Post
Topic
Board Economics
Re: it's so risky!
by
coinerer
on 29/04/2023, 12:18:42 UTC
I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?
please quote all question and answer it's very helpful for me and others.
Investing 80% of savings is not a problem and if you can't take investment risk you can never gain and never get rich.  But it should be remembered that never the entire fund can be invested in only 1 asset.  If you do this then you will lose a large amount if there is a loss. Investing in Bitcoin has a lot of potential but no one can guarantee you how much profit you will get from it in a given period of time. You can invest in multiple potential assets like Bitcoin, Gold, Real Estate, Stock Market, Agriculture, Bank FD etc. So hope you can gain something good.  I am not giving you financial advice just sharing my thoughts

Without risk you cant gain any , even those people who got rich that comes from the scratch they also take risk but only a calculated one that they have a high percentage of profit. Also if you are really scared in taking risk then for sure you'll not be going somewhere, that is why others will tell you get out in you comforzone and for sure you'll learn along the way. But again those investments that you are planning you should have knowledge on it to lessen the risk
It is true that nothing can be gained without risk but profit is not obtained even if risk is taken everywhere.  You have to take risk in the right place if you want to gain something, so before investing in any place, you have to research well and then invest. But in this case Bitcoin can be a potential investment.  But there will be high risk and should be considered only if you can keep your money invested in Bitcoin for long term as you will not get any good from Bitcoin without long term holding.