You cannot eat your cake and have it - page 7.

samycoin

full member

Activity: 812

Merit: 100

Quote from: dabenko on September 27, 2018, 07:51:42 AM

There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.

That's true some people don't mind what will be their lose in the end so be responsible it comes to your investment manage it well don't be so greedy to make profit. Because in the end you the only one will suffer to what you doing.

Vaculin

hero member

Activity: 2912

Merit: 613

Quote from: Akoldi_ibk on October 07, 2018, 04:13:13 PM

Mistake of many investors or crypto newbies: investing their life savings and taking loans to invest in cryptocurrencies thinking it would double over night —having no clue that the long winter is bound to come, that long bearish market are part of experience. Whereas one can earn in this space without investing anything except time and energy.

Right.It is not really a good step to invest all of your income into crypto which is really very risky because you don't hold the result of your investment.You may make profit or worst lose in the end.So invest only a little amount first and take step one at a time.

Akoldi_ibk

jr. member

Activity: 1050

Merit: 1

Mistake of many investors or crypto newbies: investing their life savings and taking loans to invest in cryptocurrencies thinking it would double over night —having no clue that the long winter is bound to come, that long bearish market are part of experience. Whereas one can earn in this space without investing anything except time and energy.

charlotte04

full member

Activity: 504

Merit: 102

Quote from: dabenko on September 27, 2018, 07:51:42 AM

There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.

Yeah, as they see in the past year that crypto really had its up rise and people are in FOMO that is why they want also to have that kind of money and they intended to gamble anything.

omonuyak

sr. member

Activity: 882

Merit: 269

Quote from: dabenko on September 27, 2018, 07:51:42 AM

There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.

You really have to make a higher investments' risk in other to make money from the market. Borrow money or investing with your risk money is what we all do do. Life is all about risk and most people believe in if I fail I fail and if I succeed I succeed before putting their money into investments. If you know you are afraid of losing then investing into cryptocurrencies is not for you as you most lose.

criza

full member

Activity: 574

Merit: 108

Well, in the world of investment, you have nothing to else to go through but to always take the risk. But the question is not just about what kind of risk you are going to take but rather it is how you are going to take that risk. It is very important that even though risk is a matter of guts, it is very important to always bear in mind that it must be well-calculated. Investing also requires failure which is needed in order to gain experiences and knowledge because only then we can be truly have it if we go through it. Moreover, if we think that we could only just invest what we think we could lose, then we are not aiming for the best, we are just aiming convinience. However, it does not necessarily mean that we should give it our all. After all, it is not wise for you to have no plan B.

klien_br

sr. member

Activity: 402

Merit: 254

Quote from: denuhaqiqi on October 07, 2018, 06:24:48 AM

Investment in crypto requires knowledge and experience. Not enough by speculate. Moreover, putting all the funds we have in crypto is very worrying because the risk is too big to lose. Learn well what we invest, and starting small can be safer.

I think any of the new commers who are joining the world of investment into cryptos should try to speculate more than investing. Investing here is really much risky but anyhow much profitable so investing here is worth.

Juggy777

hero member

Activity: 2646

Merit: 686

Quote from: dabenko on September 27, 2018, 07:51:42 AM

There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.

The popular saying you're referring is 'do not put all your eggs in one single basket', while this term is often used in stock market and for mutual funds it's preety much valid for Cryptos. As a financial planner I have often suggested people to have cryptos as some % of their portfolios, and not invest completely in it, to my risk takers I do suggest more investing in cryptos, but over a period of time I do balance it, for my not so risk averse clients I only add few % of cryptos to expose them to the possible gains.

I'll agree with the last line people often ignore the risk and volatility associated with it, while some can handle it, some can't best to study before Investing in it.

Hatuferu

legendary

Activity: 1092

Merit: 1000

https://trueflip.io/

Quote from: denuhaqiqi on October 07, 2018, 06:24:48 AM

Investment in crypto requires knowledge and experience. Not enough by speculate. Moreover, putting all the funds we have in crypto is very worrying because the risk is too big to lose. Learn well what we invest, and starting small can be safer.

Just invest what you can afford to lose because crypto investment may be like gambling,you are still unsure if you will win or make profit in the end.Maybe if a bull run is happening right now,it would be advisable to invest with a maximum capital.But the market is down today,so learn to start investing with a minimal amount.

denuhaqiqi

jr. member

Activity: 420

Merit: 1

Investment in crypto requires knowledge and experience. Not enough by speculate. Moreover, putting all the funds we have in crypto is very worrying because the risk is too big to lose. Learn well what we invest, and starting small can be safer.

vixcious

full member

Activity: 560

Merit: 100

That is a basic rule, but many people have committed it. it was worse. They do not know how much that makes them nervous. The best way is to save money from now. Within a year, we will have some money that we never want to use and that is the amount we should spend on investing.

Globalbitcoinl

jr. member

Activity: 182

Merit: 1

if a person does not see the goals for investment, he will not achieve results and will not be aware of his current expenses

CASTIEL05

member

Activity: 560

Merit: 13

Quote from: dabenko on September 27, 2018, 07:51:42 AM

There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.

Investment is just like putting your money into a risk. If you don't like to lose all of your capital then do not enter your money.
I believe also that every investment has risks, it does not matter if it is low or high, it matters how will you become profitable.

Menawi12

member

Activity: 700

Merit: 10

Quote from: dabenko on September 27, 2018, 07:51:42 AM

There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.

I am agree with this statement. We should not put all our money in single investment. We should have emergency money in the banks and we should realize that not every investment profitable because market always have high volatile

hispout

full member

Activity: 308

Merit: 101

Quote from: Slow death on October 03, 2018, 05:38:25 PM

I'll talk about myself:

When I joined the forum I did not know the forum. after months I realized that it would be very difficult to have bitcoin using faucets, that's when I had the idea of selling my things to buy bitcoin, yes I sold a lot of things and bought bitcoins and I do not regret doing it. but of course I do not think it's right to sell house and car to buy bitcoin unless the person has many houses and cars

Quote from: boled on October 03, 2018, 12:36:10 PM

Honestly, I've been in this position. and don't want to fall back to the same hole.

I understood nothing, could you be clearer?

Quote from: Paristatio on October 03, 2018, 12:10:32 PM

Borrowing money or trading is very stupid and inmature.

I agree that no one should make loan to buy cryptos

I can see, it work for you, but have you forgotten that it doesn’t work for everyone? There are people who tried the same thing and when they invested they never got any profit from the investment. I know a friend of mine that sold some properties to buy Bitcoin cause he thought he was going to make a lot of profit and never thought of the risks that are involved. Well, I’m happy that he didn’t lose everything. So this is very risky.

tbterryboy

sr. member

Activity: 1988

Merit: 322

Meehn, you’re saying the truth, and this is not the first time I’m seeing this. I have once seen someone in this forum talking about investing his life savings into cryptocurrency and was seeking for advice on how he can invest it. I was like ‘is this crazy or what? How can you be talking about investing a whole life savings into cryptocurrency, you didn’t even think of the possible loss that can occur at anytime. Well, if you’re ready to be a loser, that’s your business.

KorakPawon

member

Activity: 350

Merit: 11

Quote from: dabenko on September 27, 2018, 07:51:42 AM

There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.

that means do not lust, do according to our ability if doing that in my opinion is not wrong as long as the goal is good and take advantage of the situation or unused items which are then exchanged and used to increase the business capital of bitcoin, but we need to remember everything there is a risk we have to face.

manismanja

member

Activity: 518

Merit: 11

on cryptocurrency this risk is very high and you should be able to understand this risk as best as possible because if you do not know the risk when investing in cryptocurrency you will lose, but if you already know I am sure you want to do your best to not lose and get profit.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Biscutard on October 04, 2018, 03:41:15 PM

Quote from: dabenko on September 27, 2018, 07:51:42 AM

There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.

For those who are planning to invest a borrowed money, this is not a good idea since the crypto currency market is not that easy to just put your money and all you have to do is wait and viola you got your money back. No, that's not right because in reality you are not the person who's doing of what you think you gonna do. We are all in this market for one good reason, for a profit and it's us to decide whether we continue to learn or continue to look those who are on top already.

Borrowing money in order to trade is probably one of the worst ideas that a trader could do, in a way this reminds me of those people that are addicted to gambling, since they are going to do anything to keep playing their favorite games, if you lose your money when you are trading the market is telling you that you are not good enough to earn money out of it, there is no need to borrow money to learn that lesson again.

Becksinsky

jr. member

Activity: 233

Merit: 1

The golden rule is that investments must be differentiated. You cannot invest all the money in one project.

Topic: You cannot eat your cake and have it - page 7. (Read 1614 times)