Bitcoin Forum

Other => Beginners & Help => Topic started by: Kodec5 on September 03, 2023, 12:41:11 PM



Title: Is Bitcoin really risky as they say?
Post by: Kodec5 on September 03, 2023, 12:41:11 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.

I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth


Title: Re: Is Bitcoin really risky as they say?
Post by: Fiatless on September 03, 2023, 12:59:05 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
If they say Bitcoin is risky, you can ask them which investment has no risks. People with no knowledge about the sector will always spread lies or rumors. In most cases people don't know the difference between Bitcoin and altcoins they assume that cryptos are the same. Just like every other business, investing in Bitcoin has some level of risk. That is why it is important to invest only what you can live without or what you can bear if there is any loss.

Quote
This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth
The easiest way of avoiding scams is to invest only in Bitcoin, use an open-sourced noncustodial wallet and keep your keys and password safe.


Title: Re: Is Bitcoin really risky as they say?
Post by: Don Pedro Dinero on September 03, 2023, 01:07:29 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one.

True, but it's nothing people don't already know.

Either as a store of value(So as to avoid taxes), Investment or means of payment.

Here we can apply the same as before, adding that what I have put in bold is false.

I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.

You can also invest without a 'teacher'.

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

Check your grammar and your English. It is not clear what you are saying and it is badly written.

This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth

I'm glad the forum has helped you so much. Now I hope it will continue to help you improve your English and express yourself better.


Title: Re: Is Bitcoin really risky as they say?
Post by: Jawhead999 on September 03, 2023, 01:27:58 PM
Avoiding taxes isn't easy as you think, remember when we're talk about avoiding tax, we're talk about big sum of money. If you said converting small amount of money through P2P is avoiding tax, it's not because small amount of money isn't even get taxed (though depends on each country laws).

Bitcoin is really risky if you use money that you can't hold for long term and still think centralization is better or can be trusted.


Title: Re: Is Bitcoin really risky as they say?
Post by: Winterfrost on September 03, 2023, 01:32:49 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.


I get it when people say this about other cryptocurrencies, but Bitcoin (BTC) is like the pioneer of all cryptocurrencies, and I don't see it as a gamble anymore.

The only concerns and issues come from the cryptocurrency exchanges, where you're never quite sure if you'll get your money back or not. But Bitcoin itself isn't really that risky.


Title: Re: Is Bitcoin really risky as they say?
Post by: Cantsay on September 03, 2023, 01:34:23 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

All investments are risky depending on how you get into them, some have the mindset that bitcoin can make them rich overnight while other like the bitcoin maximalist that knows what bitcoin truly holds haven been able to get rid of that mindset and if you check online those that still thinks that bitcoin investment is not worth it or still call a scam or honey pot are those that came into the ecosystem thinking that once they purchase a certain amount of bitcoin they would be rich in the next few days probably after they watch some random YouTube video calculating their weekly profits from just holding bitcoin without them fully understanding how the market works.

Quote
This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth

Aside the forum providing you with rich, detailed and simplified information about bitcoin you can still learn about security and privacy here as well, and as you it has helped you so also it has helped thousands others of forum members.


Title: Re: Is Bitcoin really risky as they say?
Post by: Zaguru12 on September 03, 2023, 01:43:45 PM
I get it when people say this about other cryptocurrencies, but Bitcoin (BTC) is like the pioneer of all cryptocurrencies, and I don't see it as a gamble anymore.

The only concerns and issues come from the cryptocurrency exchanges, where you're never quite sure if you'll get your money back or not. But Bitcoin itself isn't really that risky.

Logically if you look at the way the fiat devaluates you will agree that bitcoin isn’t at all risky. But looking at its volatility ratio in a short term then we can consider it been risky. A clear example is the fact when you invest a certain amount or bought it at certain price there could be a period that the price might fall due to volatility for close to 4 months without heading back to the initial price, so the risk here is once you invest an amount you needed within that period you will certainly be getting it out at a loss which most people refer to as the risk.

Another thing could be the risk act of how you store your coins, in fact the self custodian ownership method is a huge risk to careless people. So I would say bitcoin protocol itself is less risky if managed well just like the fiat in your bank account


Title: Re: Is Bitcoin really risky as they say?
Post by: dzungmobile on September 03, 2023, 01:45:32 PM
I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.
If you have Internet, you can search and find good free resources to learn about Bitcoin.

https://learnmeabitcoin.com/
https://www.lopp.net/bitcoin-information.html
https://bitcoincleanup.com/
Mastering Bitcoin book (https://github.com/bitcoinbook/bitcoinbook)
Bitcoin for beginners (Youtube) (https://youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj&si=ZJMHRLT1pHfNc4Qu)


Title: Re: Is Bitcoin really risky as they say?
Post by: pooya87 on September 03, 2023, 02:12:03 PM
Bitcoin is a peer-to-peer electronic cash system, and as that there is absolutely no risk in it whatsoever. The problem is that some people like to treat bitcoin as something it is not, an investment. As an investment and because bitcoin price is volatile, obviously there are certain risks involved.

Even with the false definition as an investment, whether we can call it risky or not depends on the situation and what you do. For example during a bull run the risks are a lot lower compared to the sideways market where things are uncertain.
It also depends on what money you are investing. For example if you are borrowing money (or generally money that you can't afford to lose) to invest in bitcoin, then the risks are extremely high.


Title: Re: Is Bitcoin really risky as they say?
Post by: Who is John Galt? on September 03, 2023, 02:27:09 PM
Knowledge is wealth

Of course, Bitcoin is risky. And, despite the fact that the above correctly said that risk is everywhere, it is necessary and important to understand what risks are associated with Bitcoin in order to try to avoid them.

Those who do not understand how risky volatility is, they lose by buying at the peak and selling at the very bottom.

Those who do not understand how risky it is to store their bitcoins in accounts of custodial centralized services lose them when the services go bankrupt or refuse to withdraw bitcoins for spurious reasons.

Those who do not understand the risks of a closed code are faced with the fact that bitcoins are stolen directly from the wallet like Atomic Wallet.

Those who do not understand the risks of compromising a private key lose bitcoins.

Bitcoin is risky, and understanding risks is important to be able to protect yourself from them.


Title: Re: Is Bitcoin really risky as they say?
Post by: lovesmayfamilis on September 03, 2023, 02:34:52 PM
People tend to deny what they don't understand. Therefore, it should not be surprising that many will talk about Bitcoin as a risky asset. But as mentioned above, if you manage your funds properly, then investing in Bitcoin, the amount that is not needed for a certain time, carries almost no risk, since history shows that Bitcoin has always recovered its price and even exceeded it.
But, OP, I'm happy for you that you've gained some knowledge. I would like to hope that you do not lose your vigilance.
Because everything is in your hands.


Title: Re: Is Bitcoin really risky as they say?
Post by: ImThour on September 03, 2023, 02:50:48 PM
Depends on how much you are invested with. If your monthly income is $5,000. You should not invest more than 10% of that in Crypto or any given asset. That's atleast what I recommend and if you are following that, nothing is really risky. And on the terms of risk, Bitcoin is much safer as compared to other shitcoins that exists in the Crypto market and on smaller exchanges which promises 1000% APY and things like that. You need to stay away from those.


Title: Re: Is Bitcoin really risky as they say?
Post by: jrrsparkles on September 03, 2023, 03:07:02 PM
OP is totally talking about the investment perspective so let's keep how bitcoin works and decentralization apart.

Now the answer to your question is yes, it's highly risky depending on the highly volatile nature of Bitcoin, You can't compare it with other assets even though there are other speculative assets out there there is a huge difference in the returns in Bitcoin compare to stock or whatever so from that PoV bitcoin is highly safer choice for long term investment.

Another reason why people call it risky is because they don't really understand what is bitcoin and they just repeat what media and influencers propagate it, now The good thing is that bitcoin is gradually reaching the stage where governments or individual can't take their eyes out in the growth of bitcoin is very short term compared to traditional investments.

So it's just a generational gap difference which means in the future when people understand the potential they surely will regret the missed opportunity such as now so as a forerunner grab the opportunity as much as you can by accumulating bitcoins in your investment portfolio.
 


Title: Re: Is Bitcoin really risky as they say?
Post by: Mate2237 on September 03, 2023, 03:09:47 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
I also disagree with the fact that bitcoin is being risk. Bitcoin is not risky but the term of investment will tell you the risky level of bitcoin. When you are investing in a long term investment then there is nothing to worry about but when you use short term investment then the probably of losing bitcoin is there. And best way to go about bitcoin investment is long term and not the short term.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.
The two major ways people use bitcoin are the investment and trading, with these two ways one can make profit from bitcoin. Avoiding tax is not really a good idea. Though you will not pay tax but it might be through the exchange or mining fee.

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.
As I said, bitcoin is not risk as others are saying it, but your investment plan determine the risk and not risk.
This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth

Yes forum as help many people in the world.


Title: Re: Is Bitcoin really risky as they say?
Post by: Pandu Geddon on September 03, 2023, 03:20:56 PM
In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.
However, each investment asset has its own risks. and this risk can be reduced with our knowledge and skills. people have to say Bitcoin is a risky asset, but it helps newbies to be careful when putting their money into Bitcoin. not scare, because if they are interested in investing, they will be looking for more information about Bitcoin and how to overcome the risks.

Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
you face one of the risks that come not from the market or from the assets you own. You can also create risks yourself. stay careful and you learn with your experience. Hopefully, all of this helps you in developing your understanding regarding anything related to Bitcoin and your investment assets.


Title: Re: Is Bitcoin really risky as they say?
Post by: m2017 on September 03, 2023, 03:22:21 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
There will always be opposing points of view. Compared to the traditional stock market, bitcoin looks risky. This is a conservative opinion. For progressives, bitcoin doesn't look all that risky, because the stock market also carries considerable risks, and btc represents innovation. It all depends on what angle you look at it all from.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.
First of all, bitcoin avoids not taxes, but inflation.

Or as a tool that gives financial freedom and independence. Or even to commit illegal actions (we will not deny that btc is sometimes used for these purposes - like any other currency). Everyone uses it in their own way.

I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.
Everyone should become his own teacher in this.

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth
This forum has played an important role (and will continue to play) for many people.

I would say that knowledge allows you to create wealth.


Title: Re: Is Bitcoin really risky as they say?
Post by: isaac_clarke22 on September 03, 2023, 03:30:05 PM
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This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth
Well not "most" people since there are different risk tolerance by people. Some have their bars set too low, some are too high depending on their financial capability. If you're like living the dream like Musk, you might not see it that risky that much since you pretty much have plenty of money in your stash and encountering losses shouldn't prove that much of a problem to you.

Just do your research first before you take anyone's advice in here (how ironic that I am giving advice as well :D). Everyone in the internet can say anything they wanted,


Title: Re: Is Bitcoin really risky as they say?
Post by: tvplus006 on September 03, 2023, 03:45:40 PM
...This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.

As a rule, when a person believes that he has fully figured out any issue and is a master of his craft, he makes a fatal mistake, as a result of which he loses his money. So it is necessary to continue to maintain the highest level of security so that your earned money is safe.


Title: Re: Is Bitcoin really risky as they say?
Post by: BitcoinPanther on September 03, 2023, 05:24:57 PM
Every investment has their own risk.  Bitcoin due to high volatility is considered risky by many people but little that they know that there is a trick to minimize the risk in Bitcoin investment.  It is not a secret that holding is the best way to mitigate risk.  One proof is by looking at the price history. If we zoom out the price chart, Bitcoin is still in the green zone except for those who invest in the amount above the current price but, Bitcoin history also shows that Bitcoin in every 4 year cycle tend to break it all time high.  This means with enough patience and trust to Bitcoin market investor can hit their target selling price.


Title: Re: Is Bitcoin really risky as they say?
Post by: Japinat on September 03, 2023, 06:06:45 PM
The only reason why bitcoin becomes risky is when you are trying to own or achieve it without the basic knowledge about bitcoin. You could have end up losing your money through scams or just by simply buying and selling at a very wrong timing, or when the market is not having a good market entry. However, if you acquire knowledge the you need before buying or investing into bitcoin, you could have done it with caution so won’t fall into its high risk of losing.


Title: Re: Is Bitcoin really risky as they say?
Post by: BIT-BENDER on September 03, 2023, 06:30:10 PM
Right now and with how the crypto-currency market has developed into I won't consider Bitcoin risky, this is just my opinion. As we should know by now that every investment has its own risk and also rewards I would say Bitcoin has Little risks compared to other coin in the crypto space.

The adoption level of Bitcoin is continuously growing and the financial benefits Bitcoin has over the traditional financial system would keep it relevant for a very long time, I see a Bitcoin as a good futuristic plan .


Title: Re: Is Bitcoin really risky as they say?
Post by: CryptoHeadlineNews on September 03, 2023, 06:41:10 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
Truly, Bitcoin is a volatile decentralized digital currency, and as such it's okay for people who have little or no knowledge about it to see it as a high-risk investment, but on the contrary, that doesn't mean people aren't investing in it and making good and reasonable profits out of it. So it's left for you to apply which strategy best applied for you, and by that I mean, Do you wish to own Bitcoin as a asset for long term investment? Or Do you intend to be a short term investor? Or a Day trader.. Because by having a goal, it will help else your stress of worrying whenever the price of Bitcoin fluctuates up or down movement.


Title: Re: Is Bitcoin really risky as they say?
Post by: suzanne5223 on September 03, 2023, 07:23:56 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
Every investment has its own risk but the risk aspect of Bitcoin investment can be avoided or corrected if have the standard knowledge about cryptocurrency investment and risk management.
Nevertheless, those who see BTC as a high-risk investment are those who lack the perfect understanding of how to use the DCA strategy and 4-year cycle momentum to make a profit from their investment in BTC.



Title: Re: Is Bitcoin really risky as they say?
Post by: Saint-loup on September 03, 2023, 07:53:44 PM
Logically if you look at the way the fiat devaluates you will agree that bitcoin isn’t at all risky. But looking at its volatility ratio in a short term then we can consider it been risky. A clear example is the fact when you invest a certain amount or bought it at certain price there could be a period that the price might fall due to volatility for close to 4 months without heading back to the initial price, so the risk here is once you invest an amount you needed within that period you will certainly be getting it out at a loss which most people refer to as the risk.

Another thing could be the risk act of how you store your coins, in fact the self custodian ownership method is a huge risk to careless people. So I would say bitcoin protocol itself is less risky if managed well just like the fiat in your bank account
From which country are you precisely bro? Bitcoin was above 65k$ less than 2years ago, now it is only worth 25k$, that's a -60% drop in USD, which money has lost 60% of its value in dollar during the last 2 years? Bitcoin is a highly volatile and then risky asset that's a fact, every serious trader or people working in finance will tell it to you. And even here serious guys always advice newcomers to only invest what they can afford to lose, nobody would tell that to someone about to invest money in gold.


Title: Re: Is Bitcoin really risky as they say?
Post by: JunaidAzizi on September 03, 2023, 08:08:11 PM
In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.
Bitcoin is highly risky as it's a new and volatile asset class and difficult to appreciate to continue its value because of its price which can fluctuate widely. My belief is that bitcoin has high potential and returns a healthy reward but in your case whether or not bitcoin is a good investment is to see your risk tolerance, If you love to take risks and invest in bitcoin then do it but if you do not then skip it and do your investment on some other places where the risk would low because its highly volatile and have no guaranty of going up or down.

Quote
This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth
I am very glad to see that you learned a lot of things from Bitcoin Talk and now you have more knowledge about Bitcoin when and how to buy, I am not sure this is the only potential forum where users take the most benefits from here, I hope you will continue your learning here and also give your knowledge and experience to other newbies and beginners. 


Title: Re: Is Bitcoin really risky as they say?
Post by: Coyster on September 03, 2023, 08:26:28 PM
Being your own bank is somewhat risky and it requires quite a lot of responsibility, Bitcoin is risky because not everyone can safeguard the keys to their funds, this is a reason why quite a lot of people shy away from Bitcoin, they want the responsibility of their money to remain with the banks because they cannot handle that responsibility.

Having said that, Bitcoin as an investment has the risk of volatility, but the risk of Bitcoin as a currency is what i just wrote above, Bitcoin transactions are irreversible, so people know that if their Bitcoins gets lost, they cannot get it back, and this is part of the risk of being your own bank, if we agree that Bitcoin was created most importantly as a currency, this is the risk that its users have to bear.


Title: Re: Is Bitcoin really risky as they say?
Post by: Kodec5 on September 03, 2023, 08:34:26 PM

Either as a store of value(So as to avoid taxes), Investment or means of payment.

Here we can apply the same as before, adding that what I have put in bold is false.

Can you please make an emphasy on why it is false?

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

Check your grammar and your English. It is not clear what you are saying and it is badly written.
[/quote]

I will work on it, but I think most persons understood what I meant


Title: Re: Is Bitcoin really risky as they say?
Post by: Kodec5 on September 03, 2023, 08:39:30 PM
I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.
If you have Internet, you can search and find good free resources to learn about Bitcoin.

https://learnmeabitcoin.com/
https://www.lopp.net/bitcoin-information.html
https://bitcoincleanup.com/
Mastering Bitcoin book (https://github.com/bitcoinbook/bitcoinbook)
Bitcoin for beginners (Youtube) (https://youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj&si=ZJMHRLT1pHfNc4Qu)
Thanks brother, I would love to learn more


Title: Re: Is Bitcoin really risky as they say?
Post by: Kodec5 on September 03, 2023, 08:45:08 PM
But, OP, I'm happy for you that you've gained some knowledge. I would like to hope that you do not lose your vigilance.
Because everything is in your hands.
Absolutely... I keep on learning everyday


Title: Re: Is Bitcoin really risky as they say?
Post by: BlackHatCoiner on September 03, 2023, 08:49:19 PM
Yes. You might have your capital devalued by 10% next week. Shit happens in the Bitcoin world, and you have to get used to it. And the fluctuations really define the risk. In the stocks world, if a company loses 5%, investors get crazy. If that happens on Bitcoin, we're happy it didn't go worse.

If you're here for the long-term though, then in my opinion it's safe. Because of history. But is my opinion really worth anything? The hard truth is that no person knows the future of Bitcoin, and anyone who says otherwise is either a billionaire with inside information, or an arrogant who hopes to get retired 20 years sooner.


Title: Re: Is Bitcoin really risky as they say?
Post by: ololajulo on September 03, 2023, 08:50:02 PM
I find it difficult to grasp the concerns surrounding Bitcoin's risk compared to other assets. If you have a deep understanding of its four-year cycle and can effectively navigate both bear and bull markets to maximize profits, you can effectively manage the associated risks. No other asset class offers such a well-defined and predictable cycle to plan for and mitigate risks.


Title: Re: Is Bitcoin really risky as they say?
Post by: Odusko on September 03, 2023, 09:22:47 PM
Truth be told, everything in life is all about risk and Bitcoin is not an exception to that fact, and More importantly, since Bitcoin is a volatile asset, its risk becomes higher than every other asset in its category, and most of Bitcoin investors are already aware of the risk associated with Bitcoin and that is why we already have a long term goal towards bitcoin in other to be able to properly analyze and take a position with the market.


Title: Re: Is Bitcoin really risky as they say?
Post by: nurilham on September 03, 2023, 09:25:14 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
Investing in crypto is high risk, including in Bitcoin. We accept it or not but the fact that the volatility is very high. People who have lack knowledge about Bitcoin and don't understand how to invest in Bitcoin properly, will face a big challenge on dealing with the price volatility. However, since we understand the price history of Bitcoin and understand the bearish-bullish time, investing in Bitcoin isn't very risky because we know when the right time for entry (buy) and when the right time for exit (sell). So, I think it is true that Bitcoin is high risk, but we can deal with the risk.

If they say Bitcoin is risky, you can ask them which investment has no risks. People with no knowledge about the sector will always spread lies or rumors.
It means you accept the fact that Bitcoin investment is risky. But the level of risk on Bitcoin investment and Altcoin investment are different. So, people don't lie if they stated "Bitcoin investment is risky".



Title: Re: Is Bitcoin really risky as they say?
Post by: Asuspawer09 on September 03, 2023, 09:34:04 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.

I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth

It is risky just because of the volatile market price, I mean yes you could easily invest in it and probably hold your Bitcoin in the long term but is it guaranteed that the market price is going to skyrocket and we are going to make a lot of money on the Bullrun? cryptocurrency does not really have any proof that it is something you could use as an investment compared to the stock market where you are investing in company stocks, the market would depend on the company value or something like that. But cryptocurrency value is just going to depend on supply and demand in the market, meaning we could easily lose a big amount of money here in the cryptocurrency market even though we know. or do we believe that the market price is going to go back or increase again? do we really know that? I mean market price could drop as low as possible because this is cryptocurrency, The Bitcoin market price could be 100$ tomorrow if something bad happens. That is why it is a risk.


Title: Re: Is Bitcoin really risky as they say?
Post by: freedomgo on September 03, 2023, 09:44:13 PM
I would definitely not to argue with that, bitcoin is really risky. But if you certainly know how to take risk management and know when to take an edge over bitcoin, then you can easily lessen its risk and maximize its potentials within. Bitcoin is risky and yet its the most profitable and reliable cryptocurrency in the market. If you are fearful with its risks, you will never  be brave enough to have and own bitcoin for yourself.


Title: Re: Is Bitcoin really risky as they say?
Post by: Mr.suevie on September 03, 2023, 09:47:53 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
Every investment has its own risk but the risk aspect of Bitcoin investment can be avoided or corrected if have the standard knowledge about cryptocurrency investment and risk management.
Nevertheless, those who see BTC as a high-risk investment are those who lack the perfect understanding of how to use the DCA strategy and 4-year cycle momentum to make a profit from their investment in BTC.


I think the particular set of individuals that bitcoin investment becomes risky for them are the ones that don't actually hoard or hold their coins for long and by that I mean the short term holders and traders who prefer trading and getting off some little profits to their portfolio instead of steadily buying and holding for bitcoin price to actually get high. And also bitcoin investment becomes really risky when you lack proper knowledge of the basic concept of the technology behind it too.


Title: Re: Is Bitcoin really risky as they say?
Post by: lalabotax on September 03, 2023, 09:48:10 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.
Basically, Bitcoin is not a risk, but it is our ways in doing business with Bitcoin that can cause the risk to exist, maybe even higher. This is the same as other things, such as business or other jobs, everything must contain risks. And how we prepare it, implement it, and evaluate it will affect how big the risk is for us.

If we really understand Bitcoin and invest in Bitcoin for the long term, and know the target and when is the right time to buy and then sell, then this will reduce the risk, compared to if we just do it based on desire alone without any thorough preparation. . But that doesn't mean it's zero risk. Because after all, this is a digital world. It could be that something happens to our wallet or we lose various data or devices that connect us with our assets. This is also a risk. But of course, we can act to minimize this risk by being more careful and keeping several backups just in case.


Title: Re: Is Bitcoin really risky as they say?
Post by: Viscore on September 03, 2023, 09:58:08 PM
Yes, there’s no doubt that it’s risky. And the moment you decide to invest in it without knowledge but only greed, you will increase its risk and you will obviously fall from its trap of losing. A lot of people invest and lose, and decide to quit it for good because they can never overcome and manage the risks. While others have been very lucky with their bitcoin investments, simply because they did a good preparation before they start taking the risk.


Title: Re: Is Bitcoin really risky as they say?
Post by: KingsDen on September 03, 2023, 10:25:15 PM
Bitcoin is a risky investment. But the level of risk is not as high as many people may portray it to be. There is a particular time that the price of Bitcoin will be as stable as because it is consolidating but there's also a particular time within few minutes the price will skyrocket or the price would depreciate so much. So this is where the high riskness comes in. It is better that people are warned and exaggerated to than for them to treat it like nothing.
Which kind is risky and that is why it is advised to use a word" invest with what you can afford to lose. This is the best you can follow to be safe in the market.


Title: Re: Is Bitcoin really risky as they say?
Post by: Lida93 on September 03, 2023, 10:58:07 PM
Op I'll start by saying if you think bitcoin is highly risky then you should try shitcoins. And moreover how does having an asset that gives you greater control and power of self custody  over it can be referred to as higher risk?

Acquire the right knowledge towards bitcoin and invest in a way convenient for you. If you're not a good trader stay away from trading and go for a long term holding with your portfolio. It sucks when people that aren't good traders decides to swim in trading because of the quick profits that they heard can be gained from trading  only to blow their account and starts complaining of how highly risky bitcoin is, stead of owning their mistake of following the wrong approach with their portfolio they blame it on bitcoin.



Title: Re: Is Bitcoin really risky as they say?
Post by: taufik123 on September 03, 2023, 11:08:25 PM
Bitcoin is a risky investment. But the level of risk is not as high as many people may portray it to be. There is a particular time that the price of Bitcoin will be as stable as because it is consolidating but there's also a particular time within few minutes the price will skyrocket or the price would depreciate so much. So this is where the high riskness comes in. It is better that people are warned and exaggerated to than for them to treat it like nothing.
Which kind is risky and that is why it is advised to use a word" invest with what you can afford to lose. This is the best you can follow to be safe in the market.
In short, Bitcoin or cryptocurrency has a high volatility that will provide rapid price movements.
it is indeed a kind of high risk but can generate a lot of profits and losses, It is just a matter of how one does it right or not.

Lay users or those who do not know fully about Bitcoin, must be given the knowledge that the risks and profits are within reasonable limits.
Because every market has its own risks and advantages.

I even always tell new users who want to enter that Bitcoin or other crypto has a high risk, and must be followed by sufficient basic knowledge in order to avoid these risks.


Title: Re: Is Bitcoin really risky as they say?
Post by: coupable on September 03, 2023, 11:41:18 PM
Bitcoin is a peer-to-peer electronic cash system, and as that there is absolutely no risk in it whatsoever. The problem is that some people like to treat bitcoin as something it is not, an investment. As an investment and because bitcoin price is volatile, obviously there are certain risks involved.

There is no investment without risk. Because the price movement is volatile, this makes the profits greater since the risk is great. ÷This is a rule in various types of investment.
I don't understand your opinion on why Bitcoin should not be considered as an investment. This changes nothing from the fact that it is a peer-to-peer electronic cash system. I also believe that considering Bitcoin as an investment is one of the most important factors helping to spread it and increase the adoption of its use, whether by individuals or companies that provide investment services.


Title: Re: Is Bitcoin really risky as they say?
Post by: Pingrapole on September 04, 2023, 06:09:34 AM
Bitcoin will not be risky for you only when you are fully focused on it.It is normal that before every good thing there will be many bad things it is bad it is not good it is bad it is not good it does not go with our society etc.People with poor perceptive and evaluative skills, lack of proper understanding of digitalization, etc. will easily say that Bitcoin is a risky system.Ignore the fact that the hawk has taken his ears, put your hand in your ears and see if you have ears You can answer all those people that they were not wrong and at the end of the day you will be successful Finally I can say it is an electronic system because we can't see the electronic system, so we have a problem to distinguish it if we could see it by hand maybe it wouldn't be so much problem and here you are You can earn a lot of income by doing a lot of different things by making different investments etc. when you can do it you will feel that it was never risky Many people try to bully it as gambling etc. and give wrong advice you can invest or work here blindly I believe it as a newbie I will do it in the future because everyone I have seen is in a good position.

Bitcoin is only risky when your patience is low, your mentality is bad, you think new If you don't try to do something, if you listen to bad people, if you don't go to war, if you express your opinion about war, etc., then you have to obey.


Title: Re: Is Bitcoin really risky as they say?
Post by: G_Besar on September 04, 2023, 08:46:23 AM
I find it difficult to grasp the concerns surrounding Bitcoin's risk compared to other assets. If you have a deep understanding of its four-year cycle and can effectively navigate both bear and bull markets to maximize profits, you can effectively manage the associated risks. No other asset class offers such a well-defined and predictable cycle to plan for and mitigate risks.

It shouldn't be difficult to understand the risks in Bitcoin when everyone already knows about the four-year cycle in Bitcoin so it can make it a little easier for everyone to navigate certain moments through Bitcoin. Because when there are many people who want to wait for profits by relying on a four-year cycle, that means everyone has to be very prepared for risks, even though this still has to be remembered and doesn't mean it has to be forgotten.

Only for this kind of thing I seem to prefer what you say because when everyone knows how to maximize profits by waiting for a certain moment as has happened in a four-year cycle. They should no longer think about risk because they already know how to manage it well in order to achieve their ultimate goal of maximizing profits through Bitcoin.


Title: Re: Is Bitcoin really risky as they say?
Post by: Solosanz on September 04, 2023, 09:21:41 AM
There is no investment without risk. Because the price movement is volatile, this makes the profits greater since the risk is great. ÷This is a rule in various types of investment.
I don't understand your opinion on why Bitcoin should not be considered as an investment. This changes nothing from the fact that it is a peer-to-peer electronic cash system. I also believe that considering Bitcoin as an investment is one of the most important factors helping to spread it and increase the adoption of its use, whether by individuals or companies that provide investment services.
The reason why you consider Bitcoin is an investment and the price is really volatile because you always compare Bitcoin price with fiat where the value is keep declining due to inflation. In Bitcoin it's always 1 BTC = 1 BTC as long as you're not send your coins.

But most of people are like you who think Bitcoin is an investment and interested because of making more money, since people are always look a way to make instant profit, they're started to buy Bitcoin.


Title: Re: Is Bitcoin really risky as they say?
Post by: 348Judah on September 04, 2023, 10:19:23 AM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

It's a lie when we say that bitcoin does not have any risk at all, that means we are lying because bitcoin has its own risk, but when the importance and advantages anything has over it's demerits, we could say that such risk in it is worth going for, people preferred bitcoin in this present economy because bitcoin offers them what they want and they understood that the advantage is far bigger than the disadvantages if they invested in bitcoin.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.

Part if the interesting aspects with bitcoin adoption is that it provides different solutions to the people in many ways which serve as part of the reasons why they adopted bitcoin, some for an asset, exchage currency, investment, employability, financial freedom, privacy and trust they wanted with using a decentralized network over the centralized one.


Title: Re: Is Bitcoin really risky as they say?
Post by: Abu-Naim on September 04, 2023, 10:56:48 AM

Bitcoin is only risky when your patience is low, your mentality is bad, you think new If you don't try to do something, if you listen to bad people, if you don't go to war, if you express your opinion about war, etc., then you have to obey.
Bitcoin is less risky compared to other coins out there on crypto exchanges, but it is also very risky if you approach bitcoin investment without gaining knowledge about it before you start.

Most of the risk associated with bitcoin is related to a lack of knowledge, which results in the risks involved, which involve losing everything with a single mistake due to a lack of knowledge or understanding on how to handle your bitcoin in your wallet or the risk of leaving your bitcoin in centralized exchanges to control it for you, which you can lose if the exchange gets hacked.


Title: Re: Is Bitcoin really risky as they say?
Post by: GeorgeJohn on September 04, 2023, 11:01:13 AM
The only reason why bitcoin becomes risky is when you are trying to own or achieve it without the basic knowledge about bitcoin. You could have end up losing your money through scams or just by simply buying and selling at a very wrong timing, or when the market is not having a good market entry. However, if you acquire knowledge the you need before buying or investing into bitcoin, you could have done it with caution so won’t fall into its high risk of losing.
You should right with your opinion, because its obvious that you have to understand the basics things of bitcoin before investment, when you fail to learn or study the regulations of bitcoin properly and you invest, that will make you to venture into the risk which is involve in bitcoin regulations, so what I want you to know concerning bitcoin is that you most know the rules or the rudiments of bitcoin first before you kick off investment, many people who seems bitcoin as a risk are the people who lose in bitcoin and they did not comprehend how the system of bitcoin  works before venturing into it, I can blame then, but what I know in bitcoin transaction is that it needs concentration and it needs more time to study the regulations.


Title: Re: Is Bitcoin really risky as they say?
Post by: imamusma on September 04, 2023, 11:18:38 AM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
I tend to agree with the first opinion, but not with the second opinion.
Bitcoin is still risky because bitcoin is a fluctuating asset, but I agree that each user's risk tolerance varies.

You can never generalize everything is the same because in fact the risk of investing in bitcoin is a must. Not only will you lose the value of your investment due to price volatility, but you also have the potential to lose all your assets just because you failed to secure them. So the risks of investing in Bitcoin should not be ignored even if you are 100% sure that it is safe from all forms of threats.


Title: Re: Is Bitcoin really risky as they say?
Post by: AGogi2003 on September 04, 2023, 11:19:49 AM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Any investment involves risk because you are investing your money into it in order to make a profit, and I believe that Bitcoin is a high risk investment. Since Bitcoin is volatile, the price can rise and fall at any time, which I like because if the price does not fall, investors can buy it at a high price. Anyone who claims that Bitcoin does not include risk is deceiving people into investing in BTC, which is not the case. Before you introduce someone to Bitcoin, you must inform him of its upside and downsides. or he has not learned anything about BTC and is only hearing people talk about it, which is why it is said Bitcoin did not involve risk.


Title: Re: Is Bitcoin really risky as they say?
Post by: summonerrk on September 04, 2023, 11:51:40 AM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.

I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth

We live in a wonderful time when, having knowledge, you only need Internet access to earn money, also withdraw it from the exchange. You can even order an online card and order clothes and food for yourself at home. Isn't that amazing? Therefore, I agree with the author of the topic. Of course, with all the knowledge, you also need to be very careful, because you can fall into the trap of hackers. I considered myself cautious and knowledgeable, until in 2019, part of my deposit was stolen from my Jaxx wallet. My friends were amazed - they knew that this wallet is not reliable. Aot I didn't know. In cryptocurrency, such "lessons" are expensive. But the main thing is not to be upset, but to continue saving and studying.


Title: Re: Is Bitcoin really risky as they say?
Post by: Y3shot on September 04, 2023, 12:06:15 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
Bitcoin is risky but if it is well understood it is something the risk in it can be managed. The best way to avoid the risk in bitcoin is not to be fast to invest or trade when their is no understanding about Bitcoin. Going into bitcoin investment without knowledge is very risky that can lead to losing all the money that was invested.  The risk in bitcoin is not just about bitcoin,  also investing without having knowledge about wallet and security of wallet and scams is also risky,  these are things beginners needs to know before going into investing. When their is lack of information and knowledge this is when bitcoin becomes so risky.


Title: Re: Is Bitcoin really risky as they say?
Post by: Coyster on September 04, 2023, 01:31:24 PM
I don't understand your opinion on why Bitcoin should not be considered as an investment. This changes nothing from the fact that it is a peer-to-peer electronic cash system. I also believe that considering Bitcoin as an investment is one of the most important factors helping to spread it and increase the adoption of its use, whether by individuals or companies that provide investment services.
Bitcoin can be considered as 'anything' by the owner of the coins, either a hedge, a currency or an investment, but the creator of Bitcoin designed it to be electronic cash, i don't think speculation was on Satoshi's mind when he created Bitcoin, so it isn't wrong if one says that Bitcoin should be identified solely as electronic cash in their opinion.

Having said that, Bitcoin doesn't have to serve only a singular purpose, since people have found other use cases for the coin, and all of them together has helped it grow to this level, then i can have no complaint. Bitcoin can be a currency, investment, hedge and many more, thus it is up to the individual to see/use it how they want.


Title: Re: Is Bitcoin really risky as they say?
Post by: Poker Player on September 04, 2023, 01:54:53 PM
First we would have to see what we mean by risk, but in a general way we can say that yes, it has risk because it is a volatile asset. Then there are things that have more or less risk. For example, trading Bitcoin has more risk than investing in the long term. And if you add leverage even more risk. Although it can also be more profitable. In the same way that buying fixed income has less risk and at the same time is potentially less profitable than buying shares of a small cap.

I would recommend the OP to educate himself about economics and finance and learn about risk management.


Title: Re: Is Bitcoin really risky as they say?
Post by: tvplus006 on September 04, 2023, 02:29:30 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky. ..

This is a rather vague definition from which it is impossible to establish how competent their opinion looks in relation to bitcoin. Will you listen to the opinion of a novice who claims that Bitcoin is dangerous because he lost his savings trading futures with a leverage of X100? Or you can listen to the opinion of another about how he bought BTC 10 years ago and now thanks to this he is a millionaire.


Title: Re: Is Bitcoin really risky as they say?
Post by: Tuturtinular on September 04, 2023, 04:17:08 PM
Bitcoin is a peer-to-peer electronic cash system, and as that there is absolutely no risk in it whatsoever. The problem is that some people like to treat bitcoin as something it is not, an investment. As an investment and because bitcoin price is volatile, obviously there are certain risks involved.

I don't understand what you mean by saying that bitcoin has no risks. I always place bitcoin as a high-risk investment, this is because the price of bitcoin is too volatile. I don't dare to put a lot of money in bitcoin, I just keep money that I don't really need, because if I need money when the bitcoin price drops, then I will lose big.

I try to divide my investments, I provide cash for living needs, safe investments I choose gold because I can sell it at any time, and bitcoin, on bitcoin I plan to hold for a long time

Even with the false definition as an investment, whether we can call it risky or not depends on the situation and what you do. For example during a bull run the risks are a lot lower compared to the sideways market where things are uncertain.
It also depends on what money you are investing. For example if you are borrowing money (or generally money that you can't afford to lose) to invest in bitcoin, then the risks are extremely high.

I don't think your explanation proves that bitcoin investment has no risk


Title: Re: Is Bitcoin really risky as they say?
Post by: Marykeller on September 04, 2023, 04:28:06 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
No investment is without risk. practically all investments have some level of risk depending on how robust or weak the structure of the investment is. Because of the volatility of crypto, bitcoin is thought to be a risky investment. Those who dispute that reality view Bitcoin as a get-rich-quick scheme, which is not to be so.

Quote
This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth
Many people have benefited from the forum's knowledge about crypto. Many of us have improved ourselves with understanding of crypto, thanks to this forum. We have all benefited greatly from this forum, and we continue to learn new things from her every day, including how to protect our finances, avoid scams, and only invest with money we can afford to lose.


Title: Re: Is Bitcoin really risky as they say?
Post by: Frankolala on September 04, 2023, 05:05:19 PM
Bitcoin isn't risky because it was created to ba an alternative to fiat currency. People took the advantage of bitcoin potential and made it an investment,and don't forget that there is no investment without risk.

Greed is what makes people say bitcoin is risky because they want to get rich overnight and this makes them think that bitcoin is the only solution. They forget that bitcoin is a volatile assets and investing in it should be a long term investment,rather they use the money that they loan or for something important to invest in bitcoin and needs profit overnight. When the price goes below what they bought,they will panic and sell off because they thought that the price will only be pumping.


Title: Re: Is Bitcoin really risky as they say?
Post by: Sexylizzy2813 on September 04, 2023, 06:00:37 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Is really clear and you should know that Bitcoin it self is a risk and everything in life is all about risk, nothing comes that easy. When you engage in investing never forget the down side of it.
And don't let anyone tell you that investing in Bitcoin doesn't involve risk.


Quote
This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth

Being in this Forum has taught so many users how roll their dice 🎲 when it comes to investing and trading too.
I know a member who's happy to be in this Forum, so much loss whenever he tries to invest, scammers also gained from him not until he found himself here.
Being here doesn't mean we're not surrounded by scammers, we just have to be careful and believe me you came to the right place to achieve something greater.
Like you said, knowledge is wealth, I'll say Knowledge is power.


Title: Re: Is Bitcoin really risky as they say?
Post by: Queentoshi on September 04, 2023, 06:11:16 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
It is high risk when you do not understand what you are doing and the risk that is in it. Knowing the risk reduces the risk by half, not knowing the risk makes it riskier. Bitcoin is high risk when you do not know how to secure your bitcoins after investment. People have complained of how their bitcoins was stolen or lost, and it can all happen due to one very silly mistake or knowledge that you do not have. If you have invested in bitcoins and you are a member of this forum, have of your problems have been solved, because there is always a new discussion about an old security risk or a new one.


Title: Re: Is Bitcoin really risky as they say?
Post by: Adbitco on September 04, 2023, 06:11:54 PM
Your knowledge on bitcoin depends your risk factors.. Lest say before venturing into bitcoin you are well aware of the risk associated with this investment so it will be better easier for you to reduce or minimize the risk with time or as you keep growing, those who focuses on the risk aspect of bitcoin never hold for long because they believed that they could lose the little profits they have made earlier and these sets of people quickly sells off when there seems to be little changes in the market without knowing is just a mere market correction.
Permits me to say that today's life or in real word scenario there is no investment that doesn't associates with risk either but the only way to reduced it is to apply the principles that governs the investments, So sincerely speaking bitcoin is not only risky but highly volatile.


Title: Re: Is Bitcoin really risky as they say?
Post by: Sim_card on September 04, 2023, 06:40:11 PM
It all depends on how we see bitcoin and the purpose why we bought our bitcoin. Some people thinks that trading is the best way to make profit from bitcoin and such people will end up losing their bitcoin because trading is very risky. On the other hand,if you decide to invest in a long term investment, it is very easy to hodli because it is easy and less risky compared to trading. Keeping your wallet safe from hackers and malware,and also don't allow anyone access to your seed phrase or private keys. This is only what you need to do when you are a long term holder. Why is it like that,due to bitcoin volatile nature, the price pumps and dump and this can make you run at loss when you sell at the wrong time.


Title: Re: Is Bitcoin really risky as they say?
Post by: Distinctin on September 04, 2023, 06:44:02 PM
All types of investment have definitely its own individual’s risk. And bitcoin being a high risk asset requires more knowledge and understanding from its buyer so he won’t end up increasing its risk itself. However, the good thing about high risky investments is that they also promise bigger amount of future profits. And bitcoin is a living proof. Moreover, if you can’t afford to buy a single bitcoin, then do the DCA and buy portion of bitcoin every time you’re capable to do it.


Title: Re: Is Bitcoin really risky as they say?
Post by: bananaunana on September 04, 2023, 09:10:57 PM
Yes, Bitcoin is more risk like compared to Gold and normal stocks because Bitcoin is very different.

Keep in mind it is relevant what are we comparing to Bitcoin.
But overally, Bitcoin is very volatile compared to stocks and also Gold.



All types of investment have definitely its own individual’s risk. And bitcoin being a high risk asset requires more knowledge and understanding from its buyer so he won’t end up increasing its risk itself.
Very good point.
Bitcoin is not like stock, where we don't really need education, only a bank manager.
For Bitcoin, it is very difficult to receive and we need to store it in our own wallet, where we need knowledge before doing it to avoid beginner mistakes.


Title: Re: Is Bitcoin really risky as they say?
Post by: suzanne5223 on September 04, 2023, 09:40:20 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
Every investment has its own risk but the risk aspect of Bitcoin investment can be avoided or corrected if have the standard knowledge about cryptocurrency investment and risk management.
Nevertheless, those who see BTC as a high-risk investment are those who lack the perfect understanding of how to use the DCA strategy and 4-year cycle momentum to make a profit from their investment in BTC.


I think the particular set of individuals that bitcoin investment becomes risky for them are the ones that don't actually hoard or hold their coins for long and by that I mean the short term holders and traders who prefer trading and getting off some little profits to their portfolio instead of steadily buying and holding for bitcoin price to actually get high. And also bitcoin investment becomes really risky when you lack proper knowledge of the basic concept of the technology behind it too.
You have a point about the Bitcoin investment only being risky for people who lack the basic concept of the technology behind BTC but holding for the long term and knowing the basic concept of BTC technology is still not enough for the investors to avoid the risk because no matter how knowledgeable or long term holding an investors practice about BTC investment if she still lacks the understanding 4years such investor will continue to sell when the price is yet to maximal its ATH price.


Title: Re: Is Bitcoin really risky as they say?
Post by: chigo on September 04, 2023, 11:19:32 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.

I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth
knowledge is not wealth but a weapon, yeah your weapon to face everything that might happen in your life and also your weapon to secure your finances because currently there are many fraudsters out there who are after your money.

I'm still new to bitcoin but I will continues to deepen my insight about bitcoin, it is very important so that when there is news of propaganda attacking bitcoin to create an effect of fear, I have weapons and shields to fight it all.


Title: Re: Is Bitcoin really risky as they say?
Post by: Arenga pinnata on September 05, 2023, 12:10:22 AM
Everyone who studies the world of investment must understand that in this world all investments have their own risks. It's just that there are certain levels of risk in each different investment field.

But basically the risks that exist in every investment field can be minimized by developing our knowledge in the field we are going to enter.

Trust me if we invest in property that is said to have low risk. But for us it can be very high risk if we don't understand and study it first before entering it.

For example, if we buy property in a disaster-prone area. Then it's the same as us throwing away our money. Because the price will continue to fall. especially if it is land prone to landslides and so on. Which even the previous owner would have left behind.

But when we understand it properly and study it carefully first. Then we can minimize the risk as small as possible. Because we already know which ones have potential and which ones don't. Which ones are worth entering and which ones are not. Because basically investment is about seeing potential in the future.

So now we apply it in Bitcoin. Indeed, Bitcoin is also an asset that has a high level of volatility because its price fluctuates. And yes, this makes many people say that Bitcoin has a fairly high level of risk. But actually, some things are true and some are not.
Because it depends on how deep one's insight into bitcoin itself. If someone can enter Bitcoin investment at the right time after going through a lot of analysis and he has seen the potential in the future. So he can minimize the risk of loss because he entered at the right time. that is, when there is a decline. And then he plans to get out when the bull market comes.

But for beginners who don't study it in more depth. So they tend to enter without taking into account or without careful investment planning due to limited knowledge. This can make the beginner considered investing with high risk. Because he has entered in a field that he is not good at. So the conclusion is high risk is for those who enter in fields that they do not study. And the risk is low for those who enter a field they have mastered.


Title: Re: Is Bitcoin really risky as they say?
Post by: ThemePen on September 05, 2023, 02:06:50 AM
If anyone has knowledge. And he/she knows when they should enter in the market and when they should go out and when they should wait so for them Bitcoin is not risky. And if anyone has ability to hold assets so for him Bitcoin is not risky.
But if anyone don't have knowledge that when to buy and he/she gets panic when he/she see the loss so for them Bitcoin always be risky.

And in my point of view Bitcoin is the name of trust if you trust Bitcoin so Bitcoin never gives you loss. Just believe and hold.


Title: Re: Is Bitcoin really risky as they say?
Post by: Dunamisx on September 05, 2023, 07:46:52 AM
If anyone has knowledge. And he/she knows when they should enter in the market and when they should go out and when they should wait so for them Bitcoin is not risky. And if anyone has ability to hold assets so for him Bitcoin is not risky.
But if anyone don't have knowledge that when to buy and he/she gets panic when he/she see the loss so for them Bitcoin always be risky.

And in my point of view Bitcoin is the name of trust if you trust Bitcoin so Bitcoin never gives you loss. Just believe and hold.

Generally, bitcoin has risk but the risk is worth taking because we cannot say completely that it does not have risk, what does not have risk is something that will gives you guaranteed end result of your investment that you're not going to loose than earning some profits, do for someone who knows what he's doing with bitcoin, he sees bitcoin with no risk because he knows how to go about having a better experience with his understandings, but for a non knowledgeable person that makes mistakes and loose money will also believe it has high risk.


Title: Re: Is Bitcoin really risky as they say?
Post by: Finestream on September 05, 2023, 09:53:46 AM
Your knowledge on bitcoin depends your risk factors.. Lest say before venturing into bitcoin you are well aware of the risk associated with this investment so it will be better easier for you to reduce or minimize the risk with time or as you keep growing, those who focuses on the risk aspect of bitcoin never hold for long because they believed that they could lose the little profits they have made earlier and these sets of people quickly sells off when there seems to be little changes in the market without knowing is just a mere market correction.
Permits me to say that today's life or in real word scenario there is no investment that doesn't associates with risk either but the only way to reduced it is to apply the principles that governs the investments, So sincerely speaking bitcoin is not only risky but highly volatile.
In fact, its volatility makes it more risky to invest. People suffer from constant losses especially for those who are uninformed about it and can’t stand about its high volatility and price fluctuations. Furthermore, by investing into bitcoin without the right knowledge and proper attitudes towards investing, it will also increase the risk and become more susceptible into mistakes and losses.


Title: Re: Is Bitcoin really risky as they say?
Post by: yudi09 on September 05, 2023, 10:12:09 AM
Is Bitcoin really risky as they say?
The risk that is obtained from crypto is greater because there are so many types of crypto that are in the crypto space that end up being disposed of. In contrast to the risks contained in bitcoin. This difference is because Bitcoin has a clear vision.

Afraid of the risk of investing in crypto such as altcoins and shitcoins, choose bitcoin. As well as being good as an investment asset, bitcoin is also good as a long term hedge asset.
Still also afraid of the risks, means the crypto space is not a good place for such people.

-snip-
This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
I'm glad if you feel helped because of this forum. Many people feel the benefits of being here.
Hopefully you feel comfortable here because there are many who don't feel comfortable here for different reasons.


Title: Re: Is Bitcoin really risky as they say?
Post by: Taskford on September 05, 2023, 10:18:22 AM
Your knowledge on bitcoin depends your risk factors.. Lest say before venturing into bitcoin you are well aware of the risk associated with this investment so it will be better easier for you to reduce or minimize the risk with time or as you keep growing, those who focuses on the risk aspect of bitcoin never hold for long because they believed that they could lose the little profits they have made earlier and these sets of people quickly sells off when there seems to be little changes in the market without knowing is just a mere market correction.
Permits me to say that today's life or in real word scenario there is no investment that doesn't associates with risk either but the only way to reduced it is to apply the principles that governs the investments, So sincerely speaking bitcoin is not only risky but highly volatile.
In fact, its volatility makes it more risky to invest. People suffer from constant losses especially for those who are uninformed about it and can’t stand about its high volatility and price fluctuations. Furthermore, by investing into bitcoin without the right knowledge and proper attitudes towards investing, it will also increase the risk and become more susceptible into mistakes and losses.

They didn't examine well how the market move and if they could just research the latest news about bitcoin maybe their investment decision may became different and instead of deciding to hold they come up with doing some daily good trades. Bitcoin is a good coin but volatility is quite mysterious so if we don't want to get caught for something unexpected we should be more cautious on taking any decisions.


Title: Re: Is Bitcoin really risky as they say?
Post by: HONDACD125 on September 05, 2023, 10:55:49 AM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.

I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth

In my opinion, Bitcoin is currently considered the most secure of all crypto currencies. Well, crypto currency is a risky market, anything is possible and there are many things to keep in mind while investing. Here it is very important to know about Bitcoin and crypto currency market before investing. Investing in Bitcoin is not about blindly entering the market whenever you want.
This is why many people make the wrong entry and panic sell their assets at a loss when the market goes down and then blame Bitcoin for the loss of their investment in Bitcoin.


In fact, this platform is a useful platform for newbies where experienced people provide you with all the information you need about crypto currency, Bitcoin and more. From which many people are benefiting and gaining knowledge and experience about crypto. So newbies should get knowledge and experience from this platform like you and then go ahead and think about investing in Bitcoin or crypto currency, because wrong entry and investment in wrong coin can lead to loss.


Title: Re: Is Bitcoin really risky as they say?
Post by: Honyek on September 05, 2023, 11:10:39 AM
Bitcoin investment is risky. It is something that one will give careful thought before engaging oneself into it. In any bitcoin investment, one should expect to gain or loose, especially in the case of a short term investment. It is very vital to be watchful before engaging in any bitcoin investment generally. Make serious research to know the best avenues and sites to invest in, to avoid huge lose at the end of it all.


Title: Re: Is Bitcoin really risky as they say?
Post by: Humblevirus on September 05, 2023, 12:01:17 PM

 
Every investment involves risk, but the trust is that it will be so risky when you don't have proper knowledge before you invest in it. Many people who are saying that Bitcoin is very risky. I may say that maybe they have to get to understand Bitcoin properly. I agree that Bitcoin involves risk because of its volatility in nature and other scam activities that involve the cryptocurrency industry, but when you have good knowledge, you discover that Bitcoin doesn't involve that much risk because you will know how to keep your Bitcoin safe.


Title: Re: Is Bitcoin really risky as they say?
Post by: sokani on September 05, 2023, 01:19:22 PM
Well, every business investment comes with a risk but I think there's a lot of misconception about Bitcoin. Some person's first cryptocurrency investment was a ponzi scheme or some scam project that ended badly for them. So because of the scams and uncertainty attached to crypto investment some persons see Bitcoin as every other pump and dump coins.

Bitcoin is volatile asset but it's not like every other cryptocurrency. So I wouldn't call it a gamble or a risk because with proper knowledge of the market and discipline one can realize good returns of his investment.


Title: Re: Is Bitcoin really risky as they say?
Post by: Ever-young on September 05, 2023, 02:54:56 PM
Bitcoin is risky just like every other assets which has the volatility nature just as bitcoin do, the price up and down which is not stable and can’t be predicted is what make volatility appears to be risky and at the same time that’s what makes bitcoins assets to be profiting since it’s not stable in price it helps holder to benefit from the price change and make some profits.

Another thing which makes bitcoin appears to be risky is if one want to trade the coin in a hurry, I mean when you buy today and want to sell it off tomorrow but the price has dropped below what you bought it at, it has made you lose few cent from your invested amount which loss don’t not look so good in business.

Security is also what makes it appears to be risky, that this part is guaranteed base on individual, if you protect and keep your bitcoin wallet very well, then you will not have to worry about your funds security, but if you are careless with your phrase and other form of wallet security then your funds are likely to be misplaced and stolen by those who do not work for it and it will never come back to you again.

If one can learn how to manage the risk, then they can be less worried about bitcoin being risky or not.


Title: Re: Is Bitcoin really risky as they say?
Post by: Razmirraz on September 05, 2023, 03:01:00 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

It depends on where you stand and how much you understand Bitcoin technology. If you are unfamiliar with Cryptocurrency technology which has been widely discussed offline and online, of course you will consider Bitcoin investment to be high risk. But for those of us who have been on the Bitcointalk forum for a long time and are often involved in discussions about Bitcoin developments and already have knowledge of how to invest in Bitcoin, of course we will assume that there are many benefits that can be gained from investing in Bitcoin.
First learn the ins and outs of bitcoin starting from all its advantages and disadvantages, then compare it with the news you read in several articles on the internet. If you find something positive about Bitcoin investment, then you will place yourself among the people who view Bitcoin as a profitable investment.


Title: Re: Is Bitcoin really risky as they say?
Post by: Ojima-ojo on September 05, 2023, 03:35:21 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
Not that people sees Bitcoin as high risk,  Bitcoin and every other investments are high risks so we have to identify that fact so as to be able to coordinate our self through our bitcoin journey and avoiding possible loses that may come along the way.

Fact that bitcoin is highly volatile makes it risk also in high degrees.
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Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.
That is the truth,  because to be able to properly and adequately hienese the benefits that come along with the risk in bitcoin investment,  is based on the level of the knowledge of the investor.

Quote
I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.
 
Best form of investment is by buying Bitcoin and holding it in you wallet with your keys properly saved by you.


Then also there are other high risk Bitcoin activities that could help you earn more profits,  such as trading and gambling,  but both are even higher in risk than holding Bitcoin.
Quote
In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth
Bitcointalk have been a home for many of us who are seeking after knowledge on Bitcoin and its related discussions.


Title: Re: Is Bitcoin really risky as they say?
Post by: Mayor of ogba on September 05, 2023, 03:37:29 PM

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experienced losses because I lacked those vital principles one should understand even before investing. Also knowing when to sell out my investments for profit, permits me to say more of a paper hand(panic and sell when the price is down) and this should not be encouraged.
People can say that Bitcoin is risky because they failed to understand the volatile part of Bitcoin, they only rush to invest in Bitcoin with the mindset to get rich quickly because they saw a testimony of someone making a huge profit from Bitcoin investment without them knowing that the person had been holding Bitcoin for a long time. In the end, their investment in Bitcoin turned out not to be successful because they didn't get x2 or x3 of their investment and they ended up spreading false news against Bitcoin that it is risky to invest in Bitcoin.


Title: Re: Is Bitcoin really risky as they say?
Post by: Franctoshi on September 05, 2023, 04:01:38 PM
Yes, It is undeniable that investment in Bitcoin involves some amount of risk, but when you compare the risk factor which lies in its volatility side, and the benefits that we get from it, Generally, the Benefits outweigh the risks when you take a look at the problem it has come to solve in our society today and therefore it is worth taking an investment risk in BTC because it's minimal even when you compare it with fiat that has inflation risk.





Title: Re: Is Bitcoin really risky as they say?
Post by: CryptopreneurBrainboss on September 05, 2023, 05:35:03 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

To many, bitcoin is a high risk investment and this is mainly because of how volatile bitcoin market can become. Bitcoin price is very unstable which is why it's been tagged a high risk investment and considering how profitable bitcoin can become and also how easily it can be for investors to lose money when they don't understand how the market work, it's indeed a high risk investment. There are various ways which an investor can use to minimize the risk which one of the popular ways is investing through DCA but not everyone has the knowledge on this and that's why they keep losing to the market. Not everyone is used to the risk that come from investing because they're not used to investing before they heard about Bitcoin.

This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth

But here's the thing, not everyone has the privilege to know about the forum to get the same information that you have gotten here that has helped you to be this informed about the industry. This is why the forum is very vital in every investors life that have heard about bitcoin and what's to invest. The forum helps you stay informed and when you're an informed investor, you won't be scared about the market and then Bitcoin won't be as risky of an investment that it it to others because you'll be around experience investors that'll make your experience in the industry more secured.


Title: Re: Is Bitcoin really risky as they say?
Post by: CryptoHeadlineNews on September 05, 2023, 06:24:12 PM
Bitcoin investment is risky. It is something that one will give careful thought before engaging oneself into it. In any bitcoin investment, one should expect to gain or loose, especially in the case of a short term investment. It is very vital to be watchful before engaging in any bitcoin investment generally. Make serious research to know the best avenues and sites to invest in, to avoid huge lose at the end of it all.
On the contrary my friend, Bitcoin investment is just only one, and not as if there are many, but what we have are different exchanges and wallet where one can buy and hold his/her Bitcoin for the specified duration he intends to. But when we talk about loss in Bitcoin, what we mean is a small fraction of your capital (i.e decrease in respect to percentage) and not a whole of it, just like in the case of Ponzi schemes and many other online scams were many persons have fallen victim, which on that note, my advise to newbies will always be to use reputable exchanges to buy or sell your BTC (i.e Binance, Paxful, Coinbase & Luno), and not any upcoming platforms were its reputation is still under test, so as to avoid not losing fund.


Title: Re: Is Bitcoin really risky as they say?
Post by: nakamura12 on September 05, 2023, 06:32:51 PM
Owning a Bitcoin have risk because there are things that you need to do. These are the some of the things that a person should understand and know why it is also risky. First, is to keep your wallet safe and secured. Second, choosing the right wallet that you will use to store Bitcoin. Third, be wary of connecting your wallet to a website (if you don't mind, don't use main wallet yo connect to a website). Fourth, price of Bitcoin is not stable which means if you have $1000 worth of Bitcoin but the price decrease then you don't have $1000 but the amount of Bitcoin you have is still the same where it's value is different from before.


Title: Re: Is Bitcoin really risky as they say?
Post by: flyinghamster on September 05, 2023, 06:34:43 PM
Any investment has risk. Like all investments, Bitcoin is risky. Good research and purchasing at the right price at the right time are among the factors that reduce the risk of investments. For example, the risk you take when BTC is $ 65000 is not the same as the risk you take when it is $ 15000.

I'm planning to buy it until the new halving period. I started taking it when I was 30K, I continue to add as it drops. I invest regularly every month. Currently my average is 27K


Title: Re: Is Bitcoin really risky as they say?
Post by: Mpamaegbu on September 05, 2023, 06:39:10 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
I'm one of those who believe Bitcoin isn't risky when compared to altcoins. Those who think otherwise haven't deeply studied how Bitcoin works. For me, the only risk there would be making wrong entry or exit predictions while buying it. If we're referring to market dump as the risk Bitcoin can be thrown into or exposed to, then we should know that Bitcoin is like a cat with nine lives. It never dies. It has the ability of rising from its ashes. We've seen it rise from serious dump on several occasions during the bear seasons after each ATHs in the past.


Title: Re: Is Bitcoin really risky as they say?
Post by: Issa56 on September 05, 2023, 08:36:18 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
I agree with the people that say bitcoin investment is risky, but bitcoin is also less risky. If you are making bitcoin investments for a short period of time, it is kind of risky. If you are making investments in bitcoin for a long period of time, then I can say the risk associated with bitcoin is less compared to when you are investing for a short term or trading, but that does not mean that bitcoin is not risky and you should end up investing all your money in bitcoin. With every investment you make, there should always be a backup, and you shouldn’t invest all at once.

This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
The forum has really helped me a lot, and I can’t even mention the aspects in which I can say the forum has helped me, because I learned lots of things about bitcoin and cryptocurrency in general after joining the forum here, and the most interesting part is that all the things I learn on the forum here are for free, I didn’t pay anybody for that. The forum really helped me learn about bitcoin and cryptocurrencies faster.


Title: Re: Is Bitcoin really risky as they say?
Post by: chigo on September 05, 2023, 11:19:12 PM
risk for what? risks regarding liquidity? regulatory risks? risk regarding value? political risks? risk disappearing from the earth?

the conclusion is not only bitcoin which can be very risky even safe investment instruments such as government bonds, gold or deposits still have risks too, if you want your future to change then don't be afraid to take risks, so far bitcoin has tested its reputation and will never make you lose unless you do panic selling.


Title: Re: Is Bitcoin really risky as they say?
Post by: LogitechMouse on September 06, 2023, 05:18:45 AM
Quote
Re: Is Bitcoin really risky as they say?
At the end of it, it will all depend on how knowledgeable a particular person is.

A person who don't know anything about Bitcoin will really see it as a risky asset. A person tend to see Bitcoin as a risky asset at first when they first hear or learn it, but overtime, if they will try to learn it, research on it, and be interested on it, they will realize that it isn't as risky as they think at first place.

TBH, I saw Bitcoin as a bad asset when I was a newbie. It being volatile, and me being a newbie is a perfect recipe for that kind of mindset, but my curiosity got me. I did some research, and found out that it wasn't that risky at all as long as you know what you're doing. Overall, Bitcoin is risky only for people who have little to knowledge to it, and vice-versa.

~
This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
I will be a hypocrite if I will say that this forum helped me learn Bitcoin in different ways.

Aside from Youtube where I always watch documentaries regarding Bitcoin, reading some threads here in the forum really helped me as well. I'm not an avid reader, and I don't read that much, but when curiosity is there, you will do the things that you don't often do, and that includes reading here. TBH, I'm still reading some of the posts here from intelligent users because why not... I mean it's an additional information for all of us, right? :)


Title: Re: Is Bitcoin really risky as they say?
Post by: landheer on September 06, 2023, 05:59:50 AM
Investing in Bitcoin is of course very risky, and of course many people who invest in BTC experience losses, of course many will give up and end up no longer wanting to invest in BTC. and usually people who are successful in investing in BTC are people who don't give up and continue to seek knowledge and learn from experience even though investing in BTC has experienced losses.

So investing in BTC is very risky, that's why many people say that knowledge must be prioritized before investing in BTC.


Title: Re: Is Bitcoin really risky as they say?
Post by: G_Besar on September 06, 2023, 06:43:58 AM
risk for what? risks regarding liquidity? regulatory risks? risk regarding value? political risks? risk disappearing from the earth?
;D ;D ;D

Quote
the conclusion is not only bitcoin which can be very risky even safe investment instruments such as government bonds, gold or deposits still have risks too, if you want your future to change then don't be afraid to take risks, so far bitcoin has tested its reputation and will never make you lose unless you do panic selling.

It is clear enough about what you are saying that the importance of knowing the risks in any job has become the main thing before doing any work, including work in the crypto space itself. I also quite agree with the explanation you gave because as long as we don't panic and sell at a low price, then clearly there will be no losses, although the key is to be patient to wait for another increase and waiting and being patient is also part of the risk.

And actually everyone can take risks based on their abilities because if they take too many risks it can also create a heavier mental burden. Another example is when someone wants to invest in Bitcoin with the capital they have without feeling forced to do so with a larger amount of capital. Because when someone who starts to dare to put some capital into Bitcoin for investment, he is also directly able to bear the risk based on the amount of capital he uses.


Title: Re: Is Bitcoin really risky as they say?
Post by: SmartCharpa on September 06, 2023, 07:54:56 AM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.

I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth

You too have experienced losses, right? Those that mean you made an investment without being aware of the risk? It is impossible to invest in bitcoin for a long time and lose money; either you do it for a short period of time, or you do so without sufficient information. Those who view bitcoin as a danger believe that you cannot profit from it and that those who invest in it ultimately lose the most money are missing out on an opportunity. Even though there may be other ways they invest and fail, they may believe that investing in bitcoin will put them in the same position as they loose money. We cannot accomplish anything without understanding about it, as you mentioned; knowledge is wealth.


Title: Re: Is Bitcoin really risky as they say?
Post by: Popkon6 on September 07, 2023, 09:46:25 AM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.

I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth

Investing in Bitcoin depends on whether it is low or high. If the investment is done at the right time, the risk is low and if the price of Bitcoin rises, it is possible to get profit if it is sold at the right time.
But you have to understand that investing according to the market up and down is a good investment. I have invested in Bitcoin myself I don't think risk myself because I invested during Bitcoin Dip market due to which I have profit at present. Keeping bitcoins in a strong wallet and investing for a long time is better.


Title: Re: Is Bitcoin really risky as they say?
Post by: Questat on September 07, 2023, 11:51:00 AM
It is impossible to invest in bitcoin for a long time and lose money; either you do it for a short period of time, or you do so without sufficient information. Those who view bitcoin as a danger believe that you cannot profit from it and that those who invest in it ultimately lose the most money are missing out on an opportunity. Even though there may be other ways they invest and fail, they may believe that investing in bitcoin will put them in the same position as they loose money. We cannot accomplish anything without understanding about it, as you mentioned; knowledge is wealth.
The more think about risk, the more we get bothered about what we are going to do and most of the time it creates worries. I agree that we need to understand how Bitcoin investment works to avoid such emotional stress and doubts. Although we can't set aside that crypto investment is too risky but must try not to think about it instead, think about how to fit into the situation in order to avoid losses. Understanding the behavior of the market will help us calm and remain positive.


Title: Re: Is Bitcoin really risky as they say?
Post by: HONDACD125 on September 07, 2023, 03:35:55 PM
Investing in Bitcoin is of course very risky, and of course many people who invest in BTC experience losses, of course many will give up and end up no longer wanting to invest in BTC. and usually people who are successful in investing in BTC are people who don't give up and continue to seek knowledge and learn from experience even though investing in BTC has experienced losses.

So investing in BTC is very risky, that's why many people say that knowledge must be prioritized before investing in BTC.

I think investing in Bitcoin is not as risky as you think. Profits and losses are an integral part of any investment. Of course, people will lose in Bitcoin too, but I don't think it would be fair to blame Bitcoin for that loss. .Anyone who invests without knowledge, without experience and without understanding the ups and downs of the crypto currency market will definitely be at a high risk of loss.

I don't think people who lost in Bitcoin will withdraw from Bitcoin investment but if they realize their mistake then they definitely invest in Bitcoin whenever they get a good opportunity. will I think the most successful people in Bitcoin investing are those who understand the market and enter in a good position and exit the market with a good profit. That's why I think Bitcoin investment is risky if you don't know when to invest in Bitcoin and how to do it. It is very important to know about Bitcoin or any other investment before investing.However, in my personal opinion, Bitcoin investment seems very safe to me.


Title: Re: Is Bitcoin really risky as they say?
Post by: Xal0lex on September 19, 2023, 11:36:06 AM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.

I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth


Bitcoin is a high risk asset, this is true, but at the same time the degree of risk of bitcoin investment lies in the term of investment. Most people who lose money on bitcoin have a small investment period, up to 1 year. This is just about the least effective period of bitcoin ownership. The only exceptions may be during bull run periods, as was the case in 2020-2021. In other periods, the use of short and medium-term strategies is unprofitable and ineffective. The beauty of bitcoin is precisely in the long-term strategy, where your coins can lie around for at least 3 years without any action. It is this behavior that reduces the risks of owning such a high-risk asset as bitcoin.


Title: Re: Is Bitcoin really risky as they say?
Post by: inthelongrun on September 19, 2023, 12:16:53 PM
If someone wants to invest and hold bitcoin for only a short-term period then it is indeed very risky. The price history of bitcoin in the previous years speaks for it. Financial analysts call bitcoin risky for some reason. We need to invest with long-term goals and be able to hold in spite of small ups and downs if we want to earn big profits. That is why it is very important to invest using only a part of our extra savings otherwise we could be forced to sell at a low price when an unexpected financial downturn happens.


Title: Re: Is Bitcoin really risky as they say?
Post by: icalical on September 19, 2023, 02:02:30 PM
~

I think investing in Bitcoin is not as risky as you think. Profits and losses are an integral part of any investment. Of course, people will lose in Bitcoin too, but I don't think it would be fair to blame Bitcoin for that loss. .Anyone who invests without knowledge, without experience and without understanding the ups and downs of the crypto currency market will definitely be at a high risk of loss.


Well, compared to other assets such as real estate property or bond, Bitcoin is definitely a lot riskier, but the reason is mainly because the volatility is still high, and it's not something thath is totally bad, because it means that Bitcoin is not simply high risk, but also high return. Other reason why Bitcoin is considered to has higher risk is might be that because Bitcoin is fairly new compared to other investment, investor still trying to figure out the nature of the market


Title: Re: Is Bitcoin really risky as they say?
Post by: $crypto$ on September 19, 2023, 02:13:26 PM
If someone wants to invest and hold bitcoin for only a short-term period then it is indeed very risky. The price history of bitcoin in the previous years speaks for it. Financial analysts call bitcoin risky for some reason. We need to invest with long-term goals and be able to hold in spite of small ups and downs if we want to earn big profits. That is why it is very important to invest using only a part of our extra savings otherwise we could be forced to sell at a low price when an unexpected financial downturn happens.
Short-termism is not a solution to investing in bitcoin but there is a risk that they will lose half the value due to the decline in the price of bitcoin due to cyclical or other factors.
I think almost all investments must have risks depending on how much time he determines, but in bitcoin there is always high volatility that any price can fall, at least investing in bitcoin for 4 years and above will produce better results.

So it's pretty clear if anyone asks bitcoin is risky? Then I will answer yes


Title: Re: Is Bitcoin really risky as they say?
Post by: isaac_clarke22 on September 19, 2023, 03:03:58 PM
Well, compared to other assets such as real estate property or bond, Bitcoin is definitely a lot riskier, but the reason is mainly because the volatility is still high, and it's not something thath is totally bad, because it means that Bitcoin is not simply high risk, but also high return. Other reason why Bitcoin is considered to has higher risk is might be that because Bitcoin is fairly new compared to other investment, investor still trying to figure out the nature of the market
Yeah, but the good thing at the same time is that Bitcoin is decentralized. It is just riskier since there are plenty of factors that contribute to its volatility. The hypes, the news and all those things that can affect people's decision in investing in Bitcoin.

It is just that even if it volatile, as long as it's not your house/land invested to crypto not just Bitcoin, you're gucchi.



Title: Re: Is Bitcoin really risky as they say?
Post by: AYOBA on September 20, 2023, 01:07:52 PM
How some people are talking about Bitcoin so far is not like that because some people invest in Bitcoin with money that they cannot afford to lose. we are all aware that Bitcoin carries risk, but still, we can compare it with other investments. Some investments are more risky than Bitcoin. But for me, I don't mind. Sometimes If you don't take a risk, you won't succeed.


Title: Re: Is Bitcoin really risky as they say?
Post by: Crypto Library on September 20, 2023, 01:25:13 PM
In my opinion, wherever you go for invest, there will be risk in every case. I won't say that Bitcoin investment is risk-free but Bitcoin investment is much better to reduce risk than investing in other alternative coins or tokens what ever you say.
There is still a lot of negative speculation about Bitcoin in people, if I talk about my own country here it has been declared illegal plus most people think it is only used for crime. So here people automatically think it's risky. However, if these things are excluded, if there is no fundamental knowledge in the case of bitcoin investment and panic sale while doing short-term trading, then it is definitely high risky for them. I will suggest those to invest in Bitcoin who have the much patience Just identify the support zones and make DCA for holding BTC. If they invest like this, it can be called low risk. The future of Bitcoin is very bright. In terms of long-term holding, I think it is possible to gain profit. Especially this time halving and the moment before halving because according to records Bitcoin bullrun can be seen immediately after.


Title: Re: Is Bitcoin really risky as they say?
Post by: Maslate on September 20, 2023, 08:39:07 PM
I believe all investments have their certain risks, it’s just that bitcoin has higher risks more than others. That is the reason why bitcoin should be dealt with more caution and persistence. Otherwise, if you invest bitcoin as easy as other investments, and don’t even know how to manage the risks and overcome them, you will never be successful with bitcoin. Bitcoin is highly risky but it’s also capable to give you high and satisfying results, and at some point can make your life turns like roller coaster.


Title: Re: Is Bitcoin really risky as they say?
Post by: HONDACD125 on September 21, 2023, 06:46:06 AM
~

I think investing in Bitcoin is not as risky as you think. Profits and losses are an integral part of any investment. Of course, people will lose in Bitcoin too, but I don't think it would be fair to blame Bitcoin for that loss. .Anyone who invests without knowledge, without experience and without understanding the ups and downs of the crypto currency market will definitely be at a high risk of loss.


Well, compared to other assets such as real estate property or bond, Bitcoin is definitely a lot riskier, but the reason is mainly because the volatility is still high, and it's not something thath is totally bad, because it means that Bitcoin is not simply high risk, but also high return. Other reason why Bitcoin is considered to has higher risk is might be that because Bitcoin is fairly new compared to other investment, investor still trying to figure out the nature of the market

Fluctuation in Bitcoin price is a part of crypto currency market and because of this fluctuation people invest in Bitcoin, because that is why they can get a good profit, but experience is very important.If one does not see the price fluctuation in an investment, there is no point in investing there. Our investment objective is to buy at a low price and sell at a reasonable profit when the price rises.


Of course, Bitcoin will be riskier than real estate or bonds, but the rate of return on Bitcoin is much better than investing in bonds and real estate.I don't think investing in real estate or bonds is bad, they are also good investments .It is true that many people still do not know anything about Bitcoin, and because of this ignorance they are afraid to invest in Bitcoin, but people who are well informed about Bitcoin, and Aware of Bitcoin's potential and how much profit they can get from investing here in the future, they prefer investing in Bitcoin over real estate and bonds.


Title: Re: Is Bitcoin really risky as they say?
Post by: AakZaki on September 21, 2023, 05:35:50 PM
Yeah, but the good thing at the same time is that Bitcoin is decentralized. It is just riskier since there are plenty of factors that contribute to its volatility. The hypes, the news and all those things that can affect people's decision in investing in Bitcoin.

It is just that even if it volatile, as long as it's not your house/land invested to crypto not just Bitcoin, you're gucchi.
In fact, volatility in crypto is important and an advantage for those who can take advantage of it. With high volatility, price movements are fast and it will be a place to make good fast trades, providing profits from every price movement. This will be dangerous for those who do not understand and understand how the crypto market works. They can even make long-term investments with profits of hundreds to thousands of percent if they invest in the right coins like Bitcoin. The important thing is that the money used is free money and not used for any future purposes.


Title: Re: Is Bitcoin really risky as they say?
Post by: Zeldelima on September 28, 2023, 06:51:05 PM
Like anything yes it has its inherent risks- Bitcoin's value is partly dependent on its adoption as a form of currency or store of value. There's no guarantee that it will achieve widespread adoption, and regulatory changes or technological challenges could hinder its growth.


Title: Re: Is Bitcoin really risky as they say?
Post by: BitcoinPanther on September 28, 2023, 07:52:02 PM
How some people are talking about Bitcoin so far is not like that because some people invest in Bitcoin with money that they cannot afford to lose. we are all aware that Bitcoin carries risk, but still, we can compare it with other investments. Some investments are more risky than Bitcoin. But for me, I don't mind. Sometimes If you don't take a risk, you won't succeed.

The only risk Bitcoin investor have in Bitcoin investment is being impatient and uninformed.  Even with high volatility of Bitcoin market, we have seen in its price chart history that Bitcoin can recover and even create another all time high in every four-year cycle.  So looking at that scenario and learning about the cyclical pattern of Bitcoin,  the only way to mitigate risk is being patient and wait for the market to become bullish.  Exercising patient can make us avoid unnecessary losses due to panic selling but if we have the knowledge and patience, Bitcoin investment is not that really risky at all.


Title: Re: Is Bitcoin really risky as they say?
Post by: Vaculin on September 28, 2023, 08:40:25 PM
We all know the high risk that is associated with bitcoin but it will be a lot high risky if you invest in bitcoin without making yourself knowledgeable about it. Yes, knowledge is power and without knowledge you are doomed. However, if you are aware of its risk and you know exactly how to mitigate it, then it will be easier for you to overcome it and still end up successful and profitable with bitcoin.


Title: Re: Is Bitcoin really risky as they say?
Post by: Rockstarguy on September 28, 2023, 09:02:33 PM
How some people are talking about Bitcoin so far is not like that because some people invest in Bitcoin with money that they cannot afford to lose. we are all aware that Bitcoin carries risk.
This where people do have problem they buy bitcoin with what they can not afford to lose, by the time they noticed the market is not like what they think it will be so late for them and they put the blame on Bitcoin. The reason why people fall into this trap is because they just rush into investing just because they want to make money from bitcoin without knowing bitcoin is risky and volatile.

Bitcoin is a go investment but people go about  it in the wrong way which ends up in regret. If people should learn about bitcoin their won't be complications in the investment of bitcoin.


Title: Re: Is Bitcoin really risky as they say?
Post by: kawetsriyanto on September 29, 2023, 01:52:11 PM
In fact, volatility in crypto is important and an advantage for those who can take advantage of it. With high volatility, price movements are fast and it will be a place to make good fast trades, providing profits from every price movement. This will be dangerous for those who do not understand and understand how the crypto market works. They can even make long-term investments with profits of hundreds to thousands of percent if they invest in the right coins like Bitcoin. The important thing is that the money used is free money and not used for any future purposes.
Indeed. High volatility in crypto makes people to have a chance for higher profits. If there is no high volatility, there will be no significant change in crypto prices. Sure, the high volatility is also an advantage for the traders, they can earn fast profits because there is a big movement in crypto prices in the short time. So, the volatility is surely the advantage if people know how to deal with the volatility. However, for the beginners who don't understand how to deal with the volatility, it can became the big risk for their trading or investment. There are many beginners who feel panic when the prices of the coins are decreasing much. Then, they do panic selling and exit the crypto space.

Regarding the money to use for crypto investment, surely it should be the money that we can afford to lose it. It is a common advise that we can often see to the people who still don't understand it. Since it the target for the long term and no guarantee about the profits, it is a big mistake if we use the money that we use for our basic needs/necessities.



Title: Re: Is Bitcoin really risky as they say?
Post by: ancafe on September 29, 2023, 04:04:20 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
It depends on the knowledge you have and in my opinion if Bitcoin is invested correctly the risk can be controlled. For example, when bitcoin is in a sharp decline, all you need to do is be calm and not panic in that condition so there is no risk of anything happening.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.
There are many advantages to bitcoin so that is why people choose to invest in bitcoin at this time and perhaps there are not many other investments that have the advantages that bitcoin has. As far as I know bitcoin is one of the media that can bring someone to achieve financial freedom if executed correctly.

I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.
Differences in treatments are normal and the most important thing is that people can get benefits when involved in them. It is this benefit function that needs to be studied so that when people are involved in investing, they do not experience losses caused by the user's own mistakes. It's so easy to get involved in investment and all we need is money and knowledge, if we have this then the impact of investing in bitcoin will be very big towards anyone involved in it.


Title: Re: Is Bitcoin really risky as they say?
Post by: darkangel11 on September 29, 2023, 08:07:33 PM
In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

This means you aren't an investor but a trader. You thought you were trying to invest, but in reality you were trying to trade and knew nothing about it, which is why you lost money.
You may feel like I'm being harsh, but that's the truth. Many bitcoin investors start in the space thinking they're going to be the next OG, they'll go all in, bitcoin will go up by 50% and they'll sell it. They saw kids on youtube bragging about it and showing off their cars so this has to be easy, right? RIGHT? Then you see a 5% loss and you sell to confirm it. You take that loss in panic, then think about what you've done and go to forums to tell everyone about it, how risky it is and how you lost money.


Title: Re: Is Bitcoin really risky as they say?
Post by: Wakate on September 29, 2023, 09:03:25 PM
How some people are talking about Bitcoin so far is not like that because some people invest in Bitcoin with money that they cannot afford to lose. we are all aware that Bitcoin carries risk, but still, we can compare it with other investments. Some investments are more risky than Bitcoin. But for me, I don't mind. Sometimes If you don't take a risk, you won't succeed.
I think when we say Bitcoin is a risky investment, maybe some persons do not still understand what that really means. Bitcoin is a risky investment because investing in Bitcoin involves finance and if we don't follow the rules and what we ought to do, we might end up losing big from the market.

There are people that trade Bitcoin and there are others that are only interested in buying and holding for a long time before they can sell and make profits from the market. There are people that invest and trade Bitcoin at the same time and they are able to do that because they have the skill and enough knowledge to back up there decisions. That is what we need to be able to make profits from Bitcoin since it's a financial decision and any mistake can lead to a big loses..


Title: Re: Is Bitcoin really risky as they say?
Post by: taufik123 on September 29, 2023, 10:58:03 PM
-snip-
There are people that trade Bitcoin and there are others that are only interested in buying and holding for a long time before they can sell and make profits from the market. There are people that invest and trade Bitcoin at the same time and they are able to do that because they have the skill and enough knowledge to back up there decisions. That is what we need to be able to make profits from Bitcoin since it's a financial decision and any mistake can lead to a big loses..
Those who do short-term trading realize that Bitcoin or any other crypto is highly volatile so this would be a good place to make profits.
But that only applies to those who know the science of trading and for those who are beginners, it is not recommended to enter without any knowledge.

Short-term or long-term is a choice of which one is suitable.
Long-term investment will be safer for even beginners because the target price is still quite far away and more relaxed.
But you must know when to enter and when to exit the market.

Mistakes that result in large losses due to a lack of understanding of how they trade or invest and uncontrolled use of capital.
The strategy used will also affect the final result.

Every investment is risky and has different levels of risk.
Bitcoin with high volatility that results in rapid price fluctuations is more risky.
 


Title: Re: Is Bitcoin really risky as they say?
Post by: mirakal on September 29, 2023, 11:28:35 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
I'm one of those who believe Bitcoin isn't risky when compared to altcoins. Those who think otherwise haven't deeply studied how Bitcoin works. For me, the only risk there would be making wrong entry or exit predictions while buying it. If we're referring to market dump as the risk Bitcoin can be thrown into or exposed to, then we should know that Bitcoin is like a cat with nine lives. It never dies. It has the ability of rising from its ashes. We've seen it rise from serious dump on several occasions during the bear seasons after each ATHs in the past.
However, for me, I believe Bitcoin is really risky but the weight of risk depends on how much you are capable enough to manage its risk. But I have to agree with you that if bitcoin is risky, altcoins are even riskier as they are. With their pump and dump scheme, at the end of the day what we see is that most of them have turned into dead coins except for those who have established their credibility on the market.


Title: Re: Is Bitcoin really risky as they say?
Post by: KingsDen on September 30, 2023, 07:16:46 AM
Re: Is Bitcoin really risky as they say?

Every asset that is volatile in nature is risky and bitcoin is not an exception. This is the reason there is a general rule for bitcoin investment and  even that of other assets like bonds and stocks that are volatile. The general rule is for you to invest what you are able to lose. This very rule has applied to bitcoin for a very long time, especially when bitcoin was relatively new.
But as time goes, bitcoin has gained more confidence and it has been proven that you can only lose in Bitcoin when you sell at loss. but if you have a very strong hand and hold, bitcoin will definitely reverse to profit unlike altcoins  which might not see another uptrend after a big dip

Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.

The essence of bitcoin is not to avoid taxes. Please, if you earn in bitcoin and your country taxes bitcoin earnings and transactions, please pay your tax.


Title: Re: Is Bitcoin really risky as they say?
Post by: powder1800 on September 30, 2023, 01:49:26 PM
"The only reason why bitcoin becomes risky is when you are trying to own or achieve it without the basic knowledge about bitcoin. You could have end up losing your money through scams or just by simply buying and selling at a very wrong timing, or when the market is not having a good market entry. However, if you acquire knowledge the you need before buying or investing into bitcoin, you could have done it with caution so won’t fall into its high risk of losing."

Indeed, knowledge is vital and an edge to everyone who thinks Bitcoin is a scam and unfair. Knowing the risks of trading and turning this into a salient key to keep going and having patience will surely lead you to success.

People have different perspectives on BTC, it differs on their experiences. If you are a first timer, definitely you'll be afraid. But as the time goes by, and you have gained knowledge in BTC, you'll realize that these RISKS are NOT A HINDRANCE, instead these will lead you to brighter opportunities to suceed and learn more.

And I hope, once we get enough knowledge and become a pro with BTC, we should learn to share them to those who also want to enter trading. Always remember, "sharing is caring."


Title: Re: Is Bitcoin really risky as they say?
Post by: ScamViruS on September 30, 2023, 02:13:00 PM
How some people are talking about Bitcoin so far is not like that because some people invest in Bitcoin with money that they cannot afford to lose. we are all aware that Bitcoin carries risk, but still, we can compare it with other investments. Some investments are more risky than Bitcoin. But for me, I don't mind. Sometimes If you don't take a risk, you won't succeed.
There are some investors who want to get multiple returns of their invested money overnight, and as a result, they invest all their money and become impatient to make profits, which exposes them to huge losses. And these gambler type investors are the ones who spread negative things. A patient investor who knows about Bitcoin, actually knows when to invest in Bitcoin is risky and when to invest in it is profitable. So those who are impatient and invest thinking Bitcoin is a money making machine may not actually hold Bitcoin in the end. They end their journey and incur losses.


Title: Re: Is Bitcoin really risky as they say?
Post by: Y3shot on September 30, 2023, 03:09:55 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
I'm one of those who believe Bitcoin isn't risky when compared to altcoins. Those who think otherwise haven't deeply studied how Bitcoin works. For me, the only risk there would be making wrong entry or exit predictions while buying it. If we're referring to market dump as the risk Bitcoin can be thrown into or exposed to, then we should know that Bitcoin is like a cat with nine lives. It never dies. It has the ability of rising from its ashes. We've seen it rise from serious dump on several occasions during the bear seasons after each ATHs in the past.
I think people sees Bitcoin to be risky because they are not doing the right things.  It is only one who doesn't have a source of income but invest in bitcoin and depending in the investment.  It is someone who invest all they have that will see bitcoin as being very risky but as for people who hold bitcoin and don't depend on bitcoin to make money so fast won't see bitcoin being risky.  Bitcoin is very risky for those who do not understand it, which seems to be be risky because they invest with no understanding. Bitcoin is not risky compare to some altcoins that has no value in the market, but bitcoin is safe to invest.


Title: Re: Is Bitcoin really risky as they say?
Post by: Mpamaegbu on September 30, 2023, 03:46:50 PM
~snipped~
It is someone who invest all they have that will see bitcoin as being very risky...
Even having that type of investment mindset won't ordinarily be a problem if those investing are getting in at demand zone or POI (Point of Interest). If they do, they will instantly be on a winning trade and there won't be any need for that anxiety of losing all that's invested. If anyone is assured of investing $1k and getting instant reward, of course they would do it; even if it means selling their stuff to achieve that. Sadly, no genuine investment is like that.

Quote
...as for people who hold bitcoin and don't depend on bitcoin to make money so fast won't see bitcoin being risky.
These are the comfortable investors and most often they're the ones who benefit on the long run from hodling. Not many people think that way anymore as they see Bitcoin investment as a shortcut to wealth. Bitcoin isn't that, only Ponzi is.


Title: Re: Is Bitcoin really risky as they say?
Post by: Sexylizzy2813 on September 30, 2023, 04:26:13 PM
Bitcoin investment needs so much time and patience before you can be able to achieve something positive from it. Sometimes people don't really know how to relate with what they don't know, instead of asking for help or guidance they rather rush into it just because they've seen other people making profit from it. Nothing good comes easy. I still believe that everything we as humans engage in has to do with a lot of risk before we get to our goal.


Title: Re: Is Bitcoin really risky as they say?
Post by: pixie85 on September 30, 2023, 04:31:26 PM
However, for me, I believe Bitcoin is really risky but the weight of risk depends on how much you are capable enough to manage its risk. But I have to agree with you that if bitcoin is risky, altcoins are even riskier as they are. With their pump and dump scheme, at the end of the day what we see is that most of them have turned into dead coins except for those who have established their credibility on the market.

Bitcoin and altcoins are two completely different things. People only look at the protocols, blockchain, rewards, transaction speed, but they forget that bitcoin is the only crypto without a company or a real person behind it. Vitalik is dumping his ETH on investors which is why if you biu ETH or ADA or XRP you finance the company that launched it.

Bitcoin is something that you own 100% without any interference.

That's why bitcoin isn't risky at all. In the long run it goes up and if run scared every time it drops by 5% maybe you shouldn't buy it.


Title: Re: Is Bitcoin really risky as they say?
Post by: Rengga Jati on September 30, 2023, 08:25:04 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.
Every investment will definitely have risks. How big the risk is will depend on the individual doing it. Bitcoin can be both high and low risk. Yes, once again, how you prepare yourself to invest in Bitcoin, how you run it, and how you enter and exit, will also have an effect on Bitcoin. Not only that, what is your mental condition and mental readiness to invest will also influence how high the risk is.

If you enter Bitcoin without any preparation in terms of knowledge, finances and also mentally, it means you don't understand Bitcoin, which means it will be really high risk for you. However, when you are ready from various aspects, it will be lower risks. but still, there will be no zero-risk investment, whatever it is, not only Bitcoin, but all investments.


Title: Re: Is Bitcoin really risky as they say?
Post by: Odusko on September 30, 2023, 08:36:28 PM
Bitcoin in itself doesn't possess any risk if you are going to be holding Bitcoin for a long period let's say you are prepared to hold your Bitcoin for 5 years it must increase in its value, but if you are looking for quick profits and bug returns profits it then you may fall for scams that will end up taking your money on the long run.
Many of those who see bitcoin as highly risky are because of their lack of knowledge of what bitcoin is and how to manage themselves around it because Bitcoin in itself is self-sufficient enough and will produce a lot of potential results in the long run.


Title: Re: Is Bitcoin really risky as they say?
Post by: Y3shot on October 01, 2023, 09:09:49 AM
Bitcoin in itself doesn't possess any risk if you are going to be holding Bitcoin for a long period let's say you are prepared to hold your Bitcoin for 5 years it must increase in its value, but if you are looking for quick profits and bug returns profits it then you may fall for scams that will end up taking your money on the long run.
Many of those who see bitcoin as highly risky are because of their lack of knowledge of what bitcoin is and how to manage themselves around it because Bitcoin in itself is self-sufficient enough and will produce a lot of potential results in the long run.
Investing in Bitcoin is all about preparation to hodl for a long time to make profit,  when their is no preparation to hodl this is when bitcoin becomes very risky. When investors decides to hodl their bitcoin for a long time they are  not risking because they definitely know what they will gain from hodling. Risk taking is something that is uncertain about, that one is not sure what will be the end result of it. But for those who really know bitcoin they don't think of any risk because they are doing the right thing that they are sure of it will be profitable at the end of the investment.


Title: Re: Is Bitcoin really risky as they say?
Post by: Z390 on October 01, 2023, 11:12:16 AM
Bitcoin is risky if you don't know how to keep your wallet safe from bad actors, bitcoin is risky if you are the type that's like freebies if you are the type that like free offers online  it is possible that you will fall victim to scam and lost all your Bitcoin.

The truth is if you lost your bitcoin it is not the fault of the technology, it is your responsibility to make sure that nobody gets to your bitcoin wallet private key, it's meant to be private and that's why it starts with Private, I have been investing in Bitcoin for a very long time and I have also lost some Bitcoin in the process due to my lack of knowledge and till this day I have never for once feel like bitcoin is the problem.

It is those people that don't want to take responsibility in life that always feel like bitcoin is the problem, those type of people hardly do the right things in their life, they are the type of people that will never accept that they are the ones that make mistakes, and they will find someone else to put their blames on, the world is full of such people.

Bitcoin is not risky, people who lacks the understanding about Bitcoin are the one that falsely put the blame on Bitcoin, they sell when they should have bought, and they buy when they should be selling, they also call Bitcoin a scam because they don't understand it.


Title: Re: Is Bitcoin really risky as they say?
Post by: Yamifoud on October 01, 2023, 12:09:46 PM
Bitcoin in itself doesn't possess any risk if you are going to be holding Bitcoin for a long period let's say you are prepared to hold your Bitcoin for 5 years it must increase in its value, but if you are looking for quick profits and bug returns profits it then you may fall for scams that will end up taking your money on the long run.
Many of those who see bitcoin as highly risky are because of their lack of knowledge of what bitcoin is and how to manage themselves around it because Bitcoin in itself is self-sufficient enough and will produce a lot of potential results in the long run.
It is risky based on many reasons:
 - prone to hacking - this is one reason why people are afraid to hold their Bitcoin
 - volatility/unpredictable price - it means though we believe that Bitcoin price will rise, we are still not sure 100% if that really comes. \
 - use of scam sites/exchanges - we can lose our money anytime if not use reputable and legit sites

Ever since Bitcoin has been known for its high risk but it is manageable if we can deal with it right and really have faith. And most of all, if we have deep knowledge about this.


Title: Re: Is Bitcoin really risky as they say?
Post by: Usasauki2004 on October 03, 2023, 10:39:39 PM
A risk taker is a money maker. Bitcoin tends to be risky in all ramifications either you holding (using trusted and secured wallets with strong password in order to avoid penetration by other parties) or trading (which entails the use of technicals analysis, price action and indicators). But the risk can be minimise if you are loaded with the appropriate information (knowledgeable and experienced).

In a nutshell, if you are knowledgeable about bitcoin no matter how risky it is, you can always navigate your way out which will at last be advantageous to you.


Title: Re: Is Bitcoin really risky as they say?
Post by: Sexylizzy2813 on October 04, 2023, 02:20:08 AM
A risk taker is a money maker. Bitcoin tends to be risky in all ramifications either you holding (using trusted and secured wallets with strong password in order to avoid penetration by other parties) or trading (which entails the use of technicals analysis, price action and indicators). But the risk can be minimise if you are loaded with the appropriate information (knowledgeable and experienced).

In a nutshell, if you are knowledgeable about bitcoin no matter how risky it is, you can always navigate your way out which will at last be advantageous to you.

I really agree with what you said "a risk taker is a money maker" but don't forget about those who have the mind of taking risk but still on the losing side, when we take risk we also have to consider luck to be on our side because I don't see someone taking risk and doesn't have that luck with him/her.
And we can never minimize the risk involved in any crypto business, crypto is open to risk, it has to be there. That risk alone makes us to always be on guide should in case anything happens. And the informations we gather sometimes are the ones that put us into higher risk that we're trying to avoid.


Title: Re: Is Bitcoin really risky as they say?
Post by: barisbilgili on October 04, 2023, 12:53:53 PM
A risk taker is a money maker. Bitcoin tends to be risky in all ramifications either you holding (using trusted and secured wallets with strong password in order to avoid penetration by other parties) or trading (which entails the use of technicals analysis, price action and indicators). But the risk can be minimise if you are loaded with the appropriate information (knowledgeable and experienced).

In a nutshell, if you are knowledgeable about bitcoin no matter how risky it is, you can always navigate your way out which will at last be advantageous to you.
Yes, you are right, to be able to minimize the risks we face, we must have good knowledge about Bitcoin so that we can still handle it if something happens that we don't want, but in my opinion, behind all the risks we face, of course we can make profits as we hope. So before we start with a large amount of investment, we need to get used to small amounts so that we can understand it well and then try with whatever amount we want.


Title: Re: Is Bitcoin really risky as they say?
Post by: HajiBagi on October 05, 2023, 06:08:30 AM
Depends on how much you are invested with. If your monthly income is $5,000. You should not invest more than 10% of that in Crypto or any given asset. That's atleast what I recommend and if you are following that, nothing is really risky. And on the terms of risk, Bitcoin is much safer as compared to other shitcoins that exists in the Crypto market and on smaller exchanges which promises 1000% APY and things like that. You need to stay away from those.

You are correct, I believe, when you said that putting all of your money into bitcoin is like gambling on a subject you don't really understand. However, because bitcoin enables people to save money for the future, you should invest for a long time and sell your coins when the price increases to make a profit. However, you should always keep in mind that even when starting a business, it is not recommended to invest all of your money in it so that you won't encounter difficulties if the business did not succeed. In the same way, investing in bitcoin works similarly; before you do so, make sure you keep in mind that it is an investment and not something you buy and then sell the following day.

The most crucial thing for every person to do is to educate themselves about bitcoin before investing. You will hear a lot of people say that there is risk involved with it or that you should research it before getting involved, and those people are right because they have firsthand knowledge. They also want you to understand before you invest so that, if anything goes wrong after you do, you won't start spreading false information about it to other people. Since many individuals already understand how to manage bitcoin and how to profit from investments in it, despite the fact that certain people will always be opposed to it, many people are still interested in it.


Title: Re: Is Bitcoin really risky as they say?
Post by: Gallar on October 05, 2023, 07:04:50 AM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
Bitcoin does have risks and saying bitcoin has no risks is a wrong opinion. However, if it is said that Bitcoin has a very big risk, to be honest I also don't agree with that opinion. Because even though Bitcoin does have risks, these risks are very minimal and not too big. Especially if before buying bitcoin, study all the knowledge well first. That way I am sure the risk of buying bitcoin will be very minimal.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.
Bitcoin is indeed a very multipurpose asset. Because it can be used as a store of value, investment asset, and also a means of payment. But if you think bitcoin is a tax-free asset, in my opinion it all depends on the regulations of the government in each country. Because in the country where I live, currently ownership of crypto assets such as bitcoin is taxed. So if you say Bitcoin was bought to avoid taxes, I don't think that opinion can be balanced.

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing.
This happens because you might be too hasty and forget the whole process (learning) and go straight to the main point, namely buying, because you can't wait to immediately make or double your money. That way, even though Bitcoin has very minimal risks, if the knowledge is not studied well the results could not be good.


Title: Re: Is Bitcoin really risky as they say?
Post by: Adams0001 on October 05, 2023, 09:51:22 AM
Bitcoin in itself doesn't possess any risk if you are going to be holding Bitcoin for a long period let's say you are prepared to hold your Bitcoin for 5 years it must increase in its value, but if you are looking for quick profits and bug returns profits it then you may fall for scams that will end up taking your money on the long run.
Many of those who see bitcoin as highly risky are because of their lack of knowledge of what bitcoin is and how to manage themselves around it because Bitcoin in itself is self-sufficient enough and will produce a lot of potential results in the long run.
Investing in Bitcoin is all about preparation to hodl for a long time to make profit,  when their is no preparation to hodl this is when bitcoin becomes very risky. When investors decides to hodl their bitcoin for a long time they are  not risking because they definitely know what they will gain from hodling. Risk taking is something that is uncertain about, that one is not sure what will be the end result of it. But for those who really know bitcoin they don't think of any risk because they are doing the right thing that they are sure of it will be profitable at the end of the investment.

Bitcoin investment is not very risky if you know how to keep it,  Investing in Bitcoin can bring you a lot of money if you hold it for a long time and are patient with it, Bitcoin investment is less risky than trading because if you don't get knowledge on trading, you will losing money anytime but if you have ideas on it he will bring you quick money Trading generates money quickly, but it is more risky than holding your Bitcoin for a long time In my opinion, anyone who invests in Bitcoin will not lose money because they will keep it for long term and they will get huge profit at the end of it, is better someone should hold is Bitcoin then should be trading people that are trading on Bitcoin they have get knowledge on it and they don't care even if they lose because they know definitely they will get profit one day.


Title: Re: Is Bitcoin really risky as they say?
Post by: $crypto$ on October 05, 2023, 11:07:08 AM
Bitcoin isn't that risky if purchased and kept for long term. The only problem associated with this is where your Bitcoin is been kept.
It should not be stored on the exchange because it will have the same risk, sorry when the exchange has problems or bankruptcy then your assets cannot be withdrawn, maybe some have understood to avoid exchanges as asset storage.

It is safer to choose a hardware wallet to store long-term BTC, and store it well, especially the seed phrase.
Use hot wallets as short-term, because these wallets are also actually vulnerable to hacking if your computer is really compromised, this has happened a lot here.

IMO, the most secure way is a hardware wallet.


Title: Re: Is Bitcoin really risky as they say?
Post by: 2Pizza410000BTC on October 10, 2023, 08:39:23 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
~snip~
Yes of course Bitcoin is risky but it will totally depend on the user. First you invest from the immediate market then hold for a while, after holding the market goes down further and if you sell out of desperation you will lose. If you want to invest in Bitcoin, you must hold it until you make a profit. And especially if the wallet in which you invest is not kept safe then your investment will certainly become risky. To avoid this risk you must keep your wallet seed phrase in a very safe place so that people cannot steal it. If no one can steal then you are safe and bitcoin investment is not risky. To me Bitcoin investment is not risky at all.


Title: Re: Is Bitcoin really risky as they say?
Post by: Woodie on October 11, 2023, 05:23:28 AM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
We can't dispel this fact as risk is definitely there...if you don't use good security measures to protect your coins then risk of being hacked will exist, if you use a hot wallet and happen to use a computer to surf the internet the risk of being phished does exist, and the fact the scammers and hackers are out there looking for their next target..risk will always exist.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.
Store of value to avoid taxes can never be the understanding of store of value, afaik this is in the lines of holding or locking in value to avoid a local currency from further depreciation because of inflation or whatever reasons!!

I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.
Agreed.


Title: Re: Is Bitcoin really risky as they say?
Post by: Antotena on October 11, 2023, 06:59:25 AM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
~snip~
Yes of course Bitcoin is risky but it will totally depend on the user. First you invest from the immediate market then hold for a while, after holding the market goes down further and if you sell out of desperation you will lose. If you want to invest in Bitcoin, you must hold it until you make a profit. And especially if the wallet in which you invest is not kept safe then your investment will certainly become risky. To avoid this risk you must keep your wallet seed phrase in a very safe place so that people cannot steal it. If no one can steal then you are safe and bitcoin investment is not risky. To me Bitcoin investment is not risky at all.

Everything about bitcoin is risky but the most risky part of it is not doing back up of your seed phrase because you will not happy to see your bitcoin grow without been able to sell, that's the riskiest part of it. I once did same mistake with my phone that got spoiled and I'm yet to access that phone, it's always better to keep your back up intact and safe in different places.

Above all, bitcoin is not that risky as they use to say, if you understand what you are doing, you will enjoy bitcoin and everything it stand for provided you are not looking got quick money.




Title: Re: Is Bitcoin really risky as they say?
Post by: Crypt0Gore on October 11, 2023, 10:18:18 AM
Bitcoin only seem not risky for all those who are tech savvy, I am talking about people that get to know about Bitcoin in my surroundings, they get friendly with Bitcoin very fast, compared to those who are not into technology from scratch, lack of knowledge is why many people sees Bitcoin as a risky investment, they don't have a clue what it is that's why they are quick to judge.

Although some things are risky about Bitcoin, starting from keeping your private keys safe, and which wallet to use for the longevity, even how to buy Bitcoin is risky for anyone who doesn't know it, so yes risks are involved, but those who choose to stay away from Bitcoin need to be ask a question, firstly about what they do for living and if there is risks involved in their business or jobs.

Is there anything that is can bring money that doesn't have any risks? Even starting a business is risky, we are also living on borrowed time, having a heart in us is risky, going to work every blessed day and having to take transport down to work is risky, what is not risky in this life? Nothing.


Title: Re: Is Bitcoin really risky as they say?
Post by: EarnOnVictor on October 11, 2023, 02:00:24 PM
Bitcoin isn't that risky if purchased and kept for long term. The only problem associated with this is where your Bitcoin is been kept.
It should not be stored on the exchange because it will have the same risk, sorry when the exchange has problems or bankruptcy then your assets cannot be withdrawn, maybe some have understood to avoid exchanges as asset storage.

It is safer to choose a hardware wallet to store long-term BTC, and store it well, especially the seed phrase.
Use hot wallets as short-term, because these wallets are also actually vulnerable to hacking if your computer is really compromised, this has happened a lot here.

IMO, the most secure way is a hardware wallet.

I really support the use of hardware wallet when it ces to keeping of Bitcoin for long term purpose. Before I do use exchange to store my crypto saving but thanks to the forum, in which made me know the disadvantages of saving ones Bitcoin there.
You have a very good point, hardwallets are very good but are overrated as if they must only be used for our coins to be safe. Even these days, they could be susceptible to attacks if careless about them. The same goes for other non-custodial wallets as well as they are all safe depending on how we keep them and the size of the money in them. To buttress your point, if anyone doesn't have a big amount to store in addition to storing it for a longer period of time, I see no reason for the hardware wallet, why waste the money?

I distribute my assets in non-custodial wallets aside from hardwallets and I've never had any reason to lose my money till now. I might consider the a hardwallet later after the next bull run, but for now, there is no reason for it.


Title: Re: Is Bitcoin really risky as they say?
Post by: Ludmilla_rose1995 on October 11, 2023, 02:32:26 PM
Yes, It is undeniable that investment in Bitcoin involves some amount of risk, but when you compare the risk factor which lies in its volatility side, and the benefits that we get from it, Generally, the Benefits outweigh the risks when you take a look at the problem it has come to solve in our society today and therefore it is worth taking an investment risk in BTC because it's minimal even when you compare it with fiat that has inflation risk.

just saving fiat money has a much bigger risk than saving bitcoin, you won't know how much the fiat money you have will be worth in the next few years, but not many people realize that, so far I see people are still afraid to invest in bitcoin, they are afraid because they don't have good knowledge about bitcoin, it's really worrying.


Title: Re: Is Bitcoin really risky as they say?
Post by: DaNNy001 on October 11, 2023, 10:30:38 PM
Yes, It is undeniable that investment in Bitcoin involves some amount of risk, but when you compare the risk factor which lies in its volatility side, and the benefits that we get from it, Generally, the Benefits outweigh the risks when you take a look at the problem it has come to solve in our society today and therefore it is worth taking an investment risk in BTC because it's minimal even when you compare it with fiat that has inflation risk.

just saving fiat money has a much bigger risk than saving bitcoin, you won't know how much the fiat money you have will be worth in the next few years, but not many people realize that, so far I see people are still afraid to invest in bitcoin, they are afraid because they don't have good knowledge about bitcoin, it's really worrying.

Saving the two money is quite risky but I believe there is a level to the risk level to saving the two currency. One has the ability to accumulate value even when it's value reduces over time when the other depreciation with time because the fiat is just a one way journey of steady decline in the price and value of the currency. Bitcoin however it's different because of its ability to serve as a store of value, 1bitcoin remains 1btc despite the storm and tribulation that encounters it.


Title: Re: Is Bitcoin really risky as they say?
Post by: Kelward on October 12, 2023, 03:32:56 PM


Is there anything that is can bring money that doesn't have any risks? Even starting a business is risky, we are also living on borrowed time, having a heart in us is risky, going to work every blessed day and having to take transport down to work is risky, what is not risky in this life? Nothing.

In every aspect of life there is always risk involved, not only in monetary matters. If you want to cross a busy expressway and you don't take your time to calculate the speed of vehicles before crossing, then the probability of being hit by a speeding vehicle is very high. Same thing applies in bitcoin, anybody that wants to engage in it's trading or investment should have accurate knowledge of how it's done and take into account of the risks involved too, because bitcoin is decentralized and you can't hold anybody responsible for any lose or mistakes.

I can not access my first bitcoin wallet till today because of ignorance. I had some btc in it and after some months when I wanted to sell it, I realized that I have misplaced the sheet of paper where I wrote my passwords and seed phrase. I still look at the btc from time to time in the wallet but I can not access it. So the bottom line for me is to acknowledge the risks involved in anything that I'm doing and try to avoid being a victim of it's consequences.


Title: Re: Is Bitcoin really risky as they say?
Post by: Baki202 on October 12, 2023, 07:11:40 PM
I believe all investments have their certain risks, it’s just that bitcoin has higher risks more than others. That is the reason why bitcoin should be dealt with more caution and persistence. Otherwise, if you invest bitcoin as easy as other investments, and don’t even know how to manage the risks and overcome them, you will never be successful with bitcoin. Bitcoin is highly risky but it’s also capable to give you high and satisfying results, and at some point can make your life turns like roller coaster.
Even though everyone claims that bitcoin has risk, i only see risk when caution is not taken. However, if you take the proper precautions, it will help keep your money safe out of trying something new. It is better to not try what you don't understand than to be ready to lose money, and if you want a satisfying result, you must be prepared to play by the rules. It is true that all investments carry some risk, but they all carry more risk than themselves. And when the day is over, you will be content. Because when you see the decision some people make towards their assets you will pity them.







Title: Re: Is Bitcoin really risky as they say?
Post by: Youngkhngdiddy on October 12, 2023, 10:40:31 PM
Even though everyone claims that bitcoin has risk, i only see risk when caution is not taken. However, if you take the proper precautions, it will help keep your money safe out of trying something new. It is better to not try what you don't understand than to be ready to lose money, and if you want a satisfying result, you must be prepared to play by the rules. It is true that all investments carry some risk, but they all carry more risk than themselves. And when the day is over, you will be content. Because when you see the decision some people make towards their assets you will pity them.

   I agree with you on taking caution while trading, also to have the knowledge of the type of investment you’re getting into before actually investing in it. This will help brighten up your knowledge about Bitcoin and trading as whole. Ignorance will only be the end of most newbies cause they feel since everyone is talking about it they just want to follow the crowd without proper coaching and learning the basic concepts of crypto. Yes you still have to do your homework if you really what to be on right track in the crypto space. It’s is very much easy to learn now that we have YouTube to help.
   There is no business or investment that is less risky than the other, I feel the risk taking is when you finally decide to make the bold step of starting the business. Bitcoin is of no exception, it’s a business of profit and lost. Lack of proper regulation will see your lost in crypto trading if you don’t trade with caution and discipline. One of things that cause this indiscipline is greed, once you start developing this trait in trading it will cost you your money. Some traders had to learn the hard cause of greed, the experience of some traders I’ve made me realize that I need to do my own homework if I want to succeed in the space.


Title: Re: Is Bitcoin really risky as they say?
Post by: nurilham on October 14, 2023, 09:50:45 PM
just saving fiat money has a much bigger risk than saving bitcoin, you won't know how much the fiat money you have will be worth in the next few years, but not many people realize that, so far I see people are still afraid to invest in bitcoin, they are afraid because they don't have good knowledge about bitcoin, it's really worrying.
Actually, both are almost the same, we don't know how much they will be worth in the future. I think the best way is to have some sources for our future, we have saving with fiats and also have investments (Bitcoin, Gold, Land, etc). So, when fiats will have no good value in the future, we still have other sources. Don't rely our future with a single thing only, it is better to have some alternatives. I also don't want to rely on Bitcoin only although people assume Bitcoin is safe for the future. I'm sure there will be always something unpredictable in the future. We need to anticipate it with some options.



Title: Re: Is Bitcoin really risky as they say?
Post by: Smartvirus on October 14, 2023, 10:56:49 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.
Avoid taxe you say? I doubt that is a major consideration for bitcoin investors. Don’t forget that even not having to declare your worth, both in Bitcoin and the asset you hold to your name is considered taxe evasion and that is punishable by law.
I find much people lashing into Bitcoin because of it’s decentralized nature, as a new means of finance and see it for an evolution for the future of finance so, why shouldn’t you! Despite the energy government keeps pulling on citizens of the world, it continues to gain popularity and that to day, there is more to it than being any risky investment.

Those who still get scared have got some inexperienced down times with the currency, are ignorant of it or way too traditional to change. There is a lot that one could benefit from Bitcoin and it’s never an avenue to evade taxes.


Title: Re: Is Bitcoin really risky as they say?
Post by: odunybiz on October 18, 2023, 11:13:06 PM
Bitcoin isn't that risky if purchased and kept for long term. The only problem associated with this is where your Bitcoin is been kept.


Title: Re: Is Bitcoin really risky as they say?
Post by: HelliumZ on October 19, 2023, 12:44:45 AM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.

I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth
There is some risk in every investment, there is no investment without risk. Anywhere you invest, say Bitcoin or say real estate property, you have to take risks. Yes, but if you invest in Bitcoin, you don't have to take the same amount of Risks that you would take in other sectors when it comes to Bitcoin. After investing you have to take more ricks because the ricks of your wallet security system is more than your investment. If you invest but don't take the security of your wallet seriously, your investment must be logical. But before every investment you must learn, understand and know the investment well. If you invest only on people's words or without research yourself, your investment will definitely be at risk.


Title: Re: Is Bitcoin really risky as they say?
Post by: zaim7413 on October 19, 2023, 03:38:04 AM
There are benefits, there are also risks, that is what is called investment. Most people view Bitcoin from a negative side because they never know to what extent Bitcoin can enable them to reap big profits as long as they know how to invest safely there.
It's true, Bitcoin investment has high risks, you can lose money overnight due to high volatility, but this risk can be overcome by properly understanding how to invest safely in Bitcoin. The wider development of Bitcoin should open their eyes to the positive side that can be generated from Bitcoin. If there was nothing of value to be gained from investing in Bitcoin, there would be no way Bitcoin would be as popular as it is today.


Title: Re: Is Bitcoin really risky as they say?
Post by: CageMabok on October 19, 2023, 05:43:14 AM
There are benefits, there are also risks, that is what is called investment. Most people view Bitcoin from a negative side because they never know to what extent Bitcoin can enable them to reap big profits as long as they know how to invest safely there.
It's true, Bitcoin investment has high risks, you can lose money overnight due to high volatility, but this risk can be overcome by properly understanding how to invest safely in Bitcoin. The wider development of Bitcoin should open their eyes to the positive side that can be generated from Bitcoin. If there was nothing of value to be gained from investing in Bitcoin, there would be no way Bitcoin would be as popular as it is today.
Actually, not to lose money overnight when investing in Bitcoin is quite easy, everyone just has to apply more patience to themselves and never sell Bitcoin when the price is decreasing. I think that's all that investors who don't want to lose through Bitcoin investment should do, because as has been seen in every cycle, Bitcoin can always increase again and again after experiencing a price decline. So there's no harm in waiting and being patient to see the best price on Bitcoin, but at the moment some people still can't get rid of the panic in their own heads when they see the price drop in Bitcoin.


Title: Re: Is Bitcoin really risky as they say?
Post by: Rupok on October 19, 2023, 06:43:07 AM
Bitcoin has never been risky but seems risky to those who don't know about Bitcoin and have no knowledge of how to use Bitcoin.  People who are new to Bitcoin see Bitcoin as high risk, but experienced people disagree with the risk. Bitcoin is always safer than other altcoins.  In order to invest in bitcoins one must have knowledge about bitcoins, those who don't know about bitcoins I would say should not invest in bitcoins.  But I never recommend anyone to invest all their money in Bitcoin. You can invest 20% of all your money.


Title: Re: Is Bitcoin really risky as they say?
Post by: reagansimms on October 19, 2023, 07:52:05 AM
Fear occurs due to not having knowledge. Anyone will feel that anything related to money without mastering the knowledge of a trusted place to put their money will be considered the riskiest place even though they realize they can get a lot of profit from it. Bitcoin is also a high-risk investment, but you can also get many benefits from Bitcoin if you are able to master the correct and safe investment procedures. I prefer that new investors who start investing in Bitcoin start by learning all the links to investment procedures so that they don't easily draw negative conclusions about Bitcoin investment.


Title: Re: Is Bitcoin really risky as they say?
Post by: Peanutswar on October 19, 2023, 08:06:41 AM
...
I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

Before committing an investment there's a lot of things that nee to get considered like a basic understanding how does bitcoin works, what are the concept of it, and possible ways to earn, you will not jump in into an investment without knowing the things you want to invest with. Doing a large amount of investment without prior knowledge is a foolish idea like you are just giving money to other people.

Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth

You can learn a lot here in the community, just visit the tread you want to learn with, and of course those learning must need to be shared here too, There nothing wrong sharing ideas and to validate our thoughts too.


Title: Re: Is Bitcoin really risky as they say?
Post by: Hypnosis00 on October 19, 2023, 01:41:33 PM
Most of the time we just find out that Bitcoin investment is too risky when we already experienced getting hacked. Most of the time we appreciate how to value security when we already lose control of our wallet keys/password. Generally, most of us don't anticipate such a situation until the time we experience it. Because no matter what we say or spread awareness to the community, only a few people believe it while the majority just pass it by.

In fact, Bitcoin has been known not only for being a profitable investment but also because of its volatility and high-risk investment.


Title: Re: Is Bitcoin really risky as they say?
Post by: JunkieMiner on October 19, 2023, 02:03:44 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
If they say Bitcoin is risky, you can ask them which investment has no risks. People with no knowledge about the sector will always spread lies or rumors. In most cases people don't know the difference between Bitcoin and altcoins they assume that cryptos are the same. Just like every other business, investing in Bitcoin has some level of risk. That is why it is important to invest only what you can live without or what you can bear if there is any loss. 

Risks are everywhere in crypto, not only in bitcoin, and these people are just not aware of the crypto what is inside the crypto, and how it behaves. Most users just see crypto from the outside and as we all know seeing something from the outer side can't give full information about that thing unless or until someone doesn't look at its inside and interior. One should check what is crypto and how one can deal with it. The conclusion is we should not even listen to them. We should just take opinions from these and do whatever we want and in what we have some benefits.


Title: Re: Is Bitcoin really risky as they say?
Post by: Renampun on October 19, 2023, 02:06:48 PM
How some people are talking about Bitcoin so far is not like that because some people invest in Bitcoin with money that they cannot afford to lose. we are all aware that Bitcoin carries risk, but still, we can compare it with other investments. Some investments are more risky than Bitcoin. But for me, I don't mind. Sometimes If you don't take a risk, you won't succeed.

What you say is correct, people who lose money investing in Bitcoin, it's all their fault, they think Bitcoin is the fastest way to make money, even though the people who make a profit investing in Bitcoin are those who use their cold money, not money they can't lose. the risk can be minimized to the smallest extent when the pressure we receive is small and we can experience this only if we invest in Bitcoin with cold money.


Title: Re: Is Bitcoin really risky as they say?
Post by: Fuso.hp on October 19, 2023, 03:51:13 PM
People who don't know about Bitcoin or who are not involved with Bitcoin say that Bitcoin is too risky. We are involved with bitcoin and we are investing in bitcoin where we never think bitcoin is too risky. When I was new to bitcoin I didn't understand anything about bitcoin or investing but tried to learn about bitcoin from time to time and ever since I tried to learn about bitcoin I never once thought that bitcoin was more risky. Those who are calling Bitcoin risky will definitely change their opinion if they get involved with Bitcoin. Just like you have to get to know someone, you have to get involved with Bitcoin to get to know Bitcoin.


Title: Re: Is Bitcoin really risky as they say?
Post by: SOKO-DEKE on October 19, 2023, 05:38:34 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Whether Bitcoin is a high-risk investment or not, I don't expect everyone to view it  in one way,because I think that everyone will have a different perspective on Bitcoin depending on their level of expertise if we have a diverse group of individuals. To be sure, I understand that there is danger associated with Bitcoin because of its volatile nature, but I didn't think it carried the same level of risk as others seemed to. After all, no business is risk-free.  Knowing how much you can afford to lose in bitcoin, protecting it with robust security, and knowing when to buy and sell it are all important skills for when you have the knowledge to handle those risks


Quote
This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth

Yes, the forum has been really beneficial to the individuals here, helping them in various ways. Without the forum's assistance, I think many users would find it difficult to connect with reliable information, which may easily result in some people losing their money. It should be different stories from different people about their Bitcoin because of the ways scammers are coming up with different tactics, but with the help of the forum, there is a reduction in these cases if some people are not getting the information here easier with some good advice from other members.


Title: Re: Is Bitcoin really risky as they say?
Post by: Roseline492 on October 19, 2023, 10:12:49 PM
Bitcoin has never been risky but seems risky to those who don't know about Bitcoin and have no knowledge of how to use Bitcoin. 
In every investment there is always a risk, so however irrespective of how potential and transparent Bitcoin is, there is always a risk especially for those beginners that prefers an easy way instead of actually learning what they are supposed to before venturing into it.

In this case the risk involve is that there is a likelihood that the beginner could end up losing his secret phrases or panicking if they hear a bad speculation about Bitcoin and resulting to selling off there Bitcoin on discounted rate.


Title: Re: Is Bitcoin really risky as they say?
Post by: odunybiz on October 29, 2023, 10:12:27 AM
Bitcoin isn't that risky if purchased and kept for long term. The only problem associated with this is where your Bitcoin is been kept.
It should not be stored on the exchange because it will have the same risk, sorry when the exchange has problems or bankruptcy then your assets cannot be withdrawn, maybe some have understood to avoid exchanges as asset storage.

It is safer to choose a hardware wallet to store long-term BTC, and store it well, especially the seed phrase.
Use hot wallets as short-term, because these wallets are also actually vulnerable to hacking if your computer is really compromised, this has happened a lot here.

IMO, the most secure way is a hardware wallet.

I really support the use of hardware wallet when it ces to keeping of Bitcoin for long term purpose. Before I do use exchange to store my crypto saving but thanks to the forum, in which made me know the disadvantages of saving ones Bitcoin there.


Title: Re: Is Bitcoin really risky as they say?
Post by: Suzume on October 29, 2023, 10:34:10 AM
It's true Bitcoin is risky. Because if you invest in it wrong time you have to face losses. If you do proper analysis of market then you have a great chance to get a good profit. People say Bitcoin is risky because if you don't do the proper analysis of market. If you invest in the very bearish season of Bitcoin. That's the season  when the price of Bitcoin drop. If you investing for the bearish season after that you have to face losses. If you invest in proper time it can't is not too much risky but you are investing crypto market that's why it's always risk in your fund.


Title: Re: Is Bitcoin really risky as they say?
Post by: Essential10 on November 11, 2023, 06:59:28 PM
Bitcoin is risky but less than other crypto related coins. Different people may have different opinions. Bitcoin as an investment for one gives you financial freedom, as no government or bank handles your transactions. There are a number of ways to invest in Bitcoin. You can use a bitcoin investment platform. You can monitor investment knowledge through various searches. It is important to be careful when investing in Bitcoin. Good understanding of investment principles and being careful when selling for profit. Any investment involves risk and investing in Bitcoin can change at any time.


Title: Re: Is Bitcoin really risky as they say?
Post by: Zigabel on November 12, 2023, 05:56:08 AM
It's very good you have been more aware now than you have been before after learn much already from the platform, but it's important that you also understand that risk applies to almost every area of life, in business and our daily activities, there's always a risk, but how much of a risk you want to take is very much dependent on you, Bitcoin investment is just as risky as doing normal business or investment on a normal day but here you choose your risk according to your risk appetite. You don't have to be reckless or carefree with your investment style here because you are aware it's a good form of investment, you make sure to invest with understanding by get enough of needed education about investing especially in Bitcoin.


Title: Re: Is Bitcoin really risky as they say?
Post by: Outhue on November 12, 2023, 08:18:54 AM
Before you get involve and invest your money into anything you must first know everything about it, that's the case with Bitcoin, if you don't like learning then Bitcoin is not for someone like you, this is where the risky aspect of Bitcoin is born, you lack every knowledge and you aren't trying to seek for knowledge either, so of cos, you are at risk if you still proceed with investing in Bitcoin.

For someone who understand Bitcoin they are not exposed to any risks, they know the right things to do about Bitcoin and they know how to safe their wallet from thieves online, someone who don't want to learn won't have the ideas needed and so they will lost their Bitcoin.

Lack of knowledge is why people believe that Bitcoin is risky, to them, once Bitcoin starts to dump it's over, they wont see opportunity present to them by the dump, only those who understands Bitcoin will know that it's an opportunity to buy, not those that refuse to learn anything about Bitcoin.


Title: Re: Is Bitcoin really risky as they say?
Post by: adultcrypto on November 12, 2023, 10:34:01 AM
It's true Bitcoin is risky. Because if you invest in it wrong time you have to face losses. If you do proper analysis of market then you have a great chance to get a good profit. People say Bitcoin is risky because if you don't do the proper analysis of market. If you invest in the very bearish season of Bitcoin. That's the season  when the price of Bitcoin drop. If you investing for the bearish season after that you have to face losses. If you invest in proper time it can't is not too much risky but you are investing crypto market that's why it's always risk in your fund.
Buy Bitcoin hold for five years, then come back and tell us if you lost or not. The problem many people have is buying Bitcoin with money they have urgent need of. You are not supposed to put in money that will make you worried into Bitcoin. Any money you cannot leave for five years is not supposed to be invested into Bitcoin, this is my mindset and it is what has helped me in this journey. Find time to go through @JayJuanGee Bitcoin investment idea (https://bitcointalk.org/index.php?topic=5376945.0) so you understand some ways to approach Bitcoin investment for long term gains.

Bitcoin is mainly risky for those treating it as gambling without giving enough time for the investment to mature


Title: Re: Is Bitcoin really risky as they say?
Post by: Bitco55 on November 13, 2023, 12:51:42 PM
When I started this Bitcoin journey, I was convinced that it wouldn't be that difficult, just basic terms and Investment strategies and you're good to go. But whenever people spoke about it or I made a research on it, the first thing I usually saw or heard was how risky it is. Not that i have any Bitcoin or experience in investment like them OG's and experts cause I'm still at the first phase of this journey but I believe knowledge goes a long way in whatever investments you want to go into. Nothing is without risk, real estate, crypto, down to even breathing and eating, All these are risky. So, learning about it would really help you. Learning, teaching others about it and then trying it out knowing fully well that there's a probability of failing.

I believe after going through about 5 to 10 different experiences with something, you'd get the hang of it and would have fully adjusted.


Title: Re: Is Bitcoin really risky as they say?
Post by: Bitcoin_people on November 14, 2023, 02:18:45 AM
People who call bitcoin risky and a scam basically don't believe in crypto. Those people never see Bitcoin as a positive, always in a negative scheme. However we know Bitcoin gives people financial freedom, which is why people make good money investing in Bitcoin. When a person learns about Bitcoin and has a complete understanding of cryptocurrency and has an understanding of trading and investing, he will definitely be financially stable. And bitcoin investment is never risky but altcoin investment is risky so bitcoin is undoubtedly better investment. And Bitcoin short-term investment is very less profitable, but long-term Bitcoin investment plan is good and profitable.


Title: Re: Is Bitcoin really risky as they say?
Post by: Ruttoshi on November 14, 2023, 08:14:29 AM
It's true Bitcoin is risky. Because if you invest in it wrong time you have to face losses. If you do proper analysis of market then you have a great chance to get a good profit. People say Bitcoin is risky because if you don't do the proper analysis of market. If you invest in the very bearish season of Bitcoin. That's the season  when the price of Bitcoin drop. If you investing for the bearish season after that you have to face losses. If you invest in proper time it can't is not too much risky but you are investing crypto market that's why it's always risk in your fund.
Buy Bitcoin hold for five years, then come back and tell us if you lost or not. The problem many people have is buying Bitcoin with money they have urgent need of. You are not supposed to put in money that will make you worried into Bitcoin. Any money you cannot leave for five years is not supposed to be invested into Bitcoin, this is my mindset and it is what has helped me in this journey. Find time to go through @JayJuanGee Bitcoin investment idea (https://bitcointalk.org/index.php?topic=5376945.0) so you understand some ways to approach Bitcoin investment for long term gains.

Bitcoin is mainly risky for those treating it as gambling without giving enough time for the investment to mature
I agree with you @adultcrypto, bitcoin is risky for short term investors, who take bitcoin to be a quick profit scheme. To overcome the risk in bitcoin, you must invest in a long term investment, let's say maybe 4-10yrs and above, with regular DCA weekly or monthly to increase your investment because the higher the size of your portfolio with timeline, the higher your profit.

An investment is not something that you buy and sell, buy and sell for profit. it means that you are trader, an investment should be left to grow and increase in size over a long period of time, so that the profit can compound and turn out big, so that when you take profit the investment still ongoing to generate more profit with time again. Patience and discipline os what we need to be a good hodler. Have your emergency funds and your basic needs funds always available so that you don't sell your bitcoin because of lack of fiat.


Title: Re: Is Bitcoin really risky as they say?
Post by: AakZaki on November 14, 2023, 04:08:16 PM
Buy Bitcoin hold for five years, then come back and tell us if you lost or not. The problem many people have is buying Bitcoin with money they have urgent need of. You are not supposed to put in money that will make you worried into Bitcoin. Any money you cannot leave for five years is not supposed to be invested into Bitcoin, this is my mindset and it is what has helped me in this journey. Find time to go through @JayJuanGee Bitcoin investment idea (https://bitcointalk.org/index.php?topic=5376945.0) so you understand some ways to approach Bitcoin investment for long term gains.

Bitcoin is mainly risky for those treating it as gambling without giving enough time for the investment to mature
Long-term investments with quite a lot of capital require good thinking and strategy so that the investment is not in vain.
yes they have to use money that won't be used for 5 years and it has to stay consistent. It's not just about investment that you have to think carefully about. You also need to think about wallet security issues, because long-term investment will take quite a long time, so you have to use a wallet that you can control yourself and without other people's interference. Hardware wallets can be a good solution for long-term investments without fear of loss.


Title: Re: Is Bitcoin really risky as they say?
Post by: _BlackStar on November 14, 2023, 05:02:50 PM
-snip-
Long-term investments with quite a lot of capital require good thinking and strategy so that the investment is not in vain.
yes they have to use money that won't be used for 5 years and it has to stay consistent. It's not just about investment that you have to think carefully about. You also need to think about wallet security issues, because long-term investment will take quite a long time, so you have to use a wallet that you can control yourself and without other people's interference. Hardware wallets can be a good solution for long-term investments without fear of loss.
Whatever investment budget you have - planning and everything that supports it needs to be considered. I agree that a truly secure wallet is one recommendation for any investor - but not all large investors keep their assets in a wallet that gives them full custody. Some of them tend to choose centralized exchanges to store assets - but I never recommend that to anyone if they can't afford the risk.

For long term investments - they need really good planning. They need a safe wallet and a sufficient reserve budget - of course this is so that they don't change their plans when something makes them need money urgently.


Title: Re: Is Bitcoin really risky as they say?
Post by: Zanab247 on November 14, 2023, 05:30:17 PM
This is the kind of good news we want to be hearing from newbies that acquired BTC knowledge from this platform and, there is no way you can stay in this platform and still afraid of risk because, once you can handle the risk in your hodling for the bull run to come before you can sell to take some nice profits from the market.

If anybody tell you that there is no risk in BTC, the person is not telling you the truth because you can invest your money in BTC hoping that the price will increase in one year before you can sell, but it can add another one year and some months before you can see the real bull that will sweet your mind, and if you are not good in saving your money, it can make you miss the next bear.



Title: Re: Is Bitcoin really risky as they say?
Post by: Bushdark on November 14, 2023, 06:43:47 PM
Bitcoin is risky but less than other crypto related coins. Different people may have different opinions. Bitcoin as an investment for one gives you financial freedom, as no government or bank handles your transactions. There are a number of ways to invest in Bitcoin. You can use a bitcoin investment platform. You can monitor investment knowledge through various searches. It is important to be careful when investing in Bitcoin. Good understanding of investment principles and being careful when selling for profit. Any investment involves risk and investing in Bitcoin can change at any time.
The most important thing we need to understand is that investing in financial market can be very risky. Crypto or forex trading can be very risky if we enter the market to trade without any skill or haven't learnt the skill of trading. People enter I to trading or cryptocurrency to make money and if we don't understanding how it works very well,  we might be a loser and keep telling people that crypto is not worth it. This is because we filed to listen and keep to investment rules which would have given us a better profits than loses.


Title: Re: Is Bitcoin really risky as they say?
Post by: kawetsriyanto on November 16, 2023, 09:10:11 PM
Bitcoin is risky but less than other crypto related coins.
Yep. I think we all agree with this. The risk of Bitcoin investment is less that the risk of altcoins investment. Bitcoin remains the number 1 crypto coin and always survive for many years, meanwhile altcoins can change its positions in CMC and even can disappear due to various cases. There are already many altcoins delisted from exchanges.

Bitcoin as an investment for one gives you financial freedom, as no government or bank handles your transactions.
But if the government bans Bitcoin, we have no chance to invest or trade in Bitcoin. I think the government still has a crucial role. We also need banks to convert Bitcoin to fiats. We send fiats to bank accounts, right? I don't think we can have 100% financial freedom.

You can monitor investment knowledge through various searches.
What do you mean?
Do we need to monitor investment knowledge?  ???



Title: Re: Is Bitcoin really risky as they say?
Post by: Natalim on November 16, 2023, 09:36:44 PM
People who call bitcoin risky and a scam basically don't believe in crypto. Those people never see Bitcoin as a positive, always in a negative scheme. However we know Bitcoin gives people financial freedom, which is why people make good money investing in Bitcoin. When a person learns about Bitcoin and has a complete understanding of cryptocurrency and has an understanding of trading and investing, he will definitely be financially stable. And bitcoin investment is never risky but altcoin investment is risky so bitcoin is undoubtedly better investment. And Bitcoin short-term investment is very less profitable, but long-term Bitcoin investment plan is good and profitable.
Bitcoin investment is risky that is the reality but it doesn't mean that we have to be afraid of taking risks unless we are uncertain and live in doubt. Yes, those people who are saying that Bitcoin investment is a scam thing are those who certainly don't have any idea what is this all about because what they have is just rumors.

Well, we can't force them to believe and trust Bitcoin. This kind of investment is just for those who have the courage and willingness, not for those who are full of uncertainties.


Title: Re: Is Bitcoin really risky as they say?
Post by: Sandra_hakeem on November 16, 2023, 09:59:28 PM
Everything in life is risky... Including life itself - you just need to learn to do things the right way, just like everyone else. We've got alot of successful Bitcoin holders - does that prove the fact that Bitcoin is as risky as what you claim? No!

sometimes, the mind becomes your greatest adversary - doubtfulness and spitefulness could also debarr you... I like the fact that your topic didn't bear a rhetorical question.

Sandra 🧑‍🦰


Title: Re: Is Bitcoin really risky as they say?
Post by: Luffygroove on December 07, 2023, 01:26:54 PM
In my humble opinion, Bitcoin stands out as the safest cryptocurrency. It boasts the biggest name and volume, with less volatility compared to altcoins. Of course, Bitcoin isn't without risks. As you learn, experience, and observe, you start spotting patterns in crypto trading and investing. It's like unlocking a code , the more you go, the clearer the picture becomes. So, keep at it, and gradually, you'll find your way in the dynamic world of crypto, discovering strategies that work for you. It's a journey of learning and adapting, step by step.


Title: Re: Is Bitcoin really risky as they say?
Post by: Omahabit on December 07, 2023, 04:58:02 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.



Everything that is profitable comes with risk: business, investment, and a lot more. The way you deal with investments affects the possible outcome. Bitcoin as an investment comes with principles that one needs to learn and unlearn to make cool money out of the investment. This wouldn't just happen without the study of principles, mentorship, and risk management. Thank God for this forum that brings about the enlightenment of the myth of bitcoin as an investment.


Title: Re: Is Bitcoin really risky as they say?
Post by: Dzwaafu11 on December 07, 2023, 05:01:18 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin is risky, but it depends on how you view it. Although bitcoin has a higher risk, when people say this, I ask them which investment has no risk, and they tell me all investments have a risk. The answer is simple: you cannot expect bitcoin to just be an investment without risk. It will not even be sweet, but due to the risk involved, that is what will make us, the investors, secure the money that we have invested. However, the risk involved in bitcoin is not as high as people think. Most people complaining about this risk lack understanding of bitcoin; if not, they will know that there is no digital asset or investment that has security like bitcoin. So therefore, there is risk in bitcoin investment, just that it is not the same as other investments since it has less risk when compared to altcoins own.

When a person learns about Bitcoin and has a complete understanding of cryptocurrency and has an understanding of trading and investing, he will definitely be financially stable.

Having complete knowledge about bitcoin investment and trading cannot make someone financially stable, but when you have the money to invest or trade it, that is the only way you will be financially stable. We have thousands of people who have the knowledge about bitcoin investment and trading and have yet to make it in life. However, even after the knowledge of both, you still need money to invest or trade, so when you learn and you don't have money, are you financially stable? NO. So, man, I think you should be aware that having knowledge of bitcoin investment and trading doesn’t make you financially stable; you need money to invest or trade.

Quote
And bitcoin investment is never risky but altcoin investment is risky so bitcoin is undoubtedly better investment. And Bitcoin short-term investment is very less profitable, but long-term Bitcoin investment plan is good and profitable.

Bitcoin investment has risks. The truth is that bitcoin investments have less risk when compared to altcoin investments. Telling people that bitcoin investments don’t have a risk will make them invest a large amount of money that they may not be able to afford to lose. However, you cannot get a profit from a short-term investment in bitcoin; you need to plan a long-term investment. That is why they said you should invest the amount you can afford to lose or the money you don’t need, maybe in a year or so.


Title: Re: Is Bitcoin really risky as they say?
Post by: Kasabus on December 07, 2023, 09:29:34 PM
Bitcoin is totally a high risky asset, and anyone who enter bitcoin investment without sufficient knowledge and understanding on the crypto market will find bitcoin investment as a way to lose more. That is why prior knowledge on bitcoin and on the crypto market is a must. Otherwise, you will keep barking at its wrong tree. And you will never see the value of bitcoin then.

However, for those who have been staying in the bitcointalk forum and on the crypto market for quite a period of time, they now have the ideas on how to lessen the risk on bitcoin investment.


Title: Re: Is Bitcoin really risky as they say?
Post by: Antotena on December 07, 2023, 11:12:06 PM
In my humble opinion, Bitcoin stands out as the safest cryptocurrency. It boasts the biggest name and volume, with less volatility compared to altcoins. Of course, Bitcoin isn't without risks. As you learn, experience, and observe, you start spotting patterns in crypto trading and investing. It's like unlocking a code , the more you go, the clearer the picture becomes. So, keep at it, and gradually, you'll find your way in the dynamic world of crypto, discovering strategies that work for you. It's a journey of learning and adapting, step by step.

Bitcoin is less risky among all the type of investment we have in cryptocurrency. Bitcoin is the father of all because it's the only coin that is stand alone, it doesn't depend on other coins to function but if there is a large attempt of scams, the FUD does affect it sometimes but it is still better because when altcoin makes bitcoin to bleed, if you check that altcoin to bleed will have done -80% drop in value, this is why many people has advice that Bitcoin is less risky than other altcoins.

I think its safe to say that any form of investment that gives high return are always having this high risk, altcoins for example can give you what you want in life but can also take all you have already have because when you invest in a wrong one, you will hate not just that, you will run anytime you hear of cryptocurrency because they can give you phobia of investment. It's always advisable to reduce greed and invest in what you can afford to lose than lose both your investment altogether.


Title: Re: Is Bitcoin really risky as they say?
Post by: boyptc on December 07, 2023, 11:24:45 PM
Bitcoin is totally a high risky asset
Right, as long as it is an asset that's volatile then the risk can't be taken away. And with Bitcoin, it's more than just a P2P method and transfer that we can do because it's more used as an investment or store of value than a payment method.

and anyone who enter bitcoin investment without sufficient knowledge and understanding on the crypto market will find bitcoin investment as a way to lose more.
This is in general for majority investments. There's a greater risk when you don't know what you come up with.


Title: Re: Is Bitcoin really risky as they say?
Post by: HajiBagi on December 08, 2023, 06:02:49 AM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.

I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth

The reason why many people view bitcoin as a risky investment is that it is an online and untouchable investment, and when an investment becomes online you have to be careful because of being scammed. Bitcoin is not that risky, despite what some people have said, and there is no other investment that is not risky, even the business we did today has risky. For investors who know their business, bitcoin can be a very profitable venture. However, some view it as a risky investment due to its volatile price; some buyers will purchase coins and then sell them for less than they had anticipated.

People who claim that bitcoin is extremely risky are not far from the truth. Without mentioning that many people will not value their bitcoin, some will not secure it, and some will even misplace their private key, many newly introduced to bitcoin should always be informed that bitcoin is extremely risky so that they will value what they have. After all, purchasing bitcoin with large sums of money and then falling victim to fraud or misplacing your private key is not a good idea.


Title: Re: Is Bitcoin really risky as they say?
Post by: Bushdark on December 08, 2023, 06:21:10 PM
Bitcoin is totally a high risky asset
Right, as long as it is an asset that's volatile then the risk can't be taken away. And with Bitcoin, it's more than just a P2P method and transfer that we can do because it's more used as an investment or store of value than a payment method.

and anyone who enter bitcoin investment without sufficient knowledge and understanding on the crypto market will find bitcoin investment as a way to lose more.
This is in general for majority investments. There's a greater risk when you don't know what you come up with.
Is not that's Bitcoin is a risky project to invest in but it is because the market is very volatile which can be make price to shift away from the point we bought it to the opposite trend. Those who does not understand the market can get confused and invest in the market at the wrong time and unfortunately they could sell their holdings and end up losing in the market. It is good for us to have a solid understanding about how the market works which is going to guide every of our actions and make us to make profits from the market.


Title: Re: Is Bitcoin really risky as they say?
Post by: Winterfrost on December 08, 2023, 07:10:27 PM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.

I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth

The reason why many people view bitcoin as a risky investment is that it is an online and untouchable investment, and when an investment becomes online you have to be careful because of being scammed. Bitcoin is not that risky, despite what some people have said, and there is no other investment that is not risky, even the business we did today has risky. For investors who know their business, bitcoin can be a very profitable venture. However, some view it as a risky investment due to its volatile price; some buyers will purchase coins and then sell them for less than they had anticipated.

People who claim that bitcoin is extremely risky are not far from the truth. Without mentioning that many people will not value their bitcoin, some will not secure it, and some will even misplace their private key, many newly introduced to bitcoin should always be informed that bitcoin is extremely risky so that they will value what they have. After all, purchasing bitcoin with large sums of money and then falling victim to fraud or misplacing your private key is not a good idea.

All investment is risky mate. And being an online investment is not something that people should be scared of. I believe people make use of online banks and register their details in online why dont they feel it is risky? Using online as a point of not investing in bitcoin is not a valid reason. I think they are scared of the investments because of the information's about scams and all that. If not no one who will be aware of Bitcoin investment after learning that will not want to invest especially when they have the finance to start it. I am sure about that.

However, i feel people should get the conviction first, yes bitcoin is risky and that's the simple truth. But it should it did not stop so many persons to not invest in it. For instance driving a car is risky as well because someone may drive recklessly and an accident may occur unknowingly yet people dream of having cars and all that. The ideal should be focusing on learning about bitcoin before having conclusion if after learning about it there is no conviction to start investing in it, then they should not invest either. Its a matter of choice and not everyone is expected to be a Bitcoin investor.


Title: Re: Is Bitcoin really risky as they say?
Post by: BitcoinPanther on December 08, 2023, 09:31:04 PM
The reason why many people view bitcoin as a risky investment is that it is an online and untouchable investment, and when an investment becomes online you have to be careful because of being scammed. Bitcoin is not that risky, despite what some people have said, and there is no other investment that is not risky, even the business we did today has risky. For investors who know their business, bitcoin can be a very profitable venture. However, some view it as a risky investment due to its volatile price; some buyers will purchase coins and then sell them for less than they had anticipated.

Looking at the Bitcoin price performance, the high volatility plus impatience is the reason why people call Bitcoin investment risky.  But if we look at the chart one part in the cycle, Bitcoin is able to recover and even give profit to people who had invested on the previous cycle.  With patience, I do not think Bitcoin is a high risk investment, Bitcoin price records is the solid proof of it.

People who claim that bitcoin is extremely risky are not far from the truth. Without mentioning that many people will not value their bitcoin, some will not secure it, and some will even misplace their private key, many newly introduced to bitcoin should always be informed that bitcoin is extremely risky so that they will value what they have. After all, purchasing bitcoin with large sums of money and then falling victim to fraud or misplacing your private key is not a good idea.

People who considered Bitcoin is extremely risky is not updated about the Bitcoin market.  Bitcoin had already have a deep foundation and high liquidity market.  It maybe highly volatile but those who are versed in the market can easily profit from it by having patience and reading the market movement through integrating TA and FA.  If one bought at the peak in the previous cycle, they only need to have patience and wait for Bitcoin to break its ATH to gain profit.  In the current Bitcoin behavior, patience is the key to minimize risk in Bitcoin investment.


Title: Re: Is Bitcoin really risky as they say?
Post by: boyptc on December 08, 2023, 09:52:39 PM
Is not that's Bitcoin is a risky project to invest in but it is because the market is very volatile which can be make price to shift away from the point we bought it to the opposite trend. Those who does not understand the market can get confused and invest in the market at the wrong time and unfortunately they could sell their holdings and end up losing in the market. It is good for us to have a solid understanding about how the market works which is going to guide every of our actions and make us to make profits from the market.
The volatility that can be seen is the one that's being looked upon for being risky. You're right.

It's not risky because it is a risky project, it is risky because just like any other assets and investments, all of them have risk and that's what people should look at when it's about the risk assessment they do for Bitcoin.

While those that have no knowledge about investments and bitcoin per se, they're at the risk as well for not knowing a thing or two for what they do.


Title: Re: Is Bitcoin really risky as they say?
Post by: Gormicsta on December 09, 2023, 12:32:30 AM
Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.

I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth

Indeed, Bitcoin is a volatile asset, but that doesn't make it risky to invest in, if you think Bitcoin is risky, then try Altcoins. Bitcoin in my opinion is the safest asset to invest in irrespective of it's volatile nature,, because no matter how much Bitcoin dips in its price, it always comes back up and reach for hight heights so if you keep holding, even  during the dips, you'll see that Bitcoin is a safe haven compared to other crypto assets.


Title: Re: Is Bitcoin really risky as they say?
Post by: Velemir Sava on December 09, 2023, 03:49:01 AM
Right, as long as it is an asset that's volatile then the risk can't be taken away. And with Bitcoin, it's more than just a P2P method and transfer that we can do because it's more used as an investment or store of value than a payment method.

In fact, if BTC feels safe, it is safe. but if you often worry about investing with the fear of loss in mind, anxiety will always come. This is where it is important to read and find out first what BTC really is specifically for those who want to start investing when they have entered and keep pressing the gas.


Title: Re: Is Bitcoin really risky as they say?
Post by: boyptc on December 09, 2023, 10:29:01 PM
Right, as long as it is an asset that's volatile then the risk can't be taken away. And with Bitcoin, it's more than just a P2P method and transfer that we can do because it's more used as an investment or store of value than a payment method.

In fact, if BTC feels safe, it is safe. but if you often worry about investing with the fear of loss in mind, anxiety will always come. This is where it is important to read and find out first what BTC really is specifically for those who want to start investing when they have entered and keep pressing the gas.
We've already figured out what BTC really is. Now, the purpose varies on the person if you'll see it as something very risky at all and your money won't be safe.

That's what people think of what risky is. Before it was all about the thoughts of being scam and now we're done with that era as everybody has accepted it already.



Title: Re: Is Bitcoin really risky as they say?
Post by: jeha2015 on December 09, 2023, 11:57:20 PM
I believe all investments have their certain risks, it’s just that bitcoin has higher risks more than others. That is the reason why bitcoin should be dealt with more caution and persistence. Otherwise, if you invest bitcoin as easy as other investments, and don’t even know how to manage the risks and overcome them, you will never be successful with bitcoin. Bitcoin is highly risky but it’s also capable to give you high and satisfying results, and at some point can make your life turns like roller coaster.
Even though everyone claims that bitcoin has risk, i only see risk when caution is not taken. However, if you take the proper precautions, it will help keep your money safe out of trying something new. It is better to not try what you don't understand than to be ready to lose money, and if you want a satisfying result, you must be prepared to play by the rules. It is true that all investments carry some risk, but they all carry more risk than themselves. And when the day is over, you will be content. Because when you see the decision some people make towards their assets you will pity them.

Which in essence, no investment is safe. Every investment has its own risks that we need to study and be aware of.

For example, investing in shares simply means putting a certain amount of money into the company we choose. One of the risks of investing in shares is that the company could go bankrupt. Investing in BTC simply means we hold digital money. The risk of BTC is lost or hacked and has high volatility. Likewise, if we invest in mutual funds, we give money to the investment manager. The risk with mutual funds is that investment managers could commit fraud or make mistakes in choosing investment instruments.

Basically, every investment has its own risks, so you should first understand the investment instrument before investing. But if you ask which is better for the future, of course bitcoin.


Title: Re: Is Bitcoin really risky as they say?
Post by: Y3shot on December 10, 2023, 05:29:49 AM
Bitcoin is very risky that I'll advice anyone who have no knowledge about it first not to risk put money in it, what makes bitcoin easy for people is when they really understands it. So before you start investing in Bitcoin you have to make sure that their is an understanding of bitcoin,  going into bitcoin without any understanding is a risks that one can end up unprofitable,  understanding the market is what every  investor should be aware of.


Title: Re: Is Bitcoin really risky as they say?
Post by: kawetsriyanto on December 11, 2023, 09:28:14 PM
Bitcoin is very risky that I'll advice anyone who have no knowledge about it first not to risk put money in it, what makes bitcoin easy for people is when they really understands it. So before you start investing in Bitcoin you have to make sure that their is an understanding of bitcoin,  going into bitcoin without any understanding is a risks that one can end up unprofitable,  understanding the market is what every  investor should be aware of.
When someone has no knowledge, it doesn't make sense that he tries to invest or trade Bitcoin. How he can do it properly if he has no knowledge? He must do it by guessing. This is absolutely the wrong way, it probably ends up with losses. Sure, everyone who wants to invest/trade in Bitcoin, must ensure that he has sufficient knowledge. We must realize that investing/trading in Bitcoin basically is a high risk due to its price volatility. It will be riskier if we have no proper knowledge. So, having knowledge and understanding it well, must be an absolute requirement before someone starts trading or investing in Bitcoin.



Title: Re: Is Bitcoin really risky as they say?
Post by: Solokan on December 13, 2023, 04:12:43 AM
Many people say that investing in BTC is of course very risky and indeed investing in BTC is very risky, even in any business world it is certainly very risky, but when we invest in BTC the risk is very high because the price fluctuates and is difficult to predict.

Of course, everyone has various reasons for investing in BTC, namely there are those who want to use BTC as a store of value and in some countries, BTC is used for payments, etc., but what I know is that many people invest in BTC because they see the potential for a bright future, of course. btc has the potential to be very expensive in the future.

This forum is really good and I have also been helped a lot by this forum, especially in matters relating to crypto.