https://www.livebitcoinnews.com/4-in-10-americans-will-never-invest-in-bitcoin-says-latest-crypto-study/I've known some few friends who are into forex and stock investments. When they've learned that I engage myself into crypto trading and investments they discouraged me due to bitcoin's price volatility and unpredictable fluctuations. All I can say to them is that I only invest an amount that I can surely afford to lose and taking huge risks will definitely compensate you good returns as well. I bumped into this article saying that 4 in 10 Americans will never invest in bitcoin, which is somewhat realistic but still history can really tell that bitcoin has changed lots of millennials who took the risk and profited when bitcoin value skyrocketed to almost $20k last year.
So with this article it shows that there is still high percentage of Americans that is willing to take risks to invest in bitcoin just to make some good profit in the near future. What are your thoughts regarding this one? Share me your thoughts.
I agree but not all high risks means higher rewards, it can also mean higher loss which we do not want to happen. To avoid higher losses, I suggest investing in something you can afford losing, the market fluctuates and the prices are not stable so when the time comes that the values are too low, you can lessen the losses that you have invested. Keep in mind that we should take risks with higher precaution in order to avoid losses.