Have your failures and then dont never lose money best advice to make money

[Oneone1]

Yes if you younger....few good years risk and have failures but after then dont lose.
The focus is on long-term value creation rather than short-term gains, often holding assets to improve them.
Less risky moves, safe ones are btc because if you never go all in there is always enough volatility lows and highs.
Right now safest way is crypto investments its in your wallet your keys ur control main coins like btc eth bnb always good.


Ur mindset should be that you dont lose not even 1$ keep that mindset and you will be successful.

[passwordnow]

Yes if you younger....few good years risk and have failures but after then dont lose.

I'll agree with you about this with the younger people. They have all the means and time to fail and keep on taking those risk. But as you get older, your chances of taking risk is about to drop and that means put all of the effort in there while you're young because you can always start all over again.

The focus is on long-term value creation rather than short-term gains, often holding assets to improve them.

It's okay to take short term gains because you can use that either for investments or having a business.

Less risky moves, safe ones are btc because if you never go all in there is always enough volatility lows and highs.
Right now safest way is crypto investments its in your wallet your keys ur control main coins like btc eth bnb always good.

I approve of these choices. BTC as the main character of anyone's choice in their portfolios.

Ur mindset should be that you dont lose not even 1$ keep that mindset and you will be successful.

As a risk taker, that's unlikely. You're taking a risk and so get prepared for you to bear with losses.

[Agbamoni]

The best time to take risks is at a young age. There is always time to recover, even if we fail. But when we have responsibilities, we get scared to take risk if not it will affect those depending on us for survival. As such, we will be scared to take a risk. At a young age, the result of taking a risk is either success or failure. If you fail, there are chances to correct those mistakes in the next trial, and if you are succesful you will grow bigger in what you do. However, I will also advise that risk should be well calculated to avoid taken risk that will destroy us completely.

[Fortify]

No, this is not what clever people do and you will not succeed with this mentality. Sure, you have a lot more freedom in your early years to make mistakes and should get an education from that, but you don't suddenly turn 30 and become invulnerable. The most successful people know that you never stop learning and as part of that process, when it comes to investing, you will make bad decisions occasionally. You even see people like Warren Buffet so this - he bought into major airlines at the start of COVID and then sold out for a loss a while later. Your main aim should be to minimize your losses, re-evaluate constantly and get back out it you realize you made a mistake to conserve any remaining capital.

[abhiseshakana]

I have different opinion on this. Even younger has longer time horizon and bigger recovery ability but kindly be noted being young doesn't mean we can be wild and free to speculate. Ignoring financial foundation is suicide, because when financial failure happen to deep,don't you think it will be hard  to get up and  stand up straight. Debt, lost capital, social prejudice, financial trauma mostly have bad effect to our personality. Do not try learning by doing on financial management, it id very dangerous for life stability, family, mental healthy and of course our future. Financial planning made and designed for minimalized fatal failure and avoid financial collapse, so it is not designed for trial and error especially can not absorb big financial failure.

My suggestion for young generation are find a good mentor, if can't, you can try to follow the right stages, step by step. Foundation always the most important part when build everything, just ensure you have strong financial foundation before take high risk decision. Casflow stability is a must, emergency fund for 6 month, risk protection and debt management but i prefer zero debt, after this stucture strong, after that the exploration of risky assets become healthy and controlled. Being poor is pity but what is more worrying and frightening is being a bad person, because when we drop downtoo deep, shortcuts and bad decisions often seem realistic. There is no business without risk, but as long as its measurable we can take the risk.

[Spaceman1000$]

The best time to take risks is at a young age. There is always time to recover, even if we fail. But when we have responsibilities, we get scared to take risk if not it will affect those depending on us for survival. As such, we will be scared to take a risk. At a young age, the result of taking a risk is either success or failure. If you fail, there are chances to correct those mistakes in the next trial, and if you are succesful you will grow bigger in what you do. However, I will also advise that risk should be well calculated to avoid taken risk that will destroy us completely.

Taking a risk at a young age it's not always the best, at best you can take a calculated risk, because most people that do take risk at a young age don't live to tell the story, some risk can self destruct because some young people take some risk with a naive mindset. If you take based on those depending on your survival, trust me if it fails, those people will still survive without you, so if you should take a risk because of those you have, then let it be calculated, if your cautious while taking a risk, your recovery will be fast if there was a failure in your try.

[Roseline492]

The best time to take risks is at a young age. There is always time to recover, even if we fail. But when we have responsibilities, we get scared to take risk if not it will affect those depending on us for survival. As such, we will be scared to take a risk. At a young age, the result of taking a risk is either success or failure. If you fail, there are chances to correct those mistakes in the next trial, and if you are succesful you will grow bigger in what you do. However, I will also advise that risk should be well calculated to avoid taken risk that will destroy us completely.

Taking a risk at a young age it's not always the best, at best you can take a calculated risk, because most people that do take risk at a young age don't live to tell the story, some risk can self destruct because some young people take some risk with a naive mindset. If you take based on those depending on your survival, trust me if it fails, those people will still survive without you, so if you should take a risk because of those you have, then let it be calculated, if your cautious while taking a risk, your recovery will be fast if there was a failure in your try.

What @Agbamoni is saying is the best time for risk taking because when you are young you are full of time and you can't give up especially the heart to accept that you have lost but with someone who is already old they also wouldn't be able to handle or organised themselves if the risk they took failed and another challenging factors in those who are old is the strength to work out for the money they could use and start back again so actually in risk, time of profits earning and other businesses people could do it shouldn't be compared with someone who is younger to the older person in terms of the right age because the younger age is better so that if you became successful you will live long to explore your wealth.

[Porfirii]

OP, I recommend you read the AI guidelines because your post would serve as a good example of what can these tools be used for, since it is clear that your text is written by yourself, but it could be greatly improved and be more intelligible.

As per the content, it is not very original, but you're very new so that's ok by now. But remember that there is nothing like 100% safe investments, and that also applies to Bitcoin, no matter how much we are confident in its promising future here.

[Findingnemo]

You can't say I won't lose and for the matter everybody says that I won't lose but it is something that is inevitable but what they can do is to have backup plans if things are not working in the way they wanted it to be and if they lose then they will have the confidence to get it back.

[Erumo]

Best advice - get a job and stop wasting time online. What do you want us to do? Guide you until you get rich ?

[YOSHIE]

Ur mindset should be that you dont lose not even 1$ keep that mindset and you will be successful.

Indeed, economics does not come easily, someone will be successful among the many people in this world who cannot be separated from the process of failure that they initially experienced, so that at a certain age they appear to be successful from an economic perspective.

In general, we understand that failure and risk are part of what we do, as well as in the world of the crypto market, For this reason, having the mind of investing in Bitcoin with our own control is a process to overcome risks and to be the best for ourselves in the future financially.

[Coyster]

Right now safest way is crypto investments its in your wallet your keys ur control main coins like btc eth bnb always good.

This is wrong. I am a bitcoiner, i buy and hodl bitcoin, but there is no way crypto or bitcoin falls under low risk investments, it is definitely high risk, that's why people are advised to go in small, particularly at the beginning of their journey. Examples of low risk investments are bonds, treasury bills, certificates of deposits, etc.

That said, with bitcoin you are your own bank and you remain in control, but as for risk, it is high risk because of its volatility.

[sleepfirefly]

Ur mindset should be that you dont lose not even 1$ keep that mindset and you will be successful.

some would say otherwise. if they have to risk their $1 to make it $2 i am sure some will do it,

but i also think that no matter what risks you take just make sure that you have some money left still

[Zlantann]

Yes if you younger....few good years risk and have failures but after then dont lose.

Young people are quite fortunate because they can afford to make mistakes and correct it later. This is because they still have more time to experiment. However, you can never avoid losing if you always take risks.

The focus is on long-term value creation rather than short-term gains, often holding assets to improve them.
Less risky moves, safe ones are btc because if you never go all in there is always enough volatility lows and highs.
Right now safest way is crypto investments its in your wallet your keys ur control main coins like btc eth bnb always good.

Anyone who wants to invest in cryptocurrency should focus more on Bitcoin. It has proved over the years to be a reliable and profitable asset. Those who see the crypto industry as a means to make quick money might be disapointed.

Ur mindset should be that you dont lose not even 1$ keep that mindset and you will be successful.

The mindset that you will never lose in investment is not appropriate. Sometimes you lose in business; however, you might never lose by keeping Bitcoin.

[MorganaX]

The best time to take risks is at a young age. There is always time to recover, even if we fail. But when we have responsibilities, we get scared to take risk if not it will affect those depending on us for survival. As such, we will be scared to take a risk. At a young age, the result of taking a risk is either success or failure. If you fail, there are chances to correct those mistakes in the next trial, and if you are succesful you will grow bigger in what you do. However, I will also advise that risk should be well calculated to avoid taken risk that will destroy us completely.

Risk taking for me is solely based on the particular person because there are lots of even older personalities that do most of the risk taking but the consequences like you said is way deadly because if you don't gat the funds to recover then you will be in deep shit when the losses start coming but a lot of persons actually have the mindset and mentality of positivity when it comes to risk and also other percentage always check the risk factor and I know I fall under such category because the loses for some sort of risk is way too much to even think about it.

[rachael9385]

At a young age you sre still in the phase of making mistakes and readjusting so your can have stability in the future. This phase should be from your early to late 20's because at 30 you shouldn't be experimenting or trying to figure out anything, that's when your life should  start. Learn, take risks but not uncalculated risks, your are definitely going to fail and make a lot of mistakes, all that it to prepare you for what lies ahead.

[Charles-Tim]

The best time to take risks is at a young age. There is always time to recover, even if we fail. But when we have responsibilities, we get scared to take risk if not it will affect those depending on us for survival.

This is the reason married men are responsible, they go for better businesses, they gamble less or not gambling and they trade less or not trading just because they want to be a responsible father and husband.

I think what OP mean is that people should make sure that they do not lose money but that if they lose, they should see it as an experience gained to correct it not to happen to them anymore in the future which I think is a good advice.

[Mhizlove]

At young age is when you intend to learn and test yourself but I will say that as time goes you will have to discipline and protect the money that is being used at the start point because that's the most important thing that matters more than your wins. The only focus on long term is how you control, think and select options that will give you flexibility to manage your risk.

Having the mindset that will help you in protecting your money is very important because when you put all your focus on how to control, preserve and self discipline, because to be successful don't just come when you rush rather it comes with a good decision and consistency

[AVE5]

Right now safest way is crypto investments its in your wallet your keys ur control main coins like btc eth bnb always good.

To stand on the safer side, treat bitcoin investment as no non risk free investment so that you don't pour all your eggs in one basket and you don't expect to get rich quickly over sorting immediate and emergency need's.
Short term volatility can be frustrating for those that treats it risk free and the risk of loosing your funds over improper securing of your seed phrase shouldn't be tolerated.
Then when you've overcome these and resistance to the market Fomo and consistence to your accumulation process if there's a Dca strategy to your investment system, you're good to ride on the moon in the uncertainty but certainly somewhere in a long term.
Don't forget to diversify because one source of income isn't reliable for bitcoin investment.

[Josefjix]

It's impossible to keep maintain mindset especially if you only get one source of funds that buys the Bitcoin, there may be unbalanced season where things won't be straight, whoever stays loyal that time is said to enjoy the rewards, whoever weakens sells it off at loss for survival.

That's how deep this investment stuff is, it's hard to always make money except there is another money to use make more money if the market goes sideways and bearish.

It won't be blossom all the time, dark time exists to test investors, know this and fix yourself into category of investors who stays hungry holding Bitcoin as the only source of funds, or who has many sources of funds but decides to hold Bitcoin or who can't survive the storm of bearish season and sell off. Decide and know if you will make more money or loss money.