No risk no gain - page 7. | Bitcointalksearch.org

boyptc

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Quote from: Negotiation on May 02, 2024, 07:26:37 AM

Quote from: martinex on April 30, 2024, 10:54:52 PM

Quote from: boyptc on April 30, 2024, 08:37:59 AM

Once they start to gain that and analyzes what they want to invest, they'll start to consider it.

On this, there's no need to force them but you shouldn't be too dependent with others decision. And right, invest what you can afford to lose.

Yes, of course, with investment conditions, not trading. Quite a lot of our friends who lose in the face of market voluticity, on average 40% of capital is lost due to mistakes in trading, only 10% of which is able to accumulate profits, he has also been up and down before.

But, I agree with what you said above we will be more careful in the course of investing in this crypto because if you make the wrong decision the consequences are very damaging and make our morale decrease. It is quite difficult and difficult to get money now admitted or not.

Rightly said because many have little knowledge about crypto so caution should be exercised. Trading is a risky investment with high volatility and should generally only be considered if you have a high risk tolerance are already in a strong financial position and can lose some or all of your investment. Never invest in anything with the belief that you will not lose profit or capital. There really is no such thing as an easy way to make a lot of money without risk.

The market itself is highly volatile, so start it out with Bitcoin because the volatility has never been gone. And to consider the good side, always consider that every investment requires risk.

If one tells you guaranteed things, avoid them. If people tells you that their investments don't have risk, avoid them.

You have the signs of what to avoid when someone speaks about investments, and if those signs were found, they're not true investors.

Perfectbaby

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Quote from: bSpend on April 30, 2024, 10:45:02 AM

You are absolutely right, for if we were to be really honest with ourselves, even the life that we live is a risk we take everyday, imagine going to sleep everyday, without an assurance of any kind, that you will wake up the next day, or a few hours later, isn't that a enough risk already?.

"Try hard, or die trying" is a very popular 50 cent slogan which I love so much, succeeding in life is all about taking risk, you drive a car, you risk getting involved on an accident that can potentially claim your life, even with all the pleasure we derive from driving a good car.

So, investing is also a risk, but it's the ticket we need for a future of wealth in abundance, you missed investing in bitcoin at a cheaper price, but the opportunity is not completely gone, for the journey is just starting after all, you can still invest what you can afford to lose; in bitcoin even at its current price, just make sure you are doing it for the long term.

Absolutely, the journey of life and man is filled with uncertainty including everything we do as life keeps going our investment our life involvement both what we eat and drink are all risky because you wouldn't know the one to harm you or kill someone entirely.

So even as we are doing investment we must have this in mind that it's a plus and minus business because anything is possible and we can't predict or see the spiritual aspect of it to know and to avoid them when they seems to be coming in an unpredictable manners.

Rabata

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It is natural that there will be risks when investing. And many people don't want to take risks even if they have money and only those who are brave and ready to take the maximum risk for getting succeed. An investor whether he deals in real estate business, stocks or any other business must take financial risks. But one should know why a person should accept bitcoins rather than other businesses. Those who didn't buy bitcoin in 2016 didn't make a mistake, those who didn't buy bitcoin in 2021 didn't make a mistake, but those who won't buy bitcoin in 2024 after learning about bitcoin In their case, buying bitcoins will be very difficult.. To be financially successful, there is no alternative to taking risks.

Abu-Naim

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Quote from: Roser bouce on April 28, 2024, 02:19:01 PM

I first heard about Bitcoin around 2016 but then I had no idea what Bitcoin was. Someone online was saying to work on it because I don't know anything about it. Then I heard about Bitcoin again in 2022 when the price of Bitcoin was 21000 dollars. I did a little research on Bitcoin and saw that it was good. From whom I heard, I said to a brother, brother, let's invest. Buy a bitcoin and keep it.Fifty percent and I invested fifty percent but that brother did not agree then. Day by day the price of Bitcoin was increasing and the price was going up and down around 25, 30, 31 thousand dollars. Still I told my brother to invest but he did not agree. That price eventually reached 74 thousand dollars. I regretted very much why I didn't take a risk. If you want to do something, you have to take a risk, nothing happens without a risk.

I guess your brother will be regretting by now unless if he invested his money in something very good that has given him more return within this period of time.

If you not use to online investments and businesses, you will hardly accept bitcoin in the first place because it will looks like a Ponzi scheme for their side until they did more research and see the financial freedom in Bitcoin investment. People like us miss out of the early investment due to lack of awareness and lack of proper knowledge about technology in general, but after several research’s and learning, I came back to Bitcoin to save any of my future money in there.

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Quote from: Roser bouce on April 28, 2024, 02:19:01 PM

I first heard about Bitcoin around 2016 but then I had no idea what Bitcoin was. Someone online was saying to work on it because I don't know anything about it. Then I heard about Bitcoin again in 2022 when the price of Bitcoin was 21000 dollars. I did a little research on Bitcoin and saw that it was good. From whom I heard, I said to a brother, brother, let's invest. Buy a bitcoin and keep it.Fifty percent and I invested fifty percent but that brother did not agree then. Day by day the price of Bitcoin was increasing and the price was going up and down around 25, 30, 31 thousand dollars. Still I told my brother to invest but he did not agree. That price eventually reached 74 thousand dollars. I regretted very much why I didn't take a risk. If you want to do something, you have to take a risk, nothing happens without a risk.

You say you have heard or know about Bitcoin, but if I look at this post I can see that it is only the basics, it could even be said that there is misinformation that you got, because your not bought it because your brother didn't want to participate to invest, meaning you think Bitcoin can only be bought as a whole 1 Bitcoin, even though you can. invest whatever money you have.
With the information you have got, you can invest even though the price is higher than the price in 2022, but Bitcoin is still worth choosing as an investment, and according to the title of the thread, there is no risk, no gain, and now is the time for you to start taking risks to gain later.

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Quote from: FinePoine0 on May 02, 2024, 02:26:44 AM

Nowhere can progress be made without taking risks, usually in real life the more risk you take in business the more profit you face. But when you sit idly by, you will immediately experience lack. Therefore risk taking is necessary to manage yourself properly, usually success is achieved by taking risks in cryptocurrency. Because invest as much as you can afford to lose, and learn to hold for the long term by taking risks. It is possible to improve life only by holding long-term in Bitcoin.

In fact, success is not easily achieved without taking risks. Where the risk is high, the profit is high. There are risks not only in cryptocurrency, but in other areas as well. But the risk in cryptocurrency is higher than in other fields. For example, those who invested with risk in 2023 are currently in huge profits. Currently bitcoin price is falling if you can invest with risk and hold for a long time then you can earn a lot of profit in the future. Investing in cryptocurrency requires you to invest with risk, if you can't take risk then investing is not for you. Many say invest what you can afford to lose.

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Quote from: Outhue on May 02, 2024, 05:22:06 AM

Quote from: Roser bouce on April 28, 2024, 02:19:01 PM

I first heard about Bitcoin around 2016 but then I had no idea what Bitcoin was. Someone online was saying to work on it because I don't know anything about it. Then I heard about Bitcoin again in 2022 when the price of Bitcoin was 21000 dollars. I did a little research on Bitcoin and saw that it was good. From whom I heard, I said to a brother, brother, let's invest. Buy a bitcoin and keep it.Fifty percent and I invested fifty percent but that brother did not agree then. Day by day the price of Bitcoin was increasing and the price was going up and down around 25, 30, 31 thousand dollars. Still I told my brother to invest but he did not agree. That price eventually reached 74 thousand dollars. I regretted very much why I didn't take a risk. If you want to do something, you have to take a risk, nothing happens without a risk.

It seems like your brother is the one who have the spare money that is worth using for investment and not you? If not you won't be forcing him to buy Bitcoin when you have none yourself, am I right or wrong?

I also wonder what will happen right now if you Bought at 74k and now it is down to 57k, how will you feel? You haven't even taste failure before, i expect that you will react and your emotions will get the best of you, maybe sell the Bitcoin in fear that 74k was the top.

Many people already sold right now, they can't withstand to see losses in their portfolios, my advice for people like you is to consider Bitcoin only if you have spare money that you can afford to lose, just think if you already bought Bitcoin at 74k, you will feel very hurt if you use money that you aren't ready to lose.

Or even this is just a fabricated story by the OP to try to blame someone when he was the one who didn't have the courage to make the decision to invest in bitcoin at that time. And now he feels regretful when he sees that bitcoin has increased many times compared to the price he intended to buy.

I also have the same question as you, if OP buys bitcoin and then the price drops, I wonder how he will feel, will he regret it or will he be proud and brag to everyone that he gave good decision not to buy bitcoin.
In addition, those who only know how to complain and blame, I bet you that they will never dare to buy bitcoin even if bitcoin drops to 30k$ again.

Negotiation

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Quote from: martinex on April 30, 2024, 10:54:52 PM

Quote from: boyptc on April 30, 2024, 08:37:59 AM

Once they start to gain that and analyzes what they want to invest, they'll start to consider it.

On this, there's no need to force them but you shouldn't be too dependent with others decision. And right, invest what you can afford to lose.

Yes, of course, with investment conditions, not trading. Quite a lot of our friends who lose in the face of market voluticity, on average 40% of capital is lost due to mistakes in trading, only 10% of which is able to accumulate profits, he has also been up and down before.

But, I agree with what you said above we will be more careful in the course of investing in this crypto because if you make the wrong decision the consequences are very damaging and make our morale decrease. It is quite difficult and difficult to get money now admitted or not.

Rightly said because many have little knowledge about crypto so caution should be exercised. Trading is a risky investment with high volatility and should generally only be considered if you have a high risk tolerance are already in a strong financial position and can lose some or all of your investment. Never invest in anything with the belief that you will not lose profit or capital. There really is no such thing as an easy way to make a lot of money without risk.

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Quote from: Uhwuchukwu53 on May 02, 2024, 05:40:57 AM

Well for me I believe allot can hinder man of courage to loss any risk mostly if the risk is financially inclined that the person can't afford, seeking capable hands by way of passing so much information does not make such person weakling or uninterested but just a matter of lacking what it takes, allot of risk that worth taking in my case study was left out despite All effort because I didn't meet the financial involvement such can happen to anyone else but it doesn't mean the person who is that condition lack interest but only seek to subject brother or friend to such investment but is as a result of predicament of not meeting what it takes .

In the early years of bitcoins, there were lots of people who were in doubt about investing in it and they were also not interested at all because of its strangeness and other fake negative issues but eventually, it cleared out especially the means of using it for money laundering or to fund drugs or any like it, they found out that bitcoins have nothing to do with it and it's just been also used by those criminals as for their crimes and when it becomes clear, lots of big companies started to implement it and now it is the safest investment opportunity in the crypto industry whether you are a big or small investor for long term of for short term. time changes it and shows how good it is to have bitcoins stored in your wallet instead of fiats.

AnonBitCoiner

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Quote from: White pawn on May 01, 2024, 10:36:19 AM

No Risk no gain I understand it in my own way , when you want to achieve something in life or gain a valuable something,one must take a risk or face some kind of difficulties.now for example am using myself as a case study, when I first heard about Bitcoin 3 year's ago I didn't show interest ,if I had showed interest since their I would have gain more.So if one do not take risks there won't be no gain or reward because Risks comes with higher Reward.

People want an easy way that can give them huge profit but they have to remember that the more risky the field will have greater profit therefore try not to be afraid of risky ways of earning. You have to learn about how to lower the troubles in your way and how to alter these troubles into gain through your gained knowledge and keep in mind that you can do anything as nothing is difficult if you work for it.

Most of the people were familiar with Bitcoin investment years ago but then don't focus on its investment because they think more about the loss instead of thinking that profit is also here if we use our mind to solve the issues. Now if they are witnessing that Bitcoin has become the main source of people's wealth so they are disappointed for their little knowledge which keeps them away from Bitcoin investments.

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Quote from: logfiles on April 28, 2024, 02:41:23 PM

Quote from: Roser bouce on April 28, 2024, 02:19:01 PM

I regretted very much why I didn't take a risk. If you want to do something, you have to take a risk, nothing happens without a risk.

Sounds rather contradictory. You told your bother to invest in Bitcoin, but you didn't invest in it yourself, and now you are regretting. It means you also never believed in Bitcoin to begin with and only got to realize that you missed an opportunity when thing are now looking well

Well for me I believe allot can hinder man of courage to loss any risk mostly if the risk is financially inclined that the person can't afford, seeking capable hands by way of passing so much information does not make such person weakling or uninterested but just a matter of lacking what it takes, allot of risk that worth taking in my case study was left out despite All effort because I didn't meet the financial involvement such can happen to anyone else but it doesn't mean the person who is that condition lack interest but only seek to subject brother or friend to such investment but is as a result of predicament of not meeting what it takes .

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Quote from: Roser bouce on April 28, 2024, 02:19:01 PM

I first heard about Bitcoin around 2016 but then I had no idea what Bitcoin was. Someone online was saying to work on it because I don't know anything about it. Then I heard about Bitcoin again in 2022 when the price of Bitcoin was 21000 dollars. I did a little research on Bitcoin and saw that it was good. From whom I heard, I said to a brother, brother, let's invest. Buy a bitcoin and keep it.Fifty percent and I invested fifty percent but that brother did not agree then. Day by day the price of Bitcoin was increasing and the price was going up and down around 25, 30, 31 thousand dollars. Still I told my brother to invest but he did not agree. That price eventually reached 74 thousand dollars. I regretted very much why I didn't take a risk. If you want to do something, you have to take a risk, nothing happens without a risk.

It seems like your brother is the one who have the spare money that is worth using for investment and not you? If not you won't be forcing him to buy Bitcoin when you have none yourself, am I right or wrong?

I also wonder what will happen right now if you Bought at 74k and now it is down to 57k, how will you feel? You haven't even taste failure before, i expect that you will react and your emotions will get the best of you, maybe sell the Bitcoin in fear that 74k was the top.

Many people already sold right now, they can't withstand to see losses in their portfolios, my advice for people like you is to consider Bitcoin only if you have spare money that you can afford to lose, just think if you already bought Bitcoin at 74k, you will feel very hurt if you use money that you aren't ready to lose.

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Quote from: FinePoine0 on May 02, 2024, 02:26:44 AM

Nowhere can progress be made without taking risks, usually in real life the more risk you take in business the more profit you face. But when you sit idly by, you will immediately experience lack. Therefore risk taking is necessary to manage yourself properly, usually success is achieved by taking risks in cryptocurrency. Because invest as much as you can afford to lose, and learn to hold for the long term by taking risks. It is possible to improve life only by holding long-term in Bitcoin.

It is true that without taking risks, of course we will never be able to get the results we want, but we must really understand well the thing we are going to take risks on and don't let us take risks not based on good knowledge and understanding of something. you are right, without us doing anything, of course we will not be able to get any results, but by deciding to take risks, of course we will be able to find out the extent of our understanding in that field so that if we fail, we will be able to learn and correct it so you don't repeat the same mistake when you try it again.
If we decide to invest in crypto, of course we must understand this and don't make mistakes that cause us to lose the money we have in the investment.

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Quote from: Roser bouce on April 28, 2024, 02:19:01 PM

I first heard about Bitcoin around 2016 but then I had no idea what Bitcoin was. Someone online was saying to work on it because I don't know anything about it. Then I heard about Bitcoin again in 2022 when the price of Bitcoin was 21000 dollars. I did a little research on Bitcoin and saw that it was good. From whom I heard, I said to a brother, brother, let's invest. Buy a bitcoin and keep it.Fifty percent and I invested fifty percent but that brother did not agree then. Day by day the price of Bitcoin was increasing and the price was going up and down around 25, 30, 31 thousand dollars. Still I told my brother to invest but he did not agree. That price eventually reached 74 thousand dollars. I regretted very much why I didn't take a risk. If you want to do something, you have to take a risk, nothing happens without a risk.

I knew about Bitcoin when it was worth $100. I'm not kidding. And even then, my friend advised me to install the application on my smartphone and I did it. He sent me a tenth of his bitcoin. But I, like many people at that time, did not attach any importance to this, and when I needed money, I just withdrew this small part of bitcoin lent to me. Now it would be 6000, but who could have known that bitcoin would rise in price so much.
This is the meaning of risk in investing in cryptocurrencies: when a cryptocurrency is unknown and its price is low, then no one wants to invest in it. But many people bought bitcoin at 72k. Such a strange reverse psychology.

Jewan420

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Quote from: Roser bouce on April 28, 2024, 02:19:01 PM

I first heard about Bitcoin around 2016 but then I had no idea what Bitcoin was. Someone online was saying to work on it because I don't know anything about it. Then I heard about Bitcoin again in 2022 when the price of Bitcoin was 21000 dollars. I did a little research on Bitcoin and saw that it was good. From whom I heard, I said to a brother, brother, let's invest. Buy a bitcoin and keep it.Fifty percent and I invested fifty percent but that brother did not agree then. Day by day the price of Bitcoin was increasing and the price was going up and down around 25, 30, 31 thousand dollars. Still I told my brother to invest but he did not agree. That price eventually reached 74 thousand dollars. I regretted very much why I didn't take a risk. If you want to do something, you have to take a risk, nothing happens without a risk.

I'm surprised you haven't invested in Bitcoin even though you have the money. If you had any knowledge about the different ways to invest in Bitcoin, you wouldn't have regretted it today. Why would you ask someone else to buy bitcoins in installments with you, when you can buy bitcoins alone in small increments. I think you need to study more about Bitcoin and spend more time on this forum. One more thing, to be successful in life you have to take risks.

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Quote from: Litzki1990 on May 01, 2024, 10:29:36 PM

Quote from: kro55 on April 30, 2024, 10:52:36 PM

Quote from: Litzki1990 on April 30, 2024, 08:24:09 PM

It is a fact that progress in life is not possible without taking risks. Taking risks may result in loss of money but that loss will help you achieve good things in the future. Two people who earn the same amount of money but one person believes in saving and the other person believes in increasing money by using money. Between these two people, at the end of a certain period of time, it will be seen that one person has been able to make a lot of progress in life only because of his propensity to take risks, but the other person is limited only by his own capital. If everyone was not inclined to take risks, there would not be so many big businessmen in the world today. Our thinking should be to build a business with the money we earn from the current employment so that in the future I can hire others to work in my business. So taking risks is the only way to achieve success in life.

Besides the many entrepreneurs who emerged by taking risks, there are also many who became homeless because of taking risks in search of greater rewards. So before accepting risks to invest or do anything, we need to be aware of what we will get and what we will face if we fail. And risk acceptance will depend on each person's circumstances, we should not be too quick to criticize those who do not take risks. If you are a high-income earner and born into a rich family, there is no reason to take risks, but if you are poor, taking risks is a must if you want to have a good life like the rich.

I just want to give you an example that all the big rich people in the world and the businesses they own have not become popular worldwide so easily. You will see in their lives that they have struggled a lot in life and taken a lot of risks in life due to which they are in a much better position at this time. Whether rich or poor, everyone wants to expect a little better position from their position. Just as a poor person wants to get out of his poverty to live a better life, so a rich person wants to move from his position to a better position. Rich people increase their business by taking risks to increase their money, while poor people want to change their position by taking the maximum risk with the money they have. One may fail to change position many times but risking money has the possibility of changing one's position but those who do not risk money have no such possibility.

Nowhere can progress be made without taking risks, usually in real life the more risk you take in business the more profit you face. But when you sit idly by, you will immediately experience lack. Therefore risk taking is necessary to manage yourself properly, usually success is achieved by taking risks in cryptocurrency. Because invest as much as you can afford to lose, and learn to hold for the long term by taking risks. It is possible to improve life only by holding long-term in Bitcoin.

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Quote from: Odusko on April 28, 2024, 05:48:51 PM

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.

Exactly what it is, going about trying to persuade of speculate Bitcoin in form of making them to invest in Bitcoin is not a good idea, it is a personal choice anyone to invest in Bitcoin, even though you decide to preach Bitcoin to people, allow them to be the to take whatever decision the like, this journey is personal and anything be it good or bad encounter along the line should be shouldered alone without extra body involvement.

In the aspect of knowing when to buy, that should be an investors decision too but generally the volatile nature of Bitcoin has made it almost impossible for potential investors time the market, though it has always been said that the best time to buy is when the market is in the dip stage, yea it is true but what you have the money at hand, will you be waiting for the market to dip before you purchase, I think the best time to purchase is when you are ready mentally and financially not necessarily when the market dips.

Litzki1990

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Quote from: kro55 on April 30, 2024, 10:52:36 PM

Quote from: Litzki1990 on April 30, 2024, 08:24:09 PM

It is a fact that progress in life is not possible without taking risks. Taking risks may result in loss of money but that loss will help you achieve good things in the future. Two people who earn the same amount of money but one person believes in saving and the other person believes in increasing money by using money. Between these two people, at the end of a certain period of time, it will be seen that one person has been able to make a lot of progress in life only because of his propensity to take risks, but the other person is limited only by his own capital. If everyone was not inclined to take risks, there would not be so many big businessmen in the world today. Our thinking should be to build a business with the money we earn from the current employment so that in the future I can hire others to work in my business. So taking risks is the only way to achieve success in life.

Besides the many entrepreneurs who emerged by taking risks, there are also many who became homeless because of taking risks in search of greater rewards. So before accepting risks to invest or do anything, we need to be aware of what we will get and what we will face if we fail. And risk acceptance will depend on each person's circumstances, we should not be too quick to criticize those who do not take risks. If you are a high-income earner and born into a rich family, there is no reason to take risks, but if you are poor, taking risks is a must if you want to have a good life like the rich.

I just want to give you an example that all the big rich people in the world and the businesses they own have not become popular worldwide so easily. You will see in their lives that they have struggled a lot in life and taken a lot of risks in life due to which they are in a much better position at this time. Whether rich or poor, everyone wants to expect a little better position from their position. Just as a poor person wants to get out of his poverty to live a better life, so a rich person wants to move from his position to a better position. Rich people increase their business by taking risks to increase their money, while poor people want to change their position by taking the maximum risk with the money they have. One may fail to change position many times but risking money has the possibility of changing one's position but those who do not risk money have no such possibility.

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Quote from: jaberwock on May 01, 2024, 01:38:25 PM

I do agree that knowing what you are investing into is the most important part of investment and even if you are going to take a huge risk, taking that risk with what you know is a lot more important. For example, if you offered me some token that is not even in the top 1000 to invest into, or just 100x leverage on bitcoin pair, then I would pick the leverage one.

In both cases, there is a chance that you could end up with zero, and that is why people take those risks, but at least I know bitcoin and which direction it may go, I could very well be wrong as well but at the very least I will try my best to do better. Whereas, these tokens do not have that and I believe that it is not going to be all that successful, it will always end up with a trouble on the long run instead.

that's right, I like the example you gave. In accordance with the OP's title which says "No risk no gain" of course you don't necessarily choose an altcoin whose fundamentals are still unclear.

Indeed, no one can know what the price of Bitcoin will be in the future, because crypto prices are very volatile. that is why investing in crypto has very high risks. But it would be more careless if we didn't know what coins we were buying and hoped that one day they could become a tool to multiply our money and get rich instantly. or as people now say it is better known as looking for gold in a pile of shitcoins.

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Quote from: martinex on April 30, 2024, 10:54:52 PM

Quote from: boyptc on April 30, 2024, 08:37:59 AM

Once they start to gain that and analyzes what they want to invest, they'll start to consider it.

On this, there's no need to force them but you shouldn't be too dependent with others decision. And right, invest what you can afford to lose.

Yes, of course, with investment conditions, not trading. Quite a lot of our friends who lose in the face of market voluticity, on average 40% of capital is lost due to mistakes in trading, only 10% of which is able to accumulate profits, he has also been up and down before.

But, I agree with what you said above we will be more careful in the course of investing in this crypto because if you make the wrong decision the consequences are very damaging and make our morale decrease. It is quite difficult and difficult to get money now admitted or not.

I think if ever you made a mistake, don't let yourself dwell in that but instead, learn from it. That's how you'll be able to gain some good learnings from it.

Not every good trader didn't experienced a failure, all of them are and failing is part of the process of being successful. And as someone who invests and believing in Bitcoin.

The failure might be personal, related to the market or anything that you're dealing with but don't let yourself be down with those.

Topic: No risk no gain - page 7. (Read 1879 times)