No risk no gain - page 8. | Bitcointalksearch.org

jaberwock

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Quote from: arjunmujay on April 30, 2024, 01:31:21 AM

Quote from: BALIK on April 30, 2024, 12:07:00 AM

The biggest mistake new investors make today is that they don't spend much time learning about bitcoin before investing, they just want to speculate and get rich quickly from it without any knowledge. From there, they lack confidence in bitcoin and some will miss the opportunity to buy at a good price while some will not participate because of their ignorance.

That's why I always advise newbies to focus on learning everything about bitcoin before making an investment decision. Don't rush to invest without knowledge about it because they will also panic and dump prices if Fud happens.

It's important to know what you want to invest in. in this case bitcoin, investors must also know well what and how bitcoin is.

Most of them don't understand, and the benchmark is the fluctuating price which can give them quick profits by investing in Bitcoin.
Those who have joined this forum are lucky, because there is a lot of material and experiences from other users that can be learned from. even their material and experience could be expensive to pay elsewhere.

From what I know, bitcoin investors will not sell any bitcoin they have accumulated for more than 4 years or from halving to the next halving.

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.

White pawn

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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.

Questat

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Quote from: tottong on May 01, 2024, 02:29:05 AM

Quote from: Roser bouce on April 28, 2024, 03:19:01 PM

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.

Something needs to be risked, but not in a way that laypeople don't have any knowledge, investing in Bitcoin is good as long as people can understand how to do it so that when faced with risk they can control it.
The word too late always comes from people who haven't tried investing and they should be able to do it now rather than never trying at all.

When people know that investing in Bitcoin is good, they will try to do it slowly, but the most important thing is to understand how to invest correctly.
So that when Bitcoin experiences a sharp decline it doesn't make people panic and make mistakes by deciding on the wrong loss.

Many people invest in Bitcoin but don't know how it works. Many think they are too late but never do something.
That is why I'm not going to wonder why some people are in regret because they ignore the opportunity in the first place easily without bothering themselves to spend time digging and knowing deeper about it.

Rich people never become rich instantly but they are also working hard and facing risk. However, their positive mindset and motivation drive them to push themselves, and are not afraid the consequences of this which is why they are not rich and are able to achieve their goal.

Minor Miner

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Quote from: Uhwuchukwu53 on May 01, 2024, 04:08:54 AM

Many love invest in BTC but don't have resources of investing, just take it this perspective as it human most time to human you may have knowledge of a thing but can't access it do to the condition attached to it Bitcoin investment is not free no matter the strategy you want to follow in the investment ,if falling a situation like that is not on you lacking trust or confidence but condition of not having what it takes to engage on such as in financial requirements.

I do not agree with this explanation. As many people have said, no one forces you to buy enough 1BTC, you can even start investing from 10 USD or 20 USD and I don't think the OP doesn't have this amount either.

In addition, if you are really determined to invest in bitcoin you will always have a way, the important thing is whether you really want to or not. Don't blame circumstances or others for missing your investment opportunities. And if you really can't invest because of the situation, then it's best to stay quiet and don't go on social networks to complain and justify not being able to invest. That just shows your incompetence.

HajiBagi

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Quote from: Roser bouce on April 28, 2024, 03:19:01 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.

Buying Bitcoin doesn’t mean that until you have a partner, you can buy Bitcoin for any amount you have, I don’t even pray to invest with someone to share it 50/50, all I want is to invest with what I have and take the risk and when I become successful in it I will keep my mouth shut without letting anyone knows, about the brother you ask to invest and he did not agree with you, it maybe he did not know about bitcoin and maybe he didn’t trust bitcoin because if he do he won’t think of it twice before agree to your suggestion and also pls try to invest on your own with any amount you have so that you won’t face any problem at the end, you know bitcoin is an unpredictable investment that the price will go down and up at any time, some people will not like and start thinking negative about it when the price goes down, it may lead to misunderstanding between you guys if you don’t understand each other, so next time try to invest on your own with any amount.

coinerer

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Quote from: The Cryptovator on April 28, 2024, 03:29:15 PM

I am just curious why you need to request others to buy Bitcoin. Because you can buy Bitcoin yourself for any amount. It's not necessary to buy a full bitcoin. So you don't need to think about the 50/50 scheme when you intend to invest in Bitcoin. I assume you don't have enough proper knowledge about how Bitcoin works. So you need to study a bit more. I will advise you to spend more time on the forum and read as much as you can, especially related to Bitcoin technology. It's true that if you can't take a risk in crypto, you won't be a gainer at any point. Crypto isn't for panicky people.

Bitcoin is a great opportunity for us to invest in it and get something good because there is no need to invest any specific amount. any amount can be invested here according to one's ability. so Bitcoin can also be used as a place of storage. If we can invest 10% of our monthly income in bitcoins and continue to do so, then at some point there will be a huge amount of bitcoins accumulated and the DCA STRATEGY will be fulfilled automatically. so there will be an opportunity to reduce the amount of loss here. It can be a good thought but we always skip it

Uhwuchukwu53

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Quote from: Alone055 on April 28, 2024, 04:28:59 PM

Besides, as said by other members, why didn't you go ahead and make your investment without involving your brother if you had some belief in Bitcoin? And if you didn't want to take the risk yourself, you shouldn't blame your brother for it and put it on him because if you were confident, you could invest without him if you had the funds.

I don't agree they saying that it's as result of noth believing that make him involved his brother, one can be informed of a particular thing but lack what it takes to engage on it but can relate to someone who he/she think is resourceful enough to engage to share the idea. Just that we human is very difficult to convince them once it involves the release of their money mostly as it happens to be digital currency investment some always considered loss and may not look at the gain because such people may not be a risky taker.

Many love invest in BTC but don't have resources of investing, just take it this perspective as it human most time to human you may have knowledge of a thing but can't access it do to the condition attached to it Bitcoin investment is not free no matter the strategy you want to follow in the investment ,if falling a situation like that is not on you lacking trust or confidence but condition of not having what it takes to engage on such as in financial requirements.

bitterguy28

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Quote from: Roser bouce on April 28, 2024, 03:19:01 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.

why this post showing how stupid you are? because you can invest even how much money in your possession yet you continues to ask that brother to invest with you and now there is this regret?
you deserve that regret because you hgave no balls to invest on your own , and this will be your teacher to never ask for others go investing but do it yourself.

tottong

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Quote from: Roser bouce on April 28, 2024, 03:19:01 PM

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.

Something needs to be risked, but not in a way that laypeople don't have any knowledge, investing in Bitcoin is good as long as people can understand how to do it so that when faced with risk they can control it.
The word too late always comes from people who haven't tried investing and they should be able to do it now rather than never trying at all.

When people know that investing in Bitcoin is good, they will try to do it slowly, but the most important thing is to understand how to invest correctly.
So that when Bitcoin experiences a sharp decline it doesn't make people panic and make mistakes by deciding on the wrong loss.

EarnOnVictor

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Quote from: Roser bouce on April 28, 2024, 03:19:01 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.

Are you telling me you did not invest at all because your narration is not clear in that regard compared to your conclusion? If so, then you must have followed the steps of another person wrongly, so you are at fault. As an adult, we need to be able to decide for ourselves, but the moment we are following the steps of other people, we could be negatively affected or miss opportunities just like you did now. Well, it is a lesson to you, nonetheless, if you are still not lacking investment/business, then you are still exonerated, since it doesn't matter the channel at which the money is entering your pocket.

By that, I mean whether you invested in Bitcoin or other things, it doesn't matter, so long as the money is being made and not allowing our spare money to be wasted in the bank, it's good. But if you miss entirely, then you are at fault. During my missed days which I still regret a bit till today, I was still engaging in other investment activities, so I never missed entirely as it is not a must it should be Bitcoin I should be dealing with. Except that if it were to be Bitcoin then, I would have made more money, that's just the difference in my case, so no serious hurt feelings.

martinex

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Quote from: boyptc on April 30, 2024, 09:37:59 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.

kro55

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Quote from: Litzki1990 on April 30, 2024, 09:24:09 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.

Roser bouce

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Quote from: Upgrade00 on April 28, 2024, 03:47:55 PM

If you invest your 100% of what would have been your half of the capital, you'll get the exact sameprodit as if you both had invested and you shared the profit. You could have easily bought with the amount you had and held for as long as you would have planned to.

Secondly you never compel someone else to invest in anything. You're putting unnecessary risk on yourself as you'll take the blame if that investment goes south. Only give them information that can help them make up their mind on their own.

Thirdly, you still have the opportunity to take a risk now. Bitcoin still has a way to go in this bull run.

Because this brother well known Bitcoin better than me in that time.I am not pushed him just I said to him me and you invest 50-50.2023 middle time I was well known Bitcoin and know how to invest and also risk in this flatform.

SeriouslyGiveaway

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I'm wondering whether you invest or not comes from your own decision, why does it depend on the decisions of others? You say you have done your research on Bitcoin and found it good to invest in, then there is no reason you should ignore it for someone else. I think you are not really confident and decisive with what you have researched. The investment mentality of relying on others is really dangerous and is clearly irresponsible with your own money.

The fact that your brother does not invest is his business and has nothing to do with your investment decision. I think you should blame yourself more and practice being more decisive in your investment decisions. The opportunity is still there, it is never too late if you are determined to invest in this market. Don't compare the current price with the previous price when it was still low. If you keep comparing, you won't be able to invest because you always think the current price is too high to invest. Take a long-term view and start planning your own investments now.

MainIbem

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Before I proceed, I want to wish everyone a happy new month, now back to our discussion. Many people missed the opportunity to invest in Bitcoin at the initial time when the value was not very much, little did they know that bitcoin would be very great in future. Well, I don't know about your country but in my own country, there where many ponzi schemes at the time Bitcoin came out, and even while people saw that the price was going up, a lot of people thought it was another ponzi scheme and were afraid to invest their money in it. But there were people who saw it's potential, they believed in it's project and took the risk. I believe that those who invested earlier would be multi millionaires currently if only they used the profits they got properly and luckily you were among those who grabbed the opportunity while it was still very early. Regardless of that, there's no doubt that life is full of risks and sometimes, no risk could mean no reward but i'll like to say that before you take any risk or advise anyone to do so in the crypto space, there's a crypto word called DYOR which means Do Your Own Research i don't know if you are familiar with it but note that it matters a lot.

Litzki1990

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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.

lalabotax

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Quote from: Roser bouce on April 28, 2024, 03:19:01 PM

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.

Many people experience this, regretting not investing in Bitcoin first because they are afraid of risk.
Well, this is nothing new anymore. There are several points that can be taken.

First, don't regret what has happened, do the best for now and the future, then always take your own risks, because if you dare to take risks, it means daring to face all the possibilities that exist.

Second, don't ever regret if you didn't have the courage to take the risk before, even if you don't have the courage now, don't do it. Because investing in Bitcoin requires us to take risks, then we ourselves determine how big the risks are based on our strategy. Well, if you can't do it yet, don't force it.

Thrid. Make sure you really have enough understanding at least to invest in Bitcoin. So even if you dare to take risks, you can manage them very well.

Finally, do your best in your efforts to invest in Bitcoin, never regret anything and only do your best for this recent and future era.

Finestream

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Quote from: BALIK on April 30, 2024, 12:07:00 AM

Quote from: The Cryptovator on April 28, 2024, 03:29:15 PM

I am just curious why you need to request others to buy Bitcoin. Because you can buy Bitcoin yourself for any amount. It's not necessary to buy a full bitcoin. So you don't need to think about the 50/50 scheme when you intend to invest in Bitcoin. I assume you don't have enough proper knowledge about how Bitcoin works. So you need to study a bit more. I will advise you to spend more time on the forum and read as much as you can, especially related to Bitcoin technology. It's true that if you can't take a risk in crypto, you won't be a gainer at any point. Crypto isn't for panicky people.

The biggest mistake new investors make today is that they don't spend much time learning about bitcoin before investing, they just want to speculate and get rich quickly from it without any knowledge. From there, they lack confidence in bitcoin and some will miss the opportunity to buy at a good price while some will not participate because of their ignorance.

That's why I always advise newbies to focus on learning everything about bitcoin before making an investment decision. Don't rush to invest without knowledge about it because they will also panic and dump prices if Fud happens.

Investors nowadays are more greedy with the money than becoming greedy with knowledge at first. They never realized that in order for an investment to work and be in profits, it may take a bigger timeframe for it to happen. And those who invest in a rush obviously never know that, as they are more focused on profits than on seeing how the investment works and progress.

Meanwhile, one cannot gain success in an investment without doing certain risk, as there is no gain if one refuses to take risk. However, taking calculated risk is crucial, otherwise one will end up in failure and losses if he rush into taking risk without prior research and studies on the certain investment.

Lanatsa

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Quote from: Gladitorcomeback on April 30, 2024, 11:50:12 AM

Quote from: Kelvinid on April 30, 2024, 06:50:53 AM

No risk, No gain, yes but don't try doing this if your mind is empty as you're certainly regretting it.
I have a friend who told me that he invested Bitcoin because someone told him to do it and promised something huge in return. It sounds tempting on his end but not mind, and guess what? He is now asking for help because he lost all the money he invested from scammers.

So I would say that --don't take risks if you are not prepared and have an idea of what you are about to invest. We can make money from investing in Bitcoin provided that we also have knowledge and good investment management.

So your friend was suggested to invest in Bitcoin and he went ahead and invested in scams? That's pretty bad because your friend clearly had zero financial literacy someone with financial literacy wouldn't make investments in anything before they do their research and understand what they are doing because it's your money that you are investing, you should make sure you are doing the right thing unless you don't love your money and don't care about it.

If someone comes to me and tells me that a certain investment asset is great and it can provide great profit if I made an investment in it, I wouldn't just blindly invest my money in it even if the person telling me that is my brother because I need to make sure I understand what I'm getting into.

We know that its not your responsibility for whatever things that your friend or known someone would really be going into but it would be best that leading them into something more realistic and something legit
because if you do make out some introduction but havent been able to tell about the risks and danger about other things on which it would really be possibly lead them into those wrong things like investing on scams or frauds or whatever wrong decisions they had made just because of lacking knowledge and experience but as part of our own common sense then you wont really be letting yourself getting through those situations if you are really just that sensible and serious when it comes to money making. You would really be normally be going into those things which you do seem that viable and something that would really be beneficial.

It would really be just that a normal saying or something that in default that you wont really be seeing any progress if you wont really be letting yourself that go out with your comfort zone.

Gladitorcomeback

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Quote from: Kelvinid on April 30, 2024, 06:50:53 AM

No risk, No gain, yes but don't try doing this if your mind is empty as you're certainly regretting it.
I have a friend who told me that he invested Bitcoin because someone told him to do it and promised something huge in return. It sounds tempting on his end but not mind, and guess what? He is now asking for help because he lost all the money he invested from scammers.

So I would say that --don't take risks if you are not prepared and have an idea of what you are about to invest. We can make money from investing in Bitcoin provided that we also have knowledge and good investment management.

So your friend was suggested to invest in Bitcoin and he went ahead and invested in scams? That's pretty bad because your friend clearly had zero financial literacy someone with financial literacy wouldn't make investments in anything before they do their research and understand what they are doing because it's your money that you are investing, you should make sure you are doing the right thing unless you don't love your money and don't care about it.

If someone comes to me and tells me that a certain investment asset is great and it can provide great profit if I made an investment in it, I wouldn't just blindly invest my money in it even if the person telling me that is my brother because I need to make sure I understand what I'm getting into.

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