Betwrong
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August 26, 2021, 07:31:32 AM |
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~ Smart people do not risk something that is uncertain. Elon musk invested in something that is well established and the total market cap is over a trillion dollars. He knew about the potential of crypto. Crypto is still in the early development stages and this is the right time to invest in anything when most people don't know about it. the smart investment comes with a little bit of risk but not uncertainty.
Bitcoin today is not "high risk - high return", that's what I agree with. Being at around $50k how much higher it can rise? Well, I personally think that something in between $100k and $200k is possible, but we can't expect 100x return, like sh*tcoin scammers promise to their victims. But for some people 2x or 4x is not enough, they aim at 100x, yeah, why not, "be brave" ... only in many cases the chances are not small, but really zero.
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BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
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justdimin
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August 26, 2021, 03:01:21 PM |
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There is a wrong assumption being made by the OP. He feels that it is the young people who make mistakes for most part in the cryptocurrency sector. However, I have to say that the reality is very different. Look at various Ponzi schemes which involved cryptocurrency, such as OneCoin and PlusToken. Most of those who lost their money were middle-aged or elderly. I would say that OP should remove the "young" word from the title. Inexperienced users are more likely to make mistakes, and it doesn't matter whether they are young or old.
I agree and that's quite the right interpretation of the current situation. Young people are obviously more energetic and hence more attracted towards flashy investments but that doesn't mean young people are the only ones losing money to such schemes. I am not sure about what age group people lost money in the gigantic PlusToken scam but they were all inexperienced and naive because no Ponzi can pay you forever. what's the best way to get high returns without taking risk?
The easiest or the least risky way of making the highest amount of money is to recognize your strengths because a dog trying to climb a tree will never succeed no matter how hard he works. A monkey on the other hand would do the same thing without any guidance or experience because that's what suits him and he's good at.
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CLS63
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August 26, 2021, 03:16:37 PM |
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"High risk, high return" is not always the case, I agree with you. In this market, taking a risk doesn't mean that you will definitely make a little or a lot of profit in the future. This market is highly volatile as we all already know. Volatility means that everything can happen in this market. While you are preparing to make an investment into a cryptocurrency, you are already accepting to take this risk. You might even never make profit and you can even lose all of your money. One should always be aware of this before making an investment. There is no guarantee for anything here.
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Golftech
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August 26, 2021, 03:47:41 PM |
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I still remember in my early days, when I lost some money by investing in shitcoins such as Terracoin, Quark and Labcoin. These projects died down after the initial hype, because as soon as the promoters were able to dump their holdings, they just moved on to other projects. And this happened a lot in 2014-15 period. A lot of the ordinary users lost their money by investing in shitcoins. And this made me extra-cautious, when good projects such as Ethereum appeared in the market. I decided not to invest in ETH, based on the previous experience with the shitcoins.
kind of mistake that we will bring up to know, learning how to move forward and not to be afraid of risking again and again, There are traders who wisely invest with knowledge, they are more prepared as they understand that there's still possitibilties if you don't stop doing your DYOR. If you failed once, it doesn't mean that you will keep failing it just another way of informing you that you maybe missed something in doing your research, better to check it out and adjust for much better success.
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Sithara007
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August 27, 2021, 03:36:05 AM |
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I agree and that's quite the right interpretation of the current situation. Young people are obviously more energetic and hence more attracted towards flashy investments but that doesn't mean young people are the only ones losing money to such schemes. I am not sure about what age group people lost money in the gigantic PlusToken scam but they were all inexperienced and naive because no Ponzi can pay you forever.
Young people may be quite energetic, but in most cases they don't have surplus funds in their hand to make investments. In case of PlusToken scam, it was mostly pensioners who lost money. They got fooled with the promise of sky high returns and invested their hard earned money without double checking about the authenticity and viability of the project. And PlusToken was perhaps the largest scam in cryptocurrency sector. Total losses amounted to many billions of USD, mostly in China and other East Asian nations.
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Betwrong
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August 27, 2021, 09:06:40 AM |
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~
If you think it is long term then bitcoin is not high risk because bitcoin always remains bullish in long term. But in the short term, it could be devastating for traders if they didn't trade it wisely. In cypto people do like speculation but they also wants it only one way. But market behaviour is different. Everyone agree btc could go above 100k but it won't go only up. Price will surge that makes it risky for short term teders. Long term or short term, right now Bitcoin is not "high risk - high return". No trader expects BTC going 100x in 2-3 months, which happens sometimes with altcoins. Today investing in Bitcoin(short term) you can lose 50% of your investment in the worst case scenario, but hardly more than that. And you will hardly get more than 2x return, short term again. While some sh*tcoins can give you 20x-50x in a short term, and at the same time you can lose 95% of your investment very quickly, which happens most of the time. And that's what is "high risk - high return".
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BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
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Rasa nanas
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August 27, 2021, 02:51:55 PM |
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Older people have a lot more patience to invest they are less prone to emotions they are more confident in real life, so they are very careful about investing but young people are very emotional they can't do anything with patience they lose everything by gaining more quickly young people are never able to take high risk.
Yes I agree with you parents usually they will think repeatedly when they want to take an investment and risk is the most important thing they consider when they want to start investing, so if they see an investment that has a high risk then most of them will avoid it, they don't care even though basically high-risk investments can provide high returns. parents are not too interested in something related to online or the internet, in contrast, young people prefer something related to the internet and practical. emotional is very closely related to a person's age, but not the only benchmark to determine an investment.
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SirLancelot
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August 28, 2021, 03:02:28 PM |
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Since the war is over, it’s not profitable for the elite anymore. They know what is their next move after the war. Yup, money, they’re now looking at money, they know money has the same properties to a world war, they also know they do not like to take risk, so now they tell all you idiot to take risk that they don’t want to take and deceive you to believe high risk high return, you’re real idiot if you didn’t learn from the previous lesson, you’re idiot if you didn’t learn from the world wars, you’re idiot to take risk that they tell you to take while they making maximum profit taking no risk at all.
Well, this is one thing that we won’t be able to stop. There will always be some young people who are foolish and will be misled by the elites. These are the people who have decide that they are going to be useless with their life and wouldn’t look for any meaningful thing to do with their life. So, when they are approached by those elites and given pennies, they will be ready to risk their lives for the elites who will stay at the top and away from the risk. These elites are wise enough and wouldn’t send their children and family to take on tasks like this. It’s very bad how they keep using the foolish youths.
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cabron
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August 28, 2021, 03:19:55 PM |
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Since the war is over, it’s not profitable for the elite anymore. They know what is their next move after the war. Yup, money, they’re now looking at money, they know money has the same properties to a world war, they also know they do not like to take risk, so now they tell all you idiot to take risk that they don’t want to take and deceive you to believe high risk high return, you’re real idiot if you didn’t learn from the previous lesson, you’re idiot if you didn’t learn from the world wars, you’re idiot to take risk that they tell you to take while they making maximum profit taking no risk at all.
Well, this is one thing that we won’t be able to stop. There will always be some young people who are foolish and will be misled by the elites. These are the people who have decide that they are going to be useless with their life and wouldn’t look for any meaningful thing to do with their life. So, when they are approached by those elites and given pennies, they will be ready to risk their lives for the elites who will stay at the top and away from the risk. These elites are wise enough and wouldn’t send their children and family to take on tasks like this. It’s very bad how they keep using the foolish youths. Not just for young guys out there. A desperate newcomer who is old enough but merely just learned about BTC will come to crypto to invest to gamble in crypto because by nature crypto is a high risk especially for altcoins. Some of them initiate to learn Defi and POS in an attempt to profit but this is even riskier without guidance from the old-timer in crypto. It didn't stop them even after sending some BTC to scammers, they still invest in crypto.
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Shasha80
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August 28, 2021, 10:18:42 PM |
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Without a doubt, all investments involve some level of risk, but there are some risks that should not be taken simply because they involve risk. For example, crypto investment involves risk, but it varies from project to project; investing in already established projects such as bitcoin, ethereum, and bnb is less risky than investing in new projects, where the risk is high and the reward is high if you are lucky.
I agree that the level of risk we will face is different when investing in crypto. Investments in popular projects such as BTC, ETH and BNB are indeed less risky. If we compare it to investing in new projects that have just entered the exchange, the risk will be higher, but the profit generated can indeed be much greater. So back to each of us, what kind of decisions are we going to make. My advice for newbies is to invest in popular projects, because newbies don't have experience and good analytical skills. So forcing investment in new projects, there is a high possibility of losing all the capital.
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Pulsar77
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August 28, 2021, 10:43:06 PM |
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Taking high risk doesn't guarantee you a high return every time. It is a really ridiculous saying I think. If you fall for it, there is a high probability for you to lose maybe all of your investment amount or most of it. In this market, taking higher risks can take you to really interesting places. So I think that the best thing to do is to make a regular investment into some coin and go on with it. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Princejebs
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August 28, 2021, 11:38:26 PM |
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All investment involves some level of risk no doubt but there some certain risk that don't need taking just because investment involves risk, for example, crypto investment involves risk but it varies from project to project, investing in already established project like btc, eth, bnb are lest risker than in new project, the risk is high so is the reward if you are lucky.
There are instances that the new projects sometimes poise small risk just like the big project in the sense that you always feel safe when one try to go all in them. For example, making investment in a project that's backed by Binance or other highly reputable venture capitalist are always bullish because of the reputation and what they have done in the previous projects. Some may give instant return and some may give in the long run or perhaps you may come out at even point without profit or loss.
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qwertyup23
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August 28, 2021, 11:54:15 PM |
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Without a doubt, all investments involve some level of risk, but there are some risks that should not be taken simply because they involve risk. For example, crypto investment involves risk, but it varies from project to project; investing in already established projects such as bitcoin, ethereum, and bnb is less risky than investing in new projects, where the risk is high and the reward is high if you are lucky.
I do think that when the investment revolves around investing into cryptocurrencies, the risks are slightly higher compared to investing in stocks, etc. The reason is because of the latter's high volatility that the slightest increase/decrease on its price could mean thousands or millions in gain/loss depending on one's capital. Though many have regarded cryptocurrencies to be in a form of a 'high-risk' investment, I see it everyday as an opportunity as a short-term investment with minimal risk. I agree with what you said. It depends on the investment as they involve a level of risk. But if you would based it on price history alone, investing into BTC has the highest potential of earning a person substantial amount of income if one should invest long-term.
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Twinkledoe
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August 29, 2021, 11:23:32 AM |
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Taking high risk doesn't guarantee you a high return every time. It is a really ridiculous saying I think. If you fall for it, there is a high probability for you to lose maybe all of your investment amount or most of it. In this market, taking higher risks can take you to really interesting places. So I think that the best thing to do is to make a regular investment into some coin and go on with it. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) And for me, take only the risk if your gut feel is saying that the project is worth venturing with. Don't hope for miracles to happen, because it won't. There are some indications if the project will hit it off such as - they are sold out fast during ICO/IEO or any crowdsourcing campaign, they have working product already with active users, the team members are well-known in the industry, they have top companies on board, and others. But aiming for return multiple times of your initial investments is not a guarantee as it may take time to achieve in that position.
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Vishnu.Reang
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August 29, 2021, 12:01:11 PM |
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Taking high risk doesn't guarantee you a high return every time. It is a really ridiculous saying I think. If you fall for it, there is a high probability for you to lose maybe all of your investment amount or most of it. In this market, taking higher risks can take you to really interesting places. So I think that the best thing to do is to make a regular investment into some coin and go on with it. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) If there is accountability in place, then there is no issue in taking a certain amount of risk. But from what I have seen, there is no accountability with 90% of the projects. If the project fail, only the investors and the bounty hunters suffer losses and the promoters will just move on to other projects. This has resulted in a scenario where the promoters get too complacent. Since they don't lose much even if the project fails, the development work slows down, or halts completely once the ICO is completed. The investors may still get back some of their money, but for the bounty hunters it is a loss making exercise.
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South Park
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August 29, 2021, 06:49:31 PM |
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Gambling might have been a good source of income if there was no advantage to the casinos, the house edge. Trading is profitable and a superior way of making money as compared to gambling because you aren't fighting a house edge.
This is not really accurate, when you are trading there is in fact an edge that the exchanges give themselves and it is called the spread, you're never really going to buy a coin by the price that it currently has, you buy it for a price slightly higher so every single trade that you begin as a trader is one in which you are already losing money and it is up to each trader to be able to overcome this factor because if they are not able to do it then they are going to be long term losers.
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jossiel
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August 29, 2021, 07:06:13 PM |
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Taking high risk doesn't guarantee you a high return every time. It is a really ridiculous saying I think. If you fall for it, there is a high probability for you to lose maybe all of your investment amount or most of it. In this market, taking higher risks can take you to really interesting places. So I think that the best thing to do is to make a regular investment into some coin and go on with it. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) And just deal with the risk that you'll take for each of those coin that you're going to invest. It is very important to take those risk and know how high or low they are because it's your money that's being invested. Whether you're young or not, it is normal to take risks.
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Charot12345
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September 04, 2021, 02:17:03 PM |
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Only young and naive guy believe in high risk high return
In the world wars, young and naive people go to battle field and fight each other to death, they take risk to protect the war that they can never win, while they’re being manipulate by the other group of elite who do not like to take such risk. These elite tell the young people to take the risk despite they know it’s risky and they don’t want take the risk but want someone else to take such risk. Many people died and sacrificed in the war that can’t be won. The elite do not take the risk, not only they didn’t take risk they also profit a lot from the war, for the people who love to advocate high risk high return, NOPE you’re wrong, they take no risk while they can make the maximum profit that those of you who take risk can only dream of.
They go to war not because they are naive and young but they have their own reasons, to protect, or sometimes they don't have any choice and are manipulated. And about the high-risk high return, you are right from this. Those elite or those who have knowledge of certain situation make the naive people take that risk and them believe that they can get more profit if the risk is higher, so because of lack of knowledge they follow them and believe them. Since the war is over, it’s not profitable for the elite anymore. They know what is their next move after the war. Yup, money, they’re now looking at money, they know money has the same properties to a world war, they also know they do not like to take risk, so now they tell all you idiot to take risk that they don’t want to take and deceive you to believe high risk high return, you’re real idiot if you didn’t learn from the previous lesson, you’re idiot if you didn’t learn from the world wars, you’re idiot to take risk that they tell you to take while they making maximum profit taking no risk at all.
When it was about earning money, risk is always there. But the high risk hig return is true sometimes. If you invest large capital then you can posibbly earn very big amount. But it is not always like this because if didn't go on your way they your lossing to much. So probably, before taking any risk, big or small you should accumalate knowledge and infos first before taking that risk.
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Yamifoud
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 04, 2021, 03:20:30 PM |
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Taking high risk doesn't guarantee you a high return every time. It is a really ridiculous saying I think. If you fall for it, there is a high probability for you to lose maybe all of your investment amount or most of it. In this market, taking higher risks can take you to really interesting places. So I think that the best thing to do is to make a regular investment into some coin and go on with it. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) And just deal with the risk that you'll take for each of those coin that you're going to invest. It is very important to take those risk and know how high or low they are because it's your money that's being invested. Whether you're young or not, it is normal to take risks. On the other hand, we should know our capabilities not just because someone did, we also have to follow even though it was beyond our comfort zone. We should be wise in spending money otherwise it was gone out of our control. High-risk, high-return, we don't mind this if we don't believe and besides, not all of us are can afford to invest huge amount. It was better to have knowledge of what we did as this is the only way it helps us to reach our goal.
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celot
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 04, 2021, 03:42:15 PM |
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Taking high risk doesn't guarantee you a high return every time. It is a really ridiculous saying I think. If you fall for it, there is a high probability for you to lose maybe all of your investment amount or most of it. In this market, taking higher risks can take you to really interesting places. So I think that the best thing to do is to make a regular investment into some coin and go on with it. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) And just deal with the risk that you'll take for each of those coin that you're going to invest. It is very important to take those risk and know how high or low they are because it's your money that's being invested. Whether you're young or not, it is normal to take risks. On the other hand, we should know our capabilities not just because someone did, we also have to follow even though it was beyond our comfort zone. We should be wise in spending money otherwise it was gone out of our control. High-risk, high-return, we don't mind this if we don't believe and besides, not all of us are can afford to invest huge amount. It was better to have knowledge of what we did as this is the only way it helps us to reach our goal. agree that not everyone can afford to invest large sums. That's why we must have the knowledge and good financial management. I think the profit little by little if we are good at managing it will be big, it is much better than people who have a lot of money without knowledge.
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