It’s important to take a risk but taking a calculative risk is the best

[Zackz5000]

However everyone believes he who take the highest risk get a better reward, when taking a risk try and make sure you risk what you can afford for you not to be affected mentally because with the price of Bitcoin now some people where affected mentally. Some take loan from several institutions and presently don’t have means or can not meet up with the demand for refunds

There are risk we should not accept to take when investing in Bitcoin that is taking loan to invest in Bitcoin, many people take unnecessary risk because they think that when there is no risk there is no reward, taking a loan to invest in Bitcoin when there is no means to repay back the borrowed money can actually be stated not to be a calculated risk because you can sell your Bitcoin at lost maybe Bitcoin might have dip before you sold just to repay back your loan so that the interest of the loan won't be accumulating.

[Scarlett_23]

However everyone believes he who take the highest risk get a better reward, when taking a risk try and make sure you risk what you can afford for you not to be affected mentally because with the price of Bitcoin now some people where affected mentally. Some take loan from several institutions and presently don’t have means or can not meet up with the demand for refunds

Investing in Bitcoin is not a risk but should be done with the right plan. For this, you must have your own permanent income system. If you have three to six months of emergency funds in hand after meeting your basic needs, then you should invest according to your ability. It is better not to take a loan from anyone to invest here. Because the price of Bitcoin always fluctuates. So if you invest with a loan, if the price decreases, the loan repayment cannot be made on time, in which case it will be a threat to your investment. Again, we often invest in the wrong places, so we have to be careful about this. There are many fake currencies in the market that often deceive customers, so you should refrain from investing in these areas at the risk of your own money.

[MainIbem]

There's nothing in this life that's not risky, every business and investment got their own risk factors including Bitcoin investment but how to apply risk management (calculated risk) matters alot. Therefore in whatever we do we must learn to acknowledge the risk factor in it and learn to manage it. I see someone saying investing in Bitcoin is not a risk, yes it is since we can't predict the future but just hope and believe that it would keep doing better based on it's history, so it's a risk worth taking and some of the ways of managing the risk in it is patience and also using a secured wallet for storing it.

[rachael9385]

However everyone believes he who take the highest risk get a better reward, when taking a risk try and make sure you risk what you can afford for you not to be affected mentally because with the price of Bitcoin now some people where affected mentally. Some take loan from several institutions and presently don’t have means or can not meet up with the demand for refunds

Taking risks can be rewarding when things turn out well but irrespective of whether things goes in the direction that we really want ot is important to always make sure that we take calculated risks. Every investment is risky but there are measures we can take in order for the risk to be reduced. For example if we decide to invest in bitcoin we must be smart about the amount of money we put into it. Taking losns to invest or using an amount you cannot afford to lose is not advisable because when things goes wrong you might be in regrets

[Makus]

Taking risks have their good and bad sides so it is important to weigh them before making yoir final decision. Don't always be moved by the reward or profit, take your time to give it some logical reasoning and if you there is a way to make it less riskier than the way it is then by all means it is good that you do it. Before taking a taking a risk ask yourself what would happen if it all goes wrong? You either either end up in profit or losses but the level of losses you incur depends on how you make use of risk management, this is the calculated risks we are talking about

[Cryptomultiplier]

There was a significant amount of liquidation that occurred in October following bitcoins dip and that really affected the market up till present.
I cannot advise the less risk takers anymore than they already know, slow and steady DCA strategy still does the magic to guard against loss and be better positioned for the next ATH.

The best knowledge one can have right now and master that would help both online and offline for any kind of investment, is risk management practices and how to apply it effectively and efficiently mostly in cases like the sudden dip in a promising asset like Bitcoin.