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Author Topic: Everything is an investment-change my mind  (Read 1499 times)
Mr.Good
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April 22, 2019, 02:07:48 PM
 #221

Any investment is a lottery. And people rightly say that you need to invest only free money, which in case of loss does not greatly affect your wallet.
Investment is a risk and we should understand it.
TheUltraElite
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April 26, 2019, 05:42:07 AM
 #222

Any investment is a lottery.
Dont compare lottery with investment unless you are investing in MLM and HYIPs. Lotteries run by clubs are more or less legitimate but many of them are rigged like anything. Investments in proper stocks blonds and even crypto can reap you good chunks of profit returns but an MLM will wipe out your money one fine day just like a lost lottery.

Quote
And people rightly say that you need to invest only free money, which in case of loss does not greatly affect your wallet.
Investment is a risk and we should understand it.
No money is "free". It all comes at a cost and money is never free. Someone called it free and people keep calling it free but that is a wrong notion. You have to earn every penny and then losing it on an investment does hurt for that person. People need to understand risks but that is where many people make mistakes.

 
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CTRLX
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April 26, 2019, 08:09:49 AM
 #223

There is a risk if there is investment but there are basic golden rules that we must never forget when investing. This rules are more important in the crypto market because prices in the market are much more variable. For this reason, it is very important to buy purchases gradually, not to direct all the money at one time investment. To reduce risk it's best to try to find the right time and the right price instead of trying to catch all opportunities.
Best Dreams
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April 28, 2019, 07:06:49 PM
 #224

Any investment is a lottery.
Dont compare lottery with investment unless you are investing in MLM and HYIPs. Lotteries run by clubs are more or less legitimate but many of them are rigged like anything. Investments in proper stocks blonds and even crypto can reap you good chunks of profit returns but an MLM will wipe out your money one fine day just like a lost lottery.

Quote
And people rightly say that you need to invest only free money, which in case of loss does not greatly affect your wallet.
Investment is a risk and we should understand it.
No money is "free". It all comes at a cost and money is never free. Someone called it free and people keep calling it free but that is a wrong notion. You have to earn every penny and then losing it on an investment does hurt for that person. People need to understand risks but that is where many people make mistakes.
I know there is nothing free and for everything we will have to face proper struggle otherwise we will not be able to gain money, I know this is really crypto age but still we will have to work and we will have to be ready for everything to make profit, but it is the most important to be careful while investing your money, choose the most promising investment.
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April 29, 2019, 05:36:09 AM
 #225

Any investment is a lottery. And people rightly say that you need to invest only free money, which in case of loss does not greatly affect your wallet.
Investment is a risk and we should understand it.
I don't feel that all investments are lottery. well, maybe we have a different opinion in this matter. although various new investments have the potential to change our minds. but, I also believe that every investment also has a big risk.

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TheUltraElite
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May 01, 2019, 05:26:03 AM
 #226

There is a risk if there is investment but there are basic golden rules that we must never forget when investing.
It is the same in everything just like the OP has said. Unless you are making money after getting a proper job if you are just trying your luck and/or so called market analysis to make money then risk will be there.

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This rules are more important in the crypto market because prices in the market are much more variable.
Volatility in market is again relative. Current 1m may not such that much if you look at it in the long term. Crypto is notorious for its huge swings in price but that only makes analysis more difficult.

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For this reason, it is very important to buy purchases gradually, not to direct all the money at one time investment. To reduce risk it's best to try to find the right time and the right price instead of trying to catch all opportunities.
Truely said, right time and right price is important. Again what can be a right price will vary from person to person. Taking the current bitcoin price quote any dump below the 5k level is a good buy and a dump to 4.5k is a good buy as well. But another person may just be bearish and say no to this.

 
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