Before you invest in crypto know the risk.

[Jasmyne]

Knowing the risk means knowing the rules. Before you put your money into cryptocurrency, you  should be prepared for the gains and losses. Setting your mind for just the benefit will eventually put you in trouble when trouble arises, lol. Always make sure you are well prepared and can handle the worst  that can happen.
Crypto is very unpredictable, get to know how specific coins work and how fast your money can shrink within a twinkle of an eye. Knowing this means knowing peace so you make calm decisions rather than an emotional one. 

When you understand the risk in a particular thing you'll try manage it to avoid losing completely, lose is inevitable in every investment but manaing it is important and that's where understanding the risk comes in. People who understand the risk of certain things especially when it involves losing money doesn't just go all in but use their leftover funds incase anything goes wrong it won't affect you much you didn't risk money meant for important things.

This is true but not everybody will understand it this way, every business or investment has it's own risk that is why it is advisable not to go into any business with every income you have because if the business doesn't go as you expect you will be left with nothing. If you know the risk involved in your business before going into the business the best thing is to plan ahead for the risk that involved either getting insurance to cover any loss they may occur, investing with some amount while you leave some amount for backup, investing with the money that won't affect your financial life when it is lost. If you follow all this principles whatsoever comes your way after investing in the business you will but be affected totally.

[Swift_tr]

You really need to know what you’re doing when it comes to cryptocurrency and stocks. I’m sure you don’t want to find yourself in a situation where you’re regretting your financial decisions because you probably went all in without understanding your goal. Most people just hear people doing something and they just follow probably because the figure is a mentor and so is believed by the individual to be the right thing. There is no guess work in crypto, do your findings before investing in Bitcoin or any other cryptocurrency.

[cxtreenal]

You really need to know what you’re doing when it comes to cryptocurrency and stocks. I’m sure you don’t want to find yourself in a situation where you’re regretting your financial decisions because you probably went all in without understanding your goal. Most people just hear people doing something and they just follow probably because the figure is a mentor and so is believed by the individual to be the right thing. There is no guess work in crypto, do your findings before investing in Bitcoin or any other cryptocurrency.

Of course you need to be wise when it comes to where you invest your funds. Learn more about cryptocurrencies, especially those we consider shitcoins. You don’t need to be very wise to invest in Bitcoin. The first requirement is whether you have discretionary income available. If you want to invest in Bitcoin in detail, you will need a lot of time. You need discretionary income to invest in Bitcoin. If you want to learn more in detail, accumulate Bitcoin regularly and learn more about Bitcoin through market analysis at the same time. New investors try to compare Bitcoin with other cryptos in the market, but that is their not a good idea. Bitcoin is a decentralized asset and store of value and should never be compared with other shitcoins.

[BItcoin Guy@]

You are absolutely correct Bitcoin investment is not guarantee but at least it is safer than any other crypto Investment especially those memecoins, most of them if not all of them are all scam project they have their strategy of making folks belief they are genuine and then after pumping in large amount of money the market will drop massively, in this kind of situation if you don't use your discretionary income and this happens one can be tempted to take their life. However, greed will not allow some people to do what is safe for them and encourage.

Anything call crypto no guarantee on it, bitcoin investment is much saver then anything in crypto space, and if you have believe in it and studies it better, you will achieve your goal with it. We all knows that investment deal with risk, no matter what they most be a risk, if you want to become wealth, you need to face some little challenge, and bitcoin is volatile is the challenge of Bitcoin. You can’t predict the right outcome, you can just invest and hold for a long period of time, and when the price reach your target, you sell it or keep growing it.

[fredericktaylor]

You are absolutely correct Bitcoin investment is not guarantee but at least it is safer than any other crypto Investment especially those memecoins, most of them if not all of them are all scam project they have their strategy of making folks belief they are genuine and then after pumping in large amount of money the market will drop massively, in this kind of situation if you don't use your discretionary income and this happens one can be tempted to take their life. However, greed will not allow some people to do what is safe for them and encourage.

Anything call crypto no guarantee on it, bitcoin investment is much saver then anything in crypto space, and if you have believe in it and studies it better, you will achieve your goal with it. We all knows that investment deal with risk, no matter what they most be a risk, if you want to become wealth, you need to face some little challenge, and bitcoin is volatile is the challenge of Bitcoin. You can’t predict the right outcome, you can just invest and hold for a long period of time, and when the price reach your target, you sell it or keep growing it.

There is risk in any investment, but if you research the subject you are investing in thoroughly and gain knowledge, you can reduce the risk through investment.
Before starting to invest in Bitcoin, it is good to have basic knowledge about Bitcoin, which will give you confidence to invest consistently and will help you to properly utilize every opportunity without getting frustrated during market volatility and will help you to hold Bitcoin patiently for a long time.

Bitcoin long-term investment there is no chance of making money quickly through investment and there is no 100% confirm of making money through investment in Bitcoin, because Bitcoin is unstable. But by investing continuously and waiting for a long time, there may be an opportunity to make money in the future, because the supply of Bitcoin is limited and the demand of ordinary people and businessmen for investment is increasing day by day, which may result in the opportunity to make big money in the future, so it is better to invest within your means with the money you can afford to lose.

[Mummy OS]

You really need to know what you’re doing when it comes to cryptocurrency and stocks. I’m sure you don’t want to find yourself in a situation where you’re regretting your financial decisions because you probably went all in without understanding your goal. Most people just hear people doing something and they just follow probably because the figure is a mentor and so is believed by the individual to be the right thing. There is no guess work in crypto, do your findings before investing in Bitcoin or any other cryptocurrency.

Anybody that is investing in cryptocurrency should understand that risk that is involved and know how to quit when it's no more working for them.  There is financial risk when we invest in Bitcoin and we should be ready to learn so that we don't create another difficulty in making profit as someone that wanna invest and make money from the investment. Crypto can be profitable when you know how to play your game and buy without adding emotions to make money.

[Versatile_choice]

You know even when they know the risk that is associated with crypto Investment yet it won't stop them from making mistake, although I'm not going to Deny the fact that knowing the risk about crypto is important as it would help in some situations. But knowing about the risk does not necessarily mean that a person is completely safe from making a mistake, I have seen many Investors who literally know the risk involved in crypto but I was surprised when I saw them making a mistake that even some newbies can't make. And that is because they don't know what they want, some are just fucking around the crypto market.

However, As a beginner after knowing the risk you also need to set plans so that whenever you want to deviate from investing in bitcoin or even making a wrong decision you will remember your plans and then it will make you change the bad taught.

[Bitcoin Maxi]

You are absolutely correct Bitcoin investment is not guarantee but at least it is safer than any other crypto Investment especially those memecoins, most of them if not all of them are all scam project they have their strategy of making folks belief they are genuine and then after pumping in large amount of money the market will drop massively, in this kind of situation if you don't use your discretionary income and this happens one can be tempted to take their life. However, greed will not allow some people to do what is safe for them and encourage.

Anything call crypto no guarantee on it, bitcoin investment is much saver then anything in crypto space, and if you have believe in it and studies it better, you will achieve your goal with it. We all knows that investment deal with risk, no matter what they most be a risk, if you want to become wealth, you need to face some little challenge, and bitcoin is volatile is the challenge of Bitcoin. You can’t predict the right outcome, you can just invest and hold for a long period of time, and when the price reach your target, you sell it or keep growing it.

Making money from crypto is not easy and no one should deceive others about how they can make money from investing in cryptocurrency when they may have not made significant amount from their personal investments.
Bitcoin investment is not guaranteed and this also applies to altcoins like memecoins and others. Making money is not easy at all and investors need to be ready to face the reality.

[Pearl_20]

Knowing the risk involved in any business or investment your entering shows how much you really want to put in and crypto isn't just like any investment that you can just venture, for crypto if you don't know the risk involved and you just invest most times the lesson that Comes after might be very costly. Crypto isn't like banks that refunds or even reverse your money if sent to another person, in crypto there's no reversal once you invest in wrong site or start clicking on wrong links that's the end, and then you also know that in crypto price can fall at anytime and you also need a lot of patience so that when prices fall you don't have to panic or be sacred, you should know that that it work's.

Knowing the risk involved in crypto or any business doesn't really mean that may be you're not ready for that investment, it shows that you're ready to go into that investment fully informed and also use the money you know that isn't meant for something important to invest use what you know you can afford to lose.

[Umulala-alala]

You are absolutely correct Bitcoin investment is not guarantee but at least it is safer than any other crypto Investment especially those memecoins, most of them if not all of them are all scam project they have their strategy of making folks belief they are genuine and then after pumping in large amount of money the market will drop massively, in this kind of situation if you don't use your discretionary income and this happens one can be tempted to take their life. However, greed will not allow some people to do what is safe for them and encourage.

Anything call crypto no guarantee on it, bitcoin investment is much saver then anything in crypto space, and if you have believe in it and studies it better, you will achieve your goal with it. We all knows that investment deal with risk, no matter what they most be a risk, if you want to become wealth, you need to face some little challenge, and bitcoin is volatile is the challenge of Bitcoin. You can’t predict the right outcome, you can just invest and hold for a long period of time, and when the price reach your target, you sell it or keep growing it.

Making money from crypto is not easy and no one should deceive others about how they can make money from investing in cryptocurrency when they may have not made significant amount from their personal investments.
Bitcoin investment is not guaranteed and this also applies to altcoins like memecoins and others. Making money is not easy at all and investors need to be ready to face the reality.

You can choose to invest in bitcoin instead of putting in your money into some kind of shitcoin or altcoin despite that bitcoin isn't guarantee for us to make profits it's still far more better to invest in bitcoin for a long time than investing in shitcoin because they are not trusted like bitcoin, they could pump and dump making you loss everything you invested but bitcoin can never dump to zero rather it will increase as year counts, although anyone who chooses to invest in shitcoin or memecoin could use just 10% of their income to invest with and know that everything could turn to zero or still increase so i think the risk involved in investing shitcoin is very high.

[Chilwell]

You really need to know what you’re doing when it comes to cryptocurrency and stocks. I’m sure you don’t want to find yourself in a situation where you’re regretting your financial decisions because you probably went all in without understanding your goal. Most people just hear people doing something and they just follow probably because the figure is a mentor and so is believed by the individual to be the right thing. There is no guess work in crypto, do your findings before investing in Bitcoin or any other cryptocurrency.

Anybody that is investing in cryptocurrency should understand that risk that is involved and know how to quit when it's no more working for them.  There is financial risk when we invest in Bitcoin and we should be ready to learn so that we don't create another difficulty in making profit as someone that wanna invest and make money from the investment. Crypto can be profitable when you know how to play your game and buy without adding emotions to make money.

Most at times people who usually loses a lot in crypto are mostly newbies, because they were just convinced with what they saw from all this influencers and that push them thinking that it is all be about luck, which you must definitely know it before you can be able to earn from it. This influencers don't really show them the bad side when it comes to cryptocurrency and that is why they were all fooled to see that they are really making money there very fast.

Bitcoin investment is very risky and that is why is very important for someone to know it before getting into it, to make it in life it require a lot of patience and consistency and this is the problem that majority of us are having, that is why we keep on losing money unnecessarily.

[Mayor of ogba]

Even though bitcoin isn't guaranteed but since it has lasted for 17 years and keep on setting a new all time high in every circle, I will always prefer to invest in bitcoin instead of any other cryptocurrency because as far as I didn't sell my bitcoin for quick profit or sell it when the market is declining in the long run I will be grateful for investing in bitcoin.

[icebar]

While investing in crypto, there is risk involved, but without the right knowledge, an investor is exposed to more and more risk. Investors must have knowledge of Bitcoin and altcoins. It is also important to gain knowledge about the difference between Bitcoin and other coins and why one should hold Bitcoin or any other crypto.

When investing in a coin, investors must gain knowledge about coin and its supply, demand and its use case. Where the investor is keeping his invested assets is also important. Holding assets in one's own custody and holding them in the others custody are not the same thing.

In many cases, investors can lose their assets by choosing a coin out of greed or by taking instructions from scammers. Not only are investors exposed to risk due to market fluctuations, but in most cases, such problems can also occur due to lack of proper knowledge.

[Xackie]

Even though bitcoin isn't guaranteed but since it has lasted for 17 years and keep on setting a new all time high in every circle, I will always prefer to invest in bitcoin instead of any other cryptocurrency because as far as I didn't sell my bitcoin for quick profit or sell it when the market is declining in the long run I will be grateful for investing in bitcoin.

Bitcoin is the only cryptocurrency that is still worth investing in. The era of hypes on memecoins and Altcoins like it has completely ended , now most the projects are just on the Internet without people using them for something meaningful. The $150 I used in buying some of these altcoins then,  has disappeared because i wanted to diversify.  Bitcoin on the other hand is different because it's being considered as a strategic reserve for some countries, boarderless payment, these are kind of great projects that an investor can have full confidence in. It's very rarer for a long term holder to actually come out and complain that they lose their money in bitcoin.  Most their losses might be  due to their own personal errors which can be from their poor finances or  mindset not  actually from bitcoin.

[ASloveapg]

You are absolutely correct Bitcoin investment is not guarantee but at least it is safer than any other crypto Investment especially those memecoins, most of them if not all of them are all scam project they have their strategy of making folks belief they are genuine and then after pumping in large amount of money the market will drop massively, in this kind of situation if you don't use your discretionary income and this happens one can be tempted to take their life. However, greed will not allow some people to do what is safe for them and encourage.

Anything call crypto no guarantee on it, bitcoin investment is much saver then anything in crypto space, and if you have believe in it and studies it better, you will achieve your goal with it. We all knows that investment deal with risk, no matter what they most be a risk, if you want to become wealth, you need to face some little challenge, and bitcoin is volatile is the challenge of Bitcoin. You can’t predict the right outcome, you can just invest and hold for a long period of time, and when the price reach your target, you sell it or keep growing it.

There is no guarantee of success in investing in cryptocurrencies. However Bitcoin is relatively established among various assets and has been in the market for a long time, making it more acceptable than many other crypto assets. This position should never be interpreted as a risk-free investment. The important thing in investing is to have a clear idea of  your investment objectives, time frame and risk tolerance. Even low-risk investments have some uncertainty, while high potential returns are also associated with high risk. If the investment decision is made with a long-term goal in mind, changing the decision based on every short-term price change can weaken the investment strategy.

There is no guarantee of success in investing in cryptocurrencies. However Bitcoin is relatively established among various assets and has been in the market for a long time, making it more acceptable than many other crypto assets. This position should never be interpreted as a risk-free investment. If the investment decision is made with a long-term goal in mind, changing the decision based on every short-term price change can weaken the investment strategy.  Bitcoin   not  an asset where investing will guarantee the desired wealth or wealth. It is more reasonable to  acquire sufficient knowledge, allocate money according to your ability and make decisions with a long-term perspective.

[cxtreenal]

Even though bitcoin isn't guaranteed but since it has lasted for 17 years and keep on setting a new all time high in every circle, I will always prefer to invest in bitcoin instead of any other cryptocurrency because as far as I didn't sell my bitcoin for quick profit or sell it when the market is declining in the long run I will be grateful for investing in bitcoin.

Bitcoin is the only cryptocurrency that is still worth investing in. The era of hypes on memecoins and Altcoins like it has completely ended , now most the projects are just on the Internet without people using them for something meaningful. The $150 I used in buying some of these altcoins then,  has disappeared because i wanted to diversify.  Bitcoin on the other hand is different because it's being considered as a strategic reserve for some countries, boarderless payment, these are kind of great projects that an investor can have full confidence in. It's very rarer for a long term holder to actually come out and complain that they lose their money in bitcoin.  Most their losses might be  due to their own personal errors which can be from their poor finances or  mindset not  actually from bitcoin.

Investors are trying to concentrate their investment activities around Bitcoin. Most of the shitcoins that exist outside Bitcoin are just hype but investors are not responding much because in reality they are managed by centralized entities. The opinion you expressed about the altcoin craze existed before Bitcoin ATH last year but most of them have almost disappeared in the past year.

I have lost money several times when I diversified my portfolio but I have been able to accumulate the expected Bitcoin stack by holding Bitcoin and this has become a reliable investment for me.

Trading strategies to get profit in the short term have been risky time and again but long term Bitcoin investment strategies can provide the expected returns that have been proven. Long term investment in Bitcoin is profitable but not guaranteed. Accumulation Bitcoin through additional funds/discretionary income while taking into account the risk of price decline.

[osasshem]

You should revise your perception about cryptocurrencies. Not all cryptocurrencies are scams except Bitcoin. You can research the top cryptos. Bitcoin is the best of the best, with its vastness compared to other currencies. You are a new member and you need to learn more about Bitcoin so try it regularly. Known as a store of value, Bitcoin offers higher profit potential through long-term investment compared to investments in globally recognized real assets. Saving money in a bank or insurance company means you have entrusted your assets to a third party thats centralized control. Holding Bitcoin means you are the sole controller of your assets, without any third-party control and in a decentralized system.

I never said all cryptocurrencies are scam,I only said that crypto is being traded on blockchain technology,only blockchain technology anything aside this is scam,my points are specific,no coin was tag scam on my thread.

I think the perception he is trying to correct about your OP is the part you called all other coins apart from Bitcoin are shitcoins.
Here

...cryptocurrencies like BTC and other shitcoins are different...

Not all altcoins are shitcoins and truly one should know what he/she is investing into. As much as there are good altcoins in the market, not all deserves long term holding, even though they are being traded.

Anyone with low risk tolerance and has no personal training on risk management, there may be difficulties in surviving in the crypto investment industry.

[AYOBA]

Not all altcoins are shitcoins and truly one should know what he/she is investing into. As much as there are good altcoins in the market, not all deserves long term holding, even though they are being traded.

Anyone with low risk tolerance and has no personal training on risk management, there may be difficulties in surviving in the crypto investment industry.

What make some investors lose their money when they come to invest in altcoin and the shitcoins instead of them to make a research on their own so that they can able to differentiate between them, because some people’s considering them  that there’s not difference between them. Whereby there’s little bit difference, but the fact is that I will rather recommend altcoins to people instead of them shitcoin, both of them carry big risks but i think the altcoins is more risks.

[Stable090]

What make some investors lose their money when they come to invest in altcoin and the shitcoins instead of them to make a research on their own so that they can able to differentiate between them, because some people’s considering them  that there’s not difference between them.

Some of them knows the difference between altcoins and bitcoin, but they believe they can’t make much money from bitcoin investment, so they decide to invest in altcoins because they believe that’s what will give them quick profit. Some people losing money is caused by greed, they just want to make big money within a short period of time.

Some people that claim they don’t know difference between bitcoin and altcoins are not suppose to invest, because they don’t have proper knowledge about what they are investing in which is completely wrong. Know where you are keeping your money, before you start investing.

[ruykeri]

Even though bitcoin isn't guaranteed but since it has lasted for 17 years and keep on setting a new all time high in every circle, I will always prefer to invest in bitcoin instead of any other cryptocurrency because as far as I didn't sell my bitcoin for quick profit or sell it when the market is declining in the long run I will be grateful for investing in bitcoin.

Bitcoin is the only cryptocurrency that is still worth investing in. The era of hypes on memecoins and Altcoins like it has completely ended , now most the projects are just on the Internet without people using them for something meaningful. The $150 I used in buying some of these altcoins then,  has disappeared because i wanted to diversify.  Bitcoin on the other hand is different because it's being considered as a strategic reserve for some countries, boarderless payment, these are kind of great projects that an investor can have full confidence in. It's very rarer for a long term holder to actually come out and complain that they lose their money in bitcoin.  Most their losses might be  due to their own personal errors which can be from their poor finances or  mindset not  actually from bitcoin.

I agree with you. It is wrong to see Bitcoin and altcoin as the same type of diversification. After learning about cryptocurrency, those who are new to investing in crypto at the beginning make this kind of mistake. Again there are many people after investing in Bitcoin when they see that other tokens have increased in price a lot have made several times the profit in a short time, then they trade aggressively in altcoins due to greed. As a result most of them suffer losses. Because there are many differences between Bitcoin and altcoins. And for this reason there is no comparison between Bitcoin and any other altcoin. And the acceptance, ability and powerful position of Bitcoin is so high that it can be understood only by looking at the valuation of Bitcoin. Your $150 altcoin experience is an important lesson. Although you can learn this with relatively less funds and be careful. Many people invest in altcoins with a very large amount in the beginning without understanding. And the most dangerous aspect of altcoins is attention diversion. It takes a new investor away from the fixed mentality of investing in Bitcoin. Where an investor trading multiple altcoins of different types engages in short term trading instead of being a long term investor.