Post
Topic
Board Altcoin Discussion
Re: Don't invest more than you can afford to lose?
by
kensaii
on 29/08/2021, 17:53:37 UTC
This has always be the golden rules of cryptocurrencies investment, we have to account for the risk and volatility involved in these markets which can land you into problems if say you took out a loan in trying to catch a quick bullish move but it doesn't go has planned. We have to be prudent and treat the investment has something we don't mind losing.


I believe that investment is a difficult area, it is better to delegate asset management to professionals. According to statistics, more than 90%
investors lose money on the stock exchange, forex and cryptocurrencies. It is very difficult for a private investor without the help of managers
start earning. This is how the market works.

Asset managers?? Thought these guys aren't really exposed to crypto and wouldn't be really the kind of people I would trust with my investment.
I think it has to do with emotion when you know your investment if it was a loss won't get you some troubles. I can't imagine how a person who took a loan can be calm when the price is on a downtrend or got dump. Sort of 'noise' that affects and makes you ain't cool, easily making a mistake. That's why you have to reduce those negative noise.