Topic: No risk no gain - page 3. (Read 1875 times)

Let's also not forget one thing: having many information is not always useful because they can create a false sense of confidence, you may think you know everything about something when in reality you don't because at the end of the day those are... Information. And markets don't always act in a rational way, we've seen this many times, haven't we?

This incident would've happened in most people's lives. Everyone sees it differently when they hear about it for the first time. With time, they'll start understanding the better part of bitcoin. OP seems wise, requesting his brother to try it first and understand the reality of the market. He had thought to be on the safer side, but he lost the opportunity. If he had entered the market earlier, he could've known better and taken the risk.

Even now, if we go explain it to a person who isn't aware of bitcoin, they'll say, Wow, $70k for a single coin. Thats it, and further, their minds never think of it as a better choice for the future. Later in the year, these people realize that we had an opportunity to make good money and have missed it. The best part is that it is possible to invest based on our abilities, as it has multiple denominations. So, entering the market at the earliest increases the chance of making life better  

OP what you said i mean bitcoin investing is not easy one must have investment knowledge to invest bitcoin. Moreover, you can invest at your own risk and you cannot allow others to invest without investment experience. If your brother had invested here as you said and if your brother had lost a lot in that investment he would have blamed you for the rest of his life. So always invest at your own risk and make yourself invest don't force others to invest. But yes of course you can share advice or experience about investing to a new person. But it is true that in life you have to take risks, if you don't take risks you never get success. Those who have taken risks in life have achieved success in life.

Too much enjoyment of life makes it happen so that we are too complacent with what we have now so that we forget the conditions for the future that we should think about because we will definitely have some conditions where the wheels of life are spinning so that even if we are currently at the top but it could be that on the one hand we will be in a slightly worse economic life and that's what we should anticipate from the start. The problem is that sometimes we are too comfortable with the current situation which makes laziness even greater.

The fact is as you say that in the end sacrifice and hard work are the determinants so that we get better in the future, it's just that things like this sometimes with too comfortable our conditions actually make the situation more complicated because we are like complacent and don't want to think about the future that hasn't happened yet even though it is an important first step to make us successful in the future.

Wrong expectation of their investment results will always show up something negative implications on the actions they do. That's why some people learn their lesson in hard way since they experience those things and it cost a lot of money for them before realizing about everything they do is totally wrong decisions. But everything will come up in process and if they realize something that there's needed to correct on what they are thinking about bitcoin and other action that need to consider for sure everything will be align in place. Those wrongs actions or decisions they do will surely erase out and they will find legit ways to know more about the investment what they are trying to get in. Its bad for some people that they lose before they learn but that's how other people need to go thru so they could ever realize that there's more bigger picture on bitcoin or crypto investment that's why they need to be more careful so that they will not commit bad actions.

This is an eternally true adage in the field of business because if a businessman does not take ricks in the business he will never be able to profit from the business. This adage is equally important when it comes to Bitcoin investing. If one can invest in Bitcoin and hold it for a long time then that investor will definitely have a chance to get a big digit profit from that Bitcoin investment one day. Every business has risks and only those who have the will power to face those risks can profit from the business.

Yes. Of course BTC is not only a real illustration tool in building our investment in the future, whether you want it all at once or the installment/DCA model as in the discussion in this space and for opportunities and when to buy I think it is exactly as you said at any time as long as there is a desire.

For your own profit, if you have used the investment pattern, you don't need to do a lot of calculations, it's best just to wait for the time when the harvest date that we have determined will come. It is very wonderful . Today the market gave us another surprise. Hopefully a new ATH will be born again .

Lots of people actually heard about bitcoin in the early days but were reluctant about it or rather they were too scared to invest in it. In my country it was around that period that a ponzi scam happened and it scammed a whole lot of people and this was an online platform called MMM, it was like an investment opportunity that ask people to invest money and make profit after a few weeks without really doing anything. People were ignorant about ponzi scam then and some people started investing and cash out a reasonable amount which then draw more people in it by believing it’s not a scam platform.  That was how lot of people got scammed after they have invested their money.

This was one of the biggest scam that happened then and it affected a lot of people in the country so ever since people find it difficult to trust any online investment platform. It was the reason why lots of people were reluctant about bitcoin when they first heard of it back in the days. It happened to me as well, my bitcoin journey would have been different if i had invested when i first heard of it or if i had made research about it then.

The most interesting part about bitcoin is that it’s never too late to invest in it and you can always invest anytime you like just that investing early would make you more profit since you will have the chance to invest when the price is lower.

Investing in cryptocurrency is not for the timid. Investing in crypto requires risk If you can't risk in crypto you can't make a profit. OP you said to do something you have to take risk,nothing happens without risk it is true.

I wonder why you want to invest in other people's words, to invest put your own will first then invest because you will invest with your own money and not with other people's money.
With your money you can buy any amount of Bitcoin if you want to invest even if it's a small amount. You may not have complete knowledge about bitcoin so you can learn how to invest and find bitcoin investment tutorials on google that will help you.

Since it is known that Bitcoin has a high return in the long term, it may be said that it will be less risky if you keep your investment for a longer time. Of course, so far Bitcoin has always provided returns in the long term, but there is always risk. There is no guarantee that what happened before will happen again. This is exactly where risk comes into play, and the investor, who knows that Bitcoin has always provided returns in the long term, invests by taking risks.

Sometimes it is necessary to consider investments independently of risk. Watching Bitcoin spread and following the stages it goes through can also be a valid reason to invest.

Being too lazy
Being too delusional
Being liking on everything to be easily acquired and achieved
Being that too confident that they become wealthy on instant

This is why you do come across on different things just because you've been that having those things in mind on which something which is delusional or hopeful.Things in life cant really be acquired so easily on which
you would really be needing that hard work and possible sacrifices on which you would really be needing to do on acquiring something. There are really just those people who dont want that and getting contented on what they have now but in their minds they do want a comfortable life but they arent doing anything. lol

Things like this are actually an easy situation, it's just that when what happens now with the attitude of most people who are lazy, this becomes a polemic even though when they are serious about something, especially for investment in bitcoin, they should realize that it must be done because after all, when you really want to be serious in bitcoin, learning and looking for all forms related to bitcoin so that we are not misguided is actually the basic thing that must be done first so that we know that in the end not only good things exist in bitcoin but there are risks that we must realize from the start.

So that when we understand more about how bitcoin works and how we should respond to bitcoin then at least we know what plans to do but this actually looks like it is difficult to do because we are too lazy in looking for something because our mentality just wants to be fed without wanting to look for yourself.

A lack of preparation makes someone a fool and most likely end up losing their money. If this person never changes his style and market approach, I couldn't think about success but rather expect failure. Yes, we better look at our mistakes in the fast and make this a reason why we should be careful next time and give extra effort to study the market well because investing is not all about money but it is more about strategies and approaches. If some people lose their money because of a lack of knowledge, then we have to do something not to be like them. It is not difficult to do that since information is available already, we only need time and make it serious because every mistake we make can turn our investment fail.

Definitely is certain that most steps we take,we take risks to either lose or gain,and the crypto space isn't excluded from risk.Crypto is volatile and that's the risk anyone can think of,most people only heard about the huge return of Bitcoin investment and fail to heed to the volatility of the coin,in that case when the return of their investment is not forth coming as they expected, that's when the whole thing looks risky to them.Its right you acquire standard knowledge on bitcoin investment and avoid compelling people to invest,you can pass informations to people on what Bitcoin investment is and it's left for them to make their choice or decisions.Most people just get it wrong,that with the little they have they can't start investing but that's wrong even with the little you have you can start accumulating with the DCA strategy that's buying on a fixed amount quarterly, weekly or monthly.

Risk is a risk and will always be there with what we decide, but the risk will not be big because we already know how to manage the risk well. By learning to manage the risks, we can avoid losses from investments. In investing, we must realize that risk is part of the investment and can increase if we do not know how to manage it. We will be careful when making decisions to reduce the possibility of the risk becoming large.

We must realize that we cannot avoid risks, but we can know how to play with them. And yes, someone who can manage their risks well can make a profit, so they will have more opportunities than others.

Taking risks to increase profits is the right thing, but I agree that there are many things to consider before doing so. Some things that need to be considered are that we have some information and knowledge about what we are investing in, and the other is that we take these decisions calmly and in a hurry. I believe that being hasty and without clear information can put a person at great risk, and may be prone to incurring losses.

Right, if we invest our money and expect returns from it then there will be risk. It is not possible for us to avoid risk. But if you are aware and invest with a cool head without panic, it is possible to predict many things and predict a possibility. so if we stop investing because we are afraid of risk, we will not get income but if we do research and invest somewhere then risk management is possible. and those who can invest by risk management I don't think they have to deal with high risk.  so you have to take risk to gain but you have to learn to deal with risk. then it is possible to gain by avoiding risk

If you have knowledge, not only in crypto, but if you have knowledge, you can do well in all fields and can gain. Hence the need for knowledge is immense

It was very difficult to get hold of Bitcoin at that time. And it was quite challenging and very risky to hold Bitcoin on a long-term basis. And it was almost impossible to imagine that the price of Bitcoin would rise so much. Isn't it too hard to expect that the price of Bitcoin can go up 5 times to 10 times? Either way it's been returning profits to those who have held Bitcoin since then, time multiplies their profit.

Have you ever thought about how difficult it must have been to hold bitcoins back in the day? People from that time had no idea how the future would be if they had bought Bitcoin very cheaply, they must have waited for a better price so that they could sell and take a profit, and 2x or more profit must have been more than enough for them. Don't forget that the ones who held their assets from those times were those who weren't active in the industry and came back later on only to find out that they still have some bitcoins in their wallets.

So even though it's true that those who didn't invest back then regret their decision, I bet they wouldn't have been able to keep holding their assets until recent times even if they had bought some at that time. The most they could hold until would be $1,000 I believe.

One needs to have good enough knowledge to be able to minimize the risks attached to an investment because you can't have a good plan if you don't have enough knowledge, and you can only have enough knowledge if you spend enough time learning about the things you are going to get involved in.

Most people make this mistake when they are entering the cryptocurrency market, they are in a rush to make investments and start earning money and in this rush, they forget the most important thing which is to gain knowledge before they get started, and this makes them have a hard time.

If you gain enough knowledge beforehand, you won't face difficulties when you start making investments or trades.