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Author Topic: Should i take the risk or not  (Read 977 times)
killerman2
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July 22, 2021, 04:36:18 AM
 #41

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.

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July 22, 2021, 05:17:48 PM
 #42

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.

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July 22, 2021, 07:07:40 PM
 #43

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-.
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July 22, 2021, 08:30:26 PM
 #44

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
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July 23, 2021, 02:53:37 AM
 #45

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
 

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July 23, 2021, 03:19:43 AM
 #46

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
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July 23, 2021, 05:04:58 AM
 #47

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.
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July 23, 2021, 05:08:49 PM
 #48

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
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July 24, 2021, 06:05:53 AM
 #49

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.
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July 24, 2021, 10:09:28 PM
 #50

Hi everyone, I want to learn about Bitcoin and investing.

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 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.

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July 25, 2021, 05:59:17 AM
 #51

I think you should take time to learn all you need to know before investing, because your knowledge is what will guide you through your investment process to help develop your skills. Manages the risks involved in cryptocurrency investments.
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.

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July 25, 2021, 06:27:53 AM
 #52

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!
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July 27, 2021, 03:28:54 AM
 #53

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.
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July 29, 2021, 06:34:07 AM
 #54

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.

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?
 




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

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July 30, 2021, 07:08:30 AM
Last edit: July 30, 2021, 06:59:56 PM by dbc23
 #55

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
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July 30, 2021, 12:17:20 PM
 #56

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.


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July 30, 2021, 12:41:19 PM
 #57

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.

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).

R


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July 30, 2021, 08:01:21 PM
 #58

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.

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July 30, 2021, 09:03:28 PM
 #59

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.

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July 30, 2021, 09:33:38 PM
 #60

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.

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