Topic: Should i take the risk or not - page 2. (Read 977 times)
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.
Well taking risk is an important point in trading, the more the risk taken, the more gain you have but it need some time most especially in trading bitcoin. The limited time you stipulated might run out without you even regaining your money, but with time it will surely become successful. Therefore according to rule, do not invest the money you can't afford to lose.
For the fact that leaving your money in the bank can not yield you much interest and invest in cryptocurrency is a risky game, the responsibility is left in your hands to decide either to take that risk or leave with your fears. But only invest what you can afford to lose.
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.
This contradicts one of the popular rules of investment; only invest what you can afford to lose. Investing funds you actually need (or would need in the near future) puts you in a tight spot as you'll be more likely to cut your loses at price drops.
Only invest amounts you can afford to lose, you could also DCA;
• Start a real life business,
• Apportion a part of your regular profits to buying Bitcoin,
• This would be a fixed amount at a fixed time, such as weekly or monthly
This way you build your portfolio over time with less risk.
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?
The burden of the final decision rests on you and do not view any reply here as financial advice.Will I lose my money if I invest now?
You do not lose funds invested in Bitcoin unless you sell at a loss
This is just the perfect answer to the question. If the poster takes heed to these points, by this time next year he will be back to say thank you.
The mind of every investor or every man going into business is either to make profit or gain profit,but one thing that accompanies business is taking a risk.They say it is risky not to take a risk than taking a risk.
Risk is part of life,it is only those that have determined to succeed by all cost that takes a risk,and a risk taken today,is the price that has been paid for a successful future. Take the risk by investing today and have the hope of a blissful future tomorrow.
Risk is part of life,it is only those that have determined to succeed by all cost that takes a risk,and a risk taken today,is the price that has been paid for a successful future. Take the risk by investing today and have the hope of a blissful future tomorrow.
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.
People are misunderstanding taking risk when they buy things that they don't know and just learned from the others and heard them that they made money.
But this is blindly taking risk and it's not a good strategy if you're a risk taker. All they assume that they've taken risk and awaits that it will bear fruit but without understanding what they did and what they are entering, that's a mistake.
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?
If you take the risk it may come out with positive results, since you are going into a long-term investment I'm not sure the end of it will be loss. Taking the risk is the action most good investor go after. Go ahead and investYes you can take the risk but the condition is only when you can afford to lose and also before taking risk you have to knowledge about bitcoin means you should do some research before putting your money on investment. But for those who can not afford to lose then they should not take the risk because it's not that easy you think.
This is correct procedure upon taking risk.People are misunderstanding taking risk when they buy things that they don't know and just learned from the others and heard them that they made money.
But this is blindly taking risk and it's not a good strategy if you're a risk taker. All they assume that they've taken risk and awaits that it will bear fruit but without understanding what they did and what they are entering, that's a mistake.
Will I lose my money if I invest now?
Yes you can take the risk but the condition is only when you can afford to lose and also before taking risk you have to knowledge about bitcoin means you should do some research before putting your money on investment. But for those who can not afford to lose then they should not take the risk because it's not that easy you think.
This is correct procedure upon taking risk.People are misunderstanding taking risk when they buy things that they don't know and just learned from the others and heard them that they made money.
But this is blindly taking risk and it's not a good strategy if you're a risk taker. All they assume that they've taken risk and awaits that it will bear fruit but without understanding what they did and what they are entering, that's a mistake.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
Okay fine i properly read your question.Investing is risking. The beauty for Bitcoin is that even if you are not a trader you still could profit a lot when the price goes up.If investment is your only option then you should invest those amount what you can afford to lose.what would you possibly do by then? Would you be selling with a loss or would you continue to HODL until profit is made?Well though business is your ultimate goal then you can choose your own.
I think @upgrade00 already said it all, @op said he has $3k usd which he plans to use next year for business, we all know that bitcoin and cryptocurrency in general are very volatile and highly unpredictable when it comes to price movements, understanding correctly what the op is trying to say, he probably can't afford to lose this money since he plans to start up a business with it next year, even though I would say investing the money in bitcoin is best compared to putting it in the bank, but investing it in bitcoin also has its own risk, so my advice is to just follow what @upgrade00 said, start up a business with that money and invest a certain percentage of profit in bitcoin every week or month, which ever is more convenient and bearable.
Okay fine i properly read your question.Investing is risking. The beauty for Bitcoin is that even if you are not a trader you still could profit a lot when the price goes up.If investment is your only option then you should invest those amount what you can afford to lose.what would you possibly do by then? Would you be selling with a loss or would you continue to HODL until profit is made?Well though business is your ultimate goal then you can choose your own.
Yes you can take the risk but the condition is only when you can afford to lose and also before taking risk you have to knowledge about bitcoin means you should do some research before putting your money on investment. But for those who can not afford to lose then they should not take the risk because it's not that easy you think.
No one knows, only invest what you can afford to lose.
If investment is your only option then you should invest those amount what you can afford to lose. By reading your thought i understand that you know better about bitcoin risk and its volatile. How much volatile is it, and thats why you asked about this that in this 1year is this amount should be better to invest. Then if it gives a good return in one year then you might invest a more to your business. Well though business is your ultimate goal then you can choose your own. But we bitcoiners are hopeful. We live in hope. And its your choice if you can live in hope then you can choose to invest and wait for your time. Now its your choice.
Should i take the risk or not
Yes
Now what was the question?
Also, never, ever do more than you are prepared to lose.
Also, never, ever take investment tips from random dudes from the Internet!
Should i take the risk or not
Yes
Now what was the question?
Also, never, ever do more than you are prepared to lose.
You talking about the digital currency that you can invest money on and still be able to sleep at night? Yes that's what BTC and I don't feel or think about what may happen I just buy and hold here and there because BTC is the true decentralized project I ever know, whatever the market throws BTC will keep standing strong, you only lose when you sell at loss
I think you leaving your money I'm bank there is no alway profit but if you invest in bitcoin most especially long term investment you should be expecting a very good return In the next few years but if it is in your bank no profit. If you can't take risk you can never make it you just have to take risk before you can make it and bitcoin is even a nice investment so I believe if you can take the risk then In the nearest future you will already be in a good profit already.
Your money is yours, but you should do some research before investing. It's like putting money on a horse and betting on it before it wins a race, you might get lucky, but you might get very unlucky.
However, with the cryptocurrency's recent surge, there are signs more people are finding that bitcoin is a worthwhile gamble.
However, with the cryptocurrency's recent surge, there are signs more people are finding that bitcoin is a worthwhile gamble.
How did you now about bitcoin? Did your friend told you, or did you get curious about it?
You should read more information and idea about how bitcoin works and you need also to understand how blockchain technology operates in the digital world.
It is hard to invest on something that you are not knowledgeable about.
Keep in mind that money is not that easy to earn so it is also not that easy to waste, if you invest it, make sure that you still have money for personal use. Emotion is also a crucial part in an investment, you need to deal and know how to control it so that it can't affect your life.
You should read more information and idea about how bitcoin works and you need also to understand how blockchain technology operates in the digital world.
It is hard to invest on something that you are not knowledgeable about.
Keep in mind that money is not that easy to earn so it is also not that easy to waste, if you invest it, make sure that you still have money for personal use. Emotion is also a crucial part in an investment, you need to deal and know how to control it so that it can't affect your life.
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?
Your question is very risky to answer.Will I lose my money if I invest now?
You need to know Bitcoin price movements are very sensitive no one can guarantee your money $ 3k, growing or less.
Basically everyone involved in the crypto world, especially in the field of risk investment has become a basic challenge in this case, back to your good fortune.
For that, if you have doubts, especially Bitcoin in the month of May, you should back off, but if you have a strong inner bond, the Bitcoin price makes you happy, do it, bottom line: this problem is in yourself do or not (investment).
Op, it's obvious that no investment that does not require a risk, a risk taker always make a profit, so relating this to your question, investing in bitcoin with a particular amount doesn't assured you that you will make a surplus profit after some period of time or interval, because it's obvious that cryptocurrency is a decentralized currency and no one knows what will happen to it's price regulations next year
or next minute, maybe they will be a deduction, price suitability or falling of bitcoin, at this point of time buying a coin is base on decision and determine because it involves risk, and in it's process you might make a gain or you lose, that is the simplest truth or the concept about cryptocurrency. Finally make your choice weather you invest or you keep your fiat.
or next minute, maybe they will be a deduction, price suitability or falling of bitcoin, at this point of time buying a coin is base on decision and determine because it involves risk, and in it's process you might make a gain or you lose, that is the simplest truth or the concept about cryptocurrency. Finally make your choice weather you invest or you keep your fiat.
Jump to: