Post
Topic
Board Economics
Re: Do you have to make big investment before you can make profit in crypto?
by
South Park
on 03/10/2018, 23:18:26 UTC
You do not have to invest a large amount to make profit, start where you are, Just be sure to research before you invest and ensure you invest in project with real product/service to deliver Undecided
If you're aiming high,  definitely you've tried to invest more for huge returns. Though crypto investment is a huge risk but through these,  people have encourage to take the risk and make profitable. If you have enough money to risk,  you better take the chances right now.
Well, you may be aiming high as a person, but that simply does not mean you should now put all that you have into the space since it is still risky anyway in terms of volatility, and even though we know this is the future of spending and the fact that things will definitely become a whole lot good in terms of adoption in the long run, it still does not mean we have to get over excited and take some silly risk.

Sure, the more you put in, the more the chances of you becoming wealthy in the long run, either you are a trader or a long term investor, but in this case, you still have to be taking some calculated risks and last time I checked, that does not involve going all in.
This is correct, there is a big difference between taking a calculated risk and just taking a risk without knowing the consequences about what it may happen if things go wrong, and very few people in the market of cryptocurrencies take calculated risks, they just invest all their money in whatever coin seems like it is going to give them profits, and as you may guess most of those stories do not end well.