Older people have a lot more patience to invest they are less prone to emotions they are more confident in real life, so they are very careful about investing but young people are very emotional they can't do anything with patience they lose everything by gaining more quickly young people are never able to take high risk.
Yes I agree with you parents usually they will think repeatedly when they want to take an investment and risk is the most important thing they consider when they want to start investing, so if they see an investment that has a high risk then most of them will avoid it, they don't care even though basically high-risk investments can provide high returns.
Topic: Only young and naive guy believe in high risk high return - page 2. (Read 1360 times)
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If you think it is long term then bitcoin is not high risk because bitcoin always remains bullish in long term. But in the short term, it could be devastating for traders if they didn't trade it wisely. In cypto people do like speculation but they also wants it only one way. But market behaviour is different. Everyone agree btc could go above 100k but it won't go only up. Price will surge that makes it risky for short term teders.
Long term or short term, right now Bitcoin is not "high risk - high return". No trader expects BTC going 100x in 2-3 months, which happens sometimes with altcoins. Today investing in Bitcoin(short term) you can lose 50% of your investment in the worst case scenario, but hardly more than that. And you will hardly get more than 2x return, short term again. While some sh*tcoins can give you 20x-50x in a short term, and at the same time you can lose 95% of your investment very quickly, which happens most of the time. And that's what is "high risk - high return".
I agree and that's quite the right interpretation of the current situation. Young people are obviously more energetic and hence more attracted towards flashy investments but that doesn't mean young people are the only ones losing money to such schemes. I am not sure about what age group people lost money in the gigantic PlusToken scam but they were all inexperienced and naive because no Ponzi can pay you forever.
Young people may be quite energetic, but in most cases they don't have surplus funds in their hand to make investments. In case of PlusToken scam, it was mostly pensioners who lost money. They got fooled with the promise of sky high returns and invested their hard earned money without double checking about the authenticity and viability of the project. And PlusToken was perhaps the largest scam in cryptocurrency sector. Total losses amounted to many billions of USD, mostly in China and other East Asian nations.
I still remember in my early days, when I lost some money by investing in shitcoins such as Terracoin, Quark and Labcoin. These projects died down after the initial hype, because as soon as the promoters were able to dump their holdings, they just moved on to other projects. And this happened a lot in 2014-15 period. A lot of the ordinary users lost their money by investing in shitcoins. And this made me extra-cautious, when good projects such as Ethereum appeared in the market. I decided not to invest in ETH, based on the previous experience with the shitcoins.
kind of mistake that we will bring up to know, learning how to move forward and not to be afraid of risking again and again,
There are traders who wisely invest with knowledge, they are more prepared as they understand that there's still possitibilties
if you don't stop doing your DYOR.
If you failed once, it doesn't mean that you will keep failing it just another way of informing you that you maybe missed something
in doing your research, better to check it out and adjust for much better success.
"High risk, high return" is not always the case, I agree with you. In this market, taking a risk doesn't mean that you will definitely make a little or a lot of profit in the future. This market is highly volatile as we all already know. Volatility means that everything can happen in this market. While you are preparing to make an investment into a cryptocurrency, you are already accepting to take this risk. You might even never make profit and you can even lose all of your money. One should always be aware of this before making an investment. There is no guarantee for anything here.
There is a wrong assumption being made by the OP. He feels that it is the young people who make mistakes for most part in the cryptocurrency sector. However, I have to say that the reality is very different. Look at various Ponzi schemes which involved cryptocurrency, such as OneCoin and PlusToken. Most of those who lost their money were middle-aged or elderly. I would say that OP should remove the "young" word from the title. Inexperienced users are more likely to make mistakes, and it doesn't matter whether they are young or old.
I agree and that's quite the right interpretation of the current situation. Young people are obviously more energetic and hence more attracted towards flashy investments but that doesn't mean young people are the only ones losing money to such schemes. I am not sure about what age group people lost money in the gigantic PlusToken scam but they were all inexperienced and naive because no Ponzi can pay you forever.what's the best way to get high returns without taking risk?
The easiest or the least risky way of making the highest amount of money is to recognize your strengths because a dog trying to climb a tree will never succeed no matter how hard he works. A monkey on the other hand would do the same thing without any guidance or experience because that's what suits him and he's good at. ~ Smart people do not risk something that is uncertain. Elon musk invested in something that is well established and the total market cap is over a trillion dollars. He knew about the potential of crypto. Crypto is still in the early development stages and this is the right time to invest in anything when most people don't know about it. the smart investment comes with a little bit of risk but not uncertainty.
Bitcoin today is not "high risk - high return", that's what I agree with. Being at around $50k how much higher it can rise? Well, I personally think that something in between $100k and $200k is possible, but we can't expect 100x return, like sh*tcoin scammers promise to their victims. But for some people 2x or 4x is not enough, they aim at 100x, yeah, why not, "be brave" ... only in many cases the chances are not small, but really zero.
I still remember in my early days, when I lost some money by investing in shitcoins such as Terracoin, Quark and Labcoin. These projects died down after the initial hype, because as soon as the promoters were able to dump their holdings, they just moved on to other projects. And this happened a lot in 2014-15 period. A lot of the ordinary users lost their money by investing in shitcoins. And this made me extra-cautious, when good projects such as Ethereum appeared in the market. I decided not to invest in ETH, based on the previous experience with the shitcoins.
Investors must be aware that crypto investing is very risky, the first thing before entering crypto is of course understanding the risk, maybe this is like gambling because the opportunities for profit and loss are the same, but based on my experience crypto investing is profitable if we can be patient and don't panic when the price drops.
Gambling might have been a good source of income if there was no advantage to the casinos, the house edge. Trading is profitable and a superior way of making money as compared to gambling because you aren't fighting a house edge.I don't know why people feel that taking risks is a bad mentality when the richest guys have all taken huge risks to become what they are now. Recently everyone is talking about Elon Musk so for anyone who doesn't know, the guy took a huge risk to launch his rockets and kept trying until he was nearly bankrupt and succeeded.
People search for risks free investment, and they end up being scammed. It's the mentality of the majority. Without risk, there's no gain, simple as that. There are no guarantees when it comes to investing, businesses, gambling, it's trying and pushing what makes the difference between successful people and failures.
Elon Musk is just one of the people who took the risk and made something big, and it's the formula, believe something, and push it till the end, even when it's hard. There are no shortcuts to success.
Smart people do not risk something that is uncertain. Elon musk invested in something that is well established and the total market cap is over a trillion dollars. He knew about the potential of crypto. Crypto is still in the early development stages and this is the right time to invest in anything when most people don't know about it. the smart investment comes with a little bit of risk but not uncertainty.
I negate the notion for high risk equivalent to high return, let take a look from this direction, the difference between the skills and unskilled labour, who take the most risk in service delivery, all the skilled labour need to do is plan, arrange and organize a structure and give directions for proceedings, but the unskilled labour will be the ones to carried out the task, market it, advertise it, and had a direct contact with the buyers, and in the case of the craftsmanship, they use their energy, labour to achieve a desired work specification under the sun or in the rain to ensure the task is done, the unskilled labour get little pay while the skilled labour is paid higher in most business settings.
Physical hard works and labour is not equivalent to getting rich or high return or earnings but a constructive "idea" does, having a good ideology can bring a solution to a lingering problem over years. Another interesting fact is that the higher the risk the higher the return is not applicable in crypto as it mostly sounds to be a signal to scams and fraudulent schemes who appear in such manners in the digital world of Cryptocurrency.
As for cryptocurrencies, the principle of high income for high risk also works, because if you invest in an already known coin,then you will not get such a high income. Yes, your income will be more guaranteed and the cryptocurrency is already well known to investors and everyone more or less knows what to expect from it in the near future, but this is what limits the degree of future income. All this is usually not there when you invest in a new coin and get a big risk that you will not only not pay back your investments, but even lose, and this applies not only to an outright scam, because this is a common feature of all new projects that there will not be the right niche in the market and the project will fail. Physical hard works and labour is not equivalent to getting rich or high return or earnings but a constructive "idea" does, having a good ideology can bring a solution to a lingering problem over years. Another interesting fact is that the higher the risk the higher the return is not applicable in crypto as it mostly sounds to be a signal to scams and fraudulent schemes who appear in such manners in the digital world of Cryptocurrency.
All investment involves some level of risk no doubt but there some certain risk that don't need taking just because investment involves risk, for example, crypto investment involves risk but it varies from project to project, investing in already established project like btc, eth, bnb are lest risker than in new project, the risk is high so is the reward if you are lucky.
Everything in crypto is a risk as we can't guarantee the price of it and being no ability to control its value. But we can say its still a good decision to have and try it as we can make our money grow more if were able to invest in a good project or if we got in the right time were the prices keeps pumping. 
Only young and naive guy believe in high risk high return
In the world wars, young and naive people go to battle field and fight each other to death, they take risk to protect the war that they can never win, while they’re being manipulate by the other group of elite who do not like to take such risk. These elite tell the young people to take the risk despite they know it’s risky and they don’t want take the risk but want someone else to take such risk. Many people died and sacrificed in the war that can’t be won. The elite do not take the risk, not only they didn’t take risk they also profit a lot from the war, for the people who love to advocate high risk high return, NOPE you’re wrong, they take no risk while they can make the maximum profit that those of you who take risk can only dream of.
Since the war is over, it’s not profitable for the elite anymore. They know what is their next move after the war. Yup, money, they’re now looking at money, they know money has the same properties to a world war, they also know they do not like to take risk, so now they tell all you idiot to take risk that they don’t want to take and deceive you to believe high risk high return, you’re real idiot if you didn’t learn from the previous lesson, you’re idiot if you didn’t learn from the world wars, you’re idiot to take risk that they tell you to take while they making maximum profit taking no risk at all.
Every token trade is High risk we all traders know it. But after that we take the risk for more profit we all of know that no risk no gain. China recently tells they support this token then prie is increase day by day.Young take a good place as soon as possible.In the world wars, young and naive people go to battle field and fight each other to death, they take risk to protect the war that they can never win, while they’re being manipulate by the other group of elite who do not like to take such risk. These elite tell the young people to take the risk despite they know it’s risky and they don’t want take the risk but want someone else to take such risk. Many people died and sacrificed in the war that can’t be won. The elite do not take the risk, not only they didn’t take risk they also profit a lot from the war, for the people who love to advocate high risk high return, NOPE you’re wrong, they take no risk while they can make the maximum profit that those of you who take risk can only dream of.
Since the war is over, it’s not profitable for the elite anymore. They know what is their next move after the war. Yup, money, they’re now looking at money, they know money has the same properties to a world war, they also know they do not like to take risk, so now they tell all you idiot to take risk that they don’t want to take and deceive you to believe high risk high return, you’re real idiot if you didn’t learn from the previous lesson, you’re idiot if you didn’t learn from the world wars, you’re idiot to take risk that they tell you to take while they making maximum profit taking no risk at all.
because indeed whether it's trading or investing in coins each has a different level of risk,
what is clear i don't think we can avoid a risk
All investment involves some level of risk no doubt but there some certain risk that don't need taking just because investment involves risk, for example, crypto investment involves risk but it varies from project to project, investing in already established project like btc, eth, bnb are lest risker than in new project, the risk is high so is the reward if you are lucky.
Investors must be aware that crypto investing is very risky, the first thing before entering crypto is of course understanding the risk, maybe this is like gambling because the opportunities for profit and loss are the same, but based on my experience crypto investing is profitable if we can be patient and don't panic when the price drops.
Gambling might have been a good source of income if there was no advantage to the casinos, the house edge. Trading is profitable and a superior way of making money as compared to gambling because you aren't fighting a house edge.I don't know why people feel that taking risks is a bad mentality when the richest guys have all taken huge risks to become what they are now. Recently everyone is talking about Elon Musk so for anyone who doesn't know, the guy took a huge risk to launch his rockets and kept trying until he was nearly bankrupt and succeeded.
People search for risks free investment, and they end up being scammed. It's the mentality of the majority. Without risk, there's no gain, simple as that. There are no guarantees when it comes to investing, businesses, gambling, it's trying and pushing what makes the difference between successful people and failures.
Elon Musk is just one of the people who took the risk and made something big, and it's the formula, believe something, and push it till the end, even when it's hard. There are no shortcuts to success.
I negate the notion for high risk equivalent to high return, let take a look from this direction, the difference between the skills and unskilled labour, who take the most risk in service delivery, all the skilled labour need to do is plan, arrange and organize a structure and give directions for proceedings, but the unskilled labour will be the ones to carried out the task, market it, advertise it, and had a direct contact with the buyers, and in the case of the craftsmanship, they use their energy, labour to achieve a desired work specification under the sun or in the rain to ensure the task is done, the unskilled labour get little pay while the skilled labour is paid higher in most business settings.
Physical hard works and labour is not equivalent to getting rich or high return or earnings but a constructive "idea" does, having a good ideology can bring a solution to a lingering problem over years. Another interesting fact is that the higher the risk the higher the return is not applicable in crypto as it mostly sounds to be a signal to scams and fraudulent schemes who appear in such manners in the digital world of Cryptocurrency.
Physical hard works and labour is not equivalent to getting rich or high return or earnings but a constructive "idea" does, having a good ideology can bring a solution to a lingering problem over years. Another interesting fact is that the higher the risk the higher the return is not applicable in crypto as it mostly sounds to be a signal to scams and fraudulent schemes who appear in such manners in the digital world of Cryptocurrency.
Only young and naive guy believe in high risk high return
In the world wars, young and naive people go to battle field and fight each other to death, they take risk to protect the war that they can never win, while they’re being manipulate by the other group of elite who do not like to take such risk. These elite tell the young people to take the risk despite they know it’s risky and they don’t want take the risk but want someone else to take such risk. Many people died and sacrificed in the war that can’t be won. The elite do not take the risk, not only they didn’t take risk they also profit a lot from the war, for the people who love to advocate high risk high return, NOPE you’re wrong, they take no risk while they can make the maximum profit that those of you who take risk can only dream of.
Since the war is over, it’s not profitable for the elite anymore. They know what is their next move after the war. Yup, money, they’re now looking at money, they know money has the same properties to a world war, they also know they do not like to take risk, so now they tell all you idiot to take risk that they don’t want to take and deceive you to believe high risk high return, you’re real idiot if you didn’t learn from the previous lesson, you’re idiot if you didn’t learn from the world wars, you’re idiot to take risk that they tell you to take while they making maximum profit taking no risk at all.
Every token trade is High risk we all traders know it. But after that we take the risk for more profit we all of know that no risk no gain. China recently tells they support this token then prie is increase day by day.Young take a good place as soon as possible. In the world wars, young and naive people go to battle field and fight each other to death, they take risk to protect the war that they can never win, while they’re being manipulate by the other group of elite who do not like to take such risk. These elite tell the young people to take the risk despite they know it’s risky and they don’t want take the risk but want someone else to take such risk. Many people died and sacrificed in the war that can’t be won. The elite do not take the risk, not only they didn’t take risk they also profit a lot from the war, for the people who love to advocate high risk high return, NOPE you’re wrong, they take no risk while they can make the maximum profit that those of you who take risk can only dream of.
Since the war is over, it’s not profitable for the elite anymore. They know what is their next move after the war. Yup, money, they’re now looking at money, they know money has the same properties to a world war, they also know they do not like to take risk, so now they tell all you idiot to take risk that they don’t want to take and deceive you to believe high risk high return, you’re real idiot if you didn’t learn from the previous lesson, you’re idiot if you didn’t learn from the world wars, you’re idiot to take risk that they tell you to take while they making maximum profit taking no risk at all.
Investors must be aware that crypto investing is very risky, the first thing before entering crypto is of course understanding the risk, maybe this is like gambling because the opportunities for profit and loss are the same, but based on my experience crypto investing is profitable if we can be patient and don't panic when the price drops.
Gambling might have been a good source of income if there was no advantage to the casinos, the house edge. Trading is profitable and a superior way of making money as compared to gambling because you aren't fighting a house edge.I don't know why people feel that taking risks is a bad mentality when the richest guys have all taken huge risks to become what they are now. Recently everyone is talking about Elon Musk so for anyone who doesn't know, the guy took a huge risk to launch his rockets and kept trying until he was nearly bankrupt and succeeded.
High risk really means high return but at the same time it means high probability of loss and no one talks about that. People say like if you want a lot of money, you have to risk a lot but they don't say - if you want to become poor, you have to risk a lot. I.E. people only love to talk about the one side of the medal.
Also, the rich people this man talks about, still risk but the difference is that we are responsible for their risks and we pay the price for it but we don't get the reward, to say shortly, they risk and they get rewarded but we pay anyway.
We've always been a one-sided mate. Most of us will keep saying we can really make a decent profit from investing in Bitcoin and encourage people to make a deal with it. We always focus on how to make money from here neglecting to think that we might lose everything we have for just a single mistake. And the reason why? It was because we wanted to keep positive, we wanted not to brag about these negativities as this will be the reason why we got to fail. Also, the rich people this man talks about, still risk but the difference is that we are responsible for their risks and we pay the price for it but we don't get the reward, to say shortly, they risk and they get rewarded but we pay anyway.
Sometimes young people are the most lucky ones, they still have their chance of loosing. So, why not?
I think taking high risk in trading or investment has nothing to do with age, some people by nature are inclined towards gambling to get quick rich but my learning through experince and life time observation taught me a clear lessson that such adventures eventually end up in disaster with some exception when they win becuase luck is on their side. Risk managment is a science and we should learn it before jumping into any kind of trading and i can say with confidence you will win most of the time when you follow it.
Lol you are comparing wars with investment? That's the most absurd comparison I have ever seen. What happens in a war is totally different. And it is true that high risk gives high returns. As long as you willing to risk high, there is a chance you will make a profit. But the chance is very low, hence the term "high risk". Just because you are taking high risk doesn't mean that you will be making profit every time. There is a chance that you will lose everything. Think of shitcoins. They are high risk investment because 99.9% of the time you will lose literally everything. But again there is this 0.1% chance that might change your life. Now its up to you if you would like to risk it or not.
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