Is risky to invest this period

[bayu7adi]

Hold on, but if you must buy now be wise to use spare income.

When it comes to investing in bitcoin, always invest with the money you can afford to lose. This is the first rule of any investment. At least for me, I invest only the money which is in my bank, the reason is clear I don't need that money and I don't want my money to be left in the bank.

Hey, bro. We still need banks for certain things, like withdrawing cash from ATMs or sending money to our struggling grandparents. Because, you know, there are still many older folks who don't understand how Bitcoin or any other form of non-paper fiat money works. Even having a small balance in the bank is not something to be ashamed of here, as I believe everyone here still uses various banking services that make our daily transactions easier.

Investing all your money in the bank is clearly against the rules. You need to have alternative secure reserves. For instance, if you still have some gold in your home safe, that's not a problem. But if you don't have any other storage options apart from investment platforms, it clearly exposes your finances to higher risks.

[1714690415]

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[1714690415]

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[Lorence.xD]

Hold on, but if you must buy now be wise to use spare income.

When it comes to investing in bitcoin, always invest with the money you can afford to lose. This is the first rule of any investment. At least for me, I invest only the money which is in my bank, the reason is clear I don't need that money and I don't want my money to be left in the bank.

Hey, bro. We still need banks for certain things, like withdrawing cash from ATMs or sending money to our struggling grandparents. Because, you know, there are still many older folks who don't understand how Bitcoin or any other form of non-paper fiat money works. Even having a small balance in the bank is not something to be ashamed of here, as I believe everyone here still uses various banking services that make our daily transactions easier.

Investing all your money in the bank is clearly against the rules. You need to have alternative secure reserves. For instance, if you still have some gold in your home safe, that's not a problem. But if you don't have any other storage options apart from investment platforms, it clearly exposes your finances to higher risks.

Plus ATM could be used anywhere in case of emergency, for example when you travel across the country and you need cash you could still use your ATM to any machine let's there's a fee for it but it wouldn't hurt for emergency purposes. What you said is actually true when old people doesn't understand the complicated nature of Bitcoin. But when it come to investment it would be better to use your funds in investment where you could control your assets. That's why you couldn't force other people to understand something they don't know we all have different types of convenience to use it's either bank or crypto

[|MINER|]

Plus ATM could be used anywhere in case of emergency, for example when you travel across the country and you need cash you could still use your ATM to any machine let's there's a fee for it but it wouldn't hurt for emergency purposes. What you said is actually true when old people doesn't understand the complicated nature of Bitcoin. But when it come to investment it would be better to use your funds in investment where you could control your assets. That's why you couldn't force other people to understand something they don't know we all have different types of convenience to use it's either bank or crypto

It's true that Bitcoin is not widely promoted worldwide, so many people are still ignorant about it, especially if you talk about third world countries, there are many places that don't have ATMs.  So what do you say there? But the era is changing now even in the countries of the third world even though there are no ATMs in the villages, various mobile banking have been introduced. I hope that there will be a time in the future that in the places where mobile banking has been introduced, Bitcoin will also be accepted for payment.

[Wong Gendheng]

People who don't want to take risks, don't ever expect to buy things that we think are impossible at this time, I have friends who want to buy BMW X5 worth more than $ 110k and now he can buy because he is mining some coins like Bitcoin, ETH and so on since the year 2014 and in 2018 he realized the dream.

[wmaurik]

People who don't want to take risks, don't ever expect to buy things that we think are impossible at this time, I have friends who want to buy BMW X5 worth more than $ 110k and now he can buy because he is mining some coins like Bitcoin, ETH and so on since the year 2014 and in 2018 he realized the dream.

The case example that you are describing is an example of a job that was indeed profitable after your friend dared to put down his capital to mine Bitcoin, ETH and others. This means that he is just braver in the job because maybe he has really mastered it besides he has the ability through his capital, but you also need to realize that not everyone has that kind of ability now so the risk that will be considered by everyone will never be the same as the risk that your friend took.

[wahyuagung26]

Hey, bro. We still need banks for certain things, like withdrawing cash from ATMs or sending money to our struggling grandparents. Because, you know, there are still many older folks who don't understand how Bitcoin or any other form of non-paper fiat money works. Even having a small balance in the bank is not something to be ashamed of here, as I believe everyone here still uses various banking services that make our daily transactions easier.

Yes, of course, including myself, one of them is still using bank assistance for personal and family needs to smoothen one's transactions, even though many of us already know about the existence of Bitcoin here, it still doesn't fully apply regarding transactions with Crypto access in general, except for those who know each other, we think the Bank is still very helpful in matters of transactions, as well as payments.

And not only that, we also still use it to save a little savings, and take advantage of the proceeds from our digital Bitcoin Investment Assets to take profits through banks, and we don't think banks are as bad as they talk, besides where we are banks are still an alternative a person for the personal needs of the local office or agency to use Bank access.

Investing all your money in the bank is clearly against the rules. You need to have alternative secure reserves. For instance, if you still have some gold in your home safe, that's not a problem. But if you don't have any other storage options apart from investment platforms, it clearly exposes your finances to higher risks.

Gold is also an investment that may not be too risky and a real place and the value is not too significant, you could say it is more stable than digital Bitcoin investment, but what distinguishes it is in terms of price which is very far away, most people still own Gold. for their savings, this is better than keeping all assets in the Bank.

[Joshapat]

I think the investment depends on the type we choose, if we are afraid of risk then we can choose a low risk type of investment such as gold, property or something else, but if we hope for big profits like in cryptocurrencies then we must be prepared for the risks that can occur, don't expect get big profit but low risk.

[killerfrost]

IMO, Investing in crypto during this period is still risky, but also has the opportunity to earn high returns. The cryptocurrency market is often volatile and not recommended for the faint of heart. However, if you understand the technology and crypto market well, and have a clear investment plan, this can still be a good investment opportunity. You should learn carefully about the project and coin you are interested in before making an investment decision. Make sure to invest in projects with high potential and are managed by professional managers.

[Andrija Branislav]

I think the investment depends on the type we choose, if we are afraid of risk then we can choose a low risk type of investment such as gold, property or something else, but if we hope for big profits like in cryptocurrencies then we must be prepared for the risks that can occur, don't expect get big profit but low risk.

It may be your opinion that it is very important to consider the type of investment when assessing risk. Choosing low risk options such as gold or real estate can provide stability, allaying worries. However, if looking for big gains like cryptocurrencies, one should acknowledge the risks involved always to be prepared for potential volatility and not just expect significant gains without accepting a higher level of risk.

[Dimitri94]

People who don't want to take risks, don't ever expect to buy things that we think are impossible at this time, I have friends who want to buy BMW X5 worth more than $ 110k and now he can buy because he is mining some coins like Bitcoin, ETH and so on since the year 2014 and in 2018 he realized the dream.

From that point, those who trusted towards Bitcoin and held it would be able to buy any kind of things Because Bitcoin was worth about $300 in 2014 and is about $19,000 in 2018, he will have a much higher return on investment. Holding Bitcoin through Bitcoin mining or purchase that is not the fact, if you  hold it for the desire period of time you will be benefited. With the current price of Bitcoin and depending on the potentiality those who invest will have the opportunity to get high returns.

I think the investment depends on the type we choose, if we are afraid of risk then we can choose a low risk type of investment such as gold, property or something else, but if we hope for big profits like in cryptocurrencies then we must be prepared for the risks that can occur, don't expect get big profit but low risk.

Risk is a common thing in cryptocurrency. If an investor is not willing to take risk then he will not get any good return on investment. If the risk is less, the amount of profit or loss will be less. It depends on an investor what he wants to do.

[barisbilgili]

I think the investment depends on the type we choose, if we are afraid of risk then we can choose a low risk type of investment such as gold, property or something else, but if we hope for big profits like in cryptocurrencies then we must be prepared for the risks that can occur, don't expect get big profit but low risk.

It may be your opinion that it is very important to consider the type of investment when assessing risk. Choosing low risk options such as gold or real estate can provide stability, allaying worries. However, if looking for big gains like cryptocurrencies, one should acknowledge the risks involved always to be prepared for potential volatility and not just expect significant gains without accepting a higher level of risk.

all investments have a risk that is proportional to the possibility of profit, if investing in gold does not have a big risk but the possibility of getting a profit is also very small.
and in crypto with significant movements it is possible to get big profits as well as risks.

and for risks, of course choosing this type of investment has a big influence, for now the market price is declining so it is very risky if we choose short-term investing, but for the current period if choosing long-term investing I think it will be the other way around, it will be very good.

[Inwestour]

all investments have a risk that is proportional to the possibility of profit, if investing in gold does not have a big risk but the possibility of getting a profit is also very small.
and in crypto with significant movements it is possible to get big profits as well as risks.

and for risks, of course choosing this type of investment has a big influence, for now the market price is declining so it is very risky if we choose short-term investing, but for the current period if choosing long-term investing I think it will be the other way around, it will be very good.

Now is a good time for long-term investing, but if you are talking about risks, then the same should be said about the amount of capital for investment. Since a small capital is more often subject to risky investments in the desire to increase it faster.

When an investor has a large capital, of course, he will focus on security for investments, in which case he will be able to diversify his investments, choose two main reliable directions, it can be gold and real estate, and direct a small part to more risky investments.

[Aanuoluwatofunmi]

Plus ATM could be used anywhere in case of emergency, for example when you travel across the country and you need cash you could still use your ATM to any machine let's there's a fee for it but it wouldn't hurt for emergency purposes. What you said is actually true when old people doesn't understand the complicated nature of Bitcoin. But when it come to investment it would be better to use your funds in investment where you could control your assets. That's why you couldn't force other people to understand something they don't know we all have different types of convenience to use it's either bank or crypto

It's true that Bitcoin is not widely promoted worldwide, so many people are still ignorant about it, especially if you talk about third world countries, there are many places that don't have ATMs.  So what do you say there? But the era is changing now even in the countries of the third world even though there are no ATMs in the villages, various mobile banking have been introduced. I hope that there will be a time in the future that in the places where mobile banking has been introduced, Bitcoin will also be accepted for payment.

We cannot expect everywhere in the world to be the same as developed as where we lived, that's why we have rural and urban settings, when we talk about bitcoin adoption, that alone has gone far beyond the believe of what we can imagine because everywhere has been heard of bitcoin, even though some may lack the ability to begin due to poor development in their area but they must have heard about bitcoin as long as they have means to light and internet connection.

[kojektea]

someone who is in that position must be an ordinary person who dares to try to get into the world of trading without knowing if they at least understand a little about charts and a little understanding of the world of trading, I don't think that big losses will not happen, at least they are good at managing their investment assets so there is no loss in buying just one coin. those who are experienced I think will almost never experience this, maybe they only lose a few percent of the total assets they invest.

[wmaurik]

someone who is in that position must be an ordinary person who dares to try to get into the world of trading without knowing if they at least understand a little about charts and a little understanding of the world of trading, I don't think that big losses will not happen, at least they are good at managing their investment assets so there is no loss in buying just one coin. those who are experienced I think will almost never experience this, maybe they only lose a few percent of the total assets they invest.

Experienced people will definitely not choose random investments because they always consider clarity about their assets first, and once they know which assets are good to invest in, they buy immediately without making deeper considerations. Because those who think like that are those who find it very difficult to panic and are also more patient when carrying out their investments for a good profit. And for things like charts and knowledge about the world of trading, of course they already know it first.

[Wong Gendheng]

In my opinion, investment from the beginning until now is always at risk, for example is a bitcoin investment, when it is still very cheap and very cheap below $ 1 so many people are afraid to invest because they are worried that Bitcoin will die, and now the price reaches around $ 30k and makes many people afraid of dropping again like in 2021 Yand dropped from $ 69K.

[Sakanwa]

From the look of things bitcoin price will not come up soon, I guess is better to hold on till when it will show strong signal before putting in money again to escape losses and people who their investment is long over due are already victims of the Price dropping. We should try to be careful this period that bitcoin has not direction. Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.

Hold on, but if you must buy now be wise to use spare income.

It's very wise to invest in Cryptocurrency with money you could afford to loose incase of lose or drop in price of bitcoin, and also there's no best time to invest in bitcoin currently my reason is that bitcoin is likely to reach an all time high in 2024 as predicted and it just increased from $25k to $30k days ago So those that missed out on buying the Dip can as well buy now or wait for a drop In price to buy.
 According to the your post, you stated that bitcoin will not come up soon as at march and I guess the price was not close to $30k when you made such statement, so with the current rise in price I guess that has cleared your doubt, but I agree with you when you said everyone has to be careful when investing cause no one can  predict the price of bitcoin since it's a decentralized currency.

[Joshapat]

Investment will always be a risk, no investment is safe, if we save money in a bank then this does not guarantee that our money is safe and not lost, maybe people feel that bank interest makes the amount of money increase, but currently there are no banks that dare to give interest is more than inflation that occurs so that it is only a waste of time when we save money in banks.

[petulino]

Gold is also an investment that may not be too risky and a real place and the value is not too significant, you could say it is more stable than digital Bitcoin investment, but what distinguishes it is in terms of price which is very far away, most people still own Gold. for their savings, this is better than keeping all assets in the Bank.

Investing in gold is also a good investment and people have always been using gold for their investments since ancient times. I think if the investment is done in Bitcoin instead of gold, the results can be better, because Bitcoin is also known as digital gold. If we look at the rate of return, Bitcoin has a much higher rate of return than gold. If the track record of last few years is checked, Bitcoin has seen its value increase significantly compared to gold. My intention is not to oppose gold investment at all.

Our investment objective is to earn good returns. In my opinion Bitcoin is the best choice for this. The unique features of Bitcoin attract us to invest in Bitcoin.

[lunnatic]

Investment will always be a risk, no investment is safe, if we save money in a bank then this does not guarantee that our money is safe and not lost, maybe people feel that bank interest makes the amount of money increase, but currently there are no banks that dare to give interest is more than inflation that occurs so that it is only a waste of time when we save money in banks.

It's true that basically all investments will always have a risk which is part of the investment itself.
It must also be realized that there are also many cases of losing money when saving in a bank.
regardless of whatever it is, by keeping money in the bank or not, all of that is a choice.