Bitcoin Forum

According to a survey conducted in the US 75% of investors thinks that Bitcoins is *very* risky.
Many even say how they won't ever own Bitcoins or get into this business .

https://www.moneycontrol.com/news/business/cryptocurrency/poll-reveals-that-75-of-the-us-investors-believe-bitcoin-is-very-risky-2784041.html (https://www.moneycontrol.com/news/business/cryptocurrency/poll-reveals-that-75-of-the-us-investors-believe-bitcoin-is-very-risky-2784041.html)

This survey shows how uneducated the educated society is about cryptocurrencies and how we are not being able to attract potential investors, the thing is all these highs and lows that makes them fear cryptocurrencies is it's essence.

How about it, should Bitcoins be stabilized?? So that they could attract a wide variety of investors Making it stronger? Or could the stability make us loose the ones we already have.

Stability or not? What do you guys think?

How will it be any different from fiat? It will just be a global fiat with no main body controlling it but it would have to face many regulations by the government if it's gonna be like this.

Share your thoughts:)

it is not most of the investors, it is 75% of those participating in that particular poll.
and bitcoin IS risky, if someone has not figured it out yet then maybe investment isn't their thing, they should look elsewhere! but at the same time that risk is giving it the high profitability otherwise you can not expect a huge return like bitcoin from something without risk. it is high risk high reward and low risk low reward.

should it be stable? yes it should because a currency requires a stable price. bitcoin being new and one of a kind means it can not be stable for the time being, specially since the exchanges are still pretty small and a big order can change the price a lot. the volatility is decreasing as we go forward and expand though.

I think Yes, it can become stable if it is allowed in all countries

I can't deny the fact that bitcoin is indeed riskier than majority of the investment opportunities present in the market. This is due to the unorganized nature of the market. Bitcoin market is organized in very few countries like Japan and Germany. But in majority of the countries, bitcoin trade is mainly controlled by the p2p exchanges. That is also a major reason for the fluctuation of its price.

The stability in price will certainly pave it way towards mainstream adoption but the speculators will also move away from the market. These speculators are the major driving force of the market and if they move out, the market will have a good amount of negative impact. So both have its pros and cons.

However, the increase in adoption rate is far more necessary than the speculators in the market. So stability is what I will personally prefer!

Yes bitcoin "investing" id risky business at the moment.
Maybe as tge price becomes higher or when att coins have been mined
stability might become a bigger part and the volatility might reduce.

I am basing this on the fact that tge value will be higher and so bitcoin
will be more difficult to obtain. I may need to be corrected on that though.

it's not easy to make people believe in bitcoin, including investors, many people have wealth but they are afraid of the risk of bitcoin, so they don't choose crypto.

Bitcoin volatility will not be stable, because bitcoin is not backed up by anything. bitcoin is not the same as a Tether.

I think government regulation will help volatility to be a bit stable, but the government cannot help our losses when bitcoin fluctuations fall deeply.

Your article doesn't please me. You say that bitcoin is risky. I do not deny that the market can not be weak people. must be strong, who are not afraid of risk.And the article is written to create panic among people and not to give birth to the desire to invest. A biased article and a poll

Investing, trading and other that involve money specially here in cryptocurrency was to risky. We know the value is not stable so that we don't know when we lose our money even those professional investor was also taking the risk. For me it will not be stable because of the value was always fluctuating so how we define or how we know that this is stable if it always fluctuated.

Stability would lead to adoption of bitcoin as a currency and not as an investment. People will give up on bitcoin by then and move on to another crypto, probably ETH, or LTC, or who knows some other shitcoin. But almost say goodbye to that ever happening, cause people are never gonna understand its purpose, what it stands for, why it was created.

Satoshi left his best work out in public, and look how awful that turned out to be. And no one wants to do something about it.

There is no possibility of establishment of the bitcoin market because it is in its nature and yes it is risky so, its profit is also big.