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Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 8623 times)
Odohu
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August 04, 2024, 07:50:20 PM
Merited by JayJuanGee (1)
 #1101

I agree with you here. There is nothing more important than an investment that is risk-free and where emotions are not attached.
Apparently, there is no investment without risk or in your words risk-free investment because as long as investment is concerned there is some kind of risk attached to it. it's either one is ignorant of it or intentionally ignored the obvious signs of risk but basically in bitcoin investment we are only on a better angle of not gambling our investments but staking it for the future which we are guaranteed for with the four years circle that we know.

Since investments are of risk, bitcoin invest too is full of risk such as wallet security etc.
I agree with you most on the aspect of all investments having some elements of risk. That is true and Bitcoin is no exception as there are things that can still happen and make it risky. However, I do not understand what you mean by staking Bitcoin and that word alone sounds like what I love to avoid. Staking I know is done in centralized exchanges, where you are required to deposit your precious Bitcoin in the exchange where it is locked for a specific period of time with a promise of returns of certain percentage of your capital. It is not worth it if you ask me, instead one should rather hold the Bitcoin in his private wallet where it is safe and secured.

I will never recommend staking in centralized exchanges because it is like exposing your Bitcoin to risk, at least it is too big a risk to take over a promise of small return on investment; if anything goes wrong with the exchange, the loss will be 100% of the investment.

R


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