it's so risky!

[cafter]

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

[Nwada001]

Not everything is worth investing in. Investment is meant to be done in something you see potential in. If you invest wrongly, those investments turn out not to be investments but wasted and misused resources.

It's true that the higher the risk, the higher the return, but that doesn't mean you should invest all you have into something that you are not sure of; if something happens to those investments, you might be in a very bad state that will be hard for you to come out of.
Do your own research, choose things of interest, invest only what you can afford to lose, and don't be deceived by greed for a higher return.

[passwordnow]

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.

80% is a lot of portion of your savings. Answer the question first if you're willing to lose that? By having that confidence that you're okay to lose that money because investing isn't guaranteed for everybody to earn.

do taking risk is important or not?

Yes, no risk - no gain.
That's why taking risk is important, it is also teaching you on how to be a better person because you'll have the guts to do the uncertain. But once you're done with it, it's almost certain that you can invest in everywhere and can calculate risk that you might take in the future.

[goaldigger]

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

Investing is all about taking risk, if you can’t handle it then at least lessen the risk.
Investing should not be your savings especially if its with crypto, because making profit here is not guaranteed at all. Do continue analyze the market and take whatever you can because at the end of the day your investments will always depend on your risk appetite, so take whatever you can afford.

[serjent05]

I don't invest money easily in any asset because of fear of losing that money.

I agree we should be very cautious when it comes to investment.  We must do our own research thoroughly and not just invest to anything we think abruptly.

i think of investing 80% of total savings.

If this is the amount you can afford to lose then go for it.  Just make sure that you have knowledge prior to the asset you are investing.  As I stated, research deeply both on the company or the asset, and its market trend.

do taking risk is important or not?

Risk is part of investment but it is minimized if not nullified by risk management.  It is better to know how to maximize the risk management effect to our investment.  One cannot escape risk when investing but he can minimize it through risk management.

You can use this guideline published on the internet for risk management.

Step 1: Identify Your Risks
Step 2: Analyze All Risks
Step 3: Evaluate and Prioritize Every Risk
Step 4: Treat Your Risks
Step 5: Monitor Your Risks

You can read the explanation in this site: https://reciprocity.com/blog/5-step-risk-management-process/.  The site includes Risk Managment Methods and processes and Risk Management standards.  It is helpful if we wanted to know more about risk management.

[Zaguru12]

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.

Having a clear knowledge about a product before investing into it is the most paramount thing in investments. There are assets with ROI of higher percentage but sometimes their longevity or even risk involved in it are also way higher like stock and cryptocurrency. If the 80% is from your total income and the particular asset to invest in is bitcoin or cryptocurrency at large then I would say it is quite high. Even if you have made up your mind to invest that amount then it would be better to diversify your portfolio. This portfolio shouldn’t in any way include Alticoins because they are way too risky to be used as am investment tool. As for bitcoin your percentage should be within 20% to 30% as this will give you the ability to hold for long

do taking risk is important or not?

Certainly risk taking is sometimes what differentiates the successful rich people and the poor. But this are calculated risk and not risk taking because of fear of missing out on a project.

[Dr.Bitcoin_Strange]

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

Which asset are you particularly talking about? I can decide to buy a car that I want to use for taxi driving. After buying the car, if I don't want to do the taxi driving myself, I could hire someone who can handle the business for me. In that case, the tax is your asset because it would be generating income.

There are more instants to set, but before you invest in any asset, you must weigh the risks that are involved, as there is no investment that has zero risk.

Well, I don't know of others, but during a person's early state of taking some financial decisions about investment, you would always have this fear of losing. If the person truly wants to have a financial breakthrough, you will have to kill your fear and take the risk, but my advice is to go for low-risk investments. We have real estate, businesses, gold, and stock, and some companies allow individuals to buy small shares in the company. Is good to take risk but before taking any investment risk, you need to also evaluate it, to know if the outcome is what you can handle if things go wrong.

[Obari]

Get clear knowledge before investing and also have in mind that good thing always comes after striving for it
I remember the first time I heard about bitcoin after it was introduced to me by a friend in have to look clearly into it is dedicated my time to it i other to understand the trade market also was another thing I have to look into although it is explained to me to be risky but I had in mind of bearing without risk that comes but today I have come to realize the reward of being patient and also given attention to what's new to you neglecting it difficulties at first

[royalfestus]

It is generally not considered wise to invest all of your funds in a single venture, be it real estate or any other business, as every business carries inherent risks. Cash is often referred to as "king," and diversifying investments to take advantage of different opportunities is a common strategy. This includes preserving fiat currency in various forms such as cash, stable coins, and bank deposits, to ensure liquidity and mitigate risks associated with any one investment.

[gunhell16]

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

The only good thing about the quality you have is that you are careful and sure about the investment you enter. That kind of behavior is okay,
you don't just get carried away by the hype.

But I also just want you to know that as an investor you must also be a risk taker, those who are not risk takers cannot because most of the people who have been successful here in the crypto business are also risk takers. The investment you put out here should be something you are willing to lose so that you can achieve the profit you did not expect.

[Rockstarguy]

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

Investing 80% of your savings is very huge, like you said you have fear for losing money. Every investment has it own risk , it will be proper if you want to start to invest, start with an amount you  can afford to lose.  With your kind of person do not start invest with 80% percent of your savings because you  never can tell what will be the outcome of  your investment.  Do not rush  into big investment,  start with the amount you can afford to lose, this will help you to learn and help you to get rid of fear of lose.

[uneng]

Taking risks is part of the journey of an investor. If you aren't comfortable taking risks, investments aren't for you. Even the investments considered to be safe and guaranteed involve risks that can't be avoided at all, like investing on saving accounts or properties.

However, you can't grow in financial life without risking yourself. You can live a safe life, using your economies and income to pay only for instant pleasure, but only investments can return long term sustainability and fullness to your life.

Learn how to deal with the possibility of taking risks without harming your mental health and learn how to invest your money wisely, so you decrease losses chances. I guess this is the only way if you want to thrive and increase your patrimony, having access to more comfort and life quality futurely.

[SamReomo]

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

Investment is all about risk taking, but in a manageable way. For example if someone is putting money on an asset, lets consider the asset as a crypto altcoin, then he/she should get as much knowledge about that asset as possible before making their mind to invest in that particular asset. If you have done your research professionally and you are sure that the risks involved in that particular coin are minimum as compare to others then take the risk and put less than 10% of your savings into that asset.

You should keep in mind that investing 80% of your savings is not a good choice, and even if you have done your research on an asset fully, you should still not invest more than 1/10 of your saving into that asset. Instead of investing 80% on a single asset you should divide your savings by 10, and put 10% on all those assets that you have researched well, and you have come to a decision about those assets that they are going to give you positive outcome.

As you asked whether risk taking is important of not, it's definitely important without it you won't be financially stable even if you work 24/7, as well as on holidays. It's a mandatory requirement for those who want to be free from financial issues, but like I previously said, you should only take risks when you can manage those risks very well, otherwise you will invite problems into your life by putting your money into an asset that can go down anytime, that means you have lost your capital entirely.

Many months ago I found a video uploaded by a fake guru where he was encouraging his viewers to invest on shit coins that had no value. He gave them examples of Dogecoin, and Shiba Inu and was saying that those who invested in those two coins earned millions from their investments. His main intention was to inspire those innocent people to put their money on those shit-coins that have very high supply and low market cap. That video went viral and got more than 10k plus views in its first week.

In that case many of those innocent viewers might have taken the risk of putting their money on those useless shit-coins that could go to zero any time, and those who after becoming inspired from that video if invested in any of those coins have definitely lost their savings. The unfortunate thing was that after just a month of that video the market crashed and many altcoins (the valuable ones) have lost their value. Those shit coins might have gone to zero, and those innocent investors who were not knowledgeable about those coins might have lost most of their savings.

[LogitechMouse]

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

Just think of these.
No risk, no reward. Low risk, low reward. High risk, high reward.

That alone is enough for I guess. Now to answer your question if you are taking risk or not, yes you are taking risk. Risk of getting lost because of INFLATION. 80% of your money into savings? I mean governments are just printing money, and you are saving it? There are 3 reasons for you to save money. One is if you are saving for an emergency funds. Two is if you are saving because you want to buy something expensive like house, car etc. Third is you are saving because you want to invest into an asset class like Gold, Stocks, Crypto etc. If you are saving just for the sake of saving, you are doing it the wrong way, and you are letting yourself lose your money because of inflation.

You don't invest into an asset because of you afraid to lose money, but you don't know that you are losing money if you are saving as well? Not indirectly obviously, but the buying power of that money that you saved will go down as years go by. Taking risks are always part of our lives already, and so with investing. Just look at the successful businessmen now. Do you think that they will not become what they are today if they didn't take the risk, and tried to do something that they wanted to do.

Overall, I don't want to save 80% of my money into savings account, and I hope that you really aren't doing it because it's the worst thing to do right  now. Invest it into assets. Take the risk if you really wanted to gain money, and not lose to inflation.

[Unbunplease]

It is worth remembering that even the truest option can turn out to be cheating. That is why investing is always associated with risk, because it is impossible to rule out force majeure and other unforeseen situations. So you need to be prepared for the fact that you can lose all the money you have invested. Try not to invest all the money, otherwise the consequences can be catastrophic.

[Ndabagi01]

I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.

The fear of losing everything is the same as the fear of not starting at all. 80% of total asset is a significant amount to consider before making any investment with it. No matter how much money you have, losing 80% of it is not worth it. In this scenario, you must be skeptical about the type of investment you will make with such funds and its potential for future profit. If you're afraid of losing everything, you've taken the first step toward not seeing the potential in what you're attempting to invest in.

do taking risk is important or not?
please quote all question and answer it's very helpful for me and others.

There is no investment without risk. Risk is an inherent component of investment and so cannot be avoided. However, you should be mindful that you should only incur risks if the investment is worthwhile. If you do not take the risk, you will not be able to achieve your goal.

[Darker45]

Investments vary. There are investments designed for people like you who have low appetite for risk. There are also investments that are highly risky but could be attractive to investors who have high risk tolerance. But you need to take into consideration that the level of investment risk and ROI are almost always directly correlated. Meaning to say, the higher the risk is, the bigger the potential profit.

In cryptocurrency, if you don't want to take risks, you better choose Bitcoin and hodl. Altcoins and trading are much riskier.

[gantez]

I don't invest money easily in any asset because of fear of losing that money.

Fear to take a risk is part of reason for people staying poor. The rich see risk as what is good to move into another level to financial freedom and they take such move and when they succeed they have another status. If you get scared of taking risk your surviving chance is reduced so I advise if you are showing fear in the asset, you can invest in bitcoin in a secure wallet and in the future you gain more value to it .

[Hispo]

So you are taking about both the selection of assets and the exposition we can allow to have.
As some rules of thumb, we are not supposed to put our money in shitcoins and bad stocks, that is the easy part about investment, if you know yourself.

It is more difficult to determine whether we suffer from being over-invested , I am one of those people who can be too confident when comes to getting cash into Bitcoin or altcoins I consider to be worth it, even though I would need to have some fiat. It personally helps to save money.

If you go to a wall street dinosaur, he may tell you to only get 10% of your money into Bitcoin, while people in this community can go as far as 80% or more, all it.  It is about our own risk tolerance. 

[Swordsoffreedom]

If you are not ready to take the risk and are afraid of losing money, then you are better off not investing. Investment means regarding profit and risk, no investment gives a return without risk, even tangible assets like gold and real estate. Investing is a way to help us earn more profit, more money than the work we do every day, but in return, it also puts us at risk. Because there is no success without trade-offs. I don't know what asset or sector you want to invest in, but only if you are ready to lose, then start.