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Question: Is bitcoin dangerous?
yes - 18 (29%)
no - 44 (71%)
Total Voters: 61

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Author Topic: Investing in BTC  (Read 887 times)
reflector
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January 10, 2018, 04:04:15 PM
 #21

I heard that investing in bitcoin is dangerous. How true is this?  Huh

Not only bitcoin each and every investment has its own risks so you have check what are all the risk there and invest on it. For example, if you invest your fund your money in crypto trading platform as price fluctuates you may find the amount reduced.
If you buy and hold the bitcoin also you may find the price drop and increase in the chart. So you wait for sometime to find the growth in the chart. Early investors on bitcoin and ethereum making big profit by holding itself.
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January 10, 2018, 04:17:05 PM
 #22

Investing in Bitcoin depends on the user because they are the only ones who can make those big decisions in investing their own money. If they believe that bitcoin will still have their value higher than this present value, they will gain profit which will be good for the investor.
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January 10, 2018, 04:24:39 PM
 #23

Yes that's true, it is risky investment considering other investments like stocks, properties etc. It is also hard to estimate risk in crypto investments.

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January 10, 2018, 04:26:58 PM
 #24

It depends on you and which money you are putting into investing in BTC, I wouldn't recommend investing with all your savings just invest small amount which you are not planning to use for something else.

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January 10, 2018, 04:33:48 PM
 #25

I heard that investing in bitcoin is dangerous. How true is this?  Huh


you are wrong, nothing harmful from bitcoin, but rather risky. because it has a fluctuating value. this is why many people misunderstand about bitcoin. bitcoin was created to tackle financially more efficiently and unlike the banking capitalist system
soname12
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January 10, 2018, 04:39:09 PM
 #26

I heard that investing in bitcoin is dangerous. How true is this?  Huh
What gives us the most profit and the shorter the profit is, the more dangerous. The bitcoin price is also very high so it is very risky so I think it is advisable to make the right decision when investing in it.

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January 10, 2018, 04:46:48 PM
 #27

Answer in one sentence: NO risk NO gain.
also another sentence as a suggestion: if u have 100 USD, then invest 20 or 30$ for BTC / ALT coin, rest amount keep as safe money for ur backup.
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January 10, 2018, 04:48:24 PM
 #28

There will be risks in all investment and the more you take, the more money you gain.

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Meysa_richa
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January 10, 2018, 04:49:54 PM
 #29

I never feel a danger in bitcoin investing, I think bitcoin is actually the safest and most profitable place to invest because we can benefit from the bitcoin price increase.
itf991
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January 10, 2018, 05:03:11 PM
 #30

I don't think investing into bitcoin is dangerous. In early April 2013, the price per bitcoin dropped from $266 to around $50 and then rose to around $100 in July closing $1,242 on 29 November 2013. There is a possibility to hit 50k or more by the end of 2018. There is never too late to buy BTC as long as you willing to hold them long term IMO.
rollingstorm45
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January 10, 2018, 05:09:36 PM
 #31

never invest in BTC, BTC is not very suitable for people who have weak hands, who are easily provoked by issues or false news

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January 10, 2018, 05:12:27 PM
 #32

I heard that investing in bitcoin is dangerous. How true is this?  Huh
]As far as I see it is dangerous or not, it  depends on how you do it. In fact, there are a lot of people who view  btc as a formal job and many of them have become richer. However, some people have invested a lot of money in investing in btc.

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Cryptalking
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January 10, 2018, 07:36:58 PM
 #33

i think it depends on the trader hehe. But me personally, i really don't see how this could be dangerous except for when you sell your house, car and belonging only to put into BTC. This irresponsibility is in my opinion the most dangerous thing about Bitcoin hehe anyway, good luck

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kodtycoon
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January 10, 2018, 07:46:51 PM
 #34

Why some people say bitcoin is dangerous? While I find the maximum results with the help by bitcoin, I honestly say that I found something different since I know bitcoin. My finances have increased by investing in bitcoin ,altcoin and have been widely trusted by people in my country on this.

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yoseph
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January 10, 2018, 07:58:05 PM
 #35

I heard that investing in bitcoin is dangerous. How true is this?  Huh
It is mostly those who are against most notably the bankers and the media who are always attacking the cryptocurrencies especially bitcoin because they fear it's potential because they know that they are not going to be able to control it in the first place.
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January 10, 2018, 08:08:41 PM
 #36

Most investments are dangerous, it is just a matter of how dangerous. In my opinion investing in Bitcoin now is not as risky anymore as it is quite stable compare to altcoins. Altcoins prices are far more unpredictable at this moment in time becasue of they are relatively less established.
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January 11, 2018, 02:33:51 PM
 #37

Investing in anything or in any market is a combined work of skill with patience.This quality develops when you have large heart and positive state of mind.People who thinks negative and does not have ability to resist pressure can fall quickly and than it becomes more difficult to achieve profits.Investment is a risk work and risk comes with fear of loss.Fear can help you take cautious decision or can make your decision difficult. BTC market is no different as you have to be patience and skillful with your decision,Your risk will be much lesser.
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January 11, 2018, 02:37:42 PM
 #38

I heard that investing in bitcoin is dangerous. How true is this?  Huh
Actually, all kind of investment are dangerous because there is a chance that you could you earn high income or you could lose your money and capital. In addition to that, bitcoin is also a risky investment because the price is not stable and we all know that the price of bitcoin is volatile and I think it is the reason why you can it is dangerous.
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January 11, 2018, 02:38:14 PM
 #39

Everything has some positive sides and some negative sides. Bitcoin as well as each venture has some sort of hazard engaged with it.

Speculations are liable to dangers and without dangers you can't procure more cash. Bitcoin is exceptionally unstable in nature and this why there are many individuals saying Bitcoin is a dangerous venture. In any case, the thing is that in spite of the fact that there are dangers, the chance of making benefits are more than that.

This is the reason BTC has developed such a great amount of prevalent in the course of the most recent year since it made more than 17x times it's cost since the start of the year.
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January 12, 2018, 12:51:48 AM
 #40

Everything has some positive sides and some negative sides. Bitcoin as well as each venture has some sort of hazard engaged with it.

Speculations are liable to dangers and without dangers you can't procure more cash. Bitcoin is exceptionally unstable in nature and this why there are many individuals saying Bitcoin is a dangerous venture. In any case, the thing is that in spite of the fact that there are dangers, the chance of making benefits are more than that.

This is the reason BTC has developed such a great amount of prevalent in the course of the most recent year since it made more than 17x times it's cost since the start of the year.

I would agree that for every investment there is always a risk involved  however for BTC, the risk probability is not that high considering the volatility in the price market since it is normally happening. Certainly, per history of BTC has a trending of upward increase in its market price value. As for bitcoin investors, the skill is very necessary and the depth knowledge about the cryptocurrency world.

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