Should i take the risk or not | Bitcointalksearch.org

Shamm

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Quote from: Wisdom O on July 11, 2021, 03:13:07 PM

Hi everyone, I want to learn about Bitcoin and investing. I need help on how to go about investing in Bitcoin which I don't know if I can take the risk. I have $3k which I want to keep in the bank but I'm thinking of investing it into Bitcoin. If I purchase Bitcoin now, is their any way I can profit from it from now till next year May? I am planning of using the money next year for business.

Should I take the risk of investing in Bitcoin now or better still put it in the bank?
Will I lose my money if I invest now?

OP this thread run for a long time I think it's time to lock this thread to prevent spam from other user you can lock this topic in the left bottom of this thread.
Cause as I observe earlier there's many newbies bumping old threads I don't know why.

Lordhermes

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There is risk involved in every business.Any business without risk,whether small risk or big risk,it'snot a business that will generate money.
Life requires one to take a step and do the things you are scared of.Take the risk by investing,either in long term or short term.
If your scared of day trading,then you hold.

tintingp

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It is difficult to predict the future of Bitcoin. It is dependent on customers all over the world. But I want to tell you if you have a complete idea about trading then do it. And if you don't have an idea about trading, get an idea about it. Because you never want to waste your precious money. So it is very important to understand technical analysis, fundamental analysis and trading charts.

Thank you.

Jazzi Mahesh

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Without taking risk it wouldn't be possible for you to make some good money or at all money in Forex Trading.

Alisha-k

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No one can give you a precised response as to whether or not Bitcoin would appreciate and when that will happen. But do you even have a personal knowledge about how Bitcoin operate?
This is coming so many months after your post and am wondering what your decisions where and how it turned out to be.
.where you able to purchase Bitcoin?
Did you use 💯 of the money you had and has it appreciated so far???

Cryptions

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Better not to invest what you can't afford to lose 100%.

Patigi

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You can take a risk when you actually know what you want to risk for, especially when it is time of Bitcoin. If you can't take risk in life then you are not ready to win because every business involve risk but risk are just powerful than one another. For me I toke a risk in 2017 by investing my all money in Bitcoin. I bought Bitcoin worth $1k and I leave it 2021 before I sell off now I have make some money by the risk I pray.

JustinSun11

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No one can tell you for sure what will be the rate of bitcoin in May or not. But if you have patience, then you will never be in loss in good assets. And you should invest the money which you are ready to forget after investing it. Bitcoin is something that came in 2009 and till now the world has not understood it properly. So you yourself are wise that when people start knowing it well, then what will be its future. When there is no understanding, even at that time bitcoin has crossed $65000+.

Masplanc

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Before you take the risk study the risk , weigh the risk if you should go for the risk probably it comes out to be a negative outcome if it would spoil things for you or not. Risk should be calculated very well before looking into. Some risk are too dangerous to fall for.

Luffygroove

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I wonder what happened with you now dude, have you invested your money or not?. IMHO, the key is "managing risk". If I may, I want to share some unwritten rules investing in the crypto world. First, don't use your hot money, use your cold money instead. Second, invest money that you can afford to lose. Third, divide your investment into several portfolios don't put it in one bucket. Fourth, when you trade, don't make a decision based on emotion merely and don't rely on other people to decide what and how you invest. DOYR, instead. I hope you can gain some profits from here.

TelolettOm

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I wonder if someone is asking like this, it means that he or she is not ready to take risks. 'We so far must understand our ability to take risks.
Moreover about investing in crypto which is very risky enough.
However, if you really want to try to take the risk, ensure that you really know what you take, you must learn to know the risk and also benefits that you may gain.
It may be not easy because you may lose your money because of taking the risk. But as long as you are ready you know very well about it, and also know how to manage, just go on.

tvplus006

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Quote from: Wisdom O on July 11, 2021, 03:13:07 PM

...I need help on how to go about investing in Bitcoin which I don't know if I can take the risk. I have $3k which I want to keep in the bank but I'm thinking of investing it into Bitcoin. If I purchase Bitcoin now, is their any way I can profit from it from now till next year May?..

You can get guarantees only in a bank if you still decide to open a deposit there at a very small percentage, which cannot be compared with the potential profit that can be obtained in the cryptocurrency market. But no one will give you guarantees that you will get a big profit from buying BTC until May 2022. If the market is bearish, then you may get a loss, not a profit. So you have to make your own decision.

Taskford

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Quote from: Storytellers on November 23, 2021, 07:34:30 AM

The most impostant thing is TO HAVE A reliable job on which you will count (NOT on the trading only)because of the big risk of not profiting as much a s you would like or even lose .I made the mistake to jump with both legs and that costed me a year of my life searching for a job and then proving myself in the company. Take he advice
thank you

For proper life security its really good not to quit your physical job while indulging yourself on the risk at cryptocurrency trading since in the first place we cannot really assure that we will get a profit here everyday that's why its lesson which needed to be learn by other who plan to do that on what you have experience since its really difficult to find another job especially right now where many company are closing down due to pandemic.

Storytellers

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The most impostant thing is TO HAVE A reliable job on which you will count (NOT on the trading only)because of the big risk of not profiting as much a s you would like or even lose .I made the mistake to jump with both legs and that costed me a year of my life searching for a job and then proving myself in the company. Take he advice
thank you

Kinghunter0071

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Life itself is all about risk but to me i will like to advice you before risking your money to any project kindly Check the details and look the progress of the project before taking any risk. To me i will rather take a risk on big projects and see the outcome rather investing on shit coin.

Piggymonster

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Take time to read all the comments and suggestions here you can learn a lot but at the end of the day it will be your decision if you will take risks or not. Running business or investing money always involves some risk-taking, it depends on how you manage to attain your financial goals.

Lordhermes

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Quote from: lalabotax on September 12, 2021, 05:56:38 PM

Quote from: Wisdom O on July 11, 2021, 03:13:07 PM

. investing in Bitcoin which I don't know if I can take the risk. I have $3k which I want to keep in the bank but I'm thinking of investing it into Bitcoin. If I purchase Bitcoin now, is their any way I can profit from it from now till next year May? I am planning of using the money next year for business.

My comment may be too late.
However, I personally always think that whoever wants to invest in Bitcoin or cryptocurrency, ensure that:
- You have been ready to take the risks, if not ready or confused about it, it is better not to invest
- You use free money, not money to build a business later, because you don't know whether the market will be good or not when you are willing to sell later

Risk is involved in every thing we do in life,especially when it comes to finance and making investment.But I assure you if you can have the mind and take the risk,bare two things in mind,it might come out positive,or the other way round,but be hopeful and optimistic that you will get positive result.

Taking risk in a business is very necessary and should be be done only when we made decision that anything can happen,whether you will loose or gain.You might probably be lucky enough to make good gain,so try first.

ReiMomo

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Quote from: killerman2 on July 21, 2021, 11:36:18 PM

If you have decided to invest for long term than wait for some correction and take entry on right time. This can give you profit but patience is need for this.
If this 3k is extra money and your need can be fulfilled without this 3k then i will advise you to invest otherwise bitcoin amd other cryptocurrency is so volatile and can cause big loss.

I am sure by now you might have got an idea on how to go about it. I would say, you have come to the right place and have chosen the right coin to invest your $3k as you are new to bitcoin. Yes, its a risk as long as you worry about it, but just buy and leave it for few years and do not expect any return out it now. Just watch the market. When you see its anytime ATH in future, then sell your coin for a good profit. So never worry about it. Invest and wait.

lalabotax

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Quote from: Wisdom O on July 11, 2021, 03:13:07 PM

. investing in Bitcoin which I don't know if I can take the risk. I have $3k which I want to keep in the bank but I'm thinking of investing it into Bitcoin. If I purchase Bitcoin now, is their any way I can profit from it from now till next year May? I am planning of using the money next year for business.

My comment may be too late.
However, I personally always think that whoever wants to invest in Bitcoin or cryptocurrency, ensure that:
- You have been ready to take the risks, if not ready or confused about it, it is better not to invest
- You use free money, not money to build a business later, because you don't know whether the market will be good or not when you are willing to sell later

finaleshot2016

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Quote from: TheNineClub on September 12, 2021, 01:06:48 PM

Don't know if this is still relevant, but for anybody that's new and reading, if you are asking for investment advice on the forum you might not be ready to invest. Do yourself a favor and take the time to learn where your money is going, what to expect of it, and how to plan out your investment. I mean, you can always throw away your money but why do that.

Yes, I agree with you. If you're wondering why you should take a risk, you're not ready for the investment because you don't have a reason to begin with. Most investors try to invest because they want to make money by analyzing the market; this is the most common reason, and people are willing to take risks because investing is a risk. So I'm not sure if the OP really wants to invest, but if you're looking for a good reason even if you don't need to, you might end up losing it all because of rash decisions.

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