it's so risky! - page 7. | Bitcointalksearch.org

Stable090

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Quote from: cafter on April 21, 2023, 02:13:26 PM

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

You should know that any investment you are making is risk, but you should do more research to know if the risk really worth it, their are some investment that don’t really worth taking that kind of risk. Also if you are not really a strong person, maybe you are having some health challenges, then always make sure you reduce the way you take risk, incase if you lose money in the investment, it won’t affect your health condition. Let me use this as example, if you are planning to invest in cryptocurrency and you are seeking for advise to either invest in bitcoin or altcoin, I will recommend you invest in bitcoin because it’s less risky compare to investing in altcoin, if you can hold your bitcoin for long, then you are good to go, but also don’t invest what you can’t afford to lose.

lizarder

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Quote from: cafter on April 21, 2023, 02:13:26 PM

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.

80% of the total savings is big in my opinion, for a beginner they should try to take an approach according to what they can afford to lose, especially if you haven't mastered the basics of investing. But if you want to invest in bitcoin for the long term it is the best way to go and doesn't need much consideration.

Quote from: cafter on April 21, 2023, 02:13:26 PM

do taking risk is important or not?

It depends on how you understand investing, but if your knowledge is lacking in investing then taking risks is a bad decision?

Quote from: cafter on April 21, 2023, 02:13:26 PM

please quote all question and answer it's very helpful for me and others.

The first thing you have to understand is that all forms of investment are very risky and you can never avoid this risk, but you can reduce risk by understanding the investments you are making.

Knowledge is important before you take a chance on investment and you also have to choose one of the best coins out of the many available. My advice is to try to learn bitcoin and when you understand it, then you are just starting to invest, so you won't experience panic over negative conditions on a corrected bitcoin journey.

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Quote from: cafter on April 21, 2023, 02:13:26 PM

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

If you are afraid of risk then you are not ready to face the challenges of life. And you are not ready to make money in the world. You have to make some thinkable risk and face the risk to benefit from it. As a risk phobia, the 80%/if too big for you. I recommend 20% to test your faith and if you succeed them you can increase the amount. And don't rush to I bet but look right and left before start the invest. Before you start the investment, make sure you have understand the market term plate. So that it will be a good outcome for you. Many people give up on investigate because they were not good to analyze the market before entering. You don't have to enter the market if you are not good for it.

hannahB4

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Quote from: cafter on April 21, 2023, 02:13:26 PM

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

In any business the higher the risk involved, the higher the profit. Just know what you are good at and interested in before you could go into any business or investment, be sure you have all its takes like physical, financial, and emotional.

fullhdpixel

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Quote from: cafter on April 21, 2023, 02:13:26 PM

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

I don't find investing 80% of total savings a viable option no matter what the investment is. You should only invest a portion of it, maybe 50% only in cases where you know that the investment you are about to make will bring sure profit. I don't think risking your savings and 80% of it is in any way a good option at all.

I would personally not invest a percentage that high from my savings in cryptocurrencies. If I'm about to make an investment in Bitcoin, I might go for 50% of my savings with it but not 80%.

darkangel11

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If you're a young person willing to take the risk, it's fine, but the important question is: how big is that 80%?
You see, 80% of a net worth of a teenager is something completely different from 80% of a business owner. Even age isn't a very good indicator because you could be a young son of a millionaire, or someone who worked part time for years and kept saving up. How much back in time will losing that 80% put you? Will you need a year to earn it? Maybe 10 years?

If you feel like doing it, do it. Don't regret anything, but remember not to put everything in one asset. Split it if you can, buy some bitcoin, hold the rest in cash. If you have a lot of money, buy land, gold and bitcoin and see hoe you do in 10 years. I think the bitcoin investment will outperform everything else, but don't blindly follow others. Do what you feel good doing.

I feel good with most of my money in bitcoin, but I had it when it was very cheap and it's not going that low ever again.

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Quote from: cafter on April 21, 2023, 02:13:26 PM

I don't invest money easily in any asset because of fear of losing that money.

If you are afraid of losing what you have invested, then just don't do it and you just have to save enough, it may be safe for you, but it will not produce anything unless you will experience inflation as a result of holding fiat and not daring to invest.

Quote from: cafter on April 21, 2023, 02:13:26 PM

i think of investing 80% of total savings.

80% of the total savings can you do with the needs of 20% as long as your living expenses? This also needs to be considered again and what type of investment you will and will do because now there are many types of investment variations that you can make including gold, stocks, crypto, etc. It only remains for you to choose whether to choose a risky investment but with high returns or a low-risk investment that you are not will produce so big.

If you believe in BTC why not do it with this coin? Of course, there is definitely a downside risk, but bitcoin has more potential in my opinion.

Quote from: cafter on April 21, 2023, 02:13:26 PM

do taking risk is important or not?

It's important, but taking risks on altcoins is wrong.

YinShuiSiYuan

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Taking risk is good but before going for that just check your investment and its return. Investments should br done in a profitable venture to avoid big loss .
And it's not necessary that big risk can cause you any harm, in today's world investment is important for a smooth life.

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Quote from: cafter on April 21, 2023, 02:13:26 PM

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

Risk taking is not a bad thing as long as it is applied in the right place. So before taking any risk or investment, you better do your analysis. In this case if you want to invest in crypto currency then I will tell you to select Bitcoin for investment because it is high volatile but above all in terms of security.

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Quote from: cafter on April 21, 2023, 02:13:26 PM

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

I think it depends on what you are risking for, it is not that important its an optional, if you take risk specially in crypto you need to sacrifice or put your money as a capital without thinking that it will return back to you because you take the risk of possible loosing this is not too important because you can also choose not to risk but you will only gain small amount if you do what is normal, most of the people who take the risk and invest big amount of money also earn big money so choose wisely.

virasisog

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Quote from: cafter on April 21, 2023, 02:13:26 PM

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

Investing will be profitable if you're investing in the right asset. It will always be risky but it all depends on how you will deal with the risks. They say the higher the risk, the higher the profit that you can make but you always have to be skeptical and wise in choosing the risks that you will be dealing with. You need to research the legitimacy of a certain investment that you will choose and check how it will work in the long run. There are different forms of investment but always choose a well-founded and well-established form of it.

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Quote from: cafter on April 21, 2023, 02:13:26 PM

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

Risk taking is always up to the individual. No one will ever force you to take risks. And it doesn't matter to you. However, there is no alternative to taking risks to achieve success on these digital platforms. You must take the risk. Seeing the risk of financial assets, if you keep the financial assets only in savings, then that money will never increase. You need to think about how you can increase your money by using your savings. And in order to make money using money, one must take risks.

You plan to invest 40 percent of your assets. But you have not mentioned here how much total assets you have. If you disclosed how much 40 percent of your net worth is in international currency, it would be easier for everyone to comment.

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Quote from: ichsan ardi on April 22, 2023, 09:16:27 AM

Quote from: cafter on April 21, 2023, 02:13:26 PM

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

taking risks is important but if investing 80% of your total savings is very risky in my opinion you should have an emergency fund before investing in my opinion 30% is enough for you to invest you also have to think ahead before you invest and have to think about all the risks that exists because investing is not always profitable stay safe.

Investment means taking the risk. No investment will give you an assurance of profit; it will always be present. Managing the risk is simply being aware of the amount you are ready to engage with, having the idea of letting go if incase things won't happen as expected. If you are scared to the negative outcome then investment should not be an option on your end 'coz you'd more likely end up with regrets or hasty decision. Meaning, loss is more likely the result than profit. In order to lessen this feeling, try investing first on the knowledge or knowing where you are engaging yourself and money with. Investors who won big time did not achieve such thing without suffering from loss. They made the sacrifice which gave them fruitful outcome.

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Quote from: cafter on April 21, 2023, 02:13:26 PM

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

This where you starts losing money, whenever you are afraid to money then that when you will be open to lose the money because at then you might not make the right decision on what project to invest which might slightly results investing in a wrong project. That is why, if you want your investment to be secure the way you think, best option is to channel your investment to bitcoin. Why is more secure and reliable than any other altcoin there.

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Every investment is risky, it just depends on how you manage your risks. Business and investing can be really tricky, but you really need to put in the time and the effort for you to harvest its fruits. It takes time, it takes a lot of burned money, and it's a part of the journey. What's important is that you don't get discouraged. I've had my fair share of disappointments and losses in investing and in fact, I may have lost a lot but eventually reached a point of breakeven because I refused to take a loss.

Just gain the knowledge you need to gain before putting in money on some things you don't fully understand yet. Try observing the market first and gauge whether you can invest on it or not.

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Quote from: Hispo on April 21, 2023, 10:10:17 PM

~snip

If you go to a wall street dinosaur, he may tell you to only get 10% of your money into Bitcoin, while people in this community can go as far as 80% or more, all it. It is about our own risk tolerance.

The wall street dinosaur has a vested interest in persuading his clients to invest less in bitcoin and more into the stock market, from which the dinosaur will get his commission from each client.

Quote from: cafter on April 21, 2023, 02:13:26 PM

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

Those who invest money easily will lose it quickly.

Reasonable caution in investments will never be superfluous. I would say that the risk is inevitable. Therefore, your 80% of assets can be invested in stages, and not all at once. In general, you have a reasonable strategy: to leave part of the assets as a reserve.

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Quote from: cafter on April 21, 2023, 02:13:26 PM

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

taking risks is important but if investing 80% of your total savings is very risky in my opinion you should have an emergency fund before investing in my opinion 30% is enough for you to invest you also have to think ahead before you invest and have to think about all the risks that exists because investing is not always profitable stay safe.

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Just a sign of someone who hasn't really researched what investing knows, I find this to be the mentality of many people when they really only make decisions based on other people's behavior. Doubting about things you don't understand is a common sentiment among anyone, but the problem I see from the OP is about taking risks. What is considered fake risk in any market is based on research bias, perhaps lack of experience has led to this.
I personally have experienced the same mentality, so I just want to remind OP to research everything when you are really ready, don't rely on feelings or follow anyone, your own judgment Through specific situational experiences will help you see the problem more clearly. Even if you fail, how will you proceed with it?

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Quote from: cafter on April 21, 2023, 02:13:26 PM

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

If you're scared to lose your funds in investment then I think it's not for you. Investment always have a risk with it's volatility, your savings might got liquidated if you don't have the proper knowledge and understanding about investment. If you don't afford to lose your money then it wouldn't be recommended to risk your savings. 80% is actually a huge amount that you might lose. I suggest you to start with a small amount first for you to gather experiences and idea about investment. Don't always all in if you're not still familiarize in the methods of investment. Risking is important as it gives you opportunity than nothing, but it would only count if the money at stake is you can afford to lose, not only you'll save your mental and emotional with that scenario, also your savings would get drained for emergency purposes.

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Quote from: cafter on April 21, 2023, 02:13:26 PM

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

It sounds like you are still hesitant to invest money in any asset for fear of losing it, and are considering investing 80% of your total savings and I think it's completely understandable to aim for caution in investing, especially if you are inexperienced or have no understanding Be thorough about the assets you are considering.

My opinion is that taking risks is important for financial growth and building wealth. However, it is important to consider the level of risk and potential loss before making any investment and diversification is also key to managing risk and minimizing potential loss because the goal of all that in the end is to make a profit, not even a loss in investing. Cheesy

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