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Author Topic: No risk no gain  (Read 1646 times)
Asuspawer09
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April 29, 2024, 03:08:26 PM
Last edit: April 29, 2024, 04:02:44 PM by Asuspawer09
 #41

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.

For sure it is going to be a huge risk if you really want to earn a huge amount in cryptocurrency, for those millionaires in the past Bitcoin pump they all risked their money and believed that Bitcoin was going to skyrocket its market price or probably some just get lucky as well on putting their money on it, I mean just imagine the people who invested a lot of money on Bitcoin when the market price was just around 1$-100$ imagine the risk your going to get on that, just like buying 1000 Bitcoin would cost you a lot already without even expecting anything on return. That would be 100k$ already are you willing to risk that on something that doesn't have any kind of proof on profit. I don't really think so considering your gonna need hold Bitcoin for years as well, I mean for sure no one actually is expecting for the market price of Bitcoin to reach what it is right now like 70k$ for sure most of the people that invested are just risk taker and get lucky, probably some just wanted to buy for fun, or probably some are just forget about there investment then luckily able to be millionaire.

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April 29, 2024, 03:14:21 PM
 #42

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.
Exactly. Anyone is free to invest even with a small amount at first, so you don’t need to find a partner for your investment. Invest on your own and invest on the amount you are comfortable to lose. That way, when bitcoin price suddenly goes on a price correction, either it’s going up or going down, at least you know for yourself that you won’t be selling at a loss but hold longer, and you don’t have to worry for others as your partner in your investment.

Now you are starting to regret seeing bitcoin price has surged high. But you know what, if you keep on missing bitcoin opportunities, you will keep regretting all the time. I guess you still have to learn a lot more about bitcoin and its highly unpredictable market. Do your own diligence to learn, and you will definitely be thanking yourself later on when you come to finally understand bitcoin and start investing on it at last.

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April 29, 2024, 03:15:53 PM
 #43

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.

Risk means everything, and it depends on Money/Asset Management. If you are good at Risk Management then you can take a risk but if you are doing it without a proper Risk Management, like I did it, then your investment would be stuck until the coins pumped and it can take even Years.
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April 29, 2024, 03:24:32 PM
 #44

….

Reading your testimony makes me remember the time when I newly discovered Bitcoin way back 2014 which I’m still a college student. I ask my parents to lend me some money so that I can invest on Bitcoin which the price is below 100$ back then.

My parents didn’t believe and think that there’s too much risk involved since they are traditional traders that invest on UITF and other investments tool offer by the banks. To cut the story short, I gain a lot of wealth on my Bitcoin investment compared to my parents investment since I fully invested my salary from my first job after I graduated on 2015. My parents still don’t want to take the risk even though they already witness my profit.

Some people that can tolerate risk will always just watcher no matter what profit they can see on an unknown market for them.

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April 29, 2024, 03:46:28 PM
 #45

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 been trying to avoid taking a risk on your own in which assuming any one of them agree to share the investment fund with you by 50% i don't know how you will both share the profits of its return, another thing will be if the market drops and falls, then the other investor decided to withdrawn his investment, what would have happened, all these are what we should know before starting an investment, if you had earlier been well informed about bitcoin, you would have understand why you only have to be the one to invest on your own without the influence of any third party.



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April 29, 2024, 04:00:09 PM
 #46

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 been trying to avoid taking a risk on your own in which assuming any one of them agree to share the investment fund with you by 50% i don't know how you will both share the profits of its return, another thing will be if the market drops and falls, then the other investor decided to withdrawn his investment, what would have happened, all these are what we should know before starting an investment, if you had earlier been well informed about bitcoin, you would have understand why you only have to be the one to invest on your own without the influence of any third party.
Bitcoin is actually expensive if you aim to buy the whole portion of bitcoin, that’s probably the reason why you want to have a partnership with your brother. But maybe if you have studied more, you will understand more that bitcoin can be bought even with a smallest portion and there’s no need to convince others to invest as well. Just you and yourself is good enough to start investing on it. Just take the risk and invest, as you only need yourself to overcome all the risks and succeed in the end.


R


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April 29, 2024, 04:37:18 PM
 #47

If you want to grow in life, you must take risks. Nothing great can ever be achieved without risk. Those who are millionaires today, yhey must have worked with risk, then they have become millionaires today.

Some people fall behind because of stupidity, why did you have to request your brother when you saw the price of bitcoins increase overnight? Why didn't you invest in yourself? People who are always looking for partner can never be big, at some point their partner will overtake them and they will be down there, this happened to you, if you had dared to invest in yourself at that time, you would already be a millionaire.

We have a saying {If no one hears your call, walk alone}. After that if you find any good investment then invest there yourself first and then tell your brother or your friend or anyone. Take risks to achieve great things.

You should forget the past and think about the future right now, still bitcoin has a great potential, (though bitcoin is always a high potential coin) but right now there is more chance to expect something good from bitcoin, because a few days ago bitcoin Halving is over, and we all know that after Bitcoin halving, Bitcoin price increases very quickly and hugely. And we all know that Bitcoin price will rise above 100K very soon. Currently the price of bitcoin is $63,001.60, that is, the price of bitcoin is very low now, if you invest right now, you will get a good return after a few days. This is a good opportunity to invest in Bitcoin right now, this opportunity will not last long. So don't miss this opportunity to request your brother or your friends like in the past, make full use of this opportunity, and always keep holding Bitcoin using the DCA method. So then you can achieve something better.

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April 29, 2024, 04:53:49 PM
 #48

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.

As some members have already said in this thread, you could have bought bitcoin without needing your brother, also when you say that you regret not having taken the risk of buying bitcoin it makes it seem like it's already too late to buy bitcoin, which is the problem for many people It's in looking at the price of bitcoin as a get-rich-quick scheme that they always think that they should buy very low so that when it rises 3x they sell straight away and make a lot of profit. So when you have a scenario like this:



in which the price rose a lot to the point of reaching $73,000 and dropped a little to $63,000. These people keep thinking that it is already too late to buy bitcoin, they think that $73,000 is the maximum price that bitcoin can reach and that if they bought it now at 63000$ so they will only make a little profit when the price reaches 73000$ but they forget that the price of bitcoin was already at 3000$ and rose to 20000$ and fell again to 3000$ and rose to 69000$ and fell again to 15000$ and rose to $73000, that is, the price goes up and down and no one can say that the maximum limit is X that the price will reach or that the minimum limit is Z that the price will fall. so OP you can buy bitcoin whenever you want as long as you always do your analysis before buying

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April 29, 2024, 05:15:05 PM
 #49

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.
Yeah! No risk no gain.
The main reason behind people missing out on early Bitcoin investment is lack of proper information about Bitcoin and lack of trust. Some people are not willing to take risk which is the main reason why they regret after seeing bitcoin pump and the mistake they made even after all the opportunities to invest; while some people miss out because they lack capital to invest in Bitcoin so if they see Bitcoin pumping they will feel bad because they lack capital to invest.

The little amount you invested is ok, there is no reason for investing the amount you cannot affect to lose because if you have loses the money you will regret investing all the money.

.
.DuelbitsSPORTS.
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April 29, 2024, 05:36:49 PM
 #50

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.
anything I come across in online I do make sure that I make a research on that particular thing that I come across because if the thing have much recommendation through my list search I would like to be one or the Followers or the participants of that particular thing, cryptocurrency is one of the most popular thing in online currently but far back 2015 cryptocurrency have many people who castigate it as none value currency but today it has a dominion over other currency that is why I emphasize that making a research in anything that you come across is very important to me I don't know for any other person

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..BUY/ SELL CRYPTO..
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April 29, 2024, 05:47:10 PM
 #51

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.
I guess the user wanted a partner in crime, obviously this is no crime but, it’s not uncommon for humans to not wish to go down alone.

In obvious cases, you feel more comfort when you ain’t the only one loosing but, Bitvoin ain’t something you’ll be sorry about eventually. That’s if you don’t run into some careless grow your coin strategy. Until now, we still find people so eager to leave their coins with someone or some platform in the name of trading or staking to get benefits on it. That singular act alone makes you loose custody of your coin and that’s what you should be scared about.

Then, if your holding, your good and you don’t need an alibi to take Bitcoin investment or risky investments. Have comfort in going in alone.

.
SPIN

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April 29, 2024, 08:15:22 PM
 #52

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.
anything I come across in online I do make sure that I make a research on that particular thing that I come across because if the thing have much recommendation through my list search I would like to be one or the Followers or the participants of that particular thing, cryptocurrency is one of the most popular thing in online currently but far back 2015 cryptocurrency have many people who castigate it as none value currency but today it has a dominion over other currency that is why I emphasize that making a research in anything that you come across is very important to me I don't know for any other person

Research is always important. Making a decision after research is even more important. There are fewer people who don't know about Bitcoin now than in the past. Many people come across news about Bitcoin and people talk about it all the time.

Deciding and investing is something that each individual has to decide for themselves. Investing also involves risk, so it is important to be aware of the risks when making an investment decision. When the price was not as high, if it was known that Bitcoin would come to prices like these days, everyone would have invested. The same situation exists today and there is always risk in the market. Those who can afford the risks in investment invest, and those who cannot afford these risks follow the market. This will always be the case.

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April 29, 2024, 08:40:56 PM
 #53

You should be an adult buddy and you just have to do it yourself why do you expect your brother to do it and why dont you do it yourself? If in the end you are sure about bitcoin i think you can do it independently even if your brother doesn't approve of it because thats how i feel right now with my brother even though they are not in crypto but im still doing what im doing because we have our own path that we want to achieve, even though its my brother so it doesnt matter if my brother will be here or not im doing according to the path that i believe in and my brother is also living what he believes in by being elsewhere and not being in crypto . You already have an asset of 50 by offering your brother 50 percent each to invest even if your brother doesnt agree to it i think you have 50 percent that can still be used to invest but you are instead waiting for your brother to do it together.

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April 29, 2024, 09:42:28 PM
 #54

In my own opinion, I think before taking any risk the first thing you should do is to make research even if it didn't work out  according to your research, reason is because sometimes you can get a different thing in your research, meanwhile the project is also doing a different thing. That is why we need to apply wisdom when taking any risk, because if you don't apply wisdom the risk will just go in vain, and you won't even gain anything at the end.

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April 29, 2024, 11:23:10 PM
 #55

In my own opinion, I think before taking any risk the first thing you should do is to make research even if it didn't work out  according to your research, reason is because sometimes you can get a different thing in your research, meanwhile the project is also doing a different thing. That is why we need to apply wisdom when taking any risk, because if you don't apply wisdom the risk will just go in vain, and you won't even gain anything at the end.
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.



.
.BIG WINNER!.
[15.00000000 BTC]


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April 29, 2024, 11:33:04 PM
 #56

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 been trying to avoid taking a risk on your own in which assuming any one of them agree to share the investment fund with you by 50% i don't know how you will both share the profits of its return, another thing will be if the market drops and falls, then the other investor decided to withdrawn his investment, what would have happened, all these are what we should know before starting an investment, if you had earlier been well informed about bitcoin, you would have understand why you only have to be the one to invest on your own without the influence of any third party.
Clearly it will create more stress and pressures if bitcoin price does not work according to plan while your investment partner is eager to make instant profits. So if you want to take the risk, do it alone when you have already understood bitcoin and the risk of having of high volatility. Just don’t expect that bitcoin will work as a short term investment, it isn’t altcoins that are just a pump and dump scheme. Invest at an amount you can afford to lose, so you won’t end up panic selling when you are seeing your investment consistently dropping its price.

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April 30, 2024, 01:37:24 AM
 #57

In my own opinion, I think before taking any risk the first thing you should do is to make research even if it didn't work out  according to your research, reason is because sometimes you can get a different thing in your research, meanwhile the project is also doing a different thing. That is why we need to apply wisdom when taking any risk, because if you don't apply wisdom the risk will just go in vain, and you won't even gain anything at the end.
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.

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April 30, 2024, 02:31:35 AM
 #58

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. 
Exactly, this is the reason why there are still regrets especially to those who are hesitant to invest because they think they need much time to jump-in but the reality is that they are missing the opportunity. Even when my first time in crypto I am skeptical in investing Bitcoin as well but I am doing faucets as early as I think that was 2014 but still has gained nothing good that changed my life and I have already learned from that mistake because in crypto the early we jump-in the higher the chance we make huge gains and yeah we need enough knowledge before jumping into something risky.



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April 30, 2024, 03:21:55 AM
 #59

Regrets are there because you've learned. Learnings won't mean anything if you won't reflect and apply it. You saw how big the potential is for Bitcoin's market value; are you investing now? It is easy to tell other people to invest but if we don't have the courage to do so, simply because we saw the price on a decline at the moment, then what's the point? Take the risk if you want to achieve something or gain profit. If you know how to properly manage the risk then at least loss won't hurt that much. Taking the risk is different from being reckless, keep this in mind. It is Bitcoin we are talking about and we all know how capable this digital currency is, to be bigger in the future. Erase the idea of easy money scheme 'coz there's no such thing.
If you invest your 100% of what would have been your half of the capital, you'll get the exact sameprodit as if you both had invested and you shared the profit. You could have easily bought with the amount you had and held for as long as you would have planned to.

Secondly you never compel someone else to invest in anything. You're putting unnecessary risk on yourself as you'll take the blame if that investment goes south. Only give them information that can help them make up their mind on their own.

Thirdly, you still have the opportunity to take a risk now. Bitcoin still has a way to go in this bull run.
Waiting for a lower market value could still be considered. People are just being hasty of the market price simply because halving took place and yet no significant changes could be seen other than the temporary dump.

Yes mate,most of all,is serves as an encouragement to all crypto users and individuals at large.If you don't enjoy trying new things,you'll end up regretting.It's always important to always be open to new opportunities and ideas in as much the uncertainties of life cannot be known and predicted.Success is handy but its not easy at all.It takes information/education/awareness+courage+actions=POSITIVE RESULTS...in other words,no efforts,no success.

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April 30, 2024, 03:23:48 AM
 #60

I am just curious why you need to request others to buy Bitcoin. Because you can buy Bitcoin yourself for any amount.

Anyone can buy sats which are smaller units of bitcoin and still get an impressive amount of return however basing on op’s title of this post “no risk no gain” I am guessing that they wanted to maximize the profits that they are going to get. You could have done DCA method like a lot of us who can not afford to buy 1 btc at its current price but honestly if I had the money to buy 1 full btc why wouldn’t I?

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