Before you invest in crypto know the risk.

[danieldavidd]

Anyone who is ready to make wealth he most be ready to take risk wisely. For  me everything about life is risk but you must take risk according to what you can afford to loose. Without panicking I am not saying that bitcoin is a risk, investment but because it is a digital asset that you managed with no single control from government. That gives freedom of managing your investment.

[Franklyn-wood]

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.

In this genzy generation people don't have the patience to endure for long when it comes to investing there money and people like this may not be able to hodl for long his Bitcoin investment. All business and investment have there different risk involved so Bitcoin is not excluded. Life also have it own risk and have different approach, so if the proper approach is giving to Bitcoin profit will made without hesitation. Sincerely there are different other reasons why one can of can fail in his Bitcoin investment.

[Umulala-alala]

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 worth investing, it's the most reliable and trustworthy among all cryptocurrency coin so anybody who chooses BTC made a right choice and decision. Bitcoin has be in existence for years now and it has been appreciating in value over the years and reaching several ATH, other coin may pump and dump but bitcoin is not a pump and dump coin. I still believe there price level bitcoin will never drop to like $50k, it's a potential asset to buy and hold for long as there will definitely be a reward for holding bitcoin in the future.

[Sonia_123]

Any investment wey person wan do get him own risk, wetin mata na how you take handle the risk aspect like you talk crypto dey risky but Bitcoin investment dey less risky compare to him trading aspect because you fit trust am sey e nor go disappoint you when you invest and hold am for a long term mainly when you nor get fear for body about the market price when e dey go up and down just overlook am and continue to they accumulate am by using the dca strategy wey go help you gather am small small without boro boro money but your discretionary income.

[Cleanslate_]

You nor go fit compare bitcoin investment to any other investment for cryptocurrency because na him sure pass and na him be the true coins pass any other coins, because him get reason why them create am to control inflation e nor just exist and na him make you dey see say other coins nor dey last for market, if dem come out before you know dem don crash because dem nor get reason to exist and dem depend on bitcoin to survive so if bitcoin price fall dem dey fall comot for market.

E dey go sey before you start to invest for Bitcoin make you know as e dey be and understand am better because plenty person go just here Bitcoin investment just rush to dey put money inside wey dem nor know as e dey work sey e go stay for long term of 4-10 years or more years before e go come dey give you beta reward, instead people think sey na quick money e dey give.

[Halifat]

Any investment wey person wan do get him own risk, wetin mata na how you take handle the risk aspect like you talk crypto dey risky but Bitcoin investment dey less risky compare to him trading aspect because you fit trust am sey e nor go disappoint you when you invest and hold am for a long term mainly when you nor get fear for body about the market price when e dey go up and down just overlook am and continue to they accumulate am by using the dca strategy wey go help you gather am small small without boro boro money but your discretionary income.

With is method a lot of become a bitcoiner, it's all about patience and consistency when it's comes to bitcoin investment or I will say when it comes to any kind of investment, using the rest strategy will actually give you a better result which you have mentioned. Based on my own view I save bitcoin investment as the most easiest if you just have access your discretionary income, and with this you could be able to set a target for yourself, it is not a bad idea for giving yourself a target but I see it as an encouragement to allow you to continue your investment without making money.

[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 worth investing, it's the most reliable and trustworthy among all cryptocurrency coin so anybody who chooses BTC made a right choice and decision. Bitcoin has be in existence for years now and it has been appreciating in value over the years and reaching several ATH, other coin may pump and dump but bitcoin is not a pump and dump coin. I still believe there price level bitcoin will never drop to like $50k, it's a potential asset to buy and hold for long as there will definitely be a reward for holding bitcoin in the future.

Bitcoin investment is profitable for those who will be in long term accumulation. If you want to withdraw profits quickly, then Bitcoin will be risky for you. If you expect to get quick profits from Bitcoin, it will have an adverse reaction with you. To get profits from Bitcoin you have to accumulate Bitcoin gradually and be mentally prepared to keep the holding for a long time.

Bitcoin is the most reliable in the crypto world but the price is volatile, so by building up the holding by buying frequently you will have a much higher chance of getting high profits at the end of the long term journey.

[Cyber_warrior]

Anyone who is ready to make wealth he most be ready to take risk wisely. For  me everything about life is risk but you must take risk according to what you can afford to loose. Without panicking I am not saying that bitcoin is a risk, investment but because it is a digital asset that you managed with no single control from government. That gives freedom of managing your investment.

Don’t get it twisted, Bitcoin is also a risky investment, that what it is always advisable to invest with your discretionary income. Bitcoin is a volatile asset and with such, it remains unpredictable. Over the years, history have proven that if you can hold bitcoin investment for a long period of time, then there is a tendency of getting a good return, but that doesn’t still guarantee that making profit in bitcoin investment is certain.

So yes, investing in Bitcoin is risky, so as a person you need to put yourself in the position of not being affected if there is a down run in bitcoin. So advisably invest with your discretionary income and also use the DCA strategy to make your investing much easier.

[Soldroplet]

Anyone who is ready to make wealth he most be ready to take risk wisely. For  me everything about life is risk but you must take risk according to what you can afford to loose. Without panicking I am not saying that bitcoin is a risk, investment but because it is a digital asset that you managed with no single control from government. That gives freedom of managing your investment.

Don’t get it twisted, Bitcoin is also a risky investment, that what it is always advisable to invest with your discretionary income. Bitcoin is a volatile asset and with such, it remains unpredictable. Over the years, history have proven that if you can hold bitcoin investment for a long period of time, then there is a tendency of getting a good return, but that doesn’t still guarantee that making profit in bitcoin investment is certain.

So yes, investing in Bitcoin is risky, so as a person you need to put yourself in the position of not being affected if there is a down run in bitcoin. So advisably invest with your discretionary income and also use the DCA strategy to make your investing much easier.

I agree with you. However, I think that when investing in Bitcoin, it is not only necessary to have extra money, but also to consider how long you can go without that money.
For example, a person can save $50 per month, but he does not have a separate fund for emergency needs. If he invests all his money in Bitcoin, he may suddenly face financial problems and be forced to sell Bitcoin at a low price. So, in my opinion, it is better to keep some money aside for daily expenses and emergency needs and buy Bitcoin regularly according to his ability. Again, if someone's income temporarily decreases, I do not see any problem in reducing the amount of investment or stopping it for a few days. Because regular investment should not be the only goal, but one should also have a financial situation to maintain one's investment for a long time. We do not control when the price of Bitcoin will increase or decrease, but at least we can decide how much risk to take according to our financial ability.

[Achalugo BTC]

Anyone who is ready to make wealth he most be ready to take risk wisely. For  me everything about life is risk but you must take risk according to what you can afford to loose. Without panicking I am not saying that bitcoin is a risk, investment but because it is a digital asset that you managed with no single control from government. That gives freedom of managing your investment.

Just as the saying goes 'No risk, no gain.' That is life. So people should not expect to be rich without taking risks, because taking risks can help them understand the importance of risk management. Just like investing in Bitcoin, if one doesn't understand how things work, they won't be able to make informed decisions that will enable them to stand firm and achieve their goals, even during market ups and downs. That is why it is necessary for one to understand how Bitcoin works before investing in it.

[MainIbem]

....

Just as the saying goes 'No risk, no gain.' That is life. So people should not expect to be rich without taking risks, because taking risks can help them understand the importance of risk management. Just like investing in Bitcoin, if one doesn't understand how things work, they won't be able to make informed decisions that will enable them to stand firm and achieve their goals, even during market ups and downs. That is why it is necessary for one to understand how Bitcoin works before investing in it.

Anyone who's scared of taking risk is not ready for success cause life itself is risky and involves lots of risk taking, however success isn’t gotten from taking risk alone but taking calculated risks, therefore understanding the risk of anything worth doing is very important so it can be properly managed to increase the chances of getting better results. Many people just go into something blindly wothout understanding what they're doing.