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Author Topic: Bitcoin risky? It actually feels very, very safe to own Bitcoin right now :)  (Read 3690 times)
LuckyYOU
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January 07, 2016, 08:46:12 AM
 #21

I feel pretty confident with my investments that I have made in bitcoin, I don't have any regrets so far.
I think that people who are in it for the long term would have more chances of getting more profits out of it.

Denker
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January 07, 2016, 10:57:07 AM
 #22

Well what is risky and what is safe? Everybody has an own definition for that.
I think Bitcoin is still very risky, although 7 years old.There is a some more way to go before we really can be sure that Bitcoin is here to stay and it's value is not going down to zero (very unlikely imo).
dhimasnk
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January 07, 2016, 12:52:30 PM
 #23

not too sure if bitcoin completely safe. still be careful and do not be careless

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January 07, 2016, 12:56:42 PM
 #24

To be it is still very risky to hold onto Bitcoin. Although I did not buy Bitcoin before - I earn them - I actually have confident that Bitcoin price will not be at 400. Somewhere just above. I earn them and I hope to start from zero and reach 100 USD soon. Smiley.

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January 07, 2016, 01:07:24 PM
 #25

I do not find any risk in investing into bitcoin. Now a days bitcoin prices are more stable around $425.
Risk is there with type of investments so with bitcoin also. It is never recommended to put all of our earning into bitcoin or into any other one single investment type.
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January 07, 2016, 02:21:25 PM
 #26

not too sure if bitcoin completely safe. still be careful and do not be careless

There is not a single investment out there that has no risks attached to it. Nothing is ever too safe or too secure. It's a risk that we all take to invest our time and money into. 
n2004al
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January 07, 2016, 02:47:47 PM
 #27


The risk of bitcoin was the same since the beginning. Who believed on it (seeing and following all the activity related to it) has bought continuously - maybe even sell sometimes - but most of times has bought. We are in the same situation like the early adopters for those who will known bitcoin after 5-10 years. Have no meaning that between of us who are here be someone who don't believe in bitcoin. And who believe in bitcoin, think that is more safe than risky. Otherwise would be not there to discuss about it or will not hold any of those. Will sell all. In the same situation have been even our "predecessors". In this situation will be even our "successors". Who believe in it will find it always more safe than risky. Otherwise - repeat - will be not here to read and be active withing this forum.
thejaytiesto
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January 07, 2016, 03:07:23 PM
 #28

Yeah, I feel amazing at the fact all those idiots that hated on Bitcoin and relied on traditional stocks are crashing hard while we reap the benefits from their broken system. Serves them well.
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January 07, 2016, 03:10:15 PM
 #29

Yeah, I feel amazing at the fact all those idiots that hated on Bitcoin and relied on traditional stocks are crashing hard while we reap the benefits from their broken system. Serves them well.

To be honest, when I first heard about bitcoin, I never thought it would become something that it became today. I was one of the people who didn't believe bitcoin would become this big of a deal. So at the time I didn't invest into it. Which comes to show that, that was my mistake. But I came around and here I am, still holding what I have.
foxkyu
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January 07, 2016, 03:17:32 PM
 #30

Right now, i'm very happy about my investment in bitcoin

It is always risky to invest in anything. But for bitcoin it's very worth it.
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January 07, 2016, 03:29:39 PM
 #31

lot of people said bitcoin is very risky but some of them also say bitcoin is very safe because never got hacked or something else but for me personally having bitcoin is pretty safe now and as you can see the price jump over $20 today and i believe who buy it yesterday will earn lot of profit today
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January 07, 2016, 03:32:14 PM
 #32

I know it seems relatively safe due to the 'low' volatility. At least compared to back in 2013 when we saw those sky high $1000+ prices.
But prices can still drop, however unlikely it may be with the reward halving so close.

LFC_Bitcoin
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January 07, 2016, 03:34:04 PM
 #33

Totally agree.

- Stable (if not steady rising price).
- Close to guaranteed profit as a result of the halving.
- No threat of capital controls like there is in some countries with their fiat junk.


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January 07, 2016, 03:42:36 PM
 #34

I watched what happened in Greece closely and feel more comfortable having full control over my money, than trusting a back to keep it safe for me. I think the stock markets

can collapse every day. Why do they close the markets when there is a huge threat or something major happens? It's not to protect the investors interest, but to protect

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January 07, 2016, 04:08:15 PM
 #35

Not as safe as you think, the bitcoin in the end is just a protocol runs on thousands of servers around the world, if those servers agree, they can take your coin without your consent, especially when you don't own one of those servers

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January 07, 2016, 04:14:46 PM
 #36

That's indeed that Bitcoin is a safe asset. The only thing that could cause a mass drop in the price would be that another crypto-currency become more adopted than Bitcoin (that we all obviously know will never happen).
BellaBitBit
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January 07, 2016, 04:20:52 PM
 #37

Seems safe to me!

The price seems pretty healthy right now and I just cannot see it crashing down anytime soon. 

I saw an article today that Stanford is now offering an engineering coarse in Bitcoin, Stanford is top notch in academics and if they are on board that is a good sign. 

Each day more and more mainstream articles are coming out about Bitcoin and banks are scrambling to create their own version.

All of these things make me feel it is very safe.  I also believe strongly in the technology itself outside of the monetary gain possibilities.

I love Bitcoin
bearex
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January 07, 2016, 04:24:31 PM
 #38

Right now it is safe, but it might crash at any momment. Or rise for that matter. But i will still keep them, because i think it will rise in the future.
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January 07, 2016, 04:31:58 PM
 #39

Couple Reddit threads being overly optimistic about stagnant price of bitcoin is not gonna change that bitcoin could be extremely volatile at times.
But it is true that people (me included) are surprised that bitcoin value is quite stable (last year a year before we always had bitcoin price crash in January).
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January 07, 2016, 04:32:12 PM
 #40

It's not really stable, it's better than stable! If you've bought like me 4 or 5 months ago at around $200 then it was always up. Of course it's a bumpy ride, but Bitcoin has been appreciating year after year, so it's completely safe to say that if you buy now, it will be worth much more in the next couple of years if everything remains relatively normal.
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