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Yatsan
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April 22, 2023, 02:50:59 PM
 #41

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.

taking risks is important but if investing 80% of your total savings is very risky in my opinion you should have an emergency fund before investing in my opinion 30% is enough for you to invest you also have to think ahead before you invest and have to think about all the risks that exists because investing is not always profitable stay safe.
Investment means taking the risk. No investment will give you an assurance of profit; it will always be present. Managing the risk is simply being aware of the amount you are ready to engage with, having the idea of letting go if incase things won't happen as expected. If you are scared to the negative outcome then investment should not be an option on your end 'coz you'd more likely end up with regrets or hasty decision. Meaning, loss is more likely the result than profit. In order to lessen this feeling, try investing first on the knowledge or knowing where you are engaging yourself and money with. Investors who won big time did not achieve such thing without suffering from loss. They made the sacrifice which gave them fruitful outcome.

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April 22, 2023, 03:00:44 PM
 #42

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.
Risk taking is always up to the individual. No one will ever force you to take risks. And it doesn't matter to you.  However, there is no alternative to taking risks to achieve success on these digital platforms. You must take the risk.  Seeing the risk of financial assets, if you keep the financial assets only in savings, then that money will never increase.  You need to think about how you can increase your money by using your savings. And in order to make money using money, one must take risks.

You plan to invest 40 percent of your assets. But you have not mentioned here how much total assets you have. If you disclosed how much 40 percent of your net worth is in international currency, it would be easier for everyone to comment.
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April 22, 2023, 03:18:34 PM
 #43

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 will be profitable if you're investing in the right asset. It will always be risky but it all depends on how you will deal with the risks. They say the higher the risk, the higher the profit that you can make but you always have to be skeptical and wise in choosing the risks that you will be dealing with. You need to research the legitimacy of a certain investment that you will choose and check how it will work in the long run. There are different forms of investment but always choose a well-founded and well-established form of it.
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April 22, 2023, 06:13:31 PM
 #44

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.
  I think it depends on what you are risking for, it is not that important its an optional, if you take risk specially in crypto you need to sacrifice or put your money as a capital without thinking that it will return back to you because you take the risk of possible loosing this is not too important because you can also choose  not to risk but you will only gain small amount if you do what is normal, most of the people who take the risk and invest big amount of money also earn big money so choose wisely.

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April 22, 2023, 06:30:40 PM
 #45

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.

Risk taking is not a bad thing as long as it is applied in the right place. So before taking any risk or investment, you better do your analysis. In this case if you want to invest in crypto currency then I will tell you to select Bitcoin for investment because it is high volatile but above all in terms of security.

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April 22, 2023, 06:44:56 PM
 #46

Taking risk is good but before going for that just check your investment and its return.  Investments should br done in a profitable venture to avoid big loss .
And it's not necessary that big risk can cause you any harm, in today's world investment is important for a smooth life.

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April 22, 2023, 07:01:11 PM
 #47

I don't invest money easily in any asset because of fear of losing that money.
If you are afraid of losing what you have invested, then just don't do it and you just have to save enough, it may be safe for you, but it will not produce anything unless you will experience inflation as a result of holding fiat and not daring to invest.

i think of investing 80% of total savings.
80% of the total savings can you do with the needs of 20% as long as your living expenses? This also needs to be considered again and what type of investment you will and will do because now there are many types of investment variations that you can make including gold, stocks, crypto, etc. It only remains for you to choose whether to choose a risky investment but with high returns or a low-risk investment that you are not will produce so big.

If you believe in BTC why not do it with this coin? Of course, there is definitely a downside risk, but bitcoin has more potential in my opinion.

do taking risk is important or not?
It's important, but taking risks on altcoins is wrong.

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April 22, 2023, 07:59:24 PM
 #48

If you're a young person willing to take the risk, it's fine, but the important question is: how big is that 80%?
You see, 80% of a net worth of a teenager is something completely different from 80% of a business owner. Even age isn't a very good indicator because you could be a young son of a millionaire, or someone who worked part time for years and kept saving up. How much back in time will losing that 80% put you? Will you need a year to earn it? Maybe 10 years?

If you feel like doing it, do it. Don't regret anything, but remember not to put everything in one asset. Split it if you can, buy some bitcoin, hold the rest in cash. If you have a lot of money, buy land, gold and bitcoin and see hoe you do in 10 years. I think the bitcoin investment will outperform everything else, but don't blindly follow others. Do what you feel good doing.

I feel good with most of my money in bitcoin, but I had it when it was very cheap and it's not going that low ever again.

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April 22, 2023, 08:08:30 PM
 #49

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.
I don't find investing 80% of total savings a viable option no matter what the investment is. You should only invest a portion of it, maybe 50% only in cases where you know that the investment you are about to make will bring sure profit. I don't think risking your savings and 80% of it is in any way a good option at all.

I would personally not invest a percentage that high from my savings in cryptocurrencies. If I'm about to make an investment in Bitcoin, I might go for 50% of my savings with it but not 80%.

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April 22, 2023, 08:27:31 PM
 #50

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.

In any business the higher the risk involved, the higher the profit. Just know what you are good at and interested in before you could go into any business or investment, be sure you have all its takes like physical, financial, and emotional.

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April 22, 2023, 08:40:18 PM
 #51

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.
If you are afraid of risk then you are not ready to face the challenges of life. And you are not ready to make money in the world. You have to make some thinkable risk and face the risk to benefit from it. As a risk phobia, the 80%/if too big for you. I recommend  20% to test your faith and if you succeed them you can increase the amount. And don't rush to I bet but look right and left before start the invest. Before you start the investment, make sure you have understand the market term plate. So that it will be a good outcome for you. Many people give up on investigate because they were not good to analyze the market before entering. You don't have to enter the market if you are not good for it.

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April 22, 2023, 08:50:45 PM
 #52

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% of the total savings is big in my opinion, for a beginner they should try to take an approach according to what they can afford to lose, especially if you haven't mastered the basics of investing. But if you want to invest in bitcoin for the long term it is the best way to go and doesn't need much consideration.

do taking risk is important or not?
It depends on how you understand investing, but if your knowledge is lacking in investing then taking risks is a bad decision?

please quote all question and answer it's very helpful for me and others.
The first thing you have to understand is that all forms of investment are very risky and you can never avoid this risk, but you can reduce risk by understanding the investments you are making.

Knowledge is important before you take a chance on investment and you also have to choose one of the best coins out of the many available. My advice is to try to learn bitcoin and when you understand it, then you are just starting to invest, so you won't experience panic over negative conditions on a corrected bitcoin journey.

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April 22, 2023, 08:55:38 PM
 #53

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.
You should know that any investment you are making is risk, but you should do more research to know if the risk really worth it, their are some investment that don’t really worth taking that kind of risk. Also if you are not really a strong person, maybe you are having some health challenges, then always make sure you reduce the way you take risk, incase if you lose money in the investment, it won’t affect your health condition. Let me use this as example, if you are planning to invest in cryptocurrency and you are seeking for advise to either invest in bitcoin or altcoin, I will recommend you invest in bitcoin because it’s less risky compare to investing in altcoin, if you can hold your bitcoin for long, then you are good to go, but also don’t invest what you can’t afford to lose.

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usekevin
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April 22, 2023, 09:00:21 PM
Last edit: April 26, 2023, 08:12:12 PM by usekevin
 #54

It’s common for the people while considering online assets, especially the crypto currency and most include with bitcoin.Actually it’s big money to save 80% of your income.Actually saving is good habit,but meanwhile have some fun with your money too.Then you can inverse Upto 50% as your savings.It’s my opinion,if you still have a idea to save 80% of your savings.I don’t have any objections you to inverse of 80% as your savings.If you are planned to inverse in bitcoin or crypto currency,it’s not at all decision with your mistake.It will expected one to save your money in crypto currency.Most of the crypto traders will suggest you to hold in the bitcoin.
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April 22, 2023, 09:09:13 PM
 #55

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.
See I think you should probably invest all of your savings it's just that you should make an adequate split into the correct investment. Go with very safe investments for the 30-40% of your money so that there is absolutely zero risk on that money or a very minimal risk.
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April 22, 2023, 11:24:39 PM
 #56

It’s common for the people while considering online assets, especially the crypto currency and most include with bitcoin.Actually it’s big money to save 80% of your income.Actually saving is good habit,but meanwhile have some fun with your money too.Then you can inverse Upto 50% as your savings.It’s my opinion,if you still have a idea to save 80% of your savings.I don’t have any objections you to inverse of 80% as your savings.If you are planned to inverse in bitcoin or crypto currency,it’s not at all decision with your mistake.It will expected one to save your money in crypto currency.

We can only talk about the safety of savings when the exchange rate is stable. And bitcoin is still too volatile. What safety can you talk about if you invested in bitcoin when it was worth 60,000 and two years later you urgently need money when it is worth 27,000? That's a clear loss of money, not preservation. And just because bitcoin has always gone up in value, that doesn't mean it always will. And you may not have two or more years to wait.
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April 22, 2023, 11:53:48 PM
 #57

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.
Self-confidence is everything, but knowledge is also necessary because even if you have all the knowledge to run a business and still you fear taking risks and wasting your time, and as time passes you regret your delaying, same goes with buying assets because I have seen many people, one is near to me, and I had learned one thing in this field that, self-confidence and educations are important and if you could able to gain these two things you are successful. and you ask for losing money and this fear keeps you away from investing then you will also regret your decisions with time.

First, develop self-confidence then understand your purpose, and make a plan, like achieving something in a specific timeframe, and if you get it do not fall greedy for more. Invest only that amount that you can bear to lose, if any asset has more risk then do not invest 80% of your saving in it perform DCA, (invest in parts at different timeframes for different prices) it will increase your profit ratio. Let me give you an example, the person from which I learn this lesson started a small business to sell G1 Garlic by growing them on his land, and he made 6x profit on his investment in one year. And he was damn sure about his success because he found opportunities and then do not hesitate to utilize them. Patience is the key, you cannot earn money without risk.

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April 22, 2023, 11:59:07 PM
 #58

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.
See I think you should probably invest all of your savings it's just that you should make an adequate split into the correct investment. Go with very safe investments for the 30-40% of your money so that there is absolutely zero risk on that money or a very minimal risk.
Investing can be a terrific way to build your funds over time, but keep in mind that all investments involve some level of risk. Diversification, or spreading your investments across several asset classes and industries, is an important risk-management approach.

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April 23, 2023, 03:46:31 AM
 #59



You plan to invest 40 percent of your assets. But you have not mentioned here how much total assets you have. If you disclosed how much 40 percent of your net worth is in international currency, it would be easier for everyone to comment.

No, he wants to use up to 80% of his savings to invest, which is quite a large number. We don't know what his net worth is, but investing 80% of his assets and for a newbie with no investment experience, it's a huge risk. If he needs advice, I will stop him from doing it. He also did not mention the type of assets to invest in, so it's hard to give advice, but if he can't accept the risk, then even gold should not be invested, let alone investing in crypto, nothing is safe 100%.

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April 23, 2023, 04:34:30 AM
 #60

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.

Risk taking is not a bad thing as long as it is applied in the right place. So before taking any risk or investment, you better do your analysis. In this case if you want to invest in crypto currency then I will tell you to select Bitcoin for investment because it is high volatile but above all in terms of security.

Bitcoin is a highly volatile asset, and it is only suitable for those who like to ride roller coasters and take risks. If OP is risk averse, he shouldn't invest in bitcoin, he should look to less volatile investments like gold or real estate instead. But the higher the risk, the higher the return, so it all depends on the tolerance and needs of each person to make the right decision.

I don't want to give investment advice to anyone because I don't want to be blamed, but if I had to choose, I would also select bitcoin because its returns are higher than all other asset classes.

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