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

[Slimzeee]

I will say the biggest risk is not when you are investing your hard‑earned money; your biggest risk as a person will always be when you choose not to invest at all. When you invest, at least there is a probability of having returns, irrespective of how it goes. But the moment you choose to allow disbelief or fear of the unknown creep into you, you are just narrowing your chances of ever making it out of the rat race.
However, do not allow sentiments make you rush into investing in Bitcoin. Do well to understand it before you take the leap

[Queen uloma]

I Sabi why e funny you, but your friends concern really make sense. Fear of risk na natural human reaction, especially wen it involves money. Bitcoin, like any other investment carries uncertainty, and everybody no dey comfortable with am. The truth be say, risk na part of every investment.  Whether for Bitcoin, small business, or even large scale ventures, e no dey guarantee profit. Market conditions fit change, price fit fluctuate, and unexpected factors fit affect outcomes. So your point dey valid, if person no take some level of risk, e dey difficult to achieve financial growth. However, e dey important to dey approach risk wisely.   When you tell person not to invest becos e dey afraid, no be the best advise to give them. Instead, e better to encourage them to understand what dey are investing in.

[Futurexxx]

I Sabi why e funny you, but your friends concern really make sense. Fear of risk na natural human reaction, especially wen it involves money. Bitcoin, like any other investment carries uncertainty, and everybody no dey comfortable with am. The truth be say, risk na part of every investment.  Whether for Bitcoin, small business, or even large scale ventures, e no dey guarantee profit. Market conditions fit change, price fit fluctuate, and unexpected factors fit affect outcomes. So your point dey valid, if person no take some level of risk, e dey difficult to achieve financial growth. However, e dey important to dey approach risk wisely.   When you tell person not to invest becos e dey afraid, no be the best advise to give them. Instead, e better to encourage them to understand what dey are investing in.

I see taking risk as a normal thing if you truly wan make this money, because even the song writer phyno says that no pain no gain. If e dy very easy like that, you think say we for get poor people for this world again?
No, but because of say e no too easy like that, that is why things be like this, and as a Bitcoin investor, we need to take risk if we wan really achieve something great from our investment.
So the number one rules for investment be say, when investing in Bitcoin or any other assets, e dy very important to invest only wetin you fit afford to lose, so that you no go dy panic or be in high tension anytime volatility dy do him work, or when their is a dip in the market, because that your panicking fit make you sell when you no surpose sell, so investing what we can afford to lose is the only best way to manage our risk while investing, because risk and investment na 5&6.

[Bitcoin Maxi]

Frankly, any investment one wants to get into weather  Bitcoin or real time business involves risk taking. Anyone looking to invest either in Bitcoin or any other business is supposed to study and understand what he is about to embark on. Concerning Bitcoin he should know that it is volatile and then should decide if to go on a long term investment or short term and most importantly should invest an amount he can afford to lose.

[Mr_Brilliant$]

You don't really have to tell him to just forget about Bitcoin investment, watin i feel be say e never really understand Bitcoin to the point of accepting the risk involve.. The only reason why so many person dey fit dey do business, na because it is kind of already generally accepted in our society currently..

So in other for that your friend to accept the risk in Bitcoin, he has to get the general knowledge about bitcoin and how it works.. Nor be rocket science..

[BluebloodCXVI]

Person wey wan become real investor suppose understand say anything wey involve investment Dey always come with risks, even life itself na risk but we still dey navigate am ,same thing applies to bitcoin investment too, you have to learn how to navigate through the risks wey dey come with bitcoin investment because na Wetin go solidify your status as a real investor be that ,but that one no mean say make you dey take stupid risks, you go try apply discretion because e dey important, invest with Wetin you fit afford to lose without feeling say you lose something, and no let overhyping enter your head because e fit push you to take decisions wey fit affect your investment in a bad way.

[Smartvirus]

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.

Life itself is a risky venture. One who doesn’t know how to take risk is one who doesn’t know how to live or enjoy life.

It doesn’t necessarily mean that Bitcoin investment is the one place for you to risk your all but, if an individual is taking risk in other ventures and finding means to meet ends needs, then that too is okay.

Should your friend not find comfort in Bitcoin investment at this time, then all he needs is time since, he’s already looking at it for some investment potential. His indeed allowed to do it when his more confident and comfortable in the space.

[Crypto_Timothy]

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

Well yes OP, you are right, normal business is also very risky and perhaps maybe your friend is not used to taking risk like that, to be fair the first time you take a risk if feels like everything wants to collapse on you and not like that feeling ever stops or anything like that but overtime you just learn to chest it because along you do anything in life there will always be a risk so at some point you just want to learn to chest it, if you get my drift.

[Cleanslate_]

Person wey nor dey ready to take risk  to take invest nor ready to make am for this life, Bitcoin investment is all about risk taken and na only those wey dey serious and ready to grow for this life na them dey take am, nothing wey you wan do to get money wey nor dey risky.

Bitcoin investment Carey risky well so if fear dey your body sey you go fail, e beta make you nor start at all, because you nor go fit bear am at all because e go take long time before you go make am.

[icebar]

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 not possible to profit from investment without risk. When Bitcoin was first introduced, some people initially received the message, but they did not trust Bitcoin because they could not take the risk at that time. They thought that if they invested in Bitcoin, it would cause them losses but later they were able to understand their faults. Some said that it was their mistake to understand it, I think rather than understanding it, they lacked the tendency to take risks. Only those who can take risks can profit from investment. If you cannot take risks, then you will not be able to achieve your expectations from any investment. You have to develop the mentality to take risks otherwise will not reach to the desire goal.

[AGogi2003]

You don't really have to tell him to just forget about Bitcoin investment, watin i feel be say e never really understand Bitcoin to the point of accepting the risk involve.. The only reason why so many person dey fit dey do business, na because it is kind of already generally accepted in our society currently..

So in other for that your friend to accept the risk in Bitcoin, he has to get the general knowledge about bitcoin and how it works.. Nor be rocket science..

In anything you're doing in this life if is about getting income you should put in mind that he will deal with risk because without taking that risk how can you be successful in it. That is why anytime you're doing just put it as risk, you don't have full guarantee of getting returned when you invest or doing any business. Bitcoin investment is good and when you're trying to guide someone in it to it you should tell him everything in need to know about it so that when ever is seeing does challenges he should know that they have explained to him or her already. So we should don't will make is not to feel bad when we're investing. Meaning we should invest what we can be afford to lose so that we won't be regretting later. Invest and leave it for long period and you can get the rewards in bitcoin investment.

[Fiasem20]

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.

Come to think of it,bitcoin isn’t as risky as some businesses/investment,but if you consider the risk isn’t worth taking then don’t give it a try.Many people consider volatility as a darkside in the crypto space,but if bitcoin wasn’t volatile then there wouldn’t be an ATH season,so even volatility plays a significant role in the crypto space.It is also an advantage to those fellows that prefer the strategy of buying the dip,so if there was no volatility those set of investors wouldn’t get involved in the crypto space.Bitcoin isn’t as risky as shitcoins that’s highly volatile and manipulative.