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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 886 times)
maman09
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January 14, 2018, 05:44:00 PM
 #81

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


how much you trust, and how much you know about bitcoin. if you enter the crypto world there is much you can do, but it depends on your knowledge. I agree with bitcoin is dangerous, but for beginners and not a scam. risk is part of the investment.
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Smpdytz
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January 14, 2018, 05:46:44 PM
 #82

No i dont think bitcoin is dangerous because it is good investment now and day by day it increase their value.there is no any investment without risk so my opinion is btc is still a good opportunity to new investors
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January 14, 2018, 05:49:37 PM
 #83

Think of it as stocks
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January 14, 2018, 06:09:34 PM
 #84

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


     Well, the way i see it, butcoin is really dangerous if you don't know sht about what you are doing with it or why you have or have not invested in it yet. But if you have an appropriate knowledge about bitcoins and how it works, there really shouldn't be any problem. Seriously. The only danger i see is the volatility of this currency/asset. But other than that? Nothing. As of now though. You know what i think is far more dangerous? It is the capability of our minds to over think everything and at some point, never get bithered about it. Both of these really did make lots of investors lose big money. So i suggest that everyone should take control of their emotions, do not get greedy, know your facts, and always set plans and boundaries. This way, you can decide more efficiently and more effectively.

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Webberson
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January 14, 2018, 06:37:35 PM
 #85

Some people say investing in bitcoin is dangerous, as a result of the fact that it has not gained global recognition and has not been accepted by some governments. But be it as it may, investing in the cryptocurrency should be an investment one should engage in, being that the innovation is at its early stage.

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January 14, 2018, 06:44:53 PM
 #86

What do you exactly mean? You can treat Bitcoin as a currency or a long-term investment. I understand that you might be scared of losing your money in case Bitcoin value drops dramatically but every kind of investment has a risk factor. You can't earn a lot of money without taking a risk. Many people who invest in Bitcoin blame it when we are in the middle of the correction. Why they can't simply wait?  Don't invest if you don't know anything about BTC and if you don't want to lose anything.
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January 14, 2018, 11:10:40 PM
 #87

investing in BTC has its risk just like all other businesses you can think of. the risk with BTC is if the price falls after you must have invested. when this happens, the value of btc you have drops and this can be heart breaking. another risk is that of getting your wallet hacked and loosing your btc. so in this case, you have to be security cautions.
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January 14, 2018, 11:11:30 PM
 #88

Dangerous from financial side? Well in short-term you can receive no profit but anyway till the end of the year his price would be near 50000$
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January 14, 2018, 11:16:15 PM
 #89

the risk is obvious, you can lose money in a short term even for a night if you are not a patient person, but on the other hand it can bring a lot of profit and you can earn your salary in one night.
mostkey
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January 14, 2018, 11:34:50 PM
 #90

why is it dangerous? I see so far bitcoin gives profit to every investor. maybe those who say it is dangerous only those who are afraid to invest there. because maybe bitcoin is still illegal. and have not yet received strong legal protection, but even so I do not think it's a problem to start investing there
Ray3z
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January 14, 2018, 11:38:52 PM
 #91

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

Yes it is true that bitcoin investment is very dangerous but you need to know that it is high profit too.
Dangerous for people who does not know how to manage the trading and by knowing the knowledge we can reduce the risk.
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January 14, 2018, 11:40:08 PM
 #92

Bitcoin is risky if you don't know technology or you don't know how to keep it. but for me Bitcoin is not risky in the long run it will go up eventually and price doesn't bother me in the first place.
retnoanjani
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January 14, 2018, 11:57:49 PM
 #93

Yes, it is very dangerous if you decide to invest with bitcoin without having basic knowledge and techniques in cryptocurrency.
Moreover, you just carried the current hysteria, then invest without calculations. You will only be disappointed if the price goes down and not in line with your expectations. Whereas the rise and fall of the price of cryptocurrency is a natural thing.

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January 15, 2018, 12:04:18 AM
 #94

Every investing have a risk thats the art of investing just don't get in if you don't have a guts
And save your money in bank if you afraid
In bitcoin no pain no gain thats hig risk but high return if you learn it first

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January 15, 2018, 12:50:23 AM
 #95

In every investment there is always a risk because you would not know if you will win or lose. And for you to succeed you have to take the risk but just invest the amount you can afford to lose. Bitcoin for now has experiencing a little movement in price compare to what happened last December that's why maybe they think that it is dangerous now, but one thing is for sure that bitcoin price will continue to increase so there is no need to worry.
reyblack
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January 15, 2018, 01:55:11 AM
 #96

In every investment there is always a risk because you would not know if you will win or lose. And for you to succeed you have to take the risk but just invest the amount you can afford to lose. Bitcoin for now has experiencing a little movement in price compare to what happened last December that's why maybe they think that it is dangerous now, but one thing is for sure that bitcoin price will continue to increase so there is no need to worry. 
   




Investment is a risk but here in btc in not a risk, because btc grows massively. So don't think investing at btc is a risk coz that of what i am right now believing and waiting my profits at btc. Just be patience.
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January 15, 2018, 08:55:16 AM
 #97

I think investing on bitcoin is safe. It is safer than investing on ico. Bitcoin price must be increase day by day and you can get profit. But you need to wait till the price rising. So it is a wise decision to invest on bitcoin.

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January 15, 2018, 08:58:35 AM
 #98

Actually it is not dangerous but by the way I'm not advice you to invest for BTC because of its value.
If I were you then I will invest for ICO and good alter coins.
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January 15, 2018, 09:25:34 AM
 #99

for the investors bitcoin is a good platform to invest and become a billionear if we invest 1000 dollars in the bitcoin we will deffinetly get 10000 dollars profit
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January 15, 2018, 09:34:34 AM
 #100

There's always a risk in every investment and as for bitcoin where 80% maybe of our population were still unaware of it. The risk is very high because they don't know if it's true or a scam so some investors are in doubt to gamble their money on it. But if we look on the other side, high risk produced big income and to prevent the losses in investment we need to conduct more research about it.
But as of now I can say that it is good to invest on it due to high demand but you must be careful where you put your money because there's alot of mining sites/ faucets that attracting investors with great promotional ads but in the end there is no payout and your money will taken out.

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