Post
Topic
Board Bitcoin Discussion
Re: Can you consider yourself as a risk taker if you buy bitcoin?
by
samcoin
on 13/04/2023, 17:39:03 UTC
Most of the investors or traders are keep telling that they are taking risk because they bought a bitcoin, they did not accepted that buying bitcoin or trading bitcoin has a non guaranteed outcome.

Actually, we are dealing with different levels of risks in every aspect of our lives. I once read a wisdom that says: risking nothing is more like risking everything. I think it's right because our decisions in life decide our destiny. For example, the decision that decides your education specialization should hold a level of risk in case your education becomes useless due to AI technology. When it comes to financial decisions, they hold different levels of risk also, because there are investments used to be a low risk, buy with lower ROI. On the other hand, Bitcoin used to be a high risk and high ROI investment. Thus, our decisions should be based on the level of risk every investment holds, so the invested amount should correspond with it. Personally, I consider myself a risk taker by investing in Bitcoin, but my investment hasn't reached the level that could destroy my life if it fails, so I believe in Bitcoin, but at the same time, put all possibilities on the table.