about managing risk and working towards long-term financial goals. Therefore, you must clearly understand their investment goals and risk tolerance. By creating a well-thought-out investment strategy, you can make informed decisions and be better prepared to navigate the ups and downs of the market. In addition, emotional decision-making can lead to impulsive actions that may not align with long-term goals. That is why it is important for investors to stay calm and rational, focus on investment strategy, and stick to predetermined plans. Ultimately, investing should be approached with a long-term perspective, be disciplined, and be focused on risk management to increase the likelihood of achieving financial goals.
member
Activity: 286
Merit: 25
CRYPTO WEB3 NEOBANK
June 07, 2023, 11:19:14 AM
Investing in any asset, including Bitcoin, always carries a certain level of risk. Cryptocurrency values can be very volatile, and their prices can fluctuate quickly. Today and yesterday who would have thought something like this would happen. quite a lot of panic and did not think it would happen like that. no one can accurately predict the future movement of an investment.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
June 07, 2023, 10:51:05 AM
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.

It may not be the right time to take entry in  crypto market, as it is passing through difficult times these days due to recent allegation made by SEC against Binance for violating rules and regulations in USA. This unfortunate incident has increased the risk level  Binance accused by SEC for violating rules and regulations in USA. This unfortunate event has increased the risk level in crypto market as Binance and USA is a leading economy of the world. The potential departure of Binance from such a crucial market could give rise to liquidity problem in the short to medium term. Therefore, it may be prudent to wait for the return of stability in the market before making any investment decision.
hero member
Activity: 2058
Merit: 710
June 07, 2023, 09:17:08 AM
Many other investors are not knowledgeable about investing in the crypto market, everything the price of bitcoin can change in a day if there is the influence of big news, so if you invest in doing regular research on the movement of bitcoin prices and use investment funds that are suitable without affecting the need for priority funds, then you will focus on investment funds for the long term without being affected by market corrections that can occur at any time.

The advice you give is quite good, although it seems more towards those (investors) who are not knowledgeable in the crypto space. Because those who have been investing in the crypto space for a long time with long-term targets, of course, already know how to use funds for investment so that they don't disrupt their lives when their investment hasn't developed or hasn't made a profit.

So those who are experienced will not carelessly use any funds for investment, unless they have provided it specifically for investment, although not in too large amounts. So I really agree with the advice you said where every investor only uses funds that are specifically for investment without using daily priority funds for long-term investments.
hero member
Activity: 2478
Merit: 512
Leading Crypto Sports Betting & Casino Platform
May 31, 2023, 02:16:15 PM
I believe your friend made a mistake when he was planning to invest because he should have tried to take the risk to do so for the long term rather than the short term and should have been considering what the market might become. I don't believe anyone has ever invested in bitcoin for the long term and regretted it; it just depends on the plan that you made on your own. Whenever we invest and the price drops, we should try to remain calm and see what happens because bitcoin price can change in a day.
Many other investors are not knowledgeable about investing in the crypto market, everything the price of bitcoin can change in a day if there is the influence of big news, so if you invest in doing regular research on the movement of bitcoin prices and use investment funds that are suitable without affecting the need for priority funds, then you will focus on investment funds for the long term without being affected by market corrections that can occur at any time.
sr. member
Activity: 602
Merit: 306
May 31, 2023, 01:42:40 PM
I believe your friend made a mistake when he was planning to invest because he should have tried to take the risk to do so for the long term rather than the short term and should have been considering what the market might become. I don't believe anyone has ever invested in bitcoin for the long term and regretted it; it just depends on the plan that you made on your own. Whenever we invest and the price drops, we should try to remain calm and see what happens because bitcoin price can change in a day.
hero member
Activity: 3052
Merit: 685
May 31, 2023, 01:39:19 PM
If you have to buy now, using your spare income to invest can be a good option, however, there should also be a limit and don't invest more than you can't bear. bear the risk. In addition, you should always set long-term goals and not be affected by short-term market swings.

Make sure that an investment is a prudent decision and should be based on thorough research and evaluation. Do not focus too much on short-term information or the current market situation, but should consider the whole to make a reasonable decision.

Well, if you can really do it now then do it and start your journey right away because we really don't know what will happen to the market if you will wait until the price will decline again to your projected buying price. But firs and foremost, before all of those investments will happen, you should know what you're stepping into and make sure you have already done your research so that you will not be overwhelmed or be shocked about what is happening in the market, moreover, there is no such thing as guarantees in any investment field especially here in cryptocurrency where everything is volatile and has its own risks.
sr. member
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
May 31, 2023, 01:20:25 PM
In the past few weeks, the market has seemed stable and has trended up slightly in the past few days. But that really doesn't reflect the fact that it will break the 30k resistance it reached a few months ago or whether this is really just a pretend rally followed by a steady decline. It is impossible to predict how this will continue because of bitcoin. It may have been a few years ago when its price was low that many of the recipients had a high percentage of correctness, but at the moment this is very low. So wait for a news release next month to evaluate its move as well as make a personal plan.
hero member
Activity: 2058
Merit: 710
May 31, 2023, 05:33:47 AM
Yes, that's right, every investor should have to change the mindset like this, which we must hold as an investment principle. Investing has the same opportunity, between losses and profits. it's just that we have to be smart to see when to buy and when to sell. Crypto investments do have to be prepared for high risks compared to small risk properties, but all of that can be skipped if we keep learning and keep looking for information.
Information about crypto is also frequently updated every year so that almost every year it is necessary to dig up the information needed and what is related to the market so that investors can also be more calm in investing. And apart from that, the principle that must really be instilled in investors is actually not to sell before making a profit, so they really have to learn how to hold it for the long term so that their investment can always bring better results.

Quote
In my personal opinion, yes, for long-term investments, now is the right time considering how many percent the price of bitcoin is falling. What we have to believe Bitcoin will go up after 6 months - one year after the halving, That's the real fact. Halving 2024 means buying at 2023 and selling at 2025. That's the supply & demand logic.
Can you confirm this now for a period of 6 months before the halving occurs? Because if you are only guided by facts that have happened in the past, it will not be very accurate. Because given the market conditions that are always different every year and the conditions of supply and demand for Bitcoin are also not always the same every year, so there are still other considerations other than what you said.
sr. member
Activity: 616
Merit: 317
Vave.com - Crypto Casino
May 25, 2023, 01:12:04 PM
If we ask whether it is risky to invest now then we will never invest at any time, investment has the same opportunity between risk and profit, never expect high profits while the type of investment we choose is low risk like property, try high risk investments of course don't using all the money we have.
Yes, that's right, every investor should have to change the mindset like this, which we must hold as an investment principle. Investing has the same opportunity, between losses and profits. it's just that we have to be smart to see when to buy and when to sell. Crypto investments do have to be prepared for high risks compared to small risk properties, but all of that can be skipped if we keep learning and keep looking for information.

In my personal opinion, yes, for long-term investments, now is the right time considering how many percent the price of bitcoin is falling. What we have to believe Bitcoin will go up after 6 months - one year after the halving, That's the real fact. Halving 2024 means buying at 2023 and selling at 2025. That's the supply & demand logic.
sr. member
Activity: 1386
Merit: 406
May 25, 2023, 01:05:01 PM
The best time to invest is when the price is at its bottom. With bitcoin it isn't possible to identify which is the bottom price. We need to move along with the market. Investment on bitcoin have high risk associated with it, but we should have the mind to invest unlike the price.

Simply an investor should have the patience after investing, surely he'll be able to enjoy the profit out of the investment. Watching the charts will make the investor feel bad at times, but the profit is assured. For this reason whenever it is possible just invest atleast through the DCA or some strategy that let you have bitcoin at the best price.
Arguably the best time for an investor to invest is to buy a coin when the market is down. But due to the volatility of the market over time, it is impossible to be sure when the market will top out or whether the market will go down or up from the current situation. But by considering the current and past figures of the market, it is possible to predict how the market may go in the future. When it comes to Bitcoin investment, now is a good enough time to invest in Bitcoin. Because the price of Bitcoin is currently relatively low. If you invest at this time, you can expect something good from the market.
sr. member
Activity: 1904
Merit: 256
Vave.com - Crypto Casino
May 25, 2023, 12:01:06 PM
Well, I think the market has been unstable for some time. it does look like the market is going down, but some show that there is also an up market, but don't be fooled, it could just be a fake bull that was deliberately made by the popes. we only see how the crypto trend now seems like they are running out of news as fuel to be able to raise prices high, so crypto, especially bitcoin, has a slow upward movement at this time. different in previous years where news easily attracted or pushed prices up or down.
hero member
Activity: 2058
Merit: 710
May 25, 2023, 10:31:07 AM
If we ask whether it is risky to invest now then we will never invest at any time, investment has the same opportunity between risk and profit, never expect high profits while the type of investment we choose is low risk like property, try high risk investments of course don't using all the money we have.
Every investor who already knows the level of risk in an investment, of course there will always be prior consideration of whatever investment he wants to make, because it is absolutely certain that an investment with a small level of risk will definitely give birth to a small profit as well. Whereas for investments with a large level of risk, it is certain that the profits will also be large so that this kind of thing is of course very well understood by old investors who often invest in several sectors with different levels of risk.
full member
Activity: 588
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Epsiloan Protocol
May 24, 2023, 06:13:25 PM
All crypto seasons are risky, so if you don't wanna take it then don't invest at all. If you ask me if I take a risk, yes I and almost all bitcoin holders know the risks.
Elsewhere you suggest bitcoin as a means of payment. do you occasionally forget about the risk of volatility or how it is handled? Imagine yesterday a friend with 0.0001BTC wanted to buy chicken meat today, but instead he only got an egg.

Crypto vitality is so high. This is one of the key reason why it may be difficult for it to be used as payment in buying goods and services. Only crypto stable coin are better.
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