Quote from: Orpichukwu on August 25, 2025, 09:34:10 PM

Quote from: ahmedabubakarabbo on August 25, 2025, 09:24:55 PM

When people talk about risk many quickly point to cryptocurrency and forex as the biggest risks anyone can take. However this mid-year August 2025 was a real eye opener. For example my wife invested a lot of time and money in beans this year but when the market crashed the losses were heavy. This shows that even physical investments can be just as risky if not more depending on the circumstances.

There is no investment on earth together that's without risk; some are just with minimal risk, while others possess a greater risk. If there was anything without risk, then everyone should have been advised to venture into it. That's why we are advised to do research on whateverwe want to invest our time and money in and decide which we can manage the risk of very well without it having too much effect on us. DYOR.

It is true that any business has risks but more or less. If you want to do any business, you must first look at its details and understand how risky it is, whether it is suitable for you and you have to decide accordingly. There are risks in cryptocurrency but if we invest in suitable coins then the risk is much less like for example Bitcoin. But many times we have seen that various altcoins are risky.