As much as it is good to take risk , there are risk that are worth taken and there risk that aren't worth it. Before we invest our hard money into any assets we should know the kind risk that is involved if it is worth taking or not. There some risk that some people do take that seen not to be right at all, it is always good to take Calculated risk to avoid had I know.
I agree with you. In fact, before taking any risk, we should always think long-term. Especially, we should invest in anything depending on how much risk we can tolerate. And if the investment is in Bitcoin, then it is better to invest with as little risk as possible. And before investing, we should not only think about whether there will be a profit, but also think about whether there may be a loss. We should focus on how to manage it after a loss.
Of course, in the case of investment, our plan should be long-term so that it becomes valuable for our future. Along with long-term planning, our emotions and risk and our own control are also very dependent on it, so be sensitive to them before investing. In every case, we know that there is risk, so if we invest in Bitcoin, it will definitely be better if we leave it for the future. If we take risks, we can reach a position of success. We should not just hope to make a profit by investing, but we should have a long-term goal so that we can earn high profits from it in the future. We have already seen that those who invested in Bitcoin in the past have now benefited a lot, accordingly we have to invest in Bitcoin for a long time. If we invest in Bitcoin for a long time, we will definitely get the results at some point, which will reward us a lot.