Does engaging with bitcoins put you at risk?

[KorakPawon]

We, as physically and intellectually healthy individuals, strive and survive to achieve our dreams, establish our roles in the society and fulfill our needs and wants. But in order to do this, we are also required to be financially healthy. The lingering fact is that money is not achievable as a single candy you can buy in the store. Sometimes, people risk their lives and reputation just to get a handful. Bitcoins are not officially a currency that you can just see in a certain country, that are being utilized and used. So, is dealing with bitcoins and other things related to it also puts us in a risky gamble?

I think I have to say yes, because unintentionally people put their luck on their investment through bitcoin. Investment be made in order to make and get some profits. It's actually gambling for those who do so, of course it puts them on risk, especially bitcoin itself is actually has many risks for those who only looking for some money.

[yvesp110]

Two points to share:
Respect the law and regulation of your country.
Properly manage your risk and investment portfolio.

Yes every country has some rules and regulation that we will have to follow. In this age of science we can easily do anything. If you find bitcoin is being down just hold and have patience and if you see that demand is increasing so this way you will defuse to sell at panic and you will earn higher than your lose infect with care you can almost finish the risk.

[basty03]

We, as physically and intellectually healthy individuals, strive and survive to achieve our dreams, establish our roles in the society and fulfill our needs and wants. But in order to do this, we are also required to be financially healthy. The lingering fact is that money is not achievable as a single candy you can buy in the store. Sometimes, people risk their lives and reputation just to get a handful. Bitcoins are not officially a currency that you can just see in a certain country, that are being utilized and used. So, is dealing with bitcoins and other things related to it also puts us in a risky gamble?

People know how cryptocurrencies risky is. So I think it's up to us if we want take the risk or not. In this earth you will never survive if you will not to choose to sacrifice or to take a risk because sometimes that's the only way.

[SeVenlast]

Very risky. this is indeed a natural thing. in my opinion to invest in bitcoin is indeed very large and at great risk here indeed you have to be careful if you want to invest

Bitcoin is a type of coin that is sure to survive and always be the queen of all other types of coins so it seems you are a little hesitant if you invest in Bitcoin. it seems like you are wrong to doubt that.

[kaizerblitz]

No, I don't use to invest my money on bitcoin i do bounty hunting that earns free cryptocurrency or a token that would exchange to bitcoin.

[Janation]

Very risky. this is indeed a natural thing. in my opinion to invest in bitcoin is indeed very large and at great risk here indeed you have to be careful if you want to invest

Bitcoin is a high risk high reward investment, that is really a natural thing.

Over the years there are a lot of people that earned a lot of profits out of crytpocurrencies especially Bitcoin since it has the most expensive price out of other cryptos available in the market. Also, in terms of other projects, some people just want to earn money out of people that wants to generate a profit by investing, in other words they are scamming other people.

[wahyu wida]

No, I don't use to invest my money on bitcoin i do bounty hunting that earns free cryptocurrency or a token that would exchange to bitcoin.

it should be with your steps like that, you seem to have no burden, so by setting aside a little income from the bounty to hold bitcoin, it will be calmer in dealing with it. and your future will be better

[iMark]

if you talk about risk then there is also definitely an opportunity created from that risk and I think the risk in bitcoin is balanced with the benefits that are generated if you really can take advantage of the best possible opportunities then you will get maximum profit, and dealing with bitcoin is not a risk if you can take advantage of the best opportunities

Nope, even though an expert can experience a loss, the point is that the risk will still exist even if you are a clever person to see the opportunity, because the price in the market is sometimes unpredictable and that makes the price fly anywhere and maybe make you lose. this investment is risky, so you should be prepared that is all

[reality18]

There is a level of risk attached to every thing especially those involved with money. Entering Bitcoin investment becomes risky when an investor enter blindly without any knowledge on how the crypto market works. There are perfect times to buy BTC in order to avoid buying the peaks during bull markets. All these must be taking into consideration in order to limit the risk that comes with crypto investment.

[Cherylstar86]

if you talk about risk then there is also definitely an opportunity created from that risk and I think the risk in bitcoin is balanced with the benefits that are generated if you really can take advantage of the best possible opportunities then you will get maximum profit, and dealing with bitcoin is not a risk if you can take advantage of the best opportunities

Nope, even though an expert can experience a loss, the point is that the risk will still exist even if you are a clever person to see the opportunity, because the price in the market is sometimes unpredictable and that makes the price fly anywhere and maybe make you lose. this investment is risky, so you should be prepared that is all

Engaging in Bitcoin carries a certain level of risks and losses. It needs preparation, skills, knowledge, and commitment when you engage in cryptocurrency to reduce the chances of losing big amount of assets. Market keeps on moving unexpectedly, price wildly swings at times, so it's very important that we know what we are dealing with, do research, study the market, and  never be afraid to fail. Learn from every good and bad experiences.

[Ziskinberg]

Engaging in Bitcoin carries a certain level of risks and losses.

The only risk is when you loss, before you start investing in crypto, you should know the risk so you are aware of possibilities.

It needs preparation, skills, knowledge, and commitment when you engage in cryptocurrency to reduce the chances of losing big amount of assets.

Along the way, your skills will improve if you are here to stay because you'll learn from your past and you will find ways to be more consistent.

Market keeps on moving unexpectedly, price wildly swings at times, so it's very important that we know what we are dealing with, do research, study the market, and  never be afraid to fail. Learn from every good and bad experiences.

That's the volatility, it's a big roller coaster ride here, so if you can take that, then I would say that you are destined to become a crypto investor.
Weak people emotionally has no room in crypto as they might easily panic when seeing the price dump, and that makes the market more bearish and whales will continue to exploit us with our weaknesses.

[jona]

In my own part not at all,it is best to invest what you can bear to loss and not putting all your life investment. Investing at short term is what will put investors at risk so i try to avoid short investment.

[Agapelove]

Cryptocurrency investments are very risky especially if you don't know how things around there work. This is one of the main reason why a lot of people lose bigtime in their investment. So, be knowledgeable here.

[Vanshenz]

the risk of joining bitcoin is very large, especially for investors, because they will experience losses if prices continue to decline, we all know that the price of bitcoin is uncertain.
but in my opinion everyone who joins in bitcoin must already know and think of all the risks that will be faced, so they make the decision to continue to join.

[Wildwest]

I am not like that, I have known bitcoin for several years. I know that joining in bitcoin I certainly have to bear the risk. Besides, I don't involve personal money to buy bitcoin,I only get it for free through work here.

[jack1111]

There is golden rule we read everywhere in Crypto, which is, do not invest more than you can afford to lose. As long term holder, I consider my Crypto investments as missed money,  that give me more time to focus on other things instead of checking prices every hour.

[hubballi]

If you take stock market investing then even their is also risk of loosing who investment if you invest in scam coins, so in any investing you have to take risk, it is like how big risk you take that big profit you earn. So i think investing in bitcoins should be same like you invest 10% of your income, like thinking that you have purchased some goods and if you get profit then it is your luck.

[FlightyPouch]

I am not like that, I have known bitcoin for several years. I know that joining in bitcoin I certainly have to bear the risk. Besides, I don't involve personal money to buy bitcoin,I only get it for free through work here.

That is right, we don't need to ask this question whether we put ourselves at risk when we invest on Bitcoin since Bitcoin is obviously volatile and that also means that it is really, a risky investment. So, if you will be investing on crypto currencies, better be ready with the risks that it will bear as Bitcoin is knows as the most volatile crypto currency or investment in the world.

[SeVenlast]

I am not like that, I have known bitcoin for several years. I know that joining in bitcoin I certainly have to bear the risk. Besides, I don't involve personal money to buy bitcoin,I only get it for free through work here.

It's one step for some people to invest their Bitcoin. Some people will use other methods such as buying the Bitcoin with their personal money when the price drops as it is today.

[jrrsparkles]

When we take bitcoin as our olyn source of income then we are in great danger to be honest since the bitcoin is highly volatile we never know what will happen at the next moment with the crypto currencies but until now the bitcoin made the people more richer pther than the people who came at 2017 so from that we need patience in the bitcoin investment even though it is highly volatile and liquidity.