Topic: No risk no gain - page 11. (Read 1850 times)

Not contradictory but misunderstanding rather. From my understanding, Op thought he can only buy the whole bitcoin at time and probably didn't have the financial strength to buy a whole coin and wants his brother to contribute half of the money while he also contribute half of the money too, so they can buy full coin. However, it's ridiculous he said he research about bitcoin but failed to find out that he can buy a portion of Bitcoin with any amount of money he has. I wonder what or which area he focused on while doing his research. Moreover, you don't have to involve anyone in your investment unless you are operating partnership from the beginning. Besides, you can still be into partnership with your brother and have your own personal investment. Partnership in crypto investment is not even ideal due to the nature of investment and its security measures.

Risk is the name of the game, especially in crypto. Damn, riding Bitcoin from 2016 to that ridiculous 2022 top. It proves timing and courage can go far. Bitcoin is wild, but its not only about becoming rich. The goal is to upend our system. The short-term fluctuations are part of life, but the long-term tendency speaks for itself. Regret and missing the boat are common. The real win was your forethought. Bitcoin advocates decentralised money and a different future. Continue to burn - the next wave will come. Technology and concept are growing stronger, but this usually cycles.

Lol, what a ridiculous story.

Are you a man? seems not, you're better to wear skirt.

A man need to be independent, even your friends didn't agree with you, but you know what you doing, just do it by yourself. There are many people who have crab mentality especially your closest friends since you both grew up from the same place/ same school/ same company, but they don't want to see you are more successful than them.

You just proved a point concerning how people look for motivation in others to do a thing, especially if it's something that involves risk. You could've invested the little you could and let your unwilling brother be. We've to realize that it's even a big risk dragging others to invest with us in what they know not of. If it goes wrong, of course they will quickly turn round to blame us. If it goes well, we only get a "Thank you" but never a monetary compensation for leading them into profitable investment. The "thank you" will even be from those who care to show gratitude; others will even act like they never sold or made profit from it.

Regardless of whether your story is true or fabricated, I see it from a positive point of view that experiences like this happen or are experienced by many people.
My focus is not on the truth of your story but your desire to get people to invest in Bitcoin after you find out that the price of Bitcoin has increased a lot every year.
I feel that telling people to invest in Bitcoin based on price increases alone is not the right thing to do.
Someone will invest in Bitcoin if they know a lot about Bitcoin such as how Bitcoin works as a peer-to-peer electronic currency because Bitcoin is not all about price.

I hardly blame your brother here, cause your the one that believed in bitcoin and had done research about it but you didn't chose to take the risk on your own, I think that should be because you had little knowledge about the DCA method that allows you buy bitcoin in portions and at intervals, that way you can buy bitcoin buy yourself without needing any lump sum investment, and even better you wouldn't have been bothered about the best time to buy cause DCA  allows you to buy bitcoin at every market condition.

Buying bitcoin or not buying bitcoin is up to the individual. We cannot force other people to buy bitcoin because it is each person's decision.
If someone is confident in bitcoin and has seen the results, he will buy bitcoin immediately. He won't be swayed by others who say to stay away from bitcoin.
Right now, they still have the opportunity to buy bitcoin. The current price is still low compared to the possibility that the price could rise very high.
So we just provide information about bitcoin and let them decide for themselves.

Because he talk about Bitcoin and also one scam site.1st time I known that's why I said to him investment to Bitcoin.He can't that's why me also no investment.This was 2022 Sir.

As a result, did you still buy bitcoin or do you continue to whine about the lost profitable investment?

Do you regret not buying bitcoin for $31k, $30k, $25k, $21k? Well, you made me laugh. Now I regret (actually not anymore) that I didn’t buy bitcoin for ~$0.6k. You will really start to regret not investing in BTC during this year when bitcoin reaches the $100-$150k level. And you will also continue to regret each subsequent bullrun when you see the new ATH. Do you want to experience this feeling for the rest of your life without ever trying to invest in bitcoin?

Another note: the presence of risk doesn't yet guarantee profit, but profit is, in principle, impossible without the existence of risk.

I learnt my mistake.I want to overcome that I am not worried.Sometimes it's happened in our life.thamks for your good suggestion.

Cheer up! It's fine. It will be a lesson to you already. So the best thing to do is you be prepared and already have knowledge about the market, it could help you to identify when to enter next, you are still not late.
Just think about what happened in $21,000 up to $74,000. Bitcoin will stay.

Since you have been telling your brother to invest why didn't you invest yourself than waiting for your brother to join you invest and then you said you made research about bitcoin right? Okay after making the research why don't you have that fate that bitcoin is something worth investing than you to keep waiting for your brother before you go invest, now that the price has increased would you have your brother to be blamed here or you are to be blame for not taking bold steps to invest.

Usually we had similar stories over the time but, I know that some people even an angel appears to them and say invest they won't invest until they are convinced about what they are putting their money, if they don't get the whole thing clear they won't invest i believe that is now you know that you made a mistake for not investing on bitcoin on time.

Yep, mate that's the truth!
Sometimes, facing a risk can lead to a life-changing opportunity. And this is the same opportunity you missed, but Bitcoin follows such a pattern that it definitely provides opportunities to opportunity grabbers. So now it's okay that your brother didn't believe you, but the first mistake you made was that you recommended a volatile investment like Bitcoin. You had played the role of a financial abuser, but it is good that your brother did not invest in your request because if he had lost, he would have blamed you. 
 
But anyway, OP, now that you don't get any benefit from sitting and regrating, you still have an opportunity to invest because a few moments before halving have just happened, and maybe Bitcoin can hit 180k to 200k in the near future. So you can get a good profit, but I am not giving this financial advice but for an educational purpose.

DYOR!

To invest in Bitcoin, you don't have to go around saying, Let's invest in Bitcoin. It's totally a personal choice. Because investing in Bitcoin requires you to believe in it and have the courage to take risks. In the beginning, many did not have the courage to believe and take the risk of investing in Bitcoin, as you did at the time, and now regret it as the price has surpassed its previous record. But if Bitcoin didn't reach its new ATH and instead the price continued to decline from the price you saw, you might not have regretted it. Instead, you would regret ever thinking of investing in Bitcoin.
  However, I think you need to further educate yourself by gaining proper knowledge about Bitcoin before investing in it. Because you said, you told your brother to invest 50%–50%. But what you may not have known is that instead of buying 100% of your entire bitcoin, you can buy any amount, however small. And then, if you could have done your own research and gotten the right idea about Bitcoin, you wouldn't have needed to ask anyone; you would have taken the bold step to invest yourself and hold on. But we all seem to have some regrets about investing in Bitcoin.
You can still invest in Bitcoin if you want. But in this case, you have to test enough patience as well as have the courage to take risks. And of course, invest what you are prepared to lose.

Sometimes, it is better not to try to convince anyone into investing in bitcoin no matter what the price could be, this is not debatable since you are going to lose some fraction, and if you market goes in your favour you way earn some profits just like what you expected, but you need to apply all the cautions and bear the risks that comes along with bitcoin investment and also know when to buy or sell bitcoin in the right right ways and manners that will not result in any form of loses.

If your decisions are going to rely your brother then he should choose who's going to marry you. 

Kidding aside, when you have an idea of what you invests and you did your research and there's the potential gain, go for the risk. It is true that we gain nothing if we invest nothing. This is the logic in investing but you can start with small amounts.

Do the DCA strategy and let your brother see your gains eventually, he's going to be the one to ask you if it's still okay to invest but I doubt it that you'd say that it's fine to invest when we're hitting all time highs again.

Were you operating a joint account or business with your brother? You studied about Bitcoin and understood that it was a good investment, why were you still waiting for approval or support from your brother. I guess you didn't have the money to invest while he was financially buoyant. But if you had the funds and was just seeking moral support, you made a big mistake. When it comes to invest, you don't need anybody's approval especially if you have verified that the risk is worth taking.

You don't need to spend your time and energy regretting. You still have the chance to invest because Bitcoin price will keep rising. Start investing and stop giving excuses and wasting your time. If you want to make a profit, then you should be ready to take the risk involved. From what I have read and observed, investing in Bitcoin is a worthy risk.

Bitcoin investors only lose when they sell their holdings.  As long as they don't sell when the price falls below their investment price, then  they don't really loss a single penny.  Remember 1 BTC is always equal to 1 BTC, regardless of the price crash as long as the investor has the patience to wait for the market bull run, then the risk they take on investing in Bitcoin is somehow controlled.

@OP, regret is always on the end what is important is the lesson we learned from those mistakes and hesitation.  Now that you have learned your mistake, I think you are now open to invest in Bitcoin even without your brother's share of the investment.  It is not too late to invest in Bitcoin and I think this time is good timing because the market is expected to soar in the next few months and possibly record another all time high.

It is true that if you are not willing to risk something then you won't gain something from it like what you just shared about not taking a risk  which is to invest in bitcoin but when you invest, it shouldn't be a bitcoin that you have to acquire or to buy but depends on the amount of money you are willing to risk for investing in bitcoin. Let's say, I want to invest in bitcoin with an amount of 2000 dollars then that would be at 0.031 btc if the price of btc is at 60k+ dollar per BTC so investing in Bitcoin should not be about owning 1 bitcoin. There's a reason why there's a unit smaller than bitcoin and I am sure you heard about satoshi during your learning time.

I share the same opinion that encourages one to try and dig into any investment opportunity that comes their way before walking away from such opportunity, because what you ignored today might be the biggest opportunity for someone who stick around a bit to understand the intricacies of such opportunities and took a step ahead to invest in them. It is also noteworthy to always dig deep into such opportunities and ensure that your evaluation is solid enough to merit your investment after you must have gotten some well informed clarifications about the investments.

The biggest mistake most people do when it comes to investment is to have only a surface understanding of an investment opportunity then they go straight venturing into it instead of having a deeper understanding of it. In the end most people invest in mouthwatering but untrue or short-term rather always study platforms getting a full details