Post
Topic
Board Bitcoin Discussion
Re: People I think should stay away from bitcoin investment.
by
bitzizzix
on 23/03/2025, 19:10:10 UTC
For those who are not ready to take risks in investing, it can be risky to proceed with investment. Invest only the amount of money you are ready to risk in investment. Before investing in a volatile market like cryptocurrency, you must be mentally prepared that you can lose all your money. It is better to have your own emergency financial fund ready before investing. Whether the investment is short-term or long-term, it is better to proceed with investment after taking the ability to take risks, raising additional money, market conditions, proper research and education.
Risk will always exist in any form including in investment so we do not need to close ourselves to it because indeed when we want to invest especially in bitcoin then inevitably we also have to accept risk as a form of what we do. So it will not be able to be in bitcoin without wanting to accept risk. That's a pretty naive and overconfident thought.

It's just that it can't be denied that until now there are still many people who really want to be in bitcoin but don't want to accept risks because of the considerable expectations and assume that bitcoin is one of the tools to enrich instantly even though it can also be said to be true when bitcoin can be one of the tools to support the financial freedom we want but nothing is instant in this case.
Many beginners are sometimes wrong in interpreting bitcoin and investing here just because of the initial understanding that seems naive which in the end destroys their own beliefs.
Of course, risk is a part that they must know and also learn in order to anticipate or know how to overcome it and this applies to all forms of investment including Bitcoin. And what happens to beginners because of high expectations because they want quick profits on Bitcoin often happens without studying and understanding the risks that exist and when they get a loss they will assume Bitcoin is a scam even though it is actually their own fault. But in my opinion, something like that will always exist and always happen considering that Bitcoin can help in terms of finance and can even make them rich which motivates them but in the wrong way, and let it happen because it will always happen which in the end they realize and repeat it well because it has become a process of adopting Bitcoin that must go through or experience mistakes and losses and if they are smart they will fix it.