Investment Become Gambling

[Proty]

I think most investors know that investments that are high in risk also have a high potential for profit. The same terminology applies not only to Bitcoin but to real investments as well. As a result of Bitcoin investment, you can reduce the risk to a large extent if you want. You can reduce this risk by applying strategies and for this you need to follow the method to be risk tolerant.

First, gain basic knowledge about Bitcoin and if you do not have cash funds, accumulate Bitcoin from a part of your discretionary income. In reality, I do not know if there is such an advantage in any other potential investment. You need to use discretionary income to accumulate Bitcoin which will not have any negative impact on your finances.

Accumulation Bitcoin regularly in the DCA method. In a long term strategy this should be a cycle or two or more cycles because over time Bitcoin holdings will increase and the price of Bitcoin is almost certainly likely to skyrocket in the future.

Risk is controlled by using the right strategy. Therefore, it is partially true that if someone takes high risks, he can make more profit and it will only apply when that risk is taken through analysis, observation and proper planning. Taking more risk has the possibility of profit as well as loss. Therefore, decisions should be made considering both aspects. Investing in the DCA method has less possibility of large financial risk and does not have to be overly stressed about timing. The Bitcoin market is volatile and it is risky, but Bitcoin has potential in the long term. one should not expect a profit here as a certainty.  decisions should be made based on one's own ability, risk tolerance and realistic expectations.

Using a good strategy to invest in bitcoin won't control risk as you may think but rather risk can be managed and minimise by making use of the right strategy, however controlling risk is something that may not be possible.
It is not all about taking high risk because there is some risk that isn't worth taken like investing in shitcoin. Yes bitcoin is volatile in nature however it has proven to be among if not one of the best asset.

[TokenTikas]

Using a good strategy to invest in bitcoin won't control risk as you may think but rather risk can be managed and minimise by making use of the right strategy, however controlling risk is something that may not be possible.

What exactly do you mean by taking risk? For those who follow (DCA) when investing in bitcoin, the idea of risk is hardly seen as a major concern. People who invest with a long-term mindset usually accept market ups and downs, so they do not focus too much on risk. Those who stay invested for a long time can still make good profit. So I want to understand, who exactly are you referring to when you talk about risk, are you saying that even those using (DCA) are still exposed to risk or are you trying to point out something else?

[Joeboy]

When risk isn’t taken recklessly then such risks are worth some losses and profits but when we just take risk without any analysis or strategy at all from the market then even if we face high losses we caused it to ourselves because we go into the market blindly without any analysis or strategy.
 Let not just make some reckless moves in the market just because we see opportunities and open windows let make sure we have strong and reliable strategies to rely on and also let make sure we make proper research and observation before making some moves in the market. 

Oh?  For some reason, I thought that anybody and everybody (as long as they have discretionary funds) could get started investing in bitcoin right away.. as long as such everyones were not investing any more than we can afford to lose, and so our risks would be mitigated by the most that we could lose would be 100% of the amount that we put in.  We can adjust our investment size accordingly.. .and if we are nervous about our investment into bitcoin, then we would put in less until we start to become more comfortable. which might take some time to get comfortable, yet we still could get started investing, since getting started is very important when it comes to something like bitcoin investing, which happens to be one of the most important of assets (if not the most important asset) to come available to everyone and anyone so long as they have discretionary funds.

I agree with you sir... And whatever risk that Big Dirams seem to basing his explanations on, such risks can very well be reduced to the barest minimum when folks make their investments with their discretionary income.... And that coz Discretionary income happens to be the money that is left after the settlement of ones basic needs and responsibilities.. And again, I don't see the point of any kind of analysis prior to getting started and that because DCA is a straightforward strategy which makes it possible for folks to make their buys based on their financial capacity/or ability, surely there isn't any kind of complexity or long list of things to do before folks can start DCAing, all that is needed is Discretionary income...

[Jegileman]

Some people don't know that the best way to overcome the risk in bitcoin is by investing with the money you can afford to lose. As long as that's what you're using to invest weekly, you have conquered almost 50% of bitcoin risk because bitcoin is a long-term asset and only when you invest with the amount of money that you can afford to lose is when you will be able to hodli for long and build your portfolio overtime while, you learn other aspect that will enable you accumulate and grow your bitcoin portfolio even though, mistakes can be made along the line.

That is the mistakes some people usually makes, they invest with the money they can risk, they think is any investment you borrow money you can succeed on. Some will definitely bring you down,  investing in bitcoin with your on money is the best option that will give you peace if mind even the price is not increasing the way you wish it, since is your personal funds and you invest just to be profitable in bitcoin, you will just need to be patient and wait for your time to come and you will achieve what you need, because bitcoin is different from other coins and without patient you can't achieve anything with bitcoin.

Investment can not become gambling except the way you start the journey first. When you no what you're doing and get knowledge about what you're investing your money too, and you get the Believe you will be profitable with the investment then that won't call gambling that can be risk management because you no what you're doing.

[ZeroVinsonN]

Using a good strategy to invest in bitcoin won't control risk as you may think but rather risk can be managed and minimise by making use of the right strategy, however controlling risk is something that may not be possible.

What exactly do you mean by taking risk? For those who follow (DCA) when investing in bitcoin, the idea of risk is hardly seen as a major concern. People who invest with a long-term mindset usually accept market ups and downs, so they do not focus too much on risk. Those who stay invested for a long time can still make good profit. So I want to understand, who exactly are you referring to when you talk about risk, are you saying that even those using (DCA) are still exposed to risk or are you trying to point out something else?

Bitcoin investment itself is a risk as is any other investment a person can think of, if you are telling yourself that bitcoin investment is risk free simply because you are accumulating bitcoin using the DCA then you are mistaken, DCAing might make it easier to accumulate bitcoin but it is not risk free, when you make it seem risk free you are ultimately running the risk of misleading others especially newbies into thinking that as long as they use the DCA and hold for long then they are bound to make profit, that is not true, profit isn't guaranteed.

[Olatundespo]

Using a good strategy to invest in bitcoin won't control risk as you may think but rather risk can be managed and minimise by making use of the right strategy, however controlling risk is something that may not be possible.

What exactly do you mean by taking risk? For those who follow (DCA) when investing in bitcoin, the idea of risk is hardly seen as a major concern. People who invest with a long-term mindset usually accept market ups and downs, so they do not focus too much on risk. Those who stay invested for a long time can still make good profit. So I want to understand, who exactly are you referring to when you talk about risk, are you saying that even those using (DCA) are still exposed to risk or are you trying to point out something else?

Bitcoin investment itself is a risk as is any other investment a person can think of, if you are telling yourself that bitcoin investment is risk free simply because you are accumulating bitcoin using the DCA then you are mistaken, DCAing might make it easier to accumulate bitcoin but it is not risk free, when you make it seem risk free you are ultimately running the risk of misleading others especially newbies into thinking that as long as they use the DCA and hold for long then they are bound to make profit, that is not true, profit isn't guaranteed.

Profit is not guaranteed, loss is also not guaranteed, but the possibility of profit is much higher. In my practice about Bitcoin investment, I understand that if you can deposit Bitcoin in the DCA method and run it regularly, there will be a very high possibility of high profit. Considering the risk of Bitcoin investment, investors are recommended to follow a simple method through discretionary income. Among those investors, there may be newbies or experienced investors of any level and regardless of any income, everyone can get a huge holding by saving Bitcoin.

Considering the risk of investment, buy Bitcoin through discretionary income and plan for the long term. Instead of buying Bitcoin with the required amount of funds, buy with the amount that is available in excess of your needs.

[Mocha Gilmore]

I agree with you sir... And whatever risk that Big Dirams seem to basing his explanations on, such risks can very well be reduced to the barest minimum when folks make their investments with their discretionary income.... And that coz Discretionary income happens to be the money that is left after the settlement of ones basic needs and responsibilities.. And again, I don't see the point of any kind of analysis prior to getting started and that because DCA is a straightforward strategy which makes it possible for folks to make their buys based on their financial capacity/or ability, surely there isn't any kind of complexity or long list of things to do before folks can start DCAing, all that is needed is Discretionary income...

Every investment carries risks and nothing is 100% in guarantee including Bitcoin. Bitcoin investment the only way to mitigate  risks is by investing only your discretionary income which is the money you can afford to lose.
However to get started one doesn't  need to have a significant amount of money before getting started but only discretionary income and basic knowledge,as long as they have this two things,everyone can get started.

[GIF-JOBS]

I agree with you sir... And whatever risk that Big Dirams seem to basing his explanations on, such risks can very well be reduced to the barest minimum when folks make their investments with their discretionary income.... And that coz Discretionary income happens to be the money that is left after the settlement of ones basic needs and responsibilities.. And again, I don't see the point of any kind of analysis prior to getting started and that because DCA is a straightforward strategy which makes it possible for folks to make their buys based on their financial capacity/or ability, surely there isn't any kind of complexity or long list of things to do before folks can start DCAing, all that is needed is Discretionary income...

Every investment carries risks and nothing is 100% in guarantee including Bitcoin. Bitcoin investment the only way to mitigate  risks is by investing only your discretionary income which is the money you can afford to lose.
However to get started one doesn't  need to have a significant amount of money before getting started but only discretionary income and basic knowledge,as long as they have this two things,everyone can get started.

Whether it is Bitcoin or any other investment, there will be risks, but the main thing is that we should never take risks blindly, we have to take risks within our capabilities in all cases. We should consider financial capacity, mental capacity, all kinds of things and then invest, then the risks here are much less and the positive possibilities will be much better. That is why it is more important to start with basic knowledge and a small scale, not blindly at the beginning, if we start like this, we will be able to gain more skills in reality and at the same time we will be able to be more confident and stable here over time.

[ZeroVinsonN]

Using a good strategy to invest in bitcoin won't control risk as you may think but rather risk can be managed and minimise by making use of the right strategy, however controlling risk is something that may not be possible.

What exactly do you mean by taking risk? For those who follow (DCA) when investing in bitcoin, the idea of risk is hardly seen as a major concern. People who invest with a long-term mindset usually accept market ups and downs, so they do not focus too much on risk. Those who stay invested for a long time can still make good profit. So I want to understand, who exactly are you referring to when you talk about risk, are you saying that even those using (DCA) are still exposed to risk or are you trying to point out something else?

Bitcoin investment itself is a risk as is any other investment a person can think of, if you are telling yourself that bitcoin investment is risk free simply because you are accumulating bitcoin using the DCA then you are mistaken, DCAing might make it easier to accumulate bitcoin but it is not risk free, when you make it seem risk free you are ultimately running the risk of misleading others especially newbies into thinking that as long as they use the DCA and hold for long then they are bound to make profit, that is not true, profit isn't guaranteed.

Profit is not guaranteed, loss is also not guaranteed, but the possibility of profit is much higher. In my practice about Bitcoin investment, I understand that if you can deposit Bitcoin in the DCA method and run it regularly, there will be a very high possibility of high profit. Considering the risk of Bitcoin investment, investors are recommended to follow a simple method through discretionary income. Among those investors, there may be newbies or experienced investors of any level and regardless of any income, everyone can get a huge holding by saving Bitcoin.

Considering the risk of investment, buy Bitcoin through discretionary income and plan for the long term. Instead of buying Bitcoin with the required amount of funds, buy with the amount that is available in excess of your needs.

Definitely, even though success isn't guaranteed bitcoin has been able to prove after all these years that it's an asset that can be trusted, and when people want to doubt bitcoin they should remember that the same rule of uncertainty that affects bitcoin affects everything else as well, nothing is guaranteed, everyother investment opportunities out there are essentially experiencing the same thing; success isn't guaranteed but bitcoin has been good for over a decade and half now and every available data still point to bitcoin performing well enough even now so dwelling on the risk of it not being successful and decided to not invest is not s sign of being smart investment wise but of actually being too short sighted, and that's why we should continue accumulating using our discretionary income, success isn't guaranteed so we use money we can afford to lose and it's long term so in order to ensure we don't end up selling too early and possibly at a loss we invest only with our discretionary income.

[TokenTikas]

Considering the risk of investment, buy Bitcoin through discretionary income and plan for the long term. Instead of buying Bitcoin with the required amount of funds, buy with the amount that is available in excess of your needs.

Yes, if you want to maintain DCA, this is the right way to invest. Those who can follow this approach properly are likely to gain something good from bitcoin. Looking at bitcoin’s history, we can see that long-term investment has shown strong results over time. People who stay patient and continue investing consistently are the ones who are able to make profit.

[SPIDERMAN008]

Considering the risk of investment, buy Bitcoin through discretionary income and plan for the long term. Instead of buying Bitcoin with the required amount of funds, buy with the amount that is available in excess of your needs.

Yes, if you want to maintain DCA, this is the right way to invest. Those who can follow this approach properly are likely to gain something good from bitcoin. Looking at bitcoin’s history, we can see that long-term investment has shown strong results over time. People who stay patient and continue investing consistently are the ones who are able to make profit.

You have said something important. Patience and consistency are the most important things to be successful in long-term investing. Patience and consistency complement each other. And to achieve these , it is important to have a strong discretionary income.

In many cases, even if there is consistency, there is no patience. This can cause more losses. Because while investing, you are investing regularly, if you suddenly lose patience and sell BTC after seeing the volatility of its price, then consistency will not be of any use.

[(Hummus)]

You might have a clear strategy or plan at the beginning of your investment but when you let your emotions start taking over you cannot call that an investment anymore because you are being carried away by the market and not moved by your initial plans. As you already lnow, both of you had good plans and adequate knowledge but your friend fell off due to lack of emotional control or behaviour. One aspect people need to develop before starting their journey as investors is mental discipline, Having knowledge, strategy and knowing how to apply risk management is good but in the long run you need mental discipline if you really want to achieve significant results.

[liasbaa]

I agree with you sir... And whatever risk that Big Dirams seem to basing his explanations on, such risks can very well be reduced to the barest minimum when folks make their investments with their discretionary income.... And that coz Discretionary income happens to be the money that is left after the settlement of ones basic needs and responsibilities.. And again, I don't see the point of any kind of analysis prior to getting started and that because DCA is a straightforward strategy which makes it possible for folks to make their buys based on their financial capacity/or ability, surely there isn't any kind of complexity or long list of things to do before folks can start DCAing, all that is needed is Discretionary income...

Every investment carries risks and nothing is 100% in guarantee including Bitcoin. Bitcoin investment the only way to mitigate  risks is by investing only your discretionary income which is the money you can afford to lose.
However to get started one doesn't  need to have a significant amount of money before getting started but only discretionary income and basic knowledge,as long as they have this two things,everyone can get started.

Whether it is Bitcoin or any other investment, there will be risks, but the main thing is that we should never take risks blindly, we have to take risks within our capabilities in all cases. We should consider financial capacity, mental capacity, all kinds of things and then invest, then the risks here are much less and the positive possibilities will be much better. That is why it is more important to start with basic knowledge and a small scale, not blindly at the beginning, if we start like this, we will be able to gain more skills in reality and at the same time we will be able to be more confident and stable here over time.

You are right. There are risks at every stage, especially when it comes to money. You should only take risks when you are financially able to handle them. This means that you should not use all of your funds when investing in Bitcoin, but rather buy Bitcoin with a part. Create an emergency fund to ensure long term security by holding Bitcoin without any withdrawal risk.

You should not take risks blindly, but most investors do not lose money due to lack of knowledge, they lose money due to lack of discipline when investing. Another reason for losses in investments is the fear of losing capital. Some new investors sell during price drops to reduce their losses, but they should have known that the price of Bitcoin would recover soon.

[Tongley]

Definitely, even though success isn't guaranteed bitcoin has been able to prove after all these years that it's an asset that can be trusted, and when people want to doubt bitcoin they should remember that the same rule of uncertainty that affects bitcoin affects everything else as well, nothing is guaranteed, everyother investment opportunities out there are essentially experiencing the same thing; success isn't guaranteed but bitcoin has been good for over a decade and half now and every available data still point to bitcoin performing well enough even now so dwelling on the risk of it not being successful and decided to not invest is not s sign of being smart investment wise but of actually being too short sighted, and that's why we should continue accumulating using our discretionary income, success isn't guaranteed so we use money we can afford to lose and it's long term so in order to ensure we don't end up selling too early and possibly at a loss we invest only with our discretionary income.

I almost completely agree with you, but I can't agree with one thing. Bitcoin has been a reliable asset since the beginning. Whether Bitcoin is reliable or not depends on the extent of each person's knowledge. If we talk about a person who does not know about Bitcoin and how strong the Bitcoin network is, Bitcoin will never be reliable for them. For a person who is aware of Bitcoin from the beginning, the Bitcoin network and what Bitcoin is, Bitcoin is reliable from then on.

I saw a video and if I'm not mistaken, the video may have been from when Bitcoin was first launched in the market or a few years later. A person was telling everyone to buy Bitcoin and hold it for the long term. He believed in Bitcoin before us at that time and today he has become very successful. Bitcoin has been a reliable currency since the beginning, it seems to me that each person depends on its knowledge.

[The Founding Titan]

Considering the risk of investment, buy Bitcoin through discretionary income and plan for the long term. Instead of buying Bitcoin with the required amount of funds, buy with the amount that is available in excess of your needs.

Yes, if you want to maintain DCA, this is the right way to invest. Those who can follow this approach properly are likely to gain something good from bitcoin. Looking at bitcoin’s history, we can see that long-term investment has shown strong results over time. People who stay patient and continue investing consistently are the ones who are able to make profit.

You have said something important. Patience and consistency are the most important things to be successful in long-term investing. Patience and consistency complement each other. And to achieve these , it is important to have a strong discretionary income.

In many cases, even if there is consistency, there is no patience. This can cause more losses. Because while investing, you are investing regularly, if you suddenly lose patience and sell BTC after seeing the volatility of its price, then consistency will not be of any use.

I'm not sure what you mean by having a strong discretionary income, discretionary income is discretionary income, some people have more of it than others but that's the whole point of investing within your means, there is nothing wrong with wanting to increase your discretionary income so that you can afford to buy more bitcoin but it's not a necessity that your discretionary income has to be high for you to be able to accumulate bitcoin.
Stick to what you can afford, if you can increase your discretionary income either by increasing your income or business cutting down your expenses then that's fine to do but if you can't then invest within the limits of you discretionary income, you don't have to buy as much as the next person at a time as long as you buy in your own pace you are already doing good efficient work.

[ASloveapg]

Considering the risk of investment, buy Bitcoin through discretionary income and plan for the long term. Instead of buying Bitcoin with the required amount of funds, buy with the amount that is available in excess of your needs.

Yes, if you want to maintain DCA, this is the right way to invest. Those who can follow this approach properly are likely to gain something good from bitcoin. Looking at bitcoin’s history, we can see that long-term investment has shown strong results over time. People who stay patient and continue investing consistently are the ones who are able to make profit.

You have said something important. Patience and consistency are the most important things to be successful in long-term investing. Patience and consistency complement each other. And to achieve these , it is important to have a strong discretionary income.

In many cases, even if there is consistency, there is no patience. This can cause more losses. Because while investing, you are investing regularly, if you suddenly lose patience and sell BTC after seeing the volatility of its price, then consistency will not be of any use.

I agree with you, those who can panic at the sight of such a small volatility and lose patience will not be able to sustain long-term investments. In the case of those who invest regularly but lose patience in the middle, the whole plan falls apart there. If the natural fluctuations of the market cannot be tolerated, then long-term survival is not possible, because panicking over volatility creates a tendency to make wrong decisions and as a result, it is not possible to maintain investments consistently with a stable mindset. You also have to be prepared for long-term retention, it is important to set a long-term goal and develop the mindset of holding it until you reach that goal. Market fluctuations are a natural reaction, and we have to accept this reaction naturally and maintain our investments, and it is your responsibility to prepare yourself mentally for it.

[Proty]

Using a good strategy to invest in bitcoin won't control risk as you may think but rather risk can be managed and minimise by making use of the right strategy, however controlling risk is something that may not be possible.

What exactly do you mean by taking risk? For those who follow (DCA) when investing in bitcoin, the idea of risk is hardly seen as a major concern. People who invest with a long-term mindset usually accept market ups and downs, so they do not focus too much on risk. Those who stay invested for a long time can still make good profit. So I want to understand, who exactly are you referring to when you talk about risk, are you saying that even those using (DCA) are still exposed to risk or are you trying to point out something else?

  There is no strategy that you will used in accumulating bitcoin that will make it to become risk free. The DCA strategy you made mention doesn't eliminate risk. If you using the DCA strategy with the mindset that your bitcoin investment will be risk free then you are living to yourself. The only thing a good strategy will do is to help to manage and minimise risk but it won't completely eliminate risk. The fact that you are using dca strategy to accumulate bitcoin doesn't mean your guaranteed of success there will always be risk in bitcoin investment no matter the strategy used.

[ruykeri]

You might have a clear strategy or plan at the beginning of your investment but when you let your emotions start taking over you cannot call that an investment anymore because you are being carried away by the market and not moved by your initial plans. As you already lnow, both of you had good plans and adequate knowledge but your friend fell off due to lack of emotional control or behaviour. One aspect people need to develop before starting their journey as investors is mental discipline, Having knowledge, strategy and knowing how to apply risk management is good but in the long run you need mental discipline if you really want to achieve significant results.

If the economic situation is good, it is easy to control emotions. Then a person can keep himself calm in any situation. He has the ability to think logically with reality and make the right decisions.But if he is not in a good financial position, then if the price starts falling after investing, he will not be able to wait. Then he may want to wait, but his mind will force him to sell again and again. When such a situation come , people break down and sell bitcoin. Many times, unexpected expenses come in daily life  at that emergency moment he will force sell. Therefore, the right plan before investing is to start with discretionary income and along with this, focus on creating a back up fund.

[Primark]

Using a good strategy to invest in bitcoin won't control risk as you may think but rather risk can be managed and minimise by making use of the right strategy, however controlling risk is something that may not be possible.

What exactly do you mean by taking risk? For those who follow (DCA) when investing in bitcoin, the idea of risk is hardly seen as a major concern. People who invest with a long-term mindset usually accept market ups and downs, so they do not focus too much on risk. Those who stay invested for a long time can still make good profit. So I want to understand, who exactly are you referring to when you talk about risk, are you saying that even those using (DCA) are still exposed to risk or are you trying to point out something else?

  There is no strategy that you will used in accumulating bitcoin that will make it to become risk free. The DCA strategy you made mention doesn't eliminate risk. If you using the DCA strategy with the mindset that your bitcoin investment will be risk free then you are living to yourself. The only thing a good strategy will do is to help to manage and minimise risk but it won't completely eliminate risk. The fact that you are using dca strategy to accumulate bitcoin doesn't mean your guaranteed of success there will always be risk in bitcoin investment no matter the strategy used.

You are right. That is why we need to understand risk management. We cannot invest money that we need in the short term. Whatever the strategy, it is necessary to consider the financial situation in investing. For example, if someone considers DCA to be risk-free and invests with the required amount, then they will be forced to break the investment at the time of need even if it is below the purchase price. On the other hand, if someone follows the DCA strategy and at the same time buys during the price drop with their discretionary income to find opportunities, their risk will still be much lower. No strategy completely reduces risk. Risk is a common thing in investing. The main thing is to manage our financial cash flow properly to combat this risk.

[Supreme Donvic]

Using a good strategy to invest in bitcoin won't control risk as you may think but rather risk can be managed and minimise by making use of the right strategy, however controlling risk is something that may not be possible.

What exactly do you mean by taking risk? For those who follow (DCA) when investing in bitcoin, the idea of risk is hardly seen as a major concern. People who invest with a long-term mindset usually accept market ups and downs, so they do not focus too much on risk. Those who stay invested for a long time can still make good profit. So I want to understand, who exactly are you referring to when you talk about risk, are you saying that even those using (DCA) are still exposed to risk or are you trying to point out something else?

  There is no strategy that you will used in accumulating bitcoin that will make it to become risk free. The DCA strategy you made mention doesn't eliminate risk. If you using the DCA strategy with the mindset that your bitcoin investment will be risk free then you are living to yourself. The only thing a good strategy will do is to help to manage and minimise risk but it won't completely eliminate risk. The fact that you are using dca strategy to accumulate bitcoin doesn't mean your guaranteed of success there will always be risk in bitcoin investment no matter the strategy used.

You are right, DCA strategy will not remove the risk in Bitcoin investment, some people don't understand that the DCA is just a strategy just like other Bitcoin accumulation strategy.
The DCA strategy will only help you feel very comfortable when growing your Bitcoin and it will also help you accumulate regularly and their by making you very fast in your accumulation, but the risk is still there, there's no Bitcoin accumulation strategy that removes the risk that is associated with Bitcoin investment.