Topic: Should i take the risk or not - page 3. (Read 977 times)

I would  suggest you get the knowledge first. Advicing people on what coin to invest in is unethical. Do your own research come up with your findings then we can help you in your analysis this is where our own advice can come in. Because research has shown investors who do not research have issues with patience because the want to start seeing the profit immediately and might start giving up too early. So get the knowledge first so you can appreciate your holding decisions

it's very risky because you will use the funds for business next year because we know the price of crypto or bitcoin is volatile, it can pump and even suddenly dump, much better if you want to invest in crypto use money that is ready if you lose that money don't use the money you will use for business purposes it is very risky

Brother it's totally up to you where you want to invest your money if I talk about bitcoin I think this is little bit risky as you said you have to invest your money somewhere else in the next year of may so according to me I will tell you invest only 20% of your amount because it can give you lose instead of profit.

Given the fact that it has been almost two weeks since OP last appeared here, can we all agree that this thread has run its course and it's time to stop repeating the same thing over and over again?

@Mods please lock this thread!

As someone who goes into investing without knowledge is bound to lose, there could be other investors that have made well with their choices as they take risks but it could be luck.

But someone who is knowledgeable in what he invests in, he can take risks easily without worry.

I picked up these two parts of your write up because, I felt its an important but less spoken of part of your write up. Yes, OP might have blatantly ignored or is ignorant of the first rule of investing which circles about 'Investing only what you can afford to bla. bla.. bla...'  but one thing I most bring to the notice of users on the forum is that, this OP spells out that he or she wants to learn the ethics of bitcoin and inventing.

To this regard, I would suggest that, you stand by your words or decision and do the first best thing to and for yourself by learning what is there to know of the trade you are about taking up. All that have been said in the comments are correct and should be taken mote of as well.

Again, living a sizeable amount of money in the bank is very much a waste but then, investing it in bitcoin or any investment at all is not always accompanied with a 100% assurance of profit. There are ups and downs in investments and bitcoin has got that too though, every crypto enthusiast would always want you to take the risk. Likewise me too but that's only if it's what you can bear it loosing, not like you would lose it and then, know that, investments aren't always promising but you can profit as well.

I don't think you are taking a risk. I should say that you throw stones and ask directions first and try to participate. For example, if the same course is free, most of us will not cherish it. If it is paid, most people will take the course seriously, such as You have not bought Bitcoin. There is a high probability that you will not study Bitcoin seriously. If you buy it, then you may really understand and study Bitcoin. Don’t ask about the income first, I think it will bring you more than just It is gains, thoughts, and a world different from the current world.

Taking the risk of investment is up to you, no one hear can give the right to invest or not, that's your choice , we can only advice you on that and my advice to you would be to make out time and understand what you are about to venture into , if it about increasing your money , friend I think you need to keep it in the bank , but if you want to grow with Crypto and the  blockchain technology understand it vividly before you invest .
 I hope you make a good choice

Risk-taking is a vital part of human existence and investment, if you can't take risks then you may never succeed, but again I will advise you not to invest all your savings in cryptocurrency you should invest a little amount since you are still a newbie and keep learning how Bitcoin market works before you go all-in with the whole of your capital.

Risk, struggle and tired when you passed it all then you will be successful like in investment you should take a risk when you invest from bitcointalk money because  it is Volatile

All Investors take a risk for their money cause they Will know after a months/years their Money will grow.
In your Case you have to options first Invest or second put it on the Bank. If I were you right now I'll better to invest my money than banking there's a possible that my capital multiply by 2 or more cause from the word itself invest expend money with the expectation of achieving a profit or material result by putting it into financial plans, shares, or property, or by using it to develop a commercial venture.
https://www.investopedia.com/terms/i/investing.asp
 

A business termilogy said and I quote: don't put all heads in the same basket, business itself involve taking a risk, but it's always good when the risk level is low, make research and ask questions regarding any crypto you want to invest on, but preferably I will advise you take your time to study the trend and understand before investing with your money, remember experience is the best teacher but its never good to learn from our mistakes, rather learn from others mistakes.

Crypto is wide and its so interesting that you keep learning everyday, take your time to learn first before investing and don't use all your life savings on same investment

I invest in bitcoin if I have capital, and I will do that without stamping a risk badge on it, I don't know if you are a work and pay person, like if this is your first time to invest, but if my thoughts about you is what it is then, you have skipped pages in the books if you are to invest in crypto-currency, I haven't invested in alt-coin but I am not going to ask any one this question you asked if I haven't had knowledge about the alt-coin, and not the investment knowledge of it, but the general coin.
And again the scammers especially YouTube, plunges to their scamming work if they read such questions from a -Newbie-.

It is better to involve and take risks in business or investments, but before one thinks of risk, then he/she should
1. Know the basics and have an understanding of what to take the risk about.
2. In the beginning, not everything should be invested to avoid total loss.

Bitcoin is something that you cannot predict 80% of its next move for the coming year, months, weeks, or days, because the fluctuates all the time,
so before you invest in bitcoin, or buy then I will recommend you have a knowledge of the business and have a good analyst who has been in the business as a coach, to avoid losing your whole or entire capital.

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.

Many people like to deposit money in the bank to obtain interest income. It is very difficult to add value through this traditional way. Bitcoin and blockchain technology are changing the role of money and banks in society. Compared with banks and other institutions, Bitcoin is a good choice in the current society. Although Bitcoin has certain risks and it is difficult to obtain a lot of benefits in the short term, but you will definitely get high profits if you insist on long-term investment in Bitcoin. It is more profitable to invest money than to deposit it in the bank. It has already brought benefits to many investors and enabled them to achieve wealth freedom.

No one will give you unequivocal advice here, and I would not advise you to rely on the advice of the forum alone, you must choose for yourself a strategy for making money or investing with such capital, you can invest not only in bitcoin create an investment wallet with top coins and change their order on a monthly basis, this will reduce the risk of losing everything, it is not worth investing all your money in just one coin.

Why not put a little amount and not all the money, the risk is attached to everything that we do, you can't take risks then nothing will happen to you,
but always remember in crypto that invest only the money you are willing to lose because in crypto the price can go up and down in seconds and so be prepare and have control over your emotions is very important.

The first thing that you must remember about investing in Bitcoin is:
Be ready for the risk.
If you yourself don't know if you can take the risks or not, I will not suggest you invest in Bitcoin. Because Bitcoin is very risky, once you lose your money and you are not ready with the risk, it's over and you may be stressed. This often happens.

Then, please also remember about another thing when going to invest in Bitcoin or other cryptocurrencies:
Only use free money.
It means that you must use only free money, in which you will not use the money for a long time, at least 4 or 5 years later.
We don't know what will happen to Bitcoin next year. It may probably keep decreasing or rising up. But, If you want to use the money in May, it is also not a wise and good thing to use the money for investing in Bitcoin. Because, if you don't find the rising price in may next year, you will really lose your money and your business funds may be lost.
I am here not making you be afraid or panic not to invest, but, I only tell the reality.
If you want to use the money for your real-life business, better not to use it for investment in Bitcoin right now.

No one knows and no one can guarantee if you will lose your money or get profits. We cannot predict the price of Bitcoin in the future exactly 100% true.

I see that you are still doubtful and not ready for the risks, so, I think that it is better for you not to invest in Bitcoin right now using that money for business next year.

You can first understand the knowledge of cryptocurrency. If you do not understand or understand the cryptocurrency market at all, you are likely to lose money. You can also read the opinions of everyone on the forum. If you invest in Bitcoin, you can hold it for a long time and don't sell it, because Bitcoin has long-term value.