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Author Topic: No risk no gain  (Read 1752 times)
BALIK
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April 30, 2024, 04:07:00 AM
 #61

I am just curious why you need to request others to buy Bitcoin. Because you can buy Bitcoin yourself for any amount. It's not necessary to buy a full bitcoin. So you don't need to think about the 50/50 scheme when you intend to invest in Bitcoin. I assume you don't have enough proper knowledge about how Bitcoin works. So you need to study a bit more. I will advise you to spend more time on the forum and read as much as you can, especially related to Bitcoin technology. It's true that if you can't take a risk in crypto, you won't be a gainer at any point. Crypto isn't for panicky people. 

The biggest mistake new investors make today is that they don't spend much time learning about bitcoin before investing, they just want to speculate and get rich quickly from it without any knowledge. From there, they lack confidence in bitcoin and some will miss the opportunity to buy at a good price while some will not participate because of their ignorance.

That's why I always advise newbies to focus on learning everything about bitcoin before making an investment decision. Don't rush to invest without knowledge about it because they will also panic and dump prices if Fud happens.

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April 30, 2024, 05:15:15 AM
 #62

I know that you want your brother to succeed along with you, that is why you want both of you to invest in Bitcoin, and Bitcoin is the best coin you can invest in the bearish season and you will have zero fear in your holding, because whenever there is a bullish season, it use to give Bitcoin investors the opportunity to earn incomes from their investment. once you can be able to take the risk to invest in Bitcoin during the bearish season, you will definitely achieve something good that will make you to remain in Bitcoin investment to continue enjoying the benefit attach to those that normally release their Bitcoin in the bullish season.Never you invest what you can't afford to lose in Bitcoin, because some time bearish season can take a long years in the market that will make you to sell to solve some challenges, but don't sell all your Bitcoin to solve your challenges.

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April 30, 2024, 05:31:21 AM
 #63

The biggest mistake new investors make today is that they don't spend much time learning about bitcoin before investing, they just want to speculate and get rich quickly from it without any knowledge. From there, they lack confidence in bitcoin and some will miss the opportunity to buy at a good price while some will not participate because of their ignorance.

That's why I always advise newbies to focus on learning everything about bitcoin before making an investment decision. Don't rush to invest without knowledge about it because they will also panic and dump prices if Fud happens.
It's important to know what you want to invest in. in this case bitcoin, investors must also know well what and how bitcoin is.

Most of them don't understand, and the benchmark is the fluctuating price which can give them quick profits by investing in Bitcoin.
Those who have joined this forum are lucky, because there is a lot of material and experiences from other users that can be learned from. even their material and experience could be expensive to pay elsewhere.

From what I know, bitcoin investors will not sell any bitcoin they have accumulated for more than 4 years or from halving to the next halving.

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April 30, 2024, 05:50:44 AM
 #64

Why regret OP, in this crypto world, especially BTC, there is always a chance to start at any time, just the difference in value may still be cheap and now it seems expensive, but if the price goes up to 100K-150K next year and you enter now, maybe you will say I also get a second chance.

Yes. BTC is a potential asset and has a value that continues to rise, it's just fluctuating, and that is normal and commonplace. You don't have to dwell on your old story, all you need to do now is buy and buy at once, hold and survive it for as long as you can.

Billions of users will come to this industry. Prepare yourself for journey 2024-2025.

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April 30, 2024, 10:50:53 AM
 #65

No risk, No gain, yes but don't try doing this if your mind is empty as you're certainly regretting it.
I have a friend who told me that he invested Bitcoin because someone told him to do it and promised something huge in return. It sounds tempting on his end but not mind, and guess what? He is now asking for help because he lost all the money he invested from scammers.

So I would say that --don't take risks if you are not prepared and have an idea of what you are about to invest. We can make money from investing in Bitcoin provided that we also have knowledge and good investment management.
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April 30, 2024, 11:19:40 AM
 #66

No risk, No gain, yes but don't try doing this if your mind is empty as you're certainly regretting it.
I have a friend who told me that he invested Bitcoin because someone told him to do it and promised something huge in return. It sounds tempting on his end but not mind, and guess what? He is now asking for help because he lost all the money he invested from scammers.

So I would say that --don't take risks if you are not prepared and have an idea of what you are about to invest. We can make money from investing in Bitcoin provided that we also have knowledge and good investment management.

Some people just love the idea about no risk no gain but they forgot to know that they need a deep knowledge and lots of experience on certain thing before they can get a best result on what they are doing. Not every time that taking the risk is the all thing that we do since if we are so aggressive on our approach in each investment decision we made then maybe that instead we gain we lost all the money we used to invest on somethings that we think it can generate us some profits.

We should not really take the risk if we are not prepared since usually we are just only got FOMO and just fantasize some thoughts that we can get rich just like what we see from other people who earn a lot of money on their investment. We need to know that before they achieve that they goes a lot with challenges and lots of financial losses so they must learn on how to minimize the risk so they can always do good on their decision making.

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April 30, 2024, 12:21:34 PM
 #67

I first heard about Bitcoin around 2016 but then I had no idea what Bitcoin was. Someone online was saying to work on it because I don't know anything about it. Then I heard about Bitcoin again in 2022 when the price of Bitcoin was 21000 dollars. I did a little research on Bitcoin and saw that it was good. From whom I heard, I said to a brother, brother, let's invest. Buy a bitcoin and keep it.Fifty percent and I invested fifty percent but that brother did not agree then. Day by day the price of Bitcoin was increasing and the price was going up and down around 25, 30, 31 thousand dollars. Still I told my brother to invest but he did not agree. That price eventually reached 74 thousand dollars. I regretted very much why I didn't take a risk. If you want to do something, you have to take a risk, nothing happens without a risk.
You have dual regrets,for yourself and your brother as well because you
Both are weak person that even though you already have idea what is Bitcoin
and it's capable of?yet you decide to keep blind and not regretting all your
 decisions back then

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April 30, 2024, 01:37:59 PM
 #68

This is the problem of many newbies, they invest to the things that they don't know yet and they will cry out why they're in the verge of losses.

But as a matter of fact, they're aware of the possible losses as every investment has this problem that they can lose whatever they invest and decrease in value overtime.

And that's why it is very important to know what you are investing with the money that you've saved up.

Not only you must have the knowledge, there should also be conviction of what you just discovered and a full accountability of the decision you are going to make. Your brother did not invest on it because it's not his conviction but yours. It hurts on your side because it's you conviction yet you didn't stand on it. With regards to risk, always consider to only put the money you are willing to lose or assume that it's already gone once you put it in your investment.
Having basic knowledge is the start. And about conviction, that will be developed when someone is already there. But as for people that don't have the conviction, it's because that they don't have basic knowledge about it.

Once they start to gain that and analyzes what they want to invest, they'll start to consider it.

On this, there's no need to force them but you shouldn't be too dependent with others decision. And right, invest what you can afford to lose.



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Rainbot
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April 30, 2024, 02:26:18 PM
 #69

No risk, No gain, yes but don't try doing this if your mind is empty as you're certainly regretting it.
I have a friend who told me that he invested Bitcoin because someone told him to do it and promised something huge in return. It sounds tempting on his end but not mind, and guess what? He is now asking for help because he lost all the money he invested from scammers.

So I would say that --don't take risks if you are not prepared and have an idea of what you are about to invest. We can make money from investing in Bitcoin provided that we also have knowledge and good investment management.

Your friend is not doing it with an empty mind, of course your friend is aware of what he is doing. Usually when someone hears a huge profit or reward in any case, it makes them lose their mind, they only think about how to get a very fast profit. without them studying much more deeply first. In fact, we control our investments ourselves, not trust other people.

It is certain that if we want to advance our own welfare to a much better level, of course we have to take risks and of course there will be obstacles or obstacles in every life we face. If we don't take risks in anything in our life, don't ever dream that our life will changed.



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April 30, 2024, 02:49:11 PM
 #70

The truth is, everyone has some phases they had to face while trying to adopt bitcoin and that’s the lessons we all learnt at some point in time but I’m still trying to figure why you didn’t buy with your 50% since you wanted to share the cost of buying it 50/50 as at when the price was $21000, which means that, you would have gotten 0.5BTC and currently now, that’s over $30k now.

I think your story is more of saying that, you shouldn’t be dependent on people when making decisions, especially if you have the capacity to take such decisions but I guess you has fear and didn’t want to bear the risk of loss in case there was a loss.

One major reason I didn’t adopt bitcoin earlier was the fear of being scammed as I got to find out about bitcoin when Ponzi scheme was very rampart in my country and there is no actual money to acquire some then but there isn’t any cause for regrets as there are still several opportunities in the industry,
So come out and explore the industry.
Goodluck.

R


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April 30, 2024, 02:53:34 PM
 #71

I know that you want your brother to succeed along with you, that is why you want both of you to invest in Bitcoin, and Bitcoin is the best coin you can invest in the bearish season and you will have zero fear in your holding, because whenever there is a bullish season, it use to give Bitcoin investors the opportunity to earn incomes from their investment. once you can be able to take the risk to invest in Bitcoin during the bearish season, you will definitely achieve something good that will make you to remain in Bitcoin investment to continue enjoying the benefit attach to those that normally release their Bitcoin in the bullish season.Never you invest what you can't afford to lose in Bitcoin, because some time bearish season can take a long years in the market that will make you to sell to solve some challenges, but don't sell all your Bitcoin to solve your challenges.
It is always good to carry people along especially brother or friends not a bad idea, just that anyone you are bringing should make sure they have there money on ground because as they are gathering knowledge when it gets to some level, without stress you can invest, bitcoin is the best, you can invest base on bitcoin is the king but the same time you can also make good profits from alt coins, it’s just for you to make the right selection, bear it’s always an opportunity for does holding if it is for those that are trading, also make good profits only when you make the right analysis, holding takes longer periods to make profit but trading will give you good profits only when you able to take risk. No risk no gain true.

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April 30, 2024, 03:09:09 PM
 #72

---cut---
You have dual regrets,for yourself and your brother as well because you
Both are weak person that even though you already have idea what is Bitcoin
and it's capable of?yet you decide to keep blind and not regretting all your
 decisions back then
A double regret like that is a regret that cannot be recovered in any way, especially since it has been quite a long time since the OP first heard about Bitcoin before 2022. It should be at that time that the OP intends to continue to aggressively find out more about Bitcoin so that he can continue collect it before the feeling of regret arises at this time. Even though the OP could do that at this time, it would be difficult for him to forget about the prices he saw that year because the prices themselves are quite far away now.
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April 30, 2024, 03:45:02 PM
Merited by Perfectbaby (2)
 #73

I first heard about Bitcoin around 2016 but then I had no idea what Bitcoin was. Someone online was saying to work on it because I don't know anything about it. Then I heard about Bitcoin again in 2022 when the price of Bitcoin was 21000 dollars. I did a little research on Bitcoin and saw that it was good. From whom I heard, I said to a brother, brother, let's invest. Buy a bitcoin and keep it.Fifty percent and I invested fifty percent but that brother did not agree then. Day by day the price of Bitcoin was increasing and the price was going up and down around 25, 30, 31 thousand dollars. Still I told my brother to invest but he did not agree. That price eventually reached 74 thousand dollars. I regretted very much why I didn't take a risk. If you want to do something, you have to take a risk, nothing happens without a risk.
You are absolutely right, for if we were to be really honest with ourselves, even the life that we live is a risk we take everyday, imagine going to sleep everyday, without an assurance of any kind, that you will wake up the next day, or a few hours later, isn't that a enough risk already?.

"Try hard, or die trying" is a very popular 50 cent slogan which I love so much, succeeding in life is all about taking risk, you drive a car, you risk getting involved on an accident that can potentially claim your life, even with all the pleasure we derive from driving a good car.

So, investing is also a risk, but it's the ticket we need for a future of wealth in abundance, you missed investing in bitcoin at a cheaper price, but the opportunity is not completely gone, for the journey is just starting after all, you can still invest what you can afford to lose; in bitcoin even at its current price, just make sure you are doing it for the long term.

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April 30, 2024, 03:50:12 PM
 #74

No risk, No gain, yes but don't try doing this if your mind is empty as you're certainly regretting it.
I have a friend who told me that he invested Bitcoin because someone told him to do it and promised something huge in return. It sounds tempting on his end but not mind, and guess what? He is now asking for help because he lost all the money he invested from scammers.

So I would say that --don't take risks if you are not prepared and have an idea of what you are about to invest. We can make money from investing in Bitcoin provided that we also have knowledge and good investment management.

So your friend was suggested to invest in Bitcoin and he went ahead and invested in scams? That's pretty bad because your friend clearly had zero financial literacy someone with financial literacy wouldn't make investments in anything before they do their research and understand what they are doing because it's your money that you are investing, you should make sure you are doing the right thing unless you don't love your money and don't care about it.

If someone comes to me and tells me that a certain investment asset is great and it can provide great profit if I made an investment in it, I wouldn't just blindly invest my money in it even if the person telling me that is my brother because I need to make sure I understand what I'm getting into.

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April 30, 2024, 09:26:33 PM
 #75

No risk, No gain, yes but don't try doing this if your mind is empty as you're certainly regretting it.
I have a friend who told me that he invested Bitcoin because someone told him to do it and promised something huge in return. It sounds tempting on his end but not mind, and guess what? He is now asking for help because he lost all the money he invested from scammers.

So I would say that --don't take risks if you are not prepared and have an idea of what you are about to invest. We can make money from investing in Bitcoin provided that we also have knowledge and good investment management.

So your friend was suggested to invest in Bitcoin and he went ahead and invested in scams? That's pretty bad because your friend clearly had zero financial literacy someone with financial literacy wouldn't make investments in anything before they do their research and understand what they are doing because it's your money that you are investing, you should make sure you are doing the right thing unless you don't love your money and don't care about it.

If someone comes to me and tells me that a certain investment asset is great and it can provide great profit if I made an investment in it, I wouldn't just blindly invest my money in it even if the person telling me that is my brother because I need to make sure I understand what I'm getting into.
We know that its not your responsibility for whatever things that your friend or known someone would really be going into but it would be best that leading them into something more realistic and something legit
because if you do make out some introduction but havent been able to tell about the risks and danger about other things on which it would really be possibly lead them into those wrong things like investing on scams or frauds or whatever wrong decisions they had made just because of lacking knowledge and experience but as part of our own common sense then you wont really be letting yourself getting through those situations if you are really just that sensible and serious when it comes to money making. You would really be normally be going into those things which you do seem that viable and something that would really be beneficial.

It would really be just that a normal saying or something that in default that you wont really be seeing any progress if you wont really be letting yourself that go out with your comfort zone.

R


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Finestream
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April 30, 2024, 09:41:31 PM
 #76

I am just curious why you need to request others to buy Bitcoin. Because you can buy Bitcoin yourself for any amount. It's not necessary to buy a full bitcoin. So you don't need to think about the 50/50 scheme when you intend to invest in Bitcoin. I assume you don't have enough proper knowledge about how Bitcoin works. So you need to study a bit more. I will advise you to spend more time on the forum and read as much as you can, especially related to Bitcoin technology. It's true that if you can't take a risk in crypto, you won't be a gainer at any point. Crypto isn't for panicky people.

The biggest mistake new investors make today is that they don't spend much time learning about bitcoin before investing, they just want to speculate and get rich quickly from it without any knowledge. From there, they lack confidence in bitcoin and some will miss the opportunity to buy at a good price while some will not participate because of their ignorance.

That's why I always advise newbies to focus on learning everything about bitcoin before making an investment decision. Don't rush to invest without knowledge about it because they will also panic and dump prices if Fud happens.
Investors nowadays are more greedy with the money than becoming greedy with knowledge at first. They never realized that in order for an investment to work and be in profits, it may take a bigger timeframe for it to happen. And those who invest in a rush obviously never know that, as they are more focused on profits than on seeing how the investment works and progress.

Meanwhile, one cannot gain success in an investment without doing certain risk, as there is no gain if one refuses to take risk. However, taking calculated risk is crucial, otherwise one will end up in failure and losses if he rush into taking risk without prior research and studies on the certain investment.

lalabotax
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April 30, 2024, 09:43:02 PM
 #77

Day by day the price of Bitcoin was increasing and the price was going up and down around 25, 30, 31 thousand dollars. Still I told my brother to invest but he did not agree. That price eventually reached 74 thousand dollars. I regretted very much why I didn't take a risk. If you want to do something, you have to take a risk, nothing happens without a risk.
Many people experience this, regretting not investing in Bitcoin first because they are afraid of risk.
Well, this is nothing new anymore. There are several points that can be taken.

First, don't regret what has happened, do the best for now and the future, then always take your own risks, because if you dare to take risks, it means daring to face all the possibilities that exist.

Second, don't ever regret if you didn't have the courage to take the risk before, even if you don't have the courage now, don't do it. Because investing in Bitcoin requires us to take risks, then we ourselves determine how big the risks are based on our strategy. Well, if you can't do it yet, don't force it.

Thrid. Make sure you really have enough understanding at least to invest in Bitcoin. So even if you dare to take risks, you can manage them very well.

Finally, do your best in your efforts to invest in Bitcoin, never regret anything and only do your best for this recent and future era.

Litzki1990
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May 01, 2024, 01:24:09 AM
 #78

It is a fact that progress in life is not possible without taking risks. Taking risks may result in loss of money but that loss will help you achieve good things in the future. Two people who earn the same amount of money but one person believes in saving and the other person believes in increasing money by using money. Between these two people, at the end of a certain period of time, it will be seen that one person has been able to make a lot of progress in life only because of his propensity to take risks, but the other person is limited only by his own capital. If everyone was not inclined to take risks, there would not be so many big businessmen in the world today. Our thinking should be to build a business with the money we earn from the current employment so that in the future I can hire others to work in my business. So taking risks is the only way to achieve success in life.

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MainIbem
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May 01, 2024, 03:11:37 AM
 #79

Before I proceed, I want to wish everyone a happy new month, now back to our discussion. Many people missed the opportunity to invest in Bitcoin at the initial time when the value was not very much, little did they know that bitcoin would be very great in future. Well, I don't know about your country but in my own country, there where many ponzi schemes at the time Bitcoin came out, and even while people saw that the price was going up, a lot of people thought it was another ponzi scheme and were afraid to invest their money in it. But there were people who saw it's potential, they believed in it's project and took the risk. I believe that those who invested earlier would be multi millionaires currently if only they used the profits they got properly and luckily you were among those who grabbed the opportunity while it was still very early. Regardless of that, there's no doubt that life is full of risks and sometimes, no risk could mean no reward but i'll like to say that before you take any risk or advise anyone to do so in the crypto space, there's a crypto word called DYOR which means Do Your Own Research i don't know if you are familiar with it but note that it matters a lot.


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May 01, 2024, 03:29:05 AM
 #80

I'm wondering whether you invest or not comes from your own decision, why does it depend on the decisions of others? You say you have done your research on Bitcoin and found it good to invest in, then there is no reason you should ignore it for someone else. I think you are not really confident and decisive with what you have researched. The investment mentality of relying on others is really dangerous and is clearly irresponsible with your own money.

The fact that your brother does not invest is his business and has nothing to do with your investment decision. I think you should blame yourself more and practice being more decisive in your investment decisions. The opportunity is still there, it is never too late if you are determined to invest in this market. Don't compare the current price with the previous price when it was still low. If you keep comparing, you won't be able to invest because you always think the current price is too high to invest. Take a long-term view and start planning your own investments now.
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