Post
Topic
Board Bitcoin Discussion
Re: Can you consider yourself as a risk taker if you buy bitcoin?
by
Sayeds56
on 08/04/2023, 11:21:30 UTC

There is a huge pychological gap between assuming that you are a risk taker because you bought bitcoin and fully accepting the risks inherent in each bitcoin that you bought. I created this thread because I see a lot of people who are having negative emotions like regret, hatred, sadness, fear, jelousy and many more emotions just because they lose money after they bought bitcoin. The lesson is the best bitcoin investor and trade doesn't resonate the slightest bit of emotional discomfort because they understand the game and they fully accepted and embrace the risk where they know that buying bitcoin are probable not guaranteed.

There is always a certain degree of risk associated with any kind of investment and  Bitcoin in not exception. However keeping in view its limited supply and historical track record of outsmarting all kind other class of assets investment in Bitcoin is comparatively less risky in my opinion but you should remain patient and hold your nerves when it gets extremely volatile and you might see value of your investment losing its value to the extent of 80% or more. Those who hold it for long term are likely to havest huge benefits on their wise investment decision.