You can’t be a real investor in Bitcoin without taking risks

[Jegileman]

It has really gotten to me to bring to you this topic regards a friend that wanted to invest in Bitcoin but is afraid of risky it lol, I just laughed because I don’t understand how possible that can work?

Apart from Bitcoin investment, in a normal business, is also risky because so many things are involved, I just told him never to bother investing because, till you risk it you can’t make it, so many still do not get it, when it got to do with Bitcoin investment.

Is Bitcoin investment really risky so much that one will fear investing into them even after knowing about the risk involved, it is such a question of contemplation to some extent. Bitcoin investment is very important to learn about the disadvantages and knowing how to deal with them in the process. The advantages already overwhelmed the disadvantages, so it is actually important not to have a different overview from the actual viewpoint of the market. Every investments carries their risk and we should get to know more about the risk of a business before venturing into it because that’ll guide us not to make unforeseen mistakes that will cost us the investment. It is very okay to fear before going into an investment, but it is also important to know the approach to be used in an investment that you’ve learnt about its pros and cons.

[Dzwaafu11]

It has really gotten to me to bring to you this topic regards a friend that wanted to invest in Bitcoin but is afraid of risky it lol, I just laughed because I don’t understand how possible that can work?

Apart from Bitcoin investment, in a normal business, is also risky because so many things are involved, I just told him never to bother investing because, till you risk it you can’t make it, so many still do not get it, when it got to do with Bitcoin investment.

Anybody who sit down, and thinking of investment but don’t want to take the risk his just saying it but not ready to invest, and this is not only bitcoin. But any other  investment. However, bitcoin investment has some certain risk, that one must take before been successful in it, so if someone will want to invest and scared if the risk in the market and then definitely that person isn’t ready, perhaps he don’t have the basic knowledge of bitcoin investment.

[Coyster]

Everybody get their own risk appetite, if person believe say bitcoin dey too risky for am, then i understand what they are talking about. There are less risky and volatile investments wey such person fit get into. The main risk in buying bitcoin for a lot of people is the fact that them go be their own bank, no be even about the price. You know say most people are only used to centralized systems, so a decentralized ecosystem may prove challenging to them and they could lose their funds.

That said, wetin i dey advise newbies na to start slowly. Learn about security first and the basics too. Then start to dey accumulate small small. Going about it this way would ensure that you do not make a devastating mistake.

[Makus]

Being a crypto investor is all about taking risks, But it is better to make sure that you are taking responsible risks because if you don't you might run into losses. Even though bitcoin doesn't really settle on a dump permanently  you can still lose significantly. in October a lot of people invested 90 percent or if not all of what they had on bitcoin investment but the market crashed and they ended up losing a lot which resulted in the death of a lot of cryptans, it was sad that they took their lives, this are the cons of taking high risks in crypto

[DaNNy001]

Bitcoin investment is all about taking risks, first of all you must be fully aware of what you are getting into and also how the market works...It is important to know your limits and capacity, don't go beyond it because you see what someone else is doing..if you don't take risks that you arr mme capable of then when you start losing it is going to be difficult for you to be able to get through it

[Different patterns]

It has really gotten to me to bring to you this topic regards a friend that wanted to invest in Bitcoin but is afraid of risky it lol, I just laughed because I don’t understand how possible that can work?

Apart from Bitcoin investment, in a normal business, is also risky because so many things are involved, I just told him never to bother investing because, till you risk it you can’t make it, so many still do not get it, when it got to do with Bitcoin investment.

Make I just say your friend fear to risk the money that is actually make sense, investment in bitcoin is risk we believe that, but what one need to understand is that every path to growth carries risk behind, even normal business can fail because of bad location or low sales, every investment one want to do, you have to think it twice whether it goes the way you want it or you lose. and we know that bitcoin has the price volatility and risk, but that's not really the issue, the issue is to understanding the risk, instead of ignoring it.

But where I really disagree with you is that telling your friend, never to bother investing, I think the only message you can pass there is awareness, to just simply tell your friend, never to invest in what you don't really understand or invest what you can afford to lose.

[Humblevirus]

It has really gotten to me to bring to you this topic regards a friend that wanted to invest in Bitcoin but is afraid of risky it lol, I just laughed because I don’t understand how possible that can work?

Apart from Bitcoin investment, in a normal business, is also risky because so many things are involved, I just told him never to bother investing because, till you risk it you can’t make it, so many still do not get it, when it got to do with Bitcoin investment.

It is afraid to invest in Bitcoin because it does not have proper knowledge of Bitcoin and cryptocurrency in general. Most of us here, before we start investing in Bitcoin, are also afraid to invest because we don’t have the knowledge that can convince us enough to invest in Bitcoin. In fact, some people, when they started their Bitcoin investment, had the mindset to invest just a very small amount of money. But later, when they started understanding Bitcoin more, their mindset started changing, and they wanted to invest much more than what they planned before.

Another point is that we also need to be afraid sometimes of where we are going to invest. If not, and we try to take too much risk, we may end up in trouble. There are investments that some people are regretting now because earlier they did not properly consider the risks they were taking. Some investments were not worth the risk. So, we need to stay calm and learn properly about the investment risks we want to take, and that way we may not regret our decisions

[Mayor of ogba]

Bitcoin investment isn't risk-free because all investments and businesses involve risk. The people who invested in bitcoin early took risk by investing their money into bitcoin because they had no idea that the bitcoin price would skyrocket in the future, and some of the investors that didn't sell their bitcoin but held it for the long term bitcoin turned them into millionaires in dollars. Tell your friend there's no time bitcoin will be risk-free, so if he still want to invest in bitcoin, he can kickstart his bitcoin investment before it will be too late for him.

[iBaba]

It has really gotten to me to bring to you this topic regards a friend that wanted to invest in Bitcoin but is afraid of risky it lol, I just laughed because I don’t understand how possible that can work?

Apart from Bitcoin investment, in a normal business, is also risky because so many things are involved, I just told him never to bother investing because, till you risk it you can’t make it, so many still do not get it, when it got to do with Bitcoin investment.

Anybody who sit down, and thinking of investment but don’t want to take the risk his just saying it but not ready to invest, and this is not only bitcoin. But any other  investment. However, bitcoin investment has some certain risk, that one must take before been successful in it, so if someone will want to invest and scared if the risk in the market and then definitely that person isn’t ready, perhaps he don’t have the basic knowledge of bitcoin investment.

You are right. If someone says they want to invest but are scared of taking risks then deep down them, I will say they are not serious and ready yet. Every form of investment always comes with a degree of risks whether you plan to invest in real estate, stocks or other businesses. Bitcoin risks can be big sometimes and yes, it is because it is usually affected by the uptrend and downtrend of the market which is caused by its volatility. If you want success long time, then you must accept to take that risk and learn how best to handle it.

[Out of mind]

It has really gotten to me to bring to you this topic regards a friend that wanted to invest in Bitcoin but is afraid of risky it lol, I just laughed because I don’t understand how possible that can work?

Apart from Bitcoin investment, in a normal business, is also risky because so many things are involved, I just told him never to bother investing because, till you risk it you can’t make it, so many still do not get it, when it got to do with Bitcoin investment.

Risk should be taken in every field, otherwise no one can succeed, not only Bitcoin investment, if you want to start a business, you still have to take risks. The more risk a person is willing to take, the more likely he is to succeed, but before taking risks, you must have a proper plan. Moreover, it is important to have your own experience and skills with the plan, otherwise you will not only not be successful by taking risks, but there is a high chance of losing money. However, we should invest in Bitcoin and keep it for a long time. If we are ready to take big risks in Bitcoin, we will be successful in the future. We know that the future of Bitcoin is very good, and those who invest in Bitcoin and take risks will be able to succeed financially in the future.

[NewRevelation]

I think whoever is too afraid to invest in Bitcoin because of the risk doesn't understand Bitcoin well. If you have an understanding, you will be aware of the risks in Bitcoin, which you don't need to be scared of. Bitcoin is very volatile, and if you must invest in it, you should be thinking of the long term and invest an amount that you can afford to lose.

 If you are not doing this, it means you are going about it the wrong way, which means you are taking a risk that can cause you to be at a loss. Get an understanding, and you don't have to be afraid to invest in Bitcoin.

One major stay and confidence that Bitcoin investment brings is that it has proven itself over the years to be a store of value and has not failed. All we see is it's down time, and this is because of its volatile nature, and what next, it appreciates. It's always in the move in either direction, but Las Las, E go still appreciate. So the point how you invest in it. If you invest rightly, like investing using your discretionary income and then slowly building up your emergency funds and other back up funds, you would be able to buy consistently and HODL for the long term. So fear should be overcomed because Bitcoin has proven itself

[Showlove01]

I think whoever is too afraid to invest in Bitcoin because of the risk doesn't understand Bitcoin well. If you have an understanding, you will be aware of the risks in Bitcoin, which you don't need to be scared of. Bitcoin is very volatile, and if you must invest in it, you should be thinking of the long term and invest an amount that you can afford to lose.

 If you are not doing this, it means you are going about it the wrong way, which means you are taking a risk that can cause you to be at a loss. Get an understanding, and you don't have to be afraid to invest in Bitcoin.

One major stay and confidence that Bitcoin investment brings is that it has proven itself over the years to be a store of value and has not failed. All we see is it's down time, and this is because of its volatile nature, and what next, it appreciates. It's always in the move in either direction, but Las Las, E go still appreciate. So the point how you invest in it. If you invest rightly, like investing using your discretionary income and then slowly building up your emergency funds and other back up funds, you would be able to buy consistently and HODL for the long term. So fear should be overcomed because Bitcoin has proven itself

You are right but currently you can not say for sure that what will happen in the market is appreciation because there's still possiblity that Bitcoin can still Dip below or more because it is a volatile asset and we can not measure the extent it can Dip to and we can not also measure the extent it can appreciate or surge to but we are certain that it will appreciate and that is how it has been for years now and it has not changed. Holding for long term is the key because of the volatile nature of Bitcoin.

[Stable090]

It has really gotten to me to bring to you this topic regards a friend that wanted to invest in Bitcoin but is afraid of risky it lol, I just laughed because I don’t understand how possible that can work?

You should let your friend know that there is risk in bitcoin investment, if him ready to take d risk, then u fit guide am on how him go run am, but if him no ready for d risk, e better make u just leave am, no force am because if u force am and him come lose money at the end, na u him go blame for that.

If you wan carry anybody enter bitcoin investment, make u allow d person know say risk Dey Wetin him wan do, and him fit lose money, no just talk about how him fit make money alone, make u talk about loss too. Plenty people Dey think say if dem put money for bitcoin, dem no fit lose money again, and things no be like that, if u put money for bitcoin, u still fit lose money.

[Dr.Bitcoin_Strange]

I still used to have the regret of some money I lost into an investment that was not Bitcoin, if I had already had the knowledge of Bitcoin before I got that money, I would have invested it on Bitcoin but I didn't have Bitcoin knowledge and decision to invest into what I thought I knew best caused me my money. So, what am saying is that, people that want to invest into Bitcoin but are scared are people that doesn't have a proper knowledge about Bitcoin, if they do, they would even invest fearlessly but lack of information and quality knowledge can cause all that.

[DaNNy001]

I still used to have the regret of some money I lost into an investment that was not Bitcoin, if I had already had the knowledge of Bitcoin before I got that money, I would have invested it on Bitcoin but I didn't have Bitcoin knowledge and decision to invest into what I thought I knew best caused me my money. So, what am saying is that, people that want to invest into Bitcoin but are scared are people that doesn't have a proper knowledge about Bitcoin, if they do, they would even invest fearlessly but lack of information and quality knowledge can cause all that.

Well they say information is power for a reason mate, because believe me it's definitely not possible to have the mind of investing on something that you have little knowledge about especially when it have to do with something that concerns monetary means. Just like you they are thousands of persons out there that have also made such mistakes and are living with the regret but that's not the right thing or way to go about it as it's always better to learn and then adjust to the new possible situations.

[Tungbulu]

Everything about life is risk. It’s even more risky not to take risks. As long as finance is concerned, whether it’s business or investment, there’s always a presence of risk and uncertainty, and it requires only someone who’s willing to take these risks heads on to succeed. No matter how well thought out your strategy is, it still won’t eliminate the risks involved. So anyone who’s not willing to take risks isn’t ready to get involved in anything that concerns finance.

[uche6215]

Taking risk is not only limited to Bitcoin only the facts remains that, you can achieve anything tangible without taking risks. Your ability to take risk only tells of how ready that you are to go into the next level of your life. Anything you are engaging in which doesn't bring any form of risk is not worth it, because nothing is free in life so for anyone to call himself an investor such a person should be able to take the risk and invest in uncertainty which is what makes you an investment.Every investor is expected to have some qualities which is expected to differentiate them from the others and sitting at the top of those qualities should be risk taking.

[cxtreenal]

It has really gotten to me to bring to you this topic regards a friend that wanted to invest in Bitcoin but is afraid of risky it lol, I just laughed because I don’t understand how possible that can work?

Apart from Bitcoin investment, in a normal business, is also risky because so many things are involved, I just told him never to bother investing because, till you risk it you can’t make it, so many still do not get it, when it got to do with Bitcoin investment.

You will find some stubborn people in every field of life who do not want to accept logic. If any of the investors only want to get profit, they are not wise. In every field life has to be lived with wins and losses.

Your friend wants to invest in Bitcoin but does not want to take risks. Well, advise him to invest in Bitcoin using DCA strategy according to his income capacity. Give him a target of 4-10 years. Advise him not to have any specific amount of money committed to Bitcoin accumulation and to allocate any amount of money. Also advise him to consider Bitcoin as an asset for the future and deposit regularly.
This strategy will reduce the risk of the investor to a large extent because he is not putting pressure on his own financial system and is accumulation Bitcoin independently. As time passes, his Bitcoin holdings will continue to increase and provably at the end he will achieve huge profit.

[Cgrexp]

You will find some stubborn people in every field of life who do not want to accept logic. If any of the investors only want to get profit, they are not wise. In every field life has to be lived with wins and losses.
Your friend wants to invest in Bitcoin but does not want to take risks. Well, advise him to invest in Bitcoin using DCA strategy according to his income capacity. Give him a target of 4-10 years. Advise him not to have any specific amount of money committed to Bitcoin accumulation and to allocate any amount of money. Also advise him to consider Bitcoin as an asset for the future and deposit regularly.
This strategy will reduce the risk of the investor to a large extent because he is not putting pressure on his own financial system and is accumulation Bitcoin independently. As time passes, his Bitcoin holdings will continue to increase and provably at the end he will achieve huge profit.

You are right, if one is afraid of the possibility of financial risk or one does not want to take risks, then instead of trading, it would be better for him to invest for the long term. He can invest small amounts regularly according to his income, which will not be stressful for him. But he should keep a goal of at least four years. And the most important things are patience and regularity. Even if he has money, if he does not have patience or mentality, then many people will not be able to sustain it for at least four years.

[Cryptomultiplier]

Taking risk is not only limited to Bitcoin only the facts remains that, you can achieve anything tangible without taking risks. Your ability to take risk only tells of how ready that you are to go into the next level of your life. Anything you are engaging in which doesn't bring any form of risk is not worth it, because nothing is free in life so for anyone to call himself an investor such a person should be able to take the risk and invest in uncertainty which is what makes you an investment.Every investor is expected to have some qualities which is expected to differentiate them from the others and sitting at the top of those qualities should be risk taking.

The risk is always inherently present for an investor. Even a gambler would have to take risk when they know they can clearly lose out on their bet.
The only thing about investing in Bitcoin is to know and have your own personal conviction about it and then while there is the fear of missing out playing a role, there is also the joy of missing out, of which an investor might be lucky and happy not to have invested at the particular time when others rushed in, and thus lost huge investment portfolio.