Quote from: xSkylarx on June 16, 2023, 10:41:48 AM

Quote from: Sayeds56 on June 16, 2023, 02:53:21 AM

Quote from: BIT-BENDER on May 12, 2023, 07:51:50 PM

I am not anyone's financial adviser so right now I am speaking for myself, yes investment is risky and this character is not only seen in Bitcoin and crypto-currency even off crypto investment are risky.

But with the time I have been able to be active in Bitcoin I can say the risk in Bitcoin is lesser than many other investment opportunities in the long run.

The world is going tech and Bitcoin is the leading digital asset in the world right now and the want for Bitcoin would always increase, I would say invest according to your capital when in investing in Bitcoin rather than saying what you can afford to lose. If you are a long term investor and you only invest in Bitcoin I still don't see how you can lose.

While it is true that most of us are not financial advisers, but what we have learned about investment through our experience with crypto space, suggests that all type of investments carry some level of risk while Bitcoin is comparatively more risky as is extremely volatile. Surprisingly though, it remains subject of extensive discussions across various platforms of social media, that reflects notable interest among investors. Consequently, it is considered best asset for long term investment having potential to reward its investors with significant returns.

and also invest what we can afford to lose, because before, for sure, we were only thinking about the profit and not the possible losses. What is best about bitcoin is that in the past few years we have already seen that the price of bitcoin keeps increasing, which is a pattern that if we predict it will still continue rising over the years, but it doesn't mean that it doesn't dump, as there are years that it is in the red, but still, the overall value from its start is very far from now.

I personally do not currently use reserve money to invest. Previously, I did the same thing, but the longer I actually realized that the strategy I was doing was a little less precise.
Currently I prefer to budget than my needs for investment. I provide special space for investing by giving them into one basic need for me to take out of my income for one month.
I assume that the spare money will eventually be placed for unforeseen needs so rather than bothering it I prefer to budget from the start.
But whatever it is, as long as it is used for investment and ready to take all the risks, I really appreciate those who are on this path.