But one thing we have to know about investment is this, "the higher the risk, the higher the profitability. So without risk there is no investment.
That is what shitcoiners say all the time, and they end up broke because many times they end up gambling rather than investing, even if they might think that they are investing, but they have such superficial understanding what they are investing into and maybe they do not have too many clues regarding what is the meaning or risk and how do you either assess it and/or establish sound practices in order to mitigate many aspects of the risk.. whether that is figuring out position size, or what to invest into or how to manage personal finances (including but not limited to planning for income and expenses - as well as establishing emergency funds, reserves and/or a float)...
Lol that's actually true, such statements mostly use in shit coins . We all know that bitcoin as it's own Risk but to me bitcoin is only risky to those who normally focus on short-term profits. But when holding bitcoin ( for long-term) as same time you're minimising the risk in investing in bitcoin, because bitcoin is actually more safer to invest on than those shit coins that are damn risky . So when you have good principles towards bitcoin, you would secure a smooth and safe investment.