Quote from: komisariatku on June 27, 2023, 09:28:21 PM

Quote from: Godlovesyou on May 12, 2023, 04:13:12 PM

There is no normal being that loves getting losses on business, career, investment and trades that's why even company holders make financial policies to keep record of investment and profits flows. And unlike other business bitcoin also makes sales and losses if you do not investment wisely....is nice when you put in what can not put you sickbed or gives you hypertension, don't invest out of what you cannot withstand the loss.

Is better to use small money or learn risk management first before investing especially newbies.

I think it's the law that applies everywhere. We must have knowledge about what we are going to invest. If not, it's stupid, even though all investments can generate profits, whether you have knowledge or not. But in investing there is a big risk, this is what makes all investors must have knowledge, so that if something bad happens they don't panic and know what to do with their investment.

Investments are also divided into 2 groups, namely high-risk investments and low-risk investments. One of the low-risk investments is gold investment, home investment, land investment, blue chip stock investment, etc. One of the high-risk investments is crypto, such as bitcoin. Usually investments that have a high risk have a high return as well.

Everyone wants the money they have to work for themselves, that's what makes people like investing. Besides that, investment will also make you financially independent, if your investment is successful. But apart from investing money, we also need to invest in knowledge so that we know there are many ways to earn money, such as taking courses or attending training, or maybe studying at the master's or doctoral level.

I respect your perspective on the pivotal role of knowledge in investment. Yet, mastering risk, managing emotions, and exercising discipline are just as key. Investments, true, can be high or low risk. However, an investment's riskiness is subjective, swayed by an investor's financial standing, risk appetite, and investment aims. What appears risky to one might seem low-risk to another.

Undeniably, education is fundamental for investing. But, I would stress that real-life experience and financial literacy are equally essential. These can guide one through the labyrinth of investing, reduce risks, and foster informed choices.