Post
Topic
Board Bitcoin Discussion
Re: People I think should stay away from bitcoin investment.
by
Fara Chan
on 23/03/2025, 20:00:19 UTC
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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.
Although the advice you said is quite logical for everyone to understand, but in this case you seem to scare people who want to invest in something good like Bitcoin. I think you don't need to explain it excessively on the pretext of high risk in investment because everyone who wants to become an investor in Bitcoin and others will always prepare themselves, both mentally and in terms of capital that may be specifically intended for doing so. So you don't need to give the impression that this investment is something complicated and something to be feared by those who want to do it, even though there are many people who have been successful with investing in Bitcoin, but you imagine it like trading which can result in losses and even the loss of invested money.