Questions like this has popped out in several occasions and arguments concerning Bitcoin investment. My friends will say you must lose before you gain or rather have more experience investing in Bitcoin. If its how it work, Bitcoin isn't for a low income earner as well as not gonna make you rich when you can't invest something tangible to it. On the other hand people are been made big and wealthy in same program. What does it in tell, cos am quite sure people had already known what's going to happen in the market in the nearest future to give them the strong mindset to invest porously. My biggest fear is losing my hard earn to something as volatile, vulnerable and uncertain as btc. What's the possibility you invest without losing. Is it guaranteed in this kinda market?
Your friend saying are not at all bad. It cames true in some peoples life. Although there is no guarantee that it will happen to everyone, but I think almost all new investors face it, face losses in the beginning and after gaining experience through those losses, they understand the basic trading strategy. This happened in my own life too.In the beginning my investment journey started with altcoin investment but the experience of that investment was very bad. I am still bearing that loss. Moreover, when the market was in a bullrun, I invested in Bitcoin and I am currently holding that fund for recovery. However, I have understood one thing inside that if you want to invest in Bitcoin, you have to do it for long-term. I am currently following this strategy and making a monthly investment in Bitcoin using the dca method.