Quote from: Dave1 on August 27, 2025, 02:20:16 PM

Everything has risk in life, not just in crypto as you have describe. I was once own a farm land and was about to harvest one of my supposedly biggest investment when suddenly a typhoon hit our country and all of my plantation was devastated.

And there was once a season for onions as well, my crop was really good but I don't know, there was a pests that grip our province and again, all the money that I risk was put to naught. It was a learning experience though, I will be honest that I cry, but I don't let that devastation carry me and so I just regroup. Just like here in Bitcoin or crypto in general, if you lost, then just stand up.

Did you have any insurance at least? In my country there are insurances against natural disasters, just in case the same thing happens to farmers, typhoon, earthquake, fires, whatever you think of, if it's a natural disaster, you basically get more than your initial investment, but less than what your profit would be.

So if you spent 100 dollars, and would get 200 dollars, this way you get 120 dollars, not a lot, but you still get some profit out of it, that's the way you are insured, because inflation happens, the reason you spend 100, but get 120 back from insurance is that, due to inflation, if you do the same thing again today, it will cost more than 100, so it covers that as well and makes sure you are handling it okay.