Quote from: Rikafip on March 09, 2023, 03:48:24 PM

Quote from: Othellobit on March 09, 2023, 02:59:25 PM

I also have the desire to get the benefits of Bitcoin and other crypto currency. but as a newbie, I still have this fear that I may not be able to withstand the risk involved. Can anyone advice me on this?

Even though everyone here believes that Bitcoin is not going anywhere and that it will be worth much more than it is worth now, it is still a fact that its a high risk investment.

It is normal to be afraid to be afraid of something that you don't know much about so what you can do is educate yourself about all the pros and cons and if you are still afraid and think that you can't handle the volatility and being responsible for safety of your money, better stay away from it.

My point also is that if you keep on thinking that you cant withstand the risk, then you wont really be successful in any investment endeavor since all investments has its own risk. Instead, focus on positivity and that you can do everything as long as you become educated on the investment you are going to enter. Risks will always be there, but you can always lessen the risk and take advantage over the investment if you can understand well the nature of the investment and how it will be profitable in the long run.