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Author Topic: No risk no gain  (Read 1760 times)
boty
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May 02, 2024, 10:00:18 AM
 #101

Nowhere can progress be made without taking risks, usually in real life the more risk you take in business the more profit you face. But when you sit idly by, you will immediately experience lack. Therefore risk taking is necessary to manage yourself properly, usually success is achieved by taking risks in cryptocurrency. Because invest as much as you can afford to lose, and learn to hold for the long term by taking risks. It is possible to improve life only by holding long-term in Bitcoin.
It is true that without taking risks, of course we will never be able to get the results we want, but we must really understand well the thing we are going to take risks on and don't let us take risks not based on good knowledge and understanding of something. you are right, without us doing anything, of course we will not be able to get any results, but by deciding to take risks, of course we will be able to find out the extent of our understanding in that field so that if we fail, we will be able to learn and correct it so you don't repeat the same mistake when you try it again.
If we decide to invest in crypto, of course we must understand this and don't make mistakes that cause us to lose the money we have in the investment.

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May 02, 2024, 10:22:06 AM
 #102

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.

It seems like your brother is the one who have the spare money that is worth using for investment and not you? If not you won't be forcing him to buy Bitcoin when you have none yourself, am I right or wrong?

I also wonder what will happen right now if you Bought at 74k and now it is down to 57k, how will you feel? You haven't even taste failure before, i expect that you will react and your emotions will get the best of you, maybe sell the Bitcoin in fear that 74k was the top.

Many people already sold right now, they can't withstand to see losses in their portfolios, my advice for people like you is to consider Bitcoin only if you have spare money that you can afford to lose, just think if you already bought Bitcoin at 74k, you will feel very hurt if you use money that you aren't ready to lose.

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Uhwuchukwu53
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May 02, 2024, 10:40:57 AM
 #103

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.
Sounds rather contradictory. You told your bother to invest in Bitcoin, but you didn't invest in it yourself, and now you are regretting. It means you also never believed in Bitcoin to begin with and only got to realize that you missed an opportunity when thing are now looking well

Well for me I believe allot can hinder man of courage to loss any risk mostly if the risk is financially inclined that the person can't afford, seeking capable hands by way of passing so much information does not make such person weakling or uninterested but just a matter of lacking what it takes, allot of risk that worth taking in my case study was left out despite All effort because I didn't meet the financial involvement such can happen to anyone else but it doesn't mean the person who is that condition lack interest but only seek to subject brother or friend to such investment but is as a result of predicament of not meeting what it takes .

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May 02, 2024, 11:00:35 AM
 #104

No Risk no gain I understand it in my own way , when you want to achieve something in life or gain a valuable something,one must take a risk or face some kind of difficulties.now for example am using myself as a case study, when I first heard about Bitcoin 3 year's ago I didn't show interest ,if I had showed interest since their I would have gain more.So if one do not take risks there won't be no gain or reward because Risks comes with higher Reward.

People want an easy way that can give them huge profit but they have to remember that the more risky the field will have greater profit therefore try not to be afraid of risky ways of earning. You have to learn about how to lower the troubles in your way and how to alter these troubles into gain through your gained knowledge and keep in mind that you can do anything as nothing is difficult if you work for it.

Most of the people were familiar with Bitcoin investment years ago but then don't focus on its investment because they think more about the loss instead of thinking that profit is also here if we use our mind to solve the issues. Now if they are witnessing that Bitcoin has become the main source of people's wealth so they are disappointed for their little knowledge which keeps them away from Bitcoin investments.



 

 

 

 

 

 


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May 02, 2024, 12:05:30 PM
 #105


Well for me I believe allot can hinder man of courage to loss any risk mostly if the risk is financially inclined that the person can't afford, seeking capable hands by way of passing so much information does not make such person weakling or uninterested but just a matter of lacking what it takes, allot of risk that worth taking in my case study was left out despite All effort because I didn't meet the financial involvement such can happen to anyone else but it doesn't mean the person who is that condition lack interest but only seek to subject brother or friend to such investment but is as a result of predicament of not meeting what it takes .

In the early years of bitcoins, there were lots of people who were in doubt about investing in it and they were also not interested at all because of its strangeness and other fake negative issues but eventually, it cleared out especially the means of using it for money laundering or to fund drugs or any like it, they found out that bitcoins have nothing to do with it and it's just been also used by those criminals as for their crimes and when it becomes clear, lots of big companies started to implement it and now it is the safest investment opportunity in the crypto industry whether you are a big or small investor for long term of for short term. time changes it and shows how good it is to have bitcoins stored in your wallet instead of fiats.
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May 02, 2024, 12:26:37 PM
 #106

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.

Yes, of course, with investment conditions, not trading. Quite a lot of our friends who lose in the face of market voluticity, on average 40% of capital is lost due to mistakes in trading, only 10% of which is able to accumulate profits, he has also been up and down before.

But, I agree with what you said above we will be more careful in the course of investing in this crypto because if you make the wrong decision the consequences are very damaging and make our morale decrease. It is quite difficult and difficult to get money now admitted or not.
Rightly said because many have little knowledge about crypto so caution should be exercised. Trading is a risky investment with high volatility and should generally only be considered if you have a high risk tolerance are already in a strong financial position and can lose some or all of your investment. Never invest in anything with the belief that you will not lose profit or capital. There really is no such thing as an easy way to make a lot of money without risk.
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May 02, 2024, 01:01:07 PM
 #107

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.

It seems like your brother is the one who have the spare money that is worth using for investment and not you? If not you won't be forcing him to buy Bitcoin when you have none yourself, am I right or wrong?

I also wonder what will happen right now if you Bought at 74k and now it is down to 57k, how will you feel? You haven't even taste failure before, i expect that you will react and your emotions will get the best of you, maybe sell the Bitcoin in fear that 74k was the top.

Many people already sold right now, they can't withstand to see losses in their portfolios, my advice for people like you is to consider Bitcoin only if you have spare money that you can afford to lose, just think if you already bought Bitcoin at 74k, you will feel very hurt if you use money that you aren't ready to lose.

Or even this is just a fabricated story by the OP to try to blame someone when he was the one who didn't have the courage to make the decision to invest in bitcoin at that time. And now he feels regretful when he sees that bitcoin has increased many times compared to the price he intended to buy.

I also have the same question as you, if OP buys bitcoin and then the price drops, I wonder how he will feel, will he regret it or will he be proud and brag to everyone that he gave good decision not to buy bitcoin.
In addition, those who only know how to complain and blame, I bet you that they will never dare to buy bitcoin even if bitcoin drops to 30k$ again.

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May 02, 2024, 01:03:04 PM
 #108

Nowhere can progress be made without taking risks, usually in real life the more risk you take in business the more profit you face. But when you sit idly by, you will immediately experience lack. Therefore risk taking is necessary to manage yourself properly, usually success is achieved by taking risks in cryptocurrency. Because invest as much as you can afford to lose, and learn to hold for the long term by taking risks. It is possible to improve life only by holding long-term in Bitcoin.

In fact, success is not easily achieved without taking risks. Where the risk is high, the profit is high. There are risks not only in cryptocurrency, but in other areas as well. But the risk in cryptocurrency is higher than in other fields. For example, those who invested with risk in 2023 are currently in huge profits. Currently bitcoin price is falling if you can invest with risk and hold for a long time then you can earn a lot of profit in the future. Investing in cryptocurrency requires you to invest with risk, if you can't take risk then investing is not for you. Many say invest what you can afford to lose.
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May 02, 2024, 01:40:43 PM
 #109

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 say you have heard or know about Bitcoin, but if I look at this post I can see that it is only the basics, it could even be said that there is misinformation that you got, because your not bought it because your brother didn't want to participate to invest, meaning you think Bitcoin can only be bought as a whole 1 Bitcoin, even though you can. invest whatever money you have.
With the information you have got, you can invest even though the price is higher than the price in 2022, but Bitcoin is still worth choosing as an investment, and according to the title of the thread, there is no risk, no gain, and now is the time for you to start taking risks to gain later.

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May 02, 2024, 02:50:04 PM
 #110

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.
I guess your brother will be regretting by now unless if he invested his money in something very good that has given him more return within this period of time.

If you not use to online investments and businesses, you will hardly accept bitcoin in the first place because it will looks like a Ponzi scheme for their side until they did more research and see the financial freedom in Bitcoin investment. People like us miss out of the early investment due to lack of awareness and lack of proper knowledge about technology in general, but after several research’s and learning, I came back to Bitcoin to save any of my future money in there.

R


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May 02, 2024, 05:49:52 PM
 #111

It is natural that there will be risks when investing. And many people don't want to take risks even if they have money and only those who are brave and ready to take the maximum risk for getting succeed. An investor whether he deals in real estate business, stocks or any other business must take financial risks. But one should know why a person should accept bitcoins rather than other businesses. Those who didn't buy bitcoin in 2016 didn't make a mistake, those who didn't buy bitcoin in 2021 didn't make a mistake, but those who won't buy bitcoin in 2024 after learning about bitcoin In their case, buying bitcoins will be very difficult.. To be financially successful, there is no alternative to taking risks.

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May 02, 2024, 08:14:34 PM
 #112

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.
Absolutely, the journey of life and man is filled with uncertainty including everything we do as life keeps going our investment our life involvement both what we eat and drink are all risky because you wouldn't know the one to harm you or kill someone entirely.

So even as we are doing investment we must have this in mind that it's a plus and minus business because anything is possible and we can't predict or see the spiritual aspect of it to know and to avoid them when they seems to be coming in an unpredictable manners.
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May 02, 2024, 08:59:28 PM
 #113

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.

Yes, of course, with investment conditions, not trading. Quite a lot of our friends who lose in the face of market voluticity, on average 40% of capital is lost due to mistakes in trading, only 10% of which is able to accumulate profits, he has also been up and down before.

But, I agree with what you said above we will be more careful in the course of investing in this crypto because if you make the wrong decision the consequences are very damaging and make our morale decrease. It is quite difficult and difficult to get money now admitted or not.
Rightly said because many have little knowledge about crypto so caution should be exercised. Trading is a risky investment with high volatility and should generally only be considered if you have a high risk tolerance are already in a strong financial position and can lose some or all of your investment. Never invest in anything with the belief that you will not lose profit or capital. There really is no such thing as an easy way to make a lot of money without risk.
The market itself is highly volatile, so start it out with Bitcoin because the volatility has never been gone. And to consider the good side, always consider that every investment requires risk.

If one tells you guaranteed things, avoid them. If people tells you that their investments don't have risk, avoid them.

You have the signs of what to avoid when someone speaks about investments, and if those signs were found, they're not true investors.



.
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May 03, 2024, 01:30:43 AM
 #114

~
invest what you can afford to lose.
I don't agree with this, this statement is more accurate when applied to gambling. because there are more losses than wins.
I prefer to use invest to secure your money. That's better because it can give rise to the idea that when investing, we will feel safe that our money is there from inflation that occurs in FIAT. and indeed bitcoin investment instruments tend to be riskier than stock market investments, but this risk is still comparable to the very significant price increase and far exceeds investments other than bitcoin.

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May 03, 2024, 01:54:15 AM
 #115

Successful people are people who dare to face risks, they are not cowards, and they know that if they fail then the risk must be faced, likewise Bitcoin investment is very vulnerable to risk but investors are not afraid of the risks they will face if the market collapses, before When they invest, they analyze the market and study the coins they will invest. It is likely that they will be successful by saving coins, whether in the long term or whether they keep them in the short term.

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May 03, 2024, 04:45:56 AM
 #116

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.
Did you think that if your brother had participated in the Bitcoin investment, would any portion of your risk have been reduced? If not then you could buy or invest bitcoins as you can afford instead of buying whole bitcoins. All the people who have succeeded in the world have taken a significant amount of risk, and they have taken risks with adequate knowledge of how to manage those risks. As the saying goes, nothing can be achieved without taking risks. So one has to take timely and right steps to invest in cryptocurrency without regret and fear to become one of a successful people.

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May 03, 2024, 06:24:31 AM
 #117

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.

Buying Bitcoin is based on the budget you have and can afford. There is nothing obliging any of us to buy Bitcoin in large amounts right away—nothing like that. As long as we can only use what our pockets can afford to buy.

sometimes because others think that Bitcoin is expensive when they buy it. Of course, Bitcoin is really expensive if you buy it, but as a matter of fact, even if it costs 10 dollars, you can buy it. That's the beauty of Bitcoin as an investment in terms of long-term value compared to other investments at my price.



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May 03, 2024, 06:38:22 AM
 #118

Successful people are people who dare to face risks, they are not cowards, and they know that if they fail then the risk must be faced, likewise Bitcoin investment is very vulnerable to risk but investors are not afraid of the risks they will face if the market collapses, before When they invest, they analyze the market and study the coins they will invest. It is likely that they will be successful by saving coins, whether in the long term or whether they keep them in the short term.
Well duh, I think that's going to be the obvious thing when it comes to this kind of thing, that's the criteria for success in most times after all so I totally agree on this but we have to be understanding, not all things are worth risking over, got to remember that you need to pick your battles. Be smart about taking risks, it's not a good that you take all of them even if there's a reward waiting for you at the end of it, you could be wasting your time with all those stuff and then you might not see success at the end of the day. That's just like letting your friend borrow money from you, you need to know if they're trustworthy enough to risk that money and that they wouldn't break their promise regarding when they will return the money, you risk but you did some acknowledgement about the person before risking something.



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Rainbot
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May 03, 2024, 07:02:05 AM
 #119

Nowhere can progress be made without taking risks, usually in real life the more risk you take in business the more profit you face. But when you sit idly by, you will immediately experience lack. Therefore risk taking is necessary to manage yourself properly, usually success is achieved by taking risks in cryptocurrency. Because invest as much as you can afford to lose, and learn to hold for the long term by taking risks. It is possible to improve life only by holding long-term in Bitcoin.
It is true that without taking risks, of course we will never be able to get the results we want, but we must really understand well the thing we are going to take risks on and don't let us take risks not based on good knowledge and understanding of something. you are right, without us doing anything, of course we will not be able to get any results, but by deciding to take risks, of course we will be able to find out the extent of our understanding in that field so that if we fail, we will be able to learn and correct it so you don't repeat the same mistake when you try it again.
If we decide to invest in crypto, of course we must understand this and don't make mistakes that cause us to lose the money we have in the investment.
Every investing has their own risk and this is what gives motivation and dedication to
those who invested on it because  like the title says we need to risk for us to gain , and sad to
say that even in banks we are not safe in putting our money so why need to not risk ?
money is important but if we will not risk to make it growing so there is no sense in having them at all.

YUriy1991
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May 03, 2024, 07:46:31 AM
 #120

Every investing has their own risk and this is what gives motivation and dedication to
those who invested on it because  like the title says we need to risk for us to gain , and sad to
say that even in banks we are not safe in putting our money so why need to not risk ?
money is important but if we will not risk to make it growing so there is no sense in having them at all.

Well, I guess the older one is called senior. Surely they are experienced in everything. Related to the plus and minus in investing, of course, everything is real and the most noticeable is that time is wasted and mentally burdened if wrong in making decisions in investing.

What needs to be done is Follow the money instead of follow the trend for trading if we want to succeed because those who have succeeded and achieved huge profits in BTC are those who are able to maintain their ownership assets for a long time and have been committed. this is the intent and message of true BTC investors.

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