Topic: No where is actually safe - page 8. (Read 1177 times)
Whether it is business or cryptocurrency everything has got risks. Leaving a business and investing completely into cryptocurrency isn't a good choice, because as a beginner it takes time to get adopted to the market and start making some profit. If I'm not wrong, the learning and the knowledge about cryptocurrencies is the one that makes the portfolio safe. Initially investing a little and further adding more once after experiencing and learning about profit making is the wise decision.
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Maybe you are right, but people who are interested in crypto are starting to no longer trust their money in banks because they are starting to realize about financial privacy. Personally I admit that it is a good choice because the security is guaranteed, but the amount of annual interest offered is not worth the amount of money we save.If I'm not mistaken, it seems that since 2017 until now I also no longer have a lot of money in my bank account. I try to invest it in assets that can benefit me better like crypto as well as gold.
of course the bank maintains financial privacy and I don't see anything suspicious being done by the bank,
but it all comes back to each individual that they still trust the bank or not
In business, nothing can be considered as safe. Because ups and downs are the common features of the business and also whenever you are making profit from a competition it means someone is doing loss and you are getting it as profit. This is called the competition of the business policy and I think every business is done by following this. I am a crypto trader and also I have some physical business. So this is my thought about your statement.
Ofcourse, there's no kind of business here on earth that is actually safe and assured to make profit like a 100% guaranteed. It's very common for business to have certain risks and failures to overcome that's why proper planning of when and how to execute is the best way to atleast make more profits than losing.Crypto industry is here to help people understand the market and economy better, it depends usually how you see it, I mean, just take some research and study it first to acquire some knowledge before putting some funds to it. Because if you don't, you'll end up losing it, it's like going to war with blindfolds.
In fact, if you say safe, in all aspects of life it contains risks and in the sense that it is not safe.
despite all that happened this is to me is the same as life where the strong survive here.
Those who can manage well and manage everything well will benefit and those who just want to join in, then they will lose and lose.
we all will not get the same advantage here, depending on our intentions, determination and patience. when we are able then we will win when we are not able so don't expect you to be rich by being here.
I agree with you. The point with bitcoin investment is that it has became a safer option when compared to some traditional investments which return inferior annual interest when compared to the inflation for that same time period. While you have bitcoin investment which can generate you profit or not (there is a possibility implied), you have those another investments which are sure to make you lose money due to the reason presented previously (inflation). So between the uncertain profit and the certain of loss, I prefer the uncertain one, that by the way is working really well.despite all that happened this is to me is the same as life where the strong survive here.
Those who can manage well and manage everything well will benefit and those who just want to join in, then they will lose and lose.
we all will not get the same advantage here, depending on our intentions, determination and patience. when we are able then we will win when we are not able so don't expect you to be rich by being here.
Regardless of profit and loss, it is a risk that must be lived.
But for me personally I prefer to be in a modern and simple investment, not many rules compared to modern ones, but we have to read all the rules and complicated with signatures everywhere
In fact, if you say safe, in all aspects of life it contains risks and in the sense that it is not safe.
despite all that happened this is to me is the same as life where the strong survive here.
Those who can manage well and manage everything well will benefit and those who just want to join in, then they will lose and lose.
we all will not get the same advantage here, depending on our intentions, determination and patience. when we are able then we will win when we are not able so don't expect you to be rich by being here.
I agree with you. The point with bitcoin investment is that it has became a safer option when compared to some traditional investments which return inferior annual interest when compared to the inflation for that same time period. While you have bitcoin investment which can generate you profit or not (there is a possibility implied), you have those another investments which are sure to make you lose money due to the reason presented previously (inflation). So between the uncertain profit and the certain of loss, I prefer the uncertain one, that by the way is working really well. despite all that happened this is to me is the same as life where the strong survive here.
Those who can manage well and manage everything well will benefit and those who just want to join in, then they will lose and lose.
we all will not get the same advantage here, depending on our intentions, determination and patience. when we are able then we will win when we are not able so don't expect you to be rich by being here.
~~~
Maybe you are right, but people who are interested in crypto are starting to no longer trust their money in banks because they are starting to realize about financial privacy. Personally I admit that it is a good choice because the security is guaranteed, but the amount of annual interest offered is not worth the amount of money we save.If I'm not mistaken, it seems that since 2017 until now I also no longer have a lot of money in my bank account. I try to invest it in assets that can benefit me better like crypto as well as gold.
In fact, if you say safe, in all aspects of life it contains risks and in the sense that it is not safe.
despite all that happened this is to me is the same as life where the strong survive here.
Those who can manage well and manage everything well will benefit and those who just want to join in, then they will lose and lose.
we all will not get the same advantage here, depending on our intentions, determination and patience. when we are able then we will win when we are not able so don't expect you to be rich by being here.
despite all that happened this is to me is the same as life where the strong survive here.
Those who can manage well and manage everything well will benefit and those who just want to join in, then they will lose and lose.
we all will not get the same advantage here, depending on our intentions, determination and patience. when we are able then we will win when we are not able so don't expect you to be rich by being here.
Unlike in the 70s and 80s where you will just decide to pick and investment, fund the investment sit back and relax while waiting for 10-20years before one can reap the fruit of their patients and hardwork put together but since crypto is very good at given high returns and mouth watering profits, many have decided to take crypto as means of meal ticket to richness which is the other way round. Bitcoin or rather crypto in general might have help to beat value against inflation but 50% of people buying them today are doing so to get wealthy and not concern about the technology and this is why they panic when the price fall.
If you really want to invest and 100% guaranteed to make a profit, then put your money into savings account in your bank. Right now USA has like 0.25% yearly places when inflation is over 5%+ for sure. You may reject the idea but inflation is definitely horrible there right now as well. Which is a proof that savings account doesn't even make you a profit, you are losing money because of inflation, just because the number went up doesn't mean you are now richer, in fact you are poorer in that case.
This means if you are taking some risks and investing in other stuff then I have to say it is definitely a lot more possible that you could get richer as well. Maybe not everyone realizes this, but the reality is that taking that risk equals to finally being over inflation and finally getting richer. This is why "safe" is not the way you want to go.
This means if you are taking some risks and investing in other stuff then I have to say it is definitely a lot more possible that you could get richer as well. Maybe not everyone realizes this, but the reality is that taking that risk equals to finally being over inflation and finally getting richer. This is why "safe" is not the way you want to go.
Most of us who want to make money from the cryptocurrency industry don't have any proper knowledge of how actually cryptocurrency works. Just forget about technologies, no one bothering to learn. We think cryptocurrency is a quick rich method that leads us eventually to loss. Although cryptocurrency isn't a Ponzi scheme, but it's the circulation of public money. Today with me, tomorrow would be with you. Means just changing hands, if you are lucky you can cash out during profit if you are a holder. Trading means I am losing you are gaining or reversing it. Everyone wouldn't or shouldn't be a gainer here. We can't say sade anyway, in every business has a risk of loss. So it's not out of the risk to invest in cryptocurrency.
Wait, looks like you're starting to ignore what analysis is. 
Trading and investing requires us to do analysis if we want to invest in assets that can really bring us profits. Without analysis, I think we are only gambling with price volatility because in the end we only hope that it will be full of luck that will bring big profit. I don't think this is good, although I'm sure not all of us will make a profit at the same time. If you believe that trading and investing is not a get rich quick scheme then it should be a good capital analysis before doing it.
every business there must be a risk, as well as crypto, safe or not safe in running any business there must be someone who makes a loss
in manual business I think the risk faced is very simple compared to crypto where if crypto experiences a decline in price and the capital we have minus is too deep, we may experience bankruptcy and wait for 2 = 4 years to recover
but for manual business the level of risk is arguably lighter because the biggest loss is from the fact of human error and usually one business has security insurance against things that are detrimental
in manual business I think the risk faced is very simple compared to crypto where if crypto experiences a decline in price and the capital we have minus is too deep, we may experience bankruptcy and wait for 2 = 4 years to recover
but for manual business the level of risk is arguably lighter because the biggest loss is from the fact of human error and usually one business has security insurance against things that are detrimental
Whatever sector is considered profitable, it all comes down to relative to the person and how they respond and manage it well. This does not necessarily mean that crypto is profitable, nor is it detrimental either. Only intelligence and ability in terms of understanding what aspects support it. As with the most important thing is knowledge, it doesn't matter how one makes a profit from cryptocurrencies, stocks, gold, property and things that add to the financial amount. It depends on the management, because in the end it is our level of foresight that drops the money.
In business, nothing can be considered as safe. Because ups and downs are the common features of the business and also whenever you are making profit from a competition it means someone is doing loss and you are getting it as profit. This is called the competition of the business policy and I think every business is done by following this. I am a crypto trader and also I have some physical business. So this is my thought about your statement.
Most of us who want to make money from the cryptocurrency industry don't have any proper knowledge of how actually cryptocurrency works. Just forget about technologies, no one bothering to learn. We think cryptocurrency is a quick rich method that leads us eventually to loss. Although cryptocurrency isn't a Ponzi scheme, but it's the circulation of public money. Today with me, tomorrow would be with you. Means just changing hands, if you are lucky you can cash out during profit if you are a holder. Trading means I am losing you are gaining or reversing it. Everyone wouldn't or shouldn't be a gainer here. We can't say sade anyway, in every business has a risk of loss. So it's not out of the risk to invest in cryptocurrency.
Nowhere is safe for investing because of the rule it says no pain no gain and no risk no reward of you cannot handle the risk of losing your money and you do not have a proper investment plan then you cannot get gain any profit over your money. Some risks are reasonable and you can somehow handle the risk for example whenever you buy bitcoins you can set your targets and set a stop-loss for your funds buy some others are not reasonable, for example when you don't know the project and what it does then you participate on the ICO with closed eyes hoping for high returns which is more like gambling.
1.No investment is 100% guaranteed to make profit.That's why there is a risk/reward ratio.Riskier investments bring bigger profits.Less riskier investment bring smaller profits.There's always a risk of losing your investment.
2.Nobody is saying that making money online is EASY.It never was and it never will be.
It doesn't matter if we are talking about the crypto industry or the online fiat economy.
I'm not going to care about all the delusional people,who got caught by the crypto hype,who think that Bitcoin/altcoins/NFTs will make them millionaires without them putting any work and effort at all.
Bitcoin IS a safe heaven,but only if you don't panic and you don't sell your BTC,when there's a price drop.
2.Nobody is saying that making money online is EASY.It never was and it never will be.
It doesn't matter if we are talking about the crypto industry or the online fiat economy.
I'm not going to care about all the delusional people,who got caught by the crypto hype,who think that Bitcoin/altcoins/NFTs will make them millionaires without them putting any work and effort at all.
Bitcoin IS a safe heaven,but only if you don't panic and you don't sell your BTC,when there's a price drop.
If crypto was that easy to go by we would have had more than half of the world's population living very comfortably not giving much concern to their economic data any longer. But the truth remains crypto investment is more difficult compared to manual businesses
In general, there's no easy way to make money regardless what job, business or investment you're into its always associated with risk. However we can maximize our chance to take advantage the opportunity by studying how the system works for our own benefit.If we engage ourselves in crypto, we must fill our mind with knowledge in order to better understand its nature and to know the various ways to earn.
Risk and knowledge, this two should come together for an individual to succeed in his financial plans in life. May it be an investment or a business. We all have our own passion that fuels our interest. Most of the successful ones are those who choose to put up business, but there were also those who have enough expertise to invest into stocks, commodity, or even cryptocurrency.
However, just like what the OP said, investing in Bitcoin is much more difficult than putting up the usual business. Not to mention it's much riskier as well.
If crypto was that easy to go by we would have had more than half of the world's population living very comfortably not giving much concern to their economic data any longer. But the truth remains crypto investment is more difficult compared to manual businesses
In general, there's no easy way to make money regardless what job, business or investment you're into its always associated with risk. However we can maximize our chance to take advantage the opportunity by studying how the system works for our own benefit.If we engage ourselves in crypto, we must fill our mind with knowledge in order to better understand its nature and to know the various ways to earn.
This is something I agree with. Because knowledge is power, you must first learn before you can earn. I believe it applies to all aspects of our lives right now because that is the reason why we go to school and have a job, but when it comes to investing, that is something else that we learn through experience and also by reading books. When it comes to crypto currencies, I would recommend reading articles online or gaining some hands-on experience. You must decide whether or not you want to risk your money because every risk will result in a win or a loss in the end.
If crypto was that easy to go by we would have had more than half of the world's population living very comfortably not giving much concern to their economic data any longer. But the truth remains crypto investment is more difficult compared to manual businesses
In general, there's no easy way to make money regardless what job, business or investment you're into its always associated with risk. However we can maximize our chance to take advantage the opportunity by studying how the system works for our own benefit.If we engage ourselves in crypto, we must fill our mind with knowledge in order to better understand its nature and to know the various ways to earn.
Every Investment have got risk associated with it. What OP adds through the post is cent percent the reality. People have hyped it and are getting into cryptocurrency without any formal knowledge about cryptocurrencies. This is a big risk, maybe a few could succeed out of the luck and the same won't happen with everyone. These days people have begun to start some form of MLM based services in the name of cryptocurrencies. If you go find them, they even don't how a transaction is made.
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