According to Vice President European Central Bank (ECB), Investors Taking a Risk Buying Bitcoin. What are your suggestions? Are you ready to take a chance and invest in bitcoin? Now investing in bitcoin is do or die, fight or flight situation.
I believe that the statement about Bitcoin attributed to that guy can be correct. Bitcoin is representing a risk but also some great rewards if one will just 'hodl' on to it. We have to remember that in anything we do and get into, there would always be risks and Bitcoin is not an exemption. There is no investment which is risk-free even those guaranteed by the government. It is a matter of knowing the risks involved and the corresponding returns on investment if things would turn out to be good in the end. These are the reasons why a good investor has to assess and do his due diligence before plunging into Bitcoin. Bitcoin can be a good investment but an informed investor can help the cryptocurrency much better. The bottom line here is that the decision to enter Bitcoin has to come from the investor himself since it his money that is involved here.
