There is no normal being that loves getting losses on business, career, investment and trades that's why even company holders make financial policies to keep record of investment and profits flows. And unlike other business bitcoin also makes sales and losses if you do not investment wisely....is nice when you put in what can not put you sickbed or gives you hypertension, don't invest out of what you cannot withstand the loss.
Is better to use small money or learn risk management first before investing especially newbies.
This topic has been discussed so many times but still I have seen many people in my real life that still lacks this knowledge i should say skill, because saving is a skill that everybody can't acquire, and if few acquire then they are most probably the ones, wasting it on unnecessary things.Is better to use small money or learn risk management first before investing especially newbies.
The point is, people just want to make a hell lot of money at once and they did not want to start investing from a small amount because they know small investment brings small profits and big brings big profits. And this logic has been inscribed into the minds of young ones and most of them just waste their time for getting investment money from someone (maybe a relative, parents or any person) and once they got it they seek ways to invest it, in ways that they don't even have to work for it just put their investments and wait for profits.
This is just chaos, i have seen so many practical life examples and tried my best to teach them the basic rule you have started, but still, any fail to acquire it too. i know this rule seems so simple and many intend to ignore it but simply becomes hard when time passes and you have got no more of it.
