Post
Topic
Board Beginners & Help
Re: All business need to risk, so not only crypto!
by
TobeyHolo
on 18/09/2023, 09:06:15 UTC
Risk is something that occurs on an everyday basis. It is a risk to cross the street, drive your car or even get into an elevator. Risk comes at every stage of your life and field so of course it is no different.

In the crypto world: we often hear more about the successes than the failures, leading to survivorship bias. Cryptocurrencies, being relatively new, are volatile and considered "high risk" due to drastic price fluctuations and limited regulations. It's important to research and understand this market, investing only what one can afford to lose. Given the diverse financial situations and risk tolerances, crypto might suit some but not others. In short, approach crypto with caution and informed judgment.