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Quote from: Joshapat on May 12, 2023, 09:18:35 AM

Cryptocurrencies are a very risky type of investment because price fluctuations are very high, a decrease or increase in prices can reach 2 digit percent so that we have to understand the risks that can occur, many people get stressed because of losses and sell assets to invest in cryptocurrencies.

That is why here we need insight regarding risk management in investment. I personally would of course choose to invest more in assets that have minimal risk. And only invest small amounts in assets that have big risks such as Crypto, especially Bitcoin. So that our mentality or psychology can remain calm when we see that our crypto investment has decreased in value. Because we only put a few assets there. Real Estate is the most dominating my investment assets. and maybe only about 10% are in crypto. And this is the only amount I can afford to risk.

I agree with you, it is natural to have investment risk. And it can never happen that I will refrain from investing because of this risk. If you are making a short term investment in cryptocurrency. Then I would say you have nothing to worry about here. But you must be strategic when it comes to investing. With high volatility in cryptocurrencies, the higher the risk, the higher the reward

If you don't take risks, then you won't be going anywhere because you aren't grabbing opportunities and just want to stay in your comfort zone. Though there are no problems with that, others and even I want to take risks to earn money or make my life better, like you want. Also, it doesn't mean that if it has risk, then we will be losing now. We should learn first or know how to listen to the risk because no one wants to lose their money. That is why we keep learning and finding strategies for our investment so that it will be successful.

Well, that certainly is a well-crafted platitude. "No risk, no reward," isn't that the saying? Yes, that's a line we've all heard before. Every aspiring entrepreneur's garage literally houses this encouraging poster. It's true that "calculated risks" is a fancy word. Let's just be honest, though. How frequently is the "calculated" component eclipsed by the "risk" part? Your "investment" is lost with only one poor choice

Does this lovely idea of "constant learning and strategizing" accommodate for market collapses, pandemics, and unexpected competitors? Let's face it, the phrase "Survival of the Fittest" doesn't always apply in the competitive world of investing; more frequently, it refers to "Survival of the Luckiest." The best laid schemes of mice and men, as they say, may occasionally go horribly wrong. Therefore, by all means, keep taking chances. But keep in mind that even the most carefully thought-out game of snakes and ladders might result in a fall back to the beginning