Post
Topic
Board Beginners & Help
Re: What was your biggest fear with starting in crypto?
by
reagansimms
on 07/06/2023, 04:19:59 UTC
Genuinely want to know what prevents your friends/gf/ colleagues from investing? Did you have any barriers when you first started?
Worrying about losing money is one of the most common reasons that hold someone back when they first start investing. This mindset makes a lot of sense, especially Cryptocurrency investing is like a double edged sword. But behind obstacles or doubts there is always a way to overcome them.
For those who are just starting Cryptocurrency investing, never invest more than you can spend, you must allocate cold money so that it is not too risky if the worst happens.

I always adhere to the principle "no risk, no profit", big or small the risks faced are inseparable from everyday life even if you don't invest in Cryptocurrency. I always try to take risks with the amount of money I have to make a profit by investing, Bitcoin is always my first choice because it has been tested and has strong fundamentals. After getting to know Bitcoin better, I feel safer saving money in Bitcoin because I think it's safer there than keeping it at home which is very at risk of theft.