Should i take the risk or not

[TheMimic1]

You talking about the digital currency that you can invest money on and still be able to sleep at night? Yes that's what BTC and I don't feel or think about what may happen I just buy and hold here and there because BTC is the true decentralized project I ever know, whatever the market throws BTC will keep standing strong, you only lose when you sell at loss

[kaggie]

Should i take the risk or not

Yes

Now what was the question?
Also, never, ever do more than you are prepared to lose.

[decodx]

Should i take the risk or not

Yes

Now what was the question?
Also, never, ever do more than you are prepared to lose.

Also, never, ever take investment tips from random dudes from the Internet!

[Imran232]

If investment is your only option then you should invest those amount what you can afford to lose.  By reading your thought i understand that you know better about bitcoin risk and its volatile. How much volatile is it, and thats why you asked about this that in this 1year is this amount should be better to invest. Then if it gives a good return in one year then you might invest a more to your business. Well though business is your ultimate goal then you can choose your own. But we bitcoiners are hopeful. We live in hope. And its your choice if you can live in hope then you can choose to invest and wait for your time. Now its your choice.

[libert19]

No one knows, only invest what you can afford to lose.

[juliepower]

Yes you can take the risk but the condition is only when you can afford to lose and also before taking risk you have to knowledge about bitcoin means you should do some research before putting your money on investment. But for those who can not afford to lose then they should not take the risk because it's not that easy you think.

[Tabassum810]

Okay fine i properly read your question.Investing is risking. The beauty for Bitcoin is that even if you are not a trader you still could profit a lot when the price goes up.If investment is your only option then you should invest those amount what you can afford to lose.what would you possibly do by then? Would you be selling with a loss or would you continue to HODL until profit is made?Well though business is your ultimate goal then you can choose your own.

[Fivestar4everMVP]

Okay fine i properly read your question.Investing is risking. The beauty for Bitcoin is that even if you are not a trader you still could profit a lot when the price goes up.If investment is your only option then you should invest those amount what you can afford to lose.what would you possibly do by then? Would you be selling with a loss or would you continue to HODL until profit is made?Well though business is your ultimate goal then you can choose your own.

I think @upgrade00 already said it all, @op said he has $3k usd which he plans to use next year for business, we all know that bitcoin and cryptocurrency in general are very volatile and highly unpredictable when it comes to price movements, understanding correctly what the op is trying to say, he probably can't afford to lose this money since he plans to start up a business with it next year, even though I would say investing the money in bitcoin is best compared to putting it in the bank, but investing it in bitcoin also has its own risk, so my advice is to just follow what @upgrade00 said, start up a business with that money and invest a certain percentage of profit in bitcoin every week or month, which ever is more convenient and bearable.

[boyptc]

Yes you can take the risk but the condition is only when you can afford to lose and also before taking risk you have to knowledge about bitcoin means you should do some research before putting your money on investment. But for those who can not afford to lose then they should not take the risk because it's not that easy you think.

This is correct procedure upon taking risk.

People are misunderstanding taking risk when they buy things that they don't know and just learned from the others and heard them that they made money.

But this is blindly taking risk and it's not a good strategy if you're a risk taker. All they assume that they've taken risk and awaits that it will bear fruit but without understanding what they did and what they are entering, that's a mistake.

[Masplanc]

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.

Yes you can take the risk but the condition is only when you can afford to lose and also before taking risk you have to knowledge about bitcoin means you should do some research before putting your money on investment. But for those who can not afford to lose then they should not take the risk because it's not that easy you think.

This is correct procedure upon taking risk.

People are misunderstanding taking risk when they buy things that they don't know and just learned from the others and heard them that they made money.

But this is blindly taking risk and it's not a good strategy if you're a risk taker. All they assume that they've taken risk and awaits that it will bear fruit but without understanding what they did and what they are entering, that's a mistake.

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?
 

If you take the risk it may come out with positive results, since you are going into a long-term investment I'm not sure the end of it will be loss. Taking the risk is the action most good investor go after. Go ahead and invest

[Lordhermes]

The mind of every investor or every man going into business is either to make profit or gain profit,but one thing that accompanies business is taking a risk.They say it is risky not to take a risk than taking a risk.

Risk is part of life,it is only those that have determined to succeed by all cost that takes a risk,and a risk taken today,is the price that has been paid for a successful future.  Take the risk by investing today and have the hope of a blissful future tomorrow.

[Davidvictorson]

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.

This contradicts one of the popular rules of investment; only invest what you can afford to lose.
Investing funds you actually need (or would need in the near future) puts you in a tight spot as you'll be more likely to cut your loses at price drops.
Only invest amounts you can afford to lose, you could also DCA;
• Start a real life business,
• Apportion a part of your regular profits to buying Bitcoin,
• This would be a fixed amount at a fixed time, such as weekly or monthly
This way you build your portfolio over time with less risk.

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?

The burden of the final decision rests on you and do not view any reply here as financial advice.
You do not lose funds invested in Bitcoin unless you sell at a loss

This is just the perfect answer to the question. If the poster takes heed to these points, by this time next year he will be back to say thank you.

[BIN-BIN]

For the fact that leaving your money in the bank can not yield you much interest and invest in cryptocurrency is a risky game, the responsibility is left in your hands to decide either to take that risk or leave with your fears. But only invest what you can afford to lose.

[Anguwa]

Well taking risk is an important point in trading, the more the risk taken, the more gain you have but it need some time most especially in trading bitcoin. The limited time you stipulated might run out without you even regaining your money, but with time it will surely become successful. Therefore according to rule, do not invest the money you can't afford to lose.

[TheNineClub]

Don't know if this is still relevant, but for anybody that's new and reading, if you are asking for investment advice on the forum you might not be ready to invest. Do yourself a favor and take the time to learn where your money is going, what to expect of it, and how to plan out your investment. I mean, you can always throw away your money but why do that.

[finaleshot2016]

Don't know if this is still relevant, but for anybody that's new and reading, if you are asking for investment advice on the forum you might not be ready to invest. Do yourself a favor and take the time to learn where your money is going, what to expect of it, and how to plan out your investment. I mean, you can always throw away your money but why do that.

Yes, I agree with you. If you're wondering why you should take a risk, you're not ready for the investment because you don't have a reason to begin with. Most investors try to invest because they want to make money by analyzing the market; this is the most common reason, and people are willing to take risks because investing is a risk. So I'm not sure if the OP really wants to invest, but if you're looking for a good reason even if you don't need to, you might end up losing it all because of rash decisions.

[lalabotax]

. 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.

My comment may be too late.
However, I personally always think that whoever wants to invest in Bitcoin or cryptocurrency, ensure that:
- You have been ready to take the risks, if not ready or confused about it, it is better not to invest
- You use free money, not money to build a business later, because you don't know whether the market will be good or not when you are willing to sell later

[ReiMomo]

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.

I am sure by now you might have got an idea on how to go about it. I would say, you have come to the right place and have chosen the right coin to invest your $3k as you are new to bitcoin. Yes, its a risk as long as you worry about it, but just buy and leave it for few years and do not expect any return out it now. Just watch the market. When you see its anytime ATH in future, then sell your coin for a good profit. So never worry about it. Invest and wait.

[Lordhermes]

. 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.

My comment may be too late.
However, I personally always think that whoever wants to invest in Bitcoin or cryptocurrency, ensure that:
- You have been ready to take the risks, if not ready or confused about it, it is better not to invest
- You use free money, not money to build a business later, because you don't know whether the market will be good or not when you are willing to sell later

Risk is involved in every thing we do in life,especially when it comes to finance and making investment.But I assure you if you can have the mind and take the risk,bare two things in mind,it might come out positive,or the other way round,but be hopeful and optimistic that you will get positive result.

Taking risk in a business is very necessary and should be be done only when we made decision that anything can happen,whether you will loose or gain.You might probably be lucky enough to make good gain,so try first.

[Piggymonster]

Take time to read all the comments and suggestions here you can learn a lot but at the end of the day it will be your decision if you will take risks or not. Running business or investing money always involves some risk-taking, it depends on how you manage to attain your financial goals.