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Generally the majority of people do not understand the word risk at all, they just understand it in a superficial literary sense of its definition. Investing in Bitcoin can be considered risky, and it is obviously less riskier these days than it was a couple years ago. However, not investing in Bitcoin is also getting quite risky. People think that by not acting they can somehow get away from risk,
this is a lie and a false understanding of reality. Think in other examples from life. Is running across the street risky when there are fast approaching vehicles? Yes. If you suddenly find yourself on the middle of the road and there are fast approaching vehicles, is it risky to not do anything and stand still? Of course yes.
The same applies with finances, and anything in the world really. For example, not exercising is very risky yet many people don't do it. You can't avoid the risks revolving around investing or not investing in Bitcoin, no matter what you do. The world is always changing, you will either swim with it or you will sink.
Choosing our position size is helpful in managing risk, and also considering that we are investing no more than we can afford to lose, so we are already appreciating that we could lose our money when we invest it into bitcoin.
Hopefully we figure out an appropriate balance in order to not invest too whimpily into bitcoin, since the guy who invested the last 10 years at $100 per week ended up doing way better than the guy who only invested $10 per week. In fact the guy investing $100 per week, ended up with a bitcoin portfolio size that would have had been 10x larger than the guy investing $10 per week.
[/quote] That is very true, When making a decision to start our investment we should endeavor to invest a discretionary amount that we can afford to loose because bitcoin is unpredictable considering the volatility nature of Bitcoin assets but that isn’t enough evidence that would limit us from continuous investing and accumulating, that is why it is also important that access our income and choose a safer investment plan(amount) to start investing, and having that knowledge guaranteed to encounter loose, In as much as we want to build a successful portfolio and to keep having a good sense of holding our Bitcoin for a longer term future.
Definitely as a plea the size of your Bitcoin portfolio would be determined with your estimations of amount that you can accumulate because there is every tendency you might not accumulate at once then you can accumulate little by little. So it’s better you can start accumulating on a weekly basis, so it’s best to figure out our figures of investment depending on our discretionary funds available.