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

[Brizi5000]

Any form of investments we make will surely come with risk, our job is on how to contain it. In terms of Bitcoin alot of people rush in blindly because of quick profits, Fomo, so they put their whole money into it and then within sometimes their capital disappears. So this often creates fears in their minds and they will bad mouth it for any other person who wants to invest in bitcoin. Instead of them to calm down and plan on how they want to invest, gain some basic knowledge about Bitcoin, Using your spare cash, focus on longer term etc, this reduces the risk of investment. Sometimes people just need time to observe the market, learn gradually, and build confidence before deciding whether it fits their financial goals or risk tolerance.

youre right, there is no business venture or investment that is risk free, especially if it involves putting money  and for bitcoin investment it is even more riskier due to its unstable nature which i believe is the more reason why most people tend to avoid investing in it and they cant bear the risk. but the good news is that bitcoin investment is designed in such a way that one can actually invest and even when it seems that the investment is not going your way yet, the impact of the risk wont be much on you with the introduction of the dca method of investment whereby one can buy bitcoin either weekly or monthly basis with just a discretionary income. in this pattern it allows you to invest with what you can afford to lose and also allows you to invest whenever your discretionary income is available after taking care of your basic financial needs so that you wont be needing the money anytime soon. so anyone who is afraid of investing in bitcoin due to risk should not panic as the dca method can be useful to them.

[Yablee0]

I have once created something like this, Every successful investor is a risk taker. , yes their is no success without a price to be paid, you must be courageous enough to take the risk involved before emerging your desire position in life. However it's more interested because Bitcoin is not just a normal or a regular investment deal that probably might be having trust issues perhaps Bitcoin has been confirmed and have proven beyond all reasonable doubt to be outstanding among all.

Bitcoin has got us covered in terms of inflation, it appreciate in value overtime and lot more, what more are we talking of that you would benefit from it, if we can risk our hard earned funds way back in MMM that nearly sent most Nigerians to their early grave, something that wasn't worth risking for then what more about Bitcoin that has practically been proven to be the number one crypto assets ever. However I wouldn't say I wasn't once skeptical about it earlier but since when I gave it a trial and I saw things for myself, i can boldly says every risk involved in Bitcoin investment is worth taking.

[Bitcoin.com97]

If his is not willing to take the risk , them no point , knowledge is the principal thing , his must be aware of the risk  and understand how it works , generally in life everything we do is risky , even business that we venture into , it’s either profit or lost , sacrifice are to be made to ascertain a certain level ,if you are not a risk taker them you are not ready to level up , fear has a way of keeping one stagnant, accept your fate and embrace the reality, so in essence of what I am say , you can’t be a real investor in Bitcoin without taking risk .

[RockBell]

Any form of investments we make will surely come with risk, our job is on how to contain it. In terms of Bitcoin alot of people rush in blindly because of quick profits, Fomo, so they put their whole money into it and then within sometimes their capital disappears. So this often creates fears in their minds and they will bad mouth it for any other person who wants to invest in bitcoin. Instead of them to calm down and plan on how they want to invest, gain some basic knowledge about Bitcoin, Using your spare cash, focus on longer term etc, this reduces the risk of investment. Sometimes people just need time to observe the market, learn gradually, and build confidence before deciding whether it fits their financial goals or risk tolerance.

youre right, there is no business venture or investment that is risk free, especially if it involves putting money  and for bitcoin investment it is even more riskier due to its unstable nature which i believe is the more reason why most people tend to avoid investing in it and they cant bear the risk. but the good news is that bitcoin investment is designed in such a way that one can actually invest and even when it seems that the investment is not going your way yet, the impact of the risk wont be much on you with the introduction of the dca method of investment whereby one can buy bitcoin either weekly or monthly basis with just a discretionary income. in this pattern it allows you to invest with what you can afford to lose and also allows you to invest whenever your discretionary income is available after taking care of your basic financial needs so that you wont be needing the money anytime soon. so anyone who is afraid of investing in bitcoin due to risk should not panic as the dca method can be useful to them.

And people want to enjoy the previlages but they want to follow the road map. It is not easy to take the risk, but what do you want to do when you are not ready to take risk and we have to leave so many things behind and then focus seriously on how to make things better how to expand by even buying more because that is the only way that things are going to be getting better in the of expansion and this are the things that should be going through our heads from what we are seen investment is good just that it takes a lot especially when you don't have mind then it wont be has easy has we all think and this is one of the reasons why we all need to take bitcoin investment seriously.  discretionary income, then your investment plans follows and when all these are done consistently, then you can even do whatever you want with the remaining money.

[Kryptonite788]

Becoming a real bitcoin investor requires that person to embrace and be able to manage the risk that come along with it because at the end of the day No risk ,No reward. But then, only invest what you can afford to hold for long term and won’t affect your financial stability, in other words, invest what you can lose comfortably and never allocate all your money into one asset, diversification is key. Investing with a clear plan instead of emotions will also help you navigate through risk management as a bitcoin investor because most people rush into bitcoin investment without having a clear vision so when things go side-ways,they end up devastated.

[iBaba]

If his is not willing to take the risk , them no point , knowledge is the principal thing , his must be aware of the risk  and understand how it works , generally in life everything we do is risky , even business that we venture into , it’s either profit or lost , sacrifice are to be made to ascertain a certain level ,if you are not a risk taker them you are not ready to level up , fear has a way of keeping one stagnant, accept your fate and embrace the reality, so in essence of what I am say , you can’t be a real investor in Bitcoin without taking risk .

Who wants to truly venture into a business today without preparing their minds for the risks that will follow it. I don't think that person is realistic enough about the realities associated with business. Bitcoin investment is not a charity program. It is a business opportunity that you can tap into for your financial benefits and if that is the case for you, I mean if you want to make profit from bitcoin then you should be ready to take some risks associated with your investment. Those who are unable to beat the fears that comes with the associated risks are those who fail to invest at the end of it.

Where we mostly find people telling their unsuccessful stories is mostly those who do not take calculated risks during investing or those who have little to no knowledge of the process. You must not learn all the knowledge of investing in bitcoin before you make that decision but you also need the hands on knowledge to begin because the more you know, the better you sit in a position where you can confidently take calculated risks.

[ZeroVinsonN]

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.

People don't usually always just wake up and decide to invest in bitcoin c their decisions are almost always influenced by someone else, they've seen someone who invested in bitcoin and is making profit from it so they too want to be a part of that and usually the good thing to do is to seek guidance from the person that influenced you, this way you won't be going in blind, you would know about the volatility and what kind of money to invest with, it's usually when you decide to do everything on your own that you end up making so many first time mistakes that could lead to not even trusting the idea of investing in bitcoin again.

[sotelorene]

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.

People don't usually always just wake up and decide to invest in bitcoin c their decisions are almost always influenced by someone else, they've seen someone who invested in bitcoin and is making profit from it so they too want to be a part of that and usually the good thing to do is to seek guidance from the person that influenced you, this way you won't be going in blind, you would know about the volatility and what kind of money to invest with, it's usually when you decide to do everything on your own that you end up making so many first time mistakes that could lead to not even trusting the idea of investing in bitcoin again.

My people use to say " person wey dey ask questions, no dey loss for road" if you must succeed or get to where you want to go, you will definitely need to be asking questions because no body is an island. It is also true that sometimes people are been drive by others but not really all the time because sometimes it is just desire and what we like right from time, there are actually things we can do by ourselves without involving people but not Bitcoin investment because someone needs to understand some dynamics about it so they don't have to regret their action or decision.

[ejikeme24]

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.

If he's afraid to invest due to the risk then it means that he's not prepared for it, you know there's a different between someone  who "want to invest" and also someone who is willing to invest, those who are willing to invest will do it regardless of the risk while those who wanted to invest may not know about the risk and once they figure out the risk involve in bitcoin investment they will just change their mind all of a sudden and that's exactly what happened to your friend, seems he doesn't know about the risk from the onset maybe he just find out recently that is why he's afraid.

[Yablee0]

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.

Their one thing many people are still not getting right in this whole Bitcoin stuff, the risk involved is inevitable and can't be avoided like wise every other well profitable investment deal, you must be ready and bouyant enough to face the fears involved otherwise forget it.

To make it more interesting, the risk attach to Bitcoin investment is worth taking because no doubt it's very volitile but if you can go for the long term plan  then you will understand better why it's exceptional from others. However the main reason many investors are not getting it clear in their investment dealings is that majority are not investing from the right funds which is the discretionary funds, because their is no way an investor will be investing out of his discretionary funds and still stay discipline and consistent in his holdings that the later results wouldn't be successful, surely it will.

Therefore, taking risk in life is very essential and offcourse necessary but endeavor that what you are risking your hard earned funds for is worth risking for, else you will learn the hard way.

[Bigjoe33]

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.

People don't usually always just wake up and decide to invest in bitcoin c their decisions are almost always influenced by someone else, they've seen someone who invested in bitcoin and is making profit from it so they too want to be a part of that and usually the good thing to do is to seek guidance from the person that influenced you, this way you won't be going in blind, you would know about the volatility and what kind of money to invest with, it's usually when you decide to do everything on your own that you end up making so many first time mistakes that could lead to not even trusting the idea of investing in bitcoin again.

My people use to say " person wey dey ask questions, no dey loss for road" if you must succeed or get to where you want to go, you will definitely need to be asking questions because no body is an island. It is also true that sometimes people are been drive by others but not really all the time because sometimes it is just desire and what we like right from time, there are actually things we can do by ourselves without involving people but not Bitcoin investment because someone needs to understand some dynamics about it so they don't have to regret their action or decision.

Of course yes, and the closest person is just the right person to seek some directions on how to go about it. But first, there must be interest from the end of the person who wants to start the investment. I believe the interest drives him to remain put to the process and keep learning till the end. Then the internet too, Google is a good source of knowledge for everyone, and anyone who want to grow must liverage on the informations in the internet to grow himself.

Since bitcoin is a bit complex and has no regular pattern of movement, we can't really everything before we start, and so, we just have to gather some little but basic knowledge and then Nappi out your discretionary, you can begin your investment and slowly, you can grow in understanding and in your investment journey too

[Judith87403]

To fear risk in a kind of investment is very normal. Just like traditional businesses have uncertainty as a result of change in market, costs, and demand. Same thing is applied to Bitcoin. The point that is  important is do not ignore the risk but try to understand and manage it.

The concern of your friend is very useful, mostly because the price of Bitcoin can be volatile. Nonetheless, to avoid all the risk equally implies missing possible opportunities. A more preferred approach is to first  learn, gradually invest, and just use money you can afford to hold for long term.

Investment is scarcely concerning taking risk blindly. It is concerning making informed decisions, patience, and proper risk management. With the proper mindset, Bitcoin can be approached just like every other long-term investment instead of a gamble.

[Jubilee58]

Every investment involves risk, but when you fail to take the risk, you also fail to become successful.

In Bitcoin investing, the only thing i know that can make you fail is when you are a short term investor, and when you compromise with your wallet, thereby allowing intruders or unauthorized access.
For short term investors, they are easily affected by market volatility and can sell their Bitcoin even at loss.

If you are a long term investor, you don't need to be afraid of investing in Bitcoin, the reason is because, bitcoin is gaining widespread adoption and acceptance. It is a digital asset attracting a global interest, for this reason, Bitcoin is far from disappointing investors.

Since the invention of Bitcoin till date , Bitcoin has not failed to reward investors, more especially on the long run. Bitcoin is worth the risk, and investing in Bitcoin is a genue risk, more especially for long term investors.

[fredericktaylor]

To fear risk in a kind of investment is very normal. Just like traditional businesses have uncertainty as a result of change in market, costs, and demand. Same thing is applied to Bitcoin. The point that is  important is do not ignore the risk but try to understand and manage it.

The concern of your friend is very useful, mostly because the price of Bitcoin can be volatile. Nonetheless, to avoid all the risk equally implies missing possible opportunities. A more preferred approach is to first  learn, gradually invest, and just use money you can afford to hold for long term.

Investment is scarcely concerning taking risk blindly. It is concerning making informed decisions, patience, and proper risk management. With the proper mindset, Bitcoin can be approached just like every other long-term investment instead of a gamble.

Of course, there is a risk in any investment, which is very natural, if there is no ability to take risks, success in investment can never be expected. There is a risk in investing in Bitcoin, but those who acquire the right knowledge, understand the volatility of Bitcoin, buy Bitcoin consistently with a long-term plan or enter the market and do not get disappointed quickly, and hold Bitcoin with confidence can achieve success in the future. Investing knowingly can reduce the amount of risk.

[ProsperBTC001]

Firstly, you need to have the knowledge of Bitcoin and be aware of the  risk and understand how it works, when investing you invest what you can afford to lose and won't panic, also consider investing for long-term because it's profitable. Anything that involves investment there must be risk in it and in other to be successful you have to take the risk and have a positive mindset. Don't let your emotions control you manage your risk.

[Agathamay]

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.

well said sir and your answer is actually the perfect answer the thread needs as i also believe that, anyone who truly understands bitcoin and it's concept shouldn't be afraid to invest in it and even before anyone invest in cryptocurrency, they ought to know that, it is a very risky business and nothing is guaranteed but the case of bitcoin is more of a different one as it has over time proven itself to always recover from previous losses and even attain a new ATH, and it has repeated this for over 3 circles and more and why should one still be scared to invest in the coin?

[Uhwuchukwu53]

When investment is involved I think is is one of the major thing that has no short cut or escape route which success is not assured until it manifest, and secondly has no reward to them that refuse to engage. Risk is not bad it's important that investor just understand risk and how it work and choice the right direction of risk,no body succeed without risk even magic is risk Bitcoin is not magic it's true well strategy planing and which involves risk and the smartness of managing the risk that makes investor succeed.

[Versatile_choice]

When investment is involved I think is is one of the major thing that has no short cut or escape route which success is not assured until it manifest, and secondly has no reward to them that refuse to engage. Risk is not bad it's important that investor just understand risk and how it work and choice the right direction of risk,no body succeed without risk even magic is risk Bitcoin is not magic it's true well strategy planing and which involves risk and the smartness of managing the risk that makes investor succeed.

I like this side of your comment that says "even magic is risk" and you're right about that whatever thing we do or we are doing with the intention of achieving a certain goal is associated with risk so it is not supposed to be a new thing to us anymore because that risk we are afriad to take is what we have been taking almost every day, the thing is that most of us don't regard that aspect because the work we are doing every day is risk because something bad might happen to us there and of course majority died in their working place as a result of hard Labour or other related cases, this makes me feel that the risk in bitcoin investment is quite different from most of the risk we are taking out there since it doesn't take human life, rather we might just feel bad when we loss and the feeling won't even last Long.

[Pablo-wood]

There is no investment or business that doesn't come with risk. Even the local vendors on our streets have the risk the battle as well. The first step is understanding how everything involving bitcoin investment works. The second step is having a little experience and this can only be gotten when an actual investment is done. I always advise starters to start small,  with the amount they can afford to lose incase their emotions begins to fail them.

Overtime when their confidence level is high enough to increase their risks then they can choose to go all in with what an amount more tangible and substantial.

[ASloveapg]

To fear risk in a kind of investment is very normal. Just like traditional businesses have uncertainty as a result of change in market, costs, and demand. Same thing is applied to Bitcoin. The point that is  important is do not ignore the risk but try to understand and manage it.

The concern of your friend is very useful, mostly because the price of Bitcoin can be volatile. Nonetheless, to avoid all the risk equally implies missing possible opportunities. A more preferred approach is to first  learn, gradually invest, and just use money you can afford to hold for long term.

Investment is scarcely concerning taking risk blindly. It is concerning making informed decisions, patience, and proper risk management. With the proper mindset, Bitcoin can be approached just like every other long-term investment instead of a gamble.

Of course, there is a risk in any investment, which is very natural, if there is no ability to take risks, success in investment can never be expected. There is a risk in investing in Bitcoin, but those who acquire the right knowledge, understand the volatility of Bitcoin, buy Bitcoin consistently with a long-term plan or enter the market and do not get disappointed quickly, and hold Bitcoin with confidence can achieve success in the future. Investing knowingly can reduce the amount of risk.

Bitcoin investment is certainly not risk-free, but this risk is greatly reduced when the right strategy is adopted. Risk only hurts the most when we take that risk without any preparation and management, that is, with which we are not fully prepared to fight, in which case we will definitely face failure. But even though there is risk in Bitcoin investment, if we understand that risk and understand the main possibilities of Bitcoin well and can manage the investment accordingly, then we will definitely be effective in achieving Bitcoin success. So even if we blindly take even a small risk in any case, we will face failure there, but if we take high risks through effective strategy, we will also get a great chance of success.