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Author Topic: Bitcoin: risk nothing, you're risking more  (Read 833 times)
Mr.suevie
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July 12, 2023, 09:34:30 PM
 #61

Welcome to the platform and i do hope you find what you are looking for.
You are very correct about risking more when you don't take risk. Like someone said, 'it is risky when risk is not taken'.
However, we must be very careful with the risk we take, so we don't end up regretting.
Risk should be calculated and not blind.

Not everything is actually worth our risk; some risks are not worth taking, and sometimes we can't even know which risks are really worth giving a try. Just as in the case of the OP, it was really a risk worth taking, but as of them, no one actually knew where Bitcoin was going, which made the OP see it as a high risk that was not worth taking. A lot of us back then also had the opportunity to make the right choice, which could have been the best back then, but we never saw it as something that was worth it. If one can actually identify a risk that is worth taking, it will be easier to make certain decisions that will help us never fall victim to regrets in the near future.
I kinda guess that's why its actually called a risk since you don't know the outcome and the only thing that you have is whether it work out or it doesn't and many humans don't really rely on probability. But if we come to look at it, the most successful person today are the risk takers and taking risks is what make you stand out but sometimes like you said these risk always result to negative results. But the only good thing is that we ought to learn from the errors that occur if any risk we take actually turns good but we were too scared to take it.

R


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Dr.Bitcoin_Strange
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July 12, 2023, 10:38:57 PM
 #62

@OP, Yeah, I can agree that if you had invested in Bitcoin, you might have made a good profit with the ATH of Bitcoin in 2021, but another question is, would you have been able to hold your Bitcoin till you made a huge profit as you assume? Well, as far as I know, Bitcoin usually has a bull and a bear market. If you can start accumulating Bitcoin now on a DAC strategy for like five years, then you would not regret not investing in the past five years.



Cheers 🥂, Dr.Bitcoin_Strange 👺👺

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Asuspawer09
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July 12, 2023, 11:16:57 PM
 #63

since 2018 which is over 5 years when I got information about Bitcoin I have lost lots of opportunity that could have changed my life because I choose to be reluctant from concrete friends advise concerning Bitcoin because, through investment of cyptocurrency many of my pals have been scammed  and the downtrend movement in 2018 also got me discouraged so i concluded that Bitcoin was not worth the risk for me, and
 now I have come to regret from the discission i made due to ignorance because over the years it progress has really attracted my attention, so i met a friend who is now i successful investor and he introduced me to this platform

seeing the success, growth and progress of the platform, I want to personally appreciate the members from legendary to newbies like me for keeping this platform running and going

Thank you very much for your supports and consistency

Well, I had the same thing in 2017 if I did invest that time I'd probably have a huge amount of profit right now probably I'm rich already this year but that didn't happen because I just don't have enough money to invest in Bitcoin that time and didn't really sure if Bitcoin is going to be a great investment as a student that time I did earn some profit on Bitcoin but didn't really take advantage of the low Bitcoin just because I didn't have enough money as a student.

I mean we can't really take all of the opportunity but what I really am is there is always the opportunity that is going to come, so make sure to grab that opportunity next time, there are only a few lucky investors that get rich Bitcoin they just get lucky for sure they don't have an idea as well when they invested that Bitcoin is going to reach 70k$ last year.

But now it's going to be easy since you are on the forum you could easily learn a lot of knowledge here that could help you on your trading and investment journey, Goodluck mate makes sure to learn from other members' mistakes.

.
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RewFrew
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July 12, 2023, 11:17:46 PM
 #64

since 2018 which is over 5 years when I got information about Bitcoin I have lost lots of opportunity that could have changed my life because I choose to be reluctant from concrete friends advise concerning Bitcoin because, through investment of cyptocurrency many of my pals have been scammed  and the downtrend movement in 2018 also got me discouraged so i concluded that Bitcoin was not worth the risk for me, and
 now I have come to regret from the discission i made due to ignorance because over the years it progress has really attracted my attention, so i met a friend who is now i successful investor and he introduced me to this platform

seeing the success, growth and progress of the platform, I want to personally appreciate the members from legendary to newbies like me for keeping this platform running and going

Thank you very much for your supports and consistency
Yes i also think bitcoin is best currency for investment. And from 2018 you have got many oppertunity to change your life it is really true. After 2018 Bitcoin gives us many oppertunitys to Change our life. First or 2021 bitcoin price was hit $69k and 2018 bitcoin price was only $12k to $13k. If you bought bitcoin and hold that from that time your woild be huge profited. But from 2018 many people bought many face coin they scamed so many people has been losser. So my advice if you want to invest on cryptocurrency please buy Bitcoin. If you Buy bitcoin it has some risk but it will give big profit after bull market.

Nwada001
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July 12, 2023, 11:21:25 PM
 #65

I kinda guess that's why its actually called a risk since you don't know the outcome and the only thing that you have is whether it work out or it doesn't and many humans don't really rely on probability. But if we come to look at it, the most successful person today are the risk takers and taking risks is what make you stand out but sometimes like you said these risk always result to negative results. But the only good thing is that we ought to learn from the errors that occur if any risk we take actually turns good but we were too scared to take it.

Like I have said previously, not all risks are actually worth taking. There are some risks that most people take because they think it's worth it because they see it as an opportunity to make money. Ordinarily, looking at it from an investor's perspective, you will realize that the chances of that failing are really high.

An example of such a risk is "PONZI SCHEME," because you see that people are getting few benefits from a new Ponzi scheme launched online, and you know that Ponzi schemes usually end up failing at the end, but you still decide to take the risk of investing your money in it because you saw that it's new with the hope of getting your desired profit before it could crash. But why you take that great risk waiting for that profit It crashed before you could cash out both your invested capital and that of the profit. What will you call that kind of investment?

R


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July 13, 2023, 02:25:14 AM
 #66

investing without any important knowledge that related to it is very risky, at least you should know about the background of that investment or in this case at least you should look at all time bitcoin price chart to see the history and analyze what happen in the history of bitcoin. join and active in this forum will help you educate your self about cryptocurrency investment. members of this forum are very up-to-date with cryptocurrency news and the discussion will give new knowledge for us. I also consider many news and discussion that bring to this forum as reason to take decision.

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July 13, 2023, 03:03:17 AM
 #67

since 2018 which is over 5 years when I got information about Bitcoin I have lost lots of opportunity that could have changed my life because I choose to be reluctant from concrete friends advise concerning Bitcoin because, through investment of cyptocurrency many of my pals have been scammed  and the downtrend movement in 2018 also got me discouraged so i concluded that Bitcoin was not worth the risk for me, and
 now I have come to regret from the discission i made due to ignorance because over the years it progress has really attracted my attention, so i met a friend who is now i successful investor and he introduced me to this platform

seeing the success, growth and progress of the platform, I want to personally appreciate the members from legendary to newbies like me for keeping this platform running and going

Thank you very much for your supports and consistency
Don't beat yourself up, we all make mistakes in our life. Looking at the bright side, you came to the conclusion that bitcoin is not scam, not everybody is willing to admit they were wrong, that's a sign of maturity and you are still early in the game, think about all those people who keep saying bitcoin will fail/scam etc and refuse to investigate any further... And welcome to the forum!

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July 13, 2023, 03:12:58 AM
 #68

since 2018 which is over 5 years when I got information about Bitcoin I have lost lots of opportunity that could have changed my life because I choose to be reluctant from concrete friends advise concerning Bitcoin because, through investment of cyptocurrency many of my pals have been scammed  and the downtrend movement in 2018 also got me discouraged so i concluded that Bitcoin was not worth the risk for me, and
 now I have come to regret from the discission i made due to ignorance because over the years it progress has really attracted my attention, so i met a friend who is now i successful investor and he introduced me to this platform

seeing the success, growth and progress of the platform, I want to personally appreciate the members from legendary to newbies like me for keeping this platform running and going

Thank you very much for your supports and consistency

I would treat this as a welcoming message to you even though you are really regretting and blaming yourself for not jumping onto bitcoin, but again, that is life; there are really times that we don't take those risks because we are just scared. It is important now that you've learned that lesson, and this is the right time to invest in Bitcoin as you realize its potential. Don't think of the past; now think of the future and how you can save and buy Bitcoin so that you'll ride it to the moon soon.
Sayeds56
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July 13, 2023, 06:40:05 AM
Last edit: July 13, 2023, 07:04:47 AM by Sayeds56
 #69

I kinda guess that's why its actually called a risk since you don't know the outcome and the only thing that you have is whether it work out or it doesn't and many humans don't really rely on probability. But if we come to look at it, the most successful person today are the risk takers and taking risks is what make you stand out but sometimes like you said these risk always result to negative results. But the only good thing is that we ought to learn from the errors that occur if any risk we take actually turns good but we were too scared to take it.

You are absolutely correct that "No risk No gain" , and if we don't take any risk, in fact we  take more risk overtime, as value of our money in banks accounts is depreciating consistently and the interest rate we receive on our deposits fall short of inflation rate. Therefore, taking risk is important to achieve financial stability. However, we must take a calculated risk that can be managed effectively, if the outcome of our investments fails to meet our expectation.









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July 13, 2023, 06:53:09 AM
 #70

It's okay, you can anytime join the Bitcoin bandwagon and start buying and shilling to others in your friends and family, Bitcoin is a great family and Bitcointalk is that house which includes this family. This is my daily go to forum for anything related to Bitcoin and I am sure, it's for many others.

BTW Anon, you are never late to buy Bitcoin. Just buy and HODL, good time is ahead. Bitcoin halving is ahead. Wink
No one is actually late when it comes to bitcoin investment. There’s always opportunities for those who decide to take some risk, it’s just that some have managed to overcome the risk and stay focused on their goals while some have been easily discouraged by their consistent losses and end up leaving their investment by selling at a loss price. However, reentering the market is always welcome. At least you can now correct your mistakes by not repeating the same mistake again, and by being more patient to wait for bitcoin price to surge high and reach another ATH again despite of its high volatility.

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July 13, 2023, 07:57:43 AM
 #71

So, its great to have you join us here at bitcointalk. You are now a part of an active community consisting of crypto believers and sceptics alike. Lets face it: FOMO is real, and regret over lost opportunities is a common result. The fact that there is no "right time" to enter the market is, nonetheless, a wise realisation.

In retrospect, your wariness in 2018 was warranted. The cryptocurrency market was plagued by frauds, bear markets, and widespread pessimism. The tremendous shift in the narrative surrounding Bitcoin and other cryptocurrencies over time is kind of funny.

What should I do now that seems to be the best suggestion? Get educated now, but do it with scepticism and caution. While Bitcoin's future is still up in the air, having a supportive network behind you like this one might help you feel more secure as you navigate the market.

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July 13, 2023, 08:19:27 AM
 #72

since 2018 which is over 5 years when I got information about Bitcoin I have lost lots of opportunity that could have changed my life because I choose to be reluctant from concrete friends advise concerning Bitcoin because, through investment of cyptocurrency many of my pals have been scammed  and the downtrend movement in 2018 also got me discouraged so i concluded that Bitcoin was not worth the risk for me, and
 now I have come to regret from the discission i made due to ignorance because over the years it progress has really attracted my attention, so i met a friend who is now i successful investor and he introduced me to this platform.
Welcome to the forum, bitcointalk is a great place to learn about bitcoin and other crypto related stuffs and I hope you have a great time here. We might have made some poor decisions yesterday that affected our today but we can actually learn and make tomorrow better. I'm glad you've have learnt from you mistake. We all have our own sad stories when it comes to Bitcoin investment. Taking myself for instance, I didn't buy and hodl Bitcoin when I first knew about it because of the bad experience I had and it took me sometime to get over what happened. The good news is that you are not too late and you can start buying and hodl in preparation for the next bull season.

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July 13, 2023, 08:27:55 AM
 #73

~snip~
I cant really blame out to those people or noobs who had been able to enter the market and there's that timing of bear market on which you would really be able to say to yourself that you wont really be touching up this space again specially that onto those times on which there are lots of scams existing that time plus with those scam ICOs or projects too on which that these are also the years where lots of projects do make out that lunch. Its true that you wont really be able to earn or gain something if you wont tend to take up some risks which it is really that mainly important specially on investing here on crypto space. There would really be things that would really be able to make you realize on what are the things that you must do for you to make profits or gains. Its never too late for you to start up because this market has still lots of
opportunity for you to earn and not only limited on Bitcoin but also in other coins or projects as well.It would really be just varying on how smart you would really be able to make out decisions.
We can't blame them if they're already been here but they've missed the call. It's either you're right that they've been doing a lot of things that made them busy hunting ICOs, IEOs and anything related to crowdfunding that made them scammed a lot.

Or, they're not just interested during those times because they see the uncertainty of the market.

There's always the time that anyone can still make to the market. But sadly, many have saw the pump already and they think its too late. Remember that history repeats itself and don't make that ugly history and experience repeat for themselves.

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July 13, 2023, 08:36:34 AM
 #74

We are all smart talking about the past. Of course, you need to listen to other people, but you have to make the decision yourself. Don't forget about the people who bought bitcoin for 50k or 60k and sold it for half the price. They could tell us a lot. It is always worth remembering that where someone has earned money, there is someone who has lost it. I wish you all success and healthy sleep!

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July 13, 2023, 08:44:23 AM
 #75

since 2018 which is over 5 years when I got information about Bitcoin I have lost lots of opportunity that could have changed my life because I choose to be reluctant from concrete friends advise concerning Bitcoin because, through investment of cyptocurrency many of my pals have been scammed  and the downtrend movement in 2018 also got me discouraged so i concluded that Bitcoin was not worth the risk for me, and
 now I have come to regret from the discission i made due to ignorance because over the years it progress has really attracted my attention, so i met a friend who is now i successful investor and he introduced me to this platform

seeing the success, growth and progress of the platform, I want to personally appreciate the members from legendary to newbies like me for keeping this platform running and going

Thank you very much for your supports and consistency

It's great that you've joined the community. Here you will find a lot of advice, approvals and criticism. Learn a lot. For me personally, this forum has played a big role in the development of knowledge and ideas about the crypto world. I would say the biggest role. Here they will tell you directly, without choosing pleasant words when you are wrong and will approve when you are right.

Regarding the right time to enter the market, this concept is not simple. There is no right time to enter. More precisely now, after a few years, you see that it was necessary to enter at one time or another, but then you could not know this. No one knows what would have happened to you if you had entered then. But now you have more information, people's experience and the opportunity to make the right decision. Good luck!

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July 13, 2023, 05:26:01 PM
 #76

Welcome to the platform and i do hope you find what you are looking for.
You are very correct about risking more when you don't take risk. Like someone said, 'it is risky when risk is not taken'.
However, we must be very careful with the risk we take, so we don't end up regretting.
Risk should be calculated and not blind.

Not everything is actually worth our risk; some risks are not worth taking, and sometimes we can't even know which risks are really worth giving a try. Just as in the case of the OP, it was really a risk worth taking, but as of them, no one actually knew where Bitcoin was going, which made the OP see it as a high risk that was not worth taking. A lot of us back then also had the opportunity to make the right choice, which could have been the best back then, but we never saw it as something that was worth it. If one can actually identify a risk that is worth taking, it will be easier to make certain decisions that will help us never fall victim to regrets in the near future.

That's the problem, if you completely know the outcome of a decision, then I don't think it will be considered a risk any more. It is called risk because no one for sure can tell the result.

It is also true that not everyone risk should be taken, that's why risk should be evaluated before making decisions.

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July 13, 2023, 05:32:00 PM
 #77

Welcome to the platform and i do hope you find what you are looking for.
You are very correct about risking more when you don't take risk. Like someone said, 'it is risky when risk is not taken'.
However, we must be very careful with the risk we take, so we don't end up regretting.
Risk should be calculated and not blind.

Not everything is actually worth our risk; some risks are not worth taking, and sometimes we can't even know which risks are really worth giving a try. Just as in the case of the OP, it was really a risk worth taking, but as of them, no one actually knew where Bitcoin was going, which made the OP see it as a high risk that was not worth taking. A lot of us back then also had the opportunity to make the right choice, which could have been the best back then, but we never saw it as something that was worth it. If one can actually identify a risk that is worth taking, it will be easier to make certain decisions that will help us never fall victim to regrets in the near future.
I kinda guess that's why its actually called a risk since you don't know the outcome and the only thing that you have is whether it work out or it doesn't and many humans don't really rely on probability. But if we come to look at it, the most successful person today are the risk takers and taking risks is what make you stand out but sometimes like you said these risk always result to negative results. But the only good thing is that we ought to learn from the errors that occur if any risk we take actually turns good but we were too scared to take it.

Yea, you are very correct.
Give for a example if we all know 10 years ago that the price of BTC will soar to $30k, I am pretty sure everyone will buy as much as they can. But unfortunately, no humans has the ability to tell the future.
So, risk is part of life. Matter of fact, risk makes life interesting, however, risk should be calculated, weigh your options and risk what you can always afford to overlook eventually.

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July 13, 2023, 06:19:54 PM
 #78

now I have come to regret from the discission i made due to ignorance because over the years it progress has really attracted my attention, so i met a friend who is now i successful investor and he introduced me to this platform

With Bitcoin investment, there aren't any bad times. When you enter into it, you will gain success one day. If you stay in the past and keep regretting it, you will never find that perfect time. Because it does not exist. Any time you enter the market, that will become your perfect time. When you understand what Bitcoin is and how you can make good use of it, you can become successful. Always remember that Bitcoin is a long-term investment asset. So if you have the will to hodl it for that time, you will be profitable.

What is done is done. You can't change the past. Now focus on your present so that you won't have to regret it again in the future. Stay with us so that you can learn new things here. Explore the forum. There are many knowledgeable people who always share their knowledge with us. Hope you find what you are searching for in life right here.
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July 13, 2023, 07:48:53 PM
 #79

Welcome to the forum, OP. Not to gatekeep, but you shouldn't rely too much in Bitcoin that could change your life. It isn't a profit-generator although I kinda contradict myself as a hodler, but I just want to get my point across that it shouldn't be to be fully relied on.

Just keep reading around here and follow the rules like every other forum out there have. Hope you have great stay in here, OP.
Bitcoins are reliable when they understand what to do with Bitcoins. can double profits when investing or trading well. But it will give a lot of losses for those who are just playing around without having knowledge about bitcoin and the trades that will be made. Not fully relied on, only for some ordinary people because it does have a big enough risk to lose. Keeping it okay and not affected by the big risks that could happen.
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July 13, 2023, 09:43:20 PM
 #80

Bitcoins are reliable when they understand what to do with Bitcoins. can double profits when investing or trading well. But it will give a lot of losses for those who are just playing around without having knowledge about bitcoin and the trades that will be made. Not fully relied on, only for some ordinary people because it does have a big enough risk to lose. Keeping it okay and not affected by the big risks that could happen.
Bitcoin investors had earned huge money during 2021 and 2017.This two years was unique in the past history of bitcoin,because this two years had bring more investors to the forum and bitcoin investment.So the next halves was expected in next year 2024,it’s better to hold the bitcoin for the next year to get more profit from it.I had personally requested my friends to hold the bitcoin till next year to earn more money from it.With my strategy,the bitcoin will rock in next year.It may be considered as risk,but the benefit are more then expected.
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