Bitcoin Forum

The reason why I said the risk in bitcoin is worth taking is because, back then bitcoin started as an experimental digital currency, but now it has gradually and continuously improve in growth and transformed over time into global class asset that have attracted millions of investors because of it decentralized and transparent nature.
If we can recore back over the decade bitcoin has outperformed traditional assets like gold, stocks and bonds, making bitcoin the best and number one asset both in crypto space and in the traditional assets.
But If bitcoin is the best and still maintaining the number one asset both in crypto space and in the traditional assets why is people still referring to bitcoin as a high risk investment, (or is it because of it volatile nature) or what……?  I know bitcoin is not risk free you can either profit or loose but when you understand how bitcoin works and it nature you will be at the safer side.
I and my friends just had an arguement, they said anything called cryptocurrency including bitcoin is very risky and the Risk is not worth taking.

You must have to understand that bitcoin is also crypto and it is also volatile making it risky to invest because you can either gain or loss more money.
It is no longer a debate as to the position of bitcoin and it’s significance but that do not mean that, the risky and volatile nature should be over looked and that’s why people still refer to it as volatile

Bitcoin is definitely the best but you should be knowledgeable about its investment and consider it for the long term to get high profits. It is risky for traders who consider Bitcoin for short term. The purpose of warning you about Bitcoin as a high risk investment is so that you can engage yourself in more effective investment. It is not to be publicized and you do not regret that you have lost money through investment while almost everyone in the world is making high profits through Bitcoin investment and the number of holders is increasing. I think the risk of Bitcoin investment is very low because its limited supply is constantly increasing in demand and at the same time the possibility of price increase.

Since Bitcoin is an uncertain and volatile market, there is a possibility of both profit and loss in Bitcoin. Even since Bitcoin is decentralized, no one has control over its movement and there is no guarantee of when and where it will go. Decentralization is as convenient for Bitcoin as it is for the Bitcoin market. No matter how profitable Bitcoin is in the long run, you have to be able to take risks. Because the Bitcoin market is risky, we have to believe that.

Those set of people that see Bitcoin as a risky investment have shallow rooted knowledge about Bitcoin. No matter how Bitcoin investment is risky it can never be riskier than some sort of shitcoins. People usually generalized shitcoins to Bitcoin making it looks like Bitcoin is risky. Although Bitcoin may be risky to those short time investor or traders who looks for quick profit and lose frequently. For example a long term HODLer who bought Bitcoin from the early part of 2010 and Hodl till 2025 may never think of how risky Bitcoin is because it has undergo several rise and fall till this stage, he will be in good position of a sizeable portfolio. but a trader who have been trading may be discouraged after several loses.

Saying that investing in Bitcoin is risky is not completely false, but concluding that it is not worth the risk because Bitcoin is a volatile asset is totally wrong and shows that the initiator of such a statement lacks basic knowledge of Bitcoin investment. If investing in Bitcoin is not worth it, how about saving in fiat in the bank? It is a process that is almost far more fruitless than keeping your money all by yourself.

The majority of the persons when de consider bitcoin investment as a very risky initiative na people when de consider investing over a short period of time and them likely get this kind ''get rich quick mentality'' when be say once them no get their returns ASAP, them don already rush to sell at loss and because of that loss tag the investment as a bad venture. majority of our nija folks them no de even invest in the first place, most of them na traders and because of how risky trading be, them de use am make a general statement as though na that one be the legit bitcoin investment.

Bitcoin is cryptocurrency but different from others because of it characteristics. It is decentralized, deflationary and can not be controlled by private individual or increase/reduced in supply. So everyone knows how many supply it has unlike centralized cryptos that are controlled as family business. It has a circle that any knowledgeable investor knows. Therefore, the risk in bitcoin is absolute when you are a Bitcoin trader, there you can lose every bitcoin you have as a trader because you are likely to lose in trading. On the other hand, the risk in Bitcoin is reduced when you are just DCA in it. In other words, if you are just accumulating it in your wallet, you only need patient to wait for a circle of halving bull for you to recover into your bought level to probably gain into profit.

Bitcoin investment is very cool and legit, but it's very essential to understand that Bitcoin investment is not a get rich quick scheme it required time and patience for you to be able to make a good profits from it. However, that is why they always said before anyone should venture into Bitcoin investment is good to have the besic knowledge first before thinking of investing. Because when you have the require knowledge it will going to enable you hold for a long period of time, so don't bleme your friend because he don't know what Bitcoin is all about, had it been he knows he would have not argue with you.

Life itself is all about risk, we shouldn't be afraid of taking a risk especially when it comes to investment, if you can't take a risk, then expect no reward, More especially when it involves moderate risk taking and in investment asset such as Bitcoin that has years of track record of success.

It becomes risky when people go into it the wrong way, I mean if you don't understand bitcoin and the market then it is very risky to invest bitcoin.  It is risky when one is not aware about the necessity of being patience to make bitcoin a longterm investment.  It is risky when people choose to invest without having a source of income or when people choose to invest  with all the money they have expecting to make quick profit , this is a big risk that if one is not lucky can sell and lose not having the patience to invest.

Your friend dey correct when en talk say everything about cryptocurrency dey very risky en no dey far from the truth even the Bitcoin wey we dey invest get small small risk wey dey involve and one of the risk wey dey involve be say if you forget your seed phrase or you misplace am and money dey your wallet or exchange my dear your money don go because e get some wey you no go fit recover oo and another one na scammers if you no protect your wallet or exchange well scammers fit penetrate collect everything wey dey inside your wallet or exchange but trading own na the worst that one be say your profit no even dey certain because you fit trade 10 times and na only one you go get profit if at all you go even get. Na because of all these things they come say invest or trade with waiting you go fit afford to let go.

Saying the risk is not worth taking means they don't know much about assets as a whole. There's risk in real estate, there's risk in gold, there's risk in stocks. The price of a stock can go from $1000 to $200 within 72 hours, depending on the situation. Same way bitcoin can go from $87k to $30k within 72 hours. I'm not one of those who believe that bitcoin is too big to fail; there's no such thing. So saying it's not worth the risk is simply false because the stock, which is worth the risk, has a higher chance of crashing than bitcoin.
Bitcoin is risky, so is every other financial investment out there.

There is no room to say that Bitcoin investment is risk-free. If you gain knowledge about Bitcoin, you will definitely be forced to say that Bitcoin investment has very low risk compared to other digital currencies or other assets, but there is risk. Investing requires the ability to take risks and always be ready to face losses. Your risk varies depending on the type of investment. Although the risk in long-term investment in Bitcoin is very low, due to the possibility of a small loss, you need to enter the investment with the ability to take risks. You should even invest with money that you can afford to lose so that if you technically or accidentally lose your investment portfolio, your life does not come under your feet. There is no room for changing or denying this sentence "Investing means risk".

@derekfunds wetting you talk no too dey clear for me, because you say wetting my friend talk dey correct and his not far from the truth, well as we all know cryptocurrency is risky when you are dealing with shitcoins and trading in the crypto space, but including bitcoin to be Very risky is what I can't concur to because bitcoin is less risky and more profitable when you buy and hold for a long period of time.
So I see no reason why someone we say the Risk in bitcoin is not worth taking and your agree to that statement. Bitcoin wey be store with potential returns, if bitcoin is very risky how manage ehhh take attracted millions of investors wey invest on an? Abeg try dey calm down talk.

Yes bitcoin is a great asset that has surpassed other trading commodities, but you also have to understand that every thing that has a good side also has a bad side, there are times where bitcoin is almost about a hundred percent favorable there are also times where you just have to stay away from the market. No matter how good the coin is you also have to regulate and be conscious of your risk, and you should not be willing to risk all you have for it, its also 50/50 no matter how it has been hyped over time, whether you agree or not just the way other commodities and stalks has made people be filled with regrets so has bitcoin also the only difference there is that overtime bitcoin has shown its consistency in productivity which makes it trust worthy, and overshadowed other coins.

Bitcoin is risky for those who do not invest in Bitcoin. Bitcoin's decentralized behavior has always attracted investors.

In my opinion, Bitcoin is high risk for those who come to get rich in a short time. We all know that Bitcoin is not a get-rich-quick scheme by investing in the short term. If you do not understand the nature of Bitcoin and become greedy to make profits by seeing its high volatility market, you will lose money again and again. Because no one can tell when the Bitcoin market will rise and when it will fall.

I want you to show this by investing in the long term without unnecessary arguments with your friends.

Bitcoin is a volatile digital currency. But in terms of long-term investment, Bitcoin has repeatedly brought success from the beginning to now. It is very risky in terms of short-term investment or trading. Bitcoin is definitely 100 times better than gold.

Your friend may not be aware of the Bitcoin market. And he does not have complete knowledge about the Bitcoin market demand. The Bitcoin market is very volatile but in terms of long-term investment, small fluctuations in the market do not have much impact. Bitcoin has been proving its worth every time so far. We are optimistic that the market demand for Bitcoin is increasing day by day, and the price of Bitcoin will increase further in the future.

Staying alive itself is a risk, almost everything you do has some forms of risk but the question like you rightly asked has always been if it's worth taking, when it has to do it investing, a whole lot comes to mind and then we are left in a pool of decisions to take and so it becomes very important which we should take up to get it right.

Investing in crypto as one of the fastest evolving investments space is one in which we can not really go wrong with. Bitcoin na one crypto assets wey be say get em own risk but still be d best to put your money inside for the crypto space, because e go surely give u something if u get patience to wait small for am, but plenty pipo dey want am fast fast ne why e dey come b like say e dey risky as something wey if you put body u go come dey fear weda e risky or not.

It seems a lot of you are wrong about bitcoin and its properties of which volatility is one. Every speculative market driven by the law of demand and supply is bound to be volatile and bitcoin is no exception. Investors in bitcoin have no business with volatility of bitcoin because they are holding for a very long time. The only people that worry so much about the volatility of bitcoin are traders who are looking for fast profit. The volatility of bitcoin makes the trade hit the stop loss so fast and how much profits it can go if you are on the right side of the market.

Well, there is obviously risk in investing in Bitcoin, but that doesn't stop anyone who has a vision and has opted for a long term investment plan with Bitcoin, not to make their profit and be rich in the end.

Yes, there's volatilities and yes, there's no saying that the system may not fail tomorrow, but if things were to have gone bad, they would have already, seeing that Bitcoin has successfully crossed the threshold of halving and has gotten to an ATH as speculated in total should be enough reason to invest in it.
 Besides, there are other cryptocurrencies besides Bitcoin that still perform better and they promise profit and have not yet failed in fulfillment of their vision and mission statements respectively.
Therefore, the risk of investing in Bitcoin by any available and convenient strategy, is absolutely worth the risk.

Any persin wey wan make money but nor wan take risk nor supposed near business at all. Even for Ponzi schemes, na still risk persin dey take if you like be d first persin to register. But na who take risk for business dey succeed. I nor talk about investment in Ponzi oh bc dat wan nor be business at all. Dat wan na rob Idowu to pay Mike.

Yes, the risk with Bitcoin is less compared to other cryptos but dat wan go depend on wen persin take invest oh. Some Bitcoin investors dey stay over three years before profit enta. Dem sey d downfall of a man isn't d end of his life but make we realize sey e go depend where d man fall put oh. Na so Bitcoin investment and odas also be.

Investing in Bitcoin is  risky but it's worth the risk. If I am going to choose a digital assets in the crypto world worth investing my fund I will go for Bitcoin. Bitcoin cannot be any riskier if you're investing right and that's is to say, investing in the long term which is the most appropriate and widely accepted method so. Although it's doesn't guarantee the safety of one's funds but it reduces the risks involved.

Investing in Bitcoin with our discretional income also reduces our level of risks exposure too. Our discretional income is our left over funds which also reduces the level of risks involved because If anything should goes wrong, we wouldn't be having too much difficulties to move on because we invested with our Do away funds with is ideal on the right sense of investing in a violatile asset like Bitcoin.

Bitcoin today na one of the world most valuable digital asset because e don dey tay no be today, you can imagine how people been dey spend lots of bitcoin just to purchase very small product with low price, just like the case of pizza wey we sef dey celebrate for forum here. Now only 1 btc fit buy thousands of pizza just imagine the change in price, no be small increase e doj increase and for all these things to happen na because people don trust bitcoin well well na why whales fit just dey make dem put millions of dollars for bitcoin  and trust me dem dey get am clear to a max level, however anybody sef fit still enter make dem for still profit from the market, and the risk of bitcoin compared to all these shitcoins wey dey very massive in loses and wey fit crash.

There is nothing in this life that doesn't involve risk,the drugs we take to keep fit is a risk,the aeroplane that we used in traveling is a risk,the road we cross daily is a risk and even the people we trust is a risk. The risks takers are the most successful people in the world today. Investing in such a speculative assets Like bitcoin carries risk and requires high risk tolerance, it's Decentralized in nature, highly volatile and the price can fluctuate significantly within a short period of time based on the unpredictable trend of the markets. we shouldn't just be looking at the risks but we should also be looking at the benefits of bitcoin in the long run,it's still holds great potentials and value,I think with the right approach with a long term strategy plans, navigate the markets effectively while having the patient to Hodl,I think we can make significant profit s from it in the long run.

Initially when Bitcoin started it was more to people like an unrealistic project as such it scared people away from investing. Despite the fact that Bitcoin price can rise and Fall at any time which can result to either significant gain or loss it's still worth the risk first of all before investing in Bitcoin have basic knowledge know that Bitcoin investment is a calculated risk

Although Bitcoin may be volatile and this make it risky but it always a great value to hold when compare to others. Anyone who bought Bitcoin at its highest alt in the last bull run is still at profit till now. Even though it fall deep during the bear season but for great hodlers, they still make profit in the later run. If you are someone that hodl coin. BTC is a great option for you.

Yes Bitcoin may be volatile in nature but investing in it is indeed worth the risk as long as you know what you are doing, with the right knowledge and caution Bitcoin's  volatility can be handled and it's potential returns of investing in it outweighs the risks, you understand Bitcoin more than your friends and that is why you didn't write it off as being too risky. Bitcoin's volatility nature is one of the reasons why people see it as a high risk investment and I wouldn't blame them too much because they are right and just like every other investment there are winnings and losses but with the right strategy investment in Bitcoin guarantees high profits.

The benefits in investing bitcoin are more , store of value,  one can make it an investment which profit can be made from it, if only one is ready to go for longterm investment.  The only risk in bitcoin is when people don't really understand it  and try to invest to make moey quick from it and to invest with the wrong money which is not meant to be used for volatile investment like bitcoin that requires long-term,  then this can be very risky to go into.

It is easy to earn income from Bitcoin investment if you can wait for a long time. Long-term investors can come up with something that they can profit from, as we have seen that Bitcoin has been able to achieve high returns in long-term investment, so long-term investors can definitely make a good a while.

This digital currency is not regulated by any law or government, so you can adopt it as you wish, which can later play a special role as a safe haven for you to deal with the global economic crisis. For some people, Bitcoin acts as a center of investment convenience. Its main advantage is volatility, which creates high profit potential for long-term investors.

It is important to have a long-term mindset when investing in Bitcoin, as it will then help you create a safe haven from market fluctuations. This investment method will definitely be risky for those who invest for high profits in the short term.

Bitcoin volatility should not be a problem for a long term investor because they already know say they profit go come later after everything, so Investors with long term mindset no suppose worry about Bitcoin volatility rather people wey suppose worry na people wey dey trade Bitcoin because there own na to make asap profit which sometimes they choke them and again na that same volatility they make them get profit sometimes because if Bitcoin they fixed how they wan take make the profit.

For experienced investors  to Bitcoin they should be aware that the volatility that we are talking about even helps to stabilize the price of Bitcoin in the long run so  volatility should not be an excuse to anyone who has the mind of investing in Bitcoin, one thing that we as a people needs to know is that life is a risk so everything in life is risk so when it comes to bitcoin related investment people should look beyond the risk involved.


In any business venture that we as a people has in our minds we should know that such business has thesame  failure rate as it success rate too so people should be foresighted enough to see the opportunities that bitcoin will offer when you invest into it than the risk

That is what some people don't no about risk, if u want to choose any risk in life, let it be the risk of knowing BTC because it will help u to grow financially wen u no how to store your money in BTC. There are some risk u will not take with some memecoins because u no what will happen wen the memecoin disappear from the market, which is not good to take anyhow risk in this industry.

It take those that have other sources of income to be patient in the bear run not to sell, because dey have other things that will be sustaining dem till the price of their choice hit market before dey can sell to achieve success.

Person suppose to get real knowledge and understanding say Bitcoin de different from other cryptocurrencies, aldo e de volatile but im don build trust for crypto market. Na for di early days of im creation na im plenty people get fear weda na Ponzi scheme wey go fade away. Today Bitcoin don build a solid reputation as a store of value and dat na why di adoption de increase geometrically, no other crypto see di back of Bitcoin for adoption.

People wey still de see Bitcoin as a risky asset today de lack proper knowledge about am, because from facts of previous circles e de always reach ATH for every bull run including this present one. Dis dump wey de happen presently na opportunity for wise investors to de accumulate dem bags because sooner or later another ATH go happen.

Your friends are not the only ones who have bad feelings about Bitcoin, but my question to you is if it is good to argue with others that the risk involved in Bitcoin is not similar to other investments since it seems that you are convincing them to believe in Bitcoin. It is not needed, in my opinion, to argue with people who do not accept what you said and choose to go their own way. If they believed in you and invested in Bitcoin, how would you explain to them at this point that the price of Bitcoin is falling?

Furthermore, the risk that involve in Bitcoin is worth taking, and we should not sell property that we do not own only to invest in Bitcoin. As you bring up this topic, some newbies may be eager to invest in Bitcoin since the risk worth it, but we must avoid making the mistake of selling something like family land because not everyone understands the value of the risk you made.

Don't blame your friends that ague with you, they are just probably not knowledgeable about Bitcoin and how it works. We were once in that shoes before. The problem about people is that they are too quick to judge things they don't know. about. They would probably say the opposite when they get to know more about Bitcoin.

I get your point but there's nowhere that satoshi said Bitcoin was an experimental currency. I'm pretty sure he was always certain that Bitcoin was going to work. Man did all he did and went into hiding for a reason even before Bitcoin became a success. If he thought Bitcoin wasn't going to succeed, he won't had gone into hiding but he did that to remove himself from the picture and for Bitcoin to grow independently of no founder but only the community. Bitcoin is an innovation that shouldn't be neglected, there's so much at sake of lyou osing when you don't invest in Bitcoin than what's at risk of losing when you invest so I'll always advocate for investing instead of acting ignorant.

The volatility of Bitcoin isn't really as high as other crypto currencies (altcoins) this makes them more stable compared to others. But you are right, investing in Bitcoin also puts you at risk of losing but the rate of the dip isn't going to exhaust your portfolio the way altcoins does.  To me this is one of the reason why Bitcoin is more invested in than any other crypto currencies in the market. At the end of the day everything we invest in the financial market is risky.

Yes, your friends are not lying that cryptocurrency is risky but it is a risk that is worth taking because the risk can be controlled to your advantage to benefit from it. The cryptocurrency market has overtime developed from what it used to be in the early days and all is due to the mass adoption of it and how people have embraced bitcoin.

Other cryptocurrencies have had bad times that will make you not to put your money into any cryptocurrency asset but when you trace the track records of them, then you’ll see how outstanding bitcoin has been and how people who had embraced it have benefited from despite the risk in it and the volatile nature of the market.

When you have a good knowledge about an investment, knowing the advantages and disadvantages of it, you can immediately fathom how to benefit from it and not to fall into big losses that will affect your overall portfolio. Bitcoin is worth knowing to be a dependent crypto asset to invest in because of the potentials it has over all other assets of bitcoin for a profitable investment overtime.

in addition satoshi had to play hide and seek in the investment of bitcoin he already knew that bitcoin was going change some people financial life for good, so let us all take note satoshi choice has been made up that he would show his face.

Yes, but it’s risk taking, especially when you know much about it, even if you lose at times but at least your winning will be more. No matter what how fluctuating the market is but knowing the right time to invest is very necessary but doesn’t mean, one has to put a huge amount of money into it, as of when the market is bad. But in all, always trend with caution and plan very well before taking the risk.

It is high as far as it is in crypto so there is going to be volatility because Bitcoin is usually the issue and it controls the whole situation so anything that happens to Bitcoin happens to any other coin just that when it comes to the entire market, and the dip of bitcoin is usually better to compare to another type of bitcoin but when you generally look at if you are interested in the market then you should just avoid investing in bitcoin and this is happening because they don't want to learn but they want to invest in what they dont and they should consider learning than investing without learning there is enough reason why learning is important.

And the same way that people are making it hard for themselves there is enough reason for people to take learning seriously because when you learn it makes things easy for everyone but people concentrate on the wrong things, instead of learning.

Of course, Bitcoin is not risk-free. But the risk we are talking about is now far away. So we can say that Bitcoin is currently risk-free. But ordinary people who do not know what the risk of Bitcoin is, they think that the price is low, therefore the risk of Bitcoin.

I want to tell them that the low price is not a risk of Bitcoin, but rather it is a feature of Bitcoin. If you look at the features of Bitcoin, you will see that the price is low and the price is high.

Bitcoin is one of the most volatile assets, but nothing in this life is risk free, Bitcoin have improved drastically in past years it still doesn’t make bitcoins risk free, but long time holders are more of risk free. If you hold bitcoin for a long time is more volatile to trader. Most importantly bitcoin holds the control the situation of the cryptocurrencies, but if you can check the track record of other assets you observe Bitcoin is a risk worth taking because in recent years it has been profitable to invest when ever it dips. It’s also important to have a good understanding and knowledge before purchasing. But I guarantee you it’s a risk worth taking

If you invest wrongly you will lose your investment. So many factors are needed to have a successful investment. Your decision matter, your financial level, strategy, risk tolerance, including other method for aggressive buying.

You are terrible in communicating things about bitcoin I just noticed. I am still confused up till now. What is the low price is not a risk but a feature of bitcoin? Please elaborate on this to clarify for understanding.

How do you mean the risk we are talking about is far away? Anything investment is risky because the outcome is not guarantee or certain because if it was..., some people will use all there life savings to invest but because it is not guarantee that is why they advise us to always use waiting we fit afford to loss. However, but because of how long Bitcoin don stay and how the value have appreciated that is why some persons will say it is a promising asset or project but don't get it twisted and the low and high you are talking about is what is known as volatility ( up and down) that is Bitcoin behavior.

Yes it's worth taken as long has you are incharge of the risk to be taken, also know as risk managing. Meaning calculating and implementing good stop-loss.

In this part of the world we find ourselves taking risk is very important in life to be successful, If we decide never to do then we do not stand a chance, but if we decide to do it then we stand a chance, We all know that Bitcoin is Volatile asset which also means that it is not risk free,

But it depends on your approach to Bitcoin that is very important, If you approach it with a long term investment you stand a chance of being more successful with a lesser risk, But its never advisable to trade on a Regular basis which have more tendency of more risk applied.

Your elaborate analysis about this set of people speak volume you we human mostly rely and believe fake news instead of carrying out research, practical or experiment to know the outcome of what stand to be rumors, I hard person relating Bitcoin to be MMM, I laughed within me because I know such person is myopic in understanding what Bitcoin is such person will not even tell good about Bitcoin because his knowledge is extremely poor, many compared Bitcoin with shitcoin and altcoin even meme coin they invested and hard losses on as a result of quick to get rich syndrome which lead them to be scanned seen Bitcoin as same, knowledge is very powerful and need given urgent attention when it has to do with investment.

people who thinks there is risk in investing in bitcoin are people who doesn’t have knowledge about bitcoin. You can’t categorize shitcoins to Bitcoin. Most of the people who talk how risky investing in bitcoin are people who are interested in trading and investing in short term without overaccumulation before trading at some little percentage, if you really want to enjoy your bitcoin investment it’s best adviced that you should hold your bitcoin assets for a long time. No matter how risky investing in bitcoin is. It can never be risky investing in Long term and HODL.

There is a risk on any valuable thing in the world and Bitcoin is a valuable asset. Because in the past, people did not know about coins or cryptocurrencies, but today people in almost all countries of the world know about Bitcoin. If you notice, you can see that people are slowly moving towards investing in Bitcoin. And the risk is that the amount of profit in cryptocurrencies is as much as the possibility of losing. If you cannot choose a safe wallet before investing, then your risk is even higher. Since Bitcoin is decentralized, it is natural to be afraid of losing your assets. However, since it is controlled by the blockchain, you can also have some peace of mind. Investing in Bitcoin can be a safe place to brighten your future.

Your friend is really funny because as long as live is concerned if one is not willing to take risk them the person can't not progress in any endeavour being it business or whatever.live itself is risk, so like wise bitcoin investment there is risk involved in bitcoin investment due to the volatile nature of bitcoin.so it is always advisable to invest in bitcoin money that we can afford to lose ,that is money that we will not be needing for a very long time .

OP I think your friends' argument was completely absurd, because they may have started making sloppy comments without judging the difference between Bitcoin and cryptocurrency. No one can guarantee that investing in Bitcoin is risk-free but everyone should understand that the risk level here is extremely low. Looking at the history of Bitcoin on Wikipedia, we see that the price of Bitcoin is increasing every year, so it is reassuring to see that it has potential.

Finally I want to say that progress is not possible without taking risks, so everyone should use their abilities and knowledge to make the right investments.

Na this experimental I no really follow through with shah although, the rest of your OP no Dey far from the point and watin don become the order of our time. Bitcoin don show say, in a small space of time and without getting any government support or following traditional rules to finance, projects fit get a huge market capitalization such that, it challenges the norms.

Even then, it still Dey grow and gaining popularity across nations without any form of campaign. That na to tell you say, once people get to know am for real, them go just Dey stocked to it. You hardly go wrong with Bitcoin investment, just get plan towards every penny way you invest.

Those his friends don't understand the irony of life, that if they can not take some risks, they can't make it and become anything good (wealthy) in life. From my perspectives, life is full of risks that's why one must get ready to take some risks if they want to become wealthy in the future. Although Bitcoin is a good store of value but investors should also invest with what they can afford to lose.

I think you should sit your friends down and educate them about bitcoin,a little knowledge would go a long way.Many people consider Bitcoin to as shitcoins that why they call it high risk investment,the ones that will run away with their money that looks very suspicious they won't consider it as a high risk investment for instance the recent crypto scam that's trending on the internet cbex precisely,there are certain arguments I don't get into, argument like Bitcoin is a high risk investment.We have short term investment and long term investment,maybe they were referring to the short term investment as a high investment or it could be trading I guess.I think there's no risk in investing on Bitcoin,if volatility is the only risk many people consider,then it's also an advantage because if the market doesn't fluctuate there wouldn't have been no bull run moment and also no bear moment for investors to take advantage of the dip.

No investment way the come without risk, nah just for the individual to know him risk management level to be able to know what he or she go fit afford to invest in. And another thing na to study or research about the asset you're about to investing in because that alone would encourage you towards more accumulation of portfolio when you're aware of the reliability, safety and liquidity level of the asset, which is all features way we fit find with bitcoin.

This na true and I agree with you 100%. A lot of people Dey fear to enter one investment or the other because say them feel say the investment carry risk, but them fail to realize say no investment or even business wey no get en own risk. But just as your talk earlier, if the person in question take time to research and investigate the investment, then e go know the exact amount of risk wey Dey involved, and if na level of risk wey e fit manage, e go know, and if not, e go still find out. Na then, them fit truly decide whether or not them fit actually get involved in that investment or business.

Considering bitcoin to be a high risky investment simply makes you not a real bitcoin investor, a real bitcoin investor that understands how bitcoin works, when to buy and when to sell.

However, many folks which see bitcoin to be a get rich scheme are person's that normally spread bitcoin to be highly risky asset. When they fail to get what they expected on a short term run they jump into conclusions that bitcoin investment is risky.
 
In conclusion, bitcoin investment is the most safety, reliable, risk free and profitable investment. Just understand how to go about it, hold for long and you will see the full benefit of it thank you.

Your opinion is correct @Tungbulu on one aspect of bitcoin exercise which is Trading. Bitcoin investment comes with a very low risk and stress. This is because a real bitcoin investor (not a Trader) does not invest for immediate profits. He invests for a very long period of time of even up to 10 years. Bitcoin is an asset which gets much better over a period of time.

When it comes to bitcoin trading, there's a lot of risk and not many people can withstand bitcoin volatility, hence the risk is not very worth taking.

 I can only agree with the OP when you talk of a long time investment which is when an investor has greater opportunities of making enough gain in bitcoin with less chances of loosing your funds.

Investing in Bitcoin has it's risks as well as other crypto currencies but over the years Bitcoin has proven to be more dominant over all others and it's growth is exponential..a lot of people benefited from the previous bull run and also other previous bull run seasons..But if you are not a beginner in crypto you would know that with every high rise comes a big dip.. just like every other currency Bitcoin is also volatile and it goes through constant fluctuations but the risks are definitely worth taking.. Bitcoin has made a lot of people rich an there's still room for more.

Gone are the days that we are supposed to be still doubting Bitcoin being a good investment. It no longer has the risk of Bitcoin scamming you with the fear that it won't succeed because Bitcoin has already done so well for over a decade. The risk is really worth taking because the worst that can happen is that you lose your investment capital which if you follow the basic rules of investing which is for you to not invest above yourself, you won't be bothered about the money being lost as it won't mean the end of the world for you. Practice self custody and you won't be scammed from wallets hacks or exchange hacks.

Those guys that consider bitcoin investment as a high risk investment are those people who don't know the difference between bitcoin investment and shitcoins because they think bitcoin investment is more like shitcoin investment that easily get dump after hyping must have taken place. Talking about volatile nature, obviously  the market itself is very volatile, but the volatile nature of bitcoin is quite different from that of other crypto currencies, so I don't think if that should be the reason why those guys keep considering  bitcoin as a high risk investment.


As a investor that you're there are some certain things you don't need to argue with your friends, because most argument is not worth it. if you try to explain to them and they refuse to give you a listening ear why don't you Walk away and save your time or better still use it for something else that can add a good value to your Life. Because if you keep listening to those thier (side talks) you might probably get poisoned that's if you're this set that don't trust bitcoin that much.

While we may not completely rely on Bitcoin historical performance but to only see it as a potential guide towards what may be achievable through Bitcoin over time, I will put it to you that anyone who can not think of Bitcoin volatility in a different dimension as that which has brought Bitcoin to where and what it is today can not or shouldn't invest in Bitcoin, that is to say that Bitcoin volatility is a factor of Bitcoin functionality which keeps bringing new investors in to the spot light, we should generally not see Bitcoin volatility as risk even though it is risk free and the reason why we should invest from our discretionary income and maximize every buying opportunities of the market volatility for the future.

Exactly my point, Bitcoin has outperformed over the years and is still showing promising moves of even a better outbreak in the nearest future. The fear of thinking investing in Bitcoin is a risk should be eliminated as everything in life is a risk even planning is a risk.

So why put so much fear about something that could retire your entire generation because of the fear of losing everything. The popular saying "go hard or go home" should be fully incorporated into our way of thinking about Bitcoin investment. It's either a win or a loss, so while put so much faith on the loss and lose out on the wins to come?

Well the truth is, investing in bitcoin is a risk but compared to other types of investment or other projects to invest in, bitcoin is considered less risky. There is no business that is not risky and bitcoin  is not an exemption but it's risk is manageable when we follow the right procedures. That na why we no supposed to dey use money wey we supposed  used for any important  need take invest for bitcoin because we fit need that money any time and bitcoin no dey do magic say price go just increase just now just now as you make invest, e go take a while and if you wan enjoy your investment na when you keep am for long period of time.

True talk bro, every investment get him own risk but Bitcoin na the kind risk wey really worth am..  The way I dey see am, Bitcoin don prove itself for more than 10 years now, so putting money inside am long term no be the same as trowing cash to random shitcoins. Like you talk, na patience and long term vision matter, once you get that mindset, the up and down no go even shake you, instead you go dey see am as opportunity..

And true, using discretionary income na the smartest play. If na money wey no go disturb your life you use invest, you no go dey panic when market dey misbehave. Bitcoin fit be risky, but the potential gain dey make the risk look small. That one na why I gree with you, na risk wey worth to take..

Bitcoin has proven itself to be a worthwhile investment, right from when bitcoin was created till today, bitcoin has overcome so many huddles in the cryptocurrency market and there was a time when the price of bitcoin was very small and so many people did not believe in the potential of bitcoin and then, the people that took the risk, the people that believed in the future of bitcoin, invested in bitcoin and today, they are bitcoin millionaires and are still holding some bitcoin in their portfolio.

Bitcoin is still a good investment today, just like it has made so many people millionaires in the past, bitcoin is still ready to make millionaires in the future.
Just take the risk and invest in bitcoin and allow it to stay in your wallet for a long period of time and through a bull circle you will definitely make good profit from your investment.

It's a very interesting question, and in my perspective I will say yes the risk in bitcoin is worth taking, and it's actions has spoken for it.
We judge the past to know how well we can trust any thing even humans.
And as yall have witnessed how productive bitcoin was and still is.
you will come to understand that that the rewards outweighs the risk
Which makes the risk to be worth taking
Although it depends on how different people view it, every one has their perspective
Some people might think its not based on their mindset or belief.

I think the highest risk in life is not taking risk at all, the wealthiest men on earth are highest risk takers. So investment in Bitcoin as a risk worth it

Of course, taking risks in Bitcoin is very valuable for us because if we invest in Bitcoin and take risks, it will definitely benefit us. Since Bitcoin is the only reliable and reliable currency compared to all other currencies, it is possible to make good profits in the future by investing in it with less risk. We have seen that the most popular currency of the present time is Bitcoin and people's interest in it is increasing a lot every day, and the demand for Bitcoin is increasing a lot. When the demand for Bitcoin increases worldwide, people will not sell Bitcoin, but they will try to hold it and the price of Bitcoin will enter higher. So if we can plan to invest in Bitcoin and hold it for a long time with a great risk, then of course we will be able to make good profits from it in the future and be successful.

Hey dear, Bitcoin is not the only reliable digital currency out there but rather it is the most reliable amongst all, let's not forget that there are still others that are useful just that Bitcoin beats them all since it's value is by far higher than others but that doesn't mean you'll disregard others coins like ETH, BNB and even SOL are still good digital currency.

 However, amongst all Bitcoin is the most reliable for investment purpose, anyone can risk their money on buying others, it's their choice but the one I'll advise that people should do anything legit to generate funds and acquire is Bitcoin, regardless of the risk, it has proven to be the best overtime and has passed the experimental test for investment option when it comes to digital currencies.

There are some sets of people in the cryptocurrency space who have had experience investing in all these shitcoin investments and other aspects without proper knowledge, which makes them have a strong belief that any cryptocurrencies are risky in nature or are scams. When we talk about risks, even your daily activities or your life entirely are full of so many risks as well; however, indeed, Bitcoin investment risks are really worth taking.

Op, i actually like your expression and confidence,when you finalized the whole story as Bitcoin investment risks is worth taking, obviously bitcoin started like just an experiment,which later gain recognition over all the coins and it's transparency have build a stronger trustness on more than millions of investors globally, Bitcoin price can fluctuate at any time due to its volatility in nature, this falling price of Bitcoin at times makes some investors, particularly those that can't abide by the Bitcoin investment risk or those that's have not gone far in cryptocurrency journey, as such that's why its always advisable to understand the risks before going to investment, have knowledge on what risks is all about, those who went thorough self research and invest what they can afford to lose, have a confidence on any risks in investment. Again, long-term investments are also the best investment strategy.

Compared to other types of cryptocurrency, bitcoin is most reliable and less risky assets. Right from onset it has been know fro its profitability but most people still thinks its gonna crash one day and that's how they miss investment opportunities and regret not entering the market when they thought price of still cheap. The truth of the matter is, price is always considered cheap compared to what we'll be seeing in the future but only few people believe in the future and that includes whales that keeps on buying consistently irrespective of the price level. If such persons with so much trust have made huge investment into bitcoin why then are we complaining or thinking we have much to lose by over stressing the word risk.

There’s no investment that is without risks, even life itself is a risk. To make am for life no easy, if you don’t take risks you’ll just remain stagnant. Bitcoin is a worthy risk cause it has massive value. For me I see the risks in it as a lesser one, why will I a common man fear when whales, cooperate bodies and Nations are stacking massive bitcoin regularly and holding. I don’t see anything in the foreseeable future that can pull the price to nothing instead all I see are just signs that will shoot it to the moon. I only wish I had started earlier but nevertheless I’m consistently buying as much as I can, no time to waste.

I agree with you that long-term holding has proven to be a very profitable strategy with Bitcoin. Demand keeps rising as more people and institutions recognize its value and that naturally supports higher prices over time. But I would say the “risk” isn’t completely gone. Regulations, market cycles and human behavior still play a role. The real edge if you ask me is having conviction and patience when others panic. That’s what separates successful holders from those who sell too early.

This life is all about taking risk and anyone that is not ready of taking such risk, that is he his not ready to grow financially.

Taking risk to hold unto bitcoin is worth it, if there is any investment that worth taking risk for then it's bitcoin, but a lot of persons still don't understand it, because they feel bitcoin is not physical, they believe in physical Investment , they feel bitcoin is highly risky because it is digital money, which they see as gamble, unlike gold and others that are physical, but soon they will come to realize their mistake for not taking that risk to invest in bitcoin when it speaks for it's self and the value goes higher beyond expectation , since they don't want to learn from past experience.

You’re right that Bitcoin isn’t the same as other random altcoins and that it’s built up a track record over more than a decade. But even long-term holders still face price swings of 50–80 % and there’s no guarantee of future performance.
The real difference is that Bitcoin has a fixed supply, strong network security and global liquidity, which makes it less prone to rug pulls or outright failure. That lowers some kinds of risk, but not the volatility risk. That’s why most experienced investors recommend only putting in money you won’t need for some time and using a slow, disciplined strategy rather than assuming that holding will automatically remove all risk

Exactly, life itself is a risk and Bitcoin is one that is actually worth taking. Those who took the opportunity years ago are the ones enjoying it today, so it is more of a calculated risk than a blind gamble..

People just dey call am risky because it is not physical like gold or land, but the world don go digital and value is not in what you can touch. Bitcoin don already prove em self, and the real gamble na to ignore am..

Yes people still refer to it as high risk investment because any investment that involves loosing of money is considered as risk. But the truth is that to make it financially, one must be ready to take risks. I believe apart from bitcoin investment, every other investment or business one wants to go into must have risk but it all depends on the individual if they are ready to take the risk or not.

Before going into bitcoin investment, you must have gotten the knowledge about bitcoin and studied how the market works . So when you’re acquainted with all this then I believe you will know the risk is worth taking because bitcoin is one of the most reliable cryptocurrency and when you take the risk and hodl for long term, you will be able to make good profits.