Does engaging with bitcoins put you at risk?

[romero121]

Engaging with bitcoins will lead to risk, but the same gives the profit. The recent price drop is a perfect example for the same. None could've thought the price will fall low to $8500 in few days time. The price was perfectly bullish, and there is good inflow of investment which is to carry forward the growth. All of the sudden the market turned bearish, this is perfectly based on the uncertainty.

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[Williams_Leo]

Engaging with bitcoins will lead to risk, but the same gives the profit. The recent price drop is a perfect example for the same. None could've thought the price will fall low to $8500 in few days time. The price was perfectly bullish, and there is good inflow of investment which is to carry forward the growth. All of the sudden the market turned bearish, this is perfectly based on the uncertainty.

Yes, the situation from yesterday afternoon to today is a perfect proof of the risk when we start engaging in bitcoin, people always just think that bitcoin has a sideways trend to accumulate for a breakout of higher prices but it suddenly turned around and went down quickly without any sign. A lot of investors have been discussing this issue today and they have talked a lot about their losses, every time a surprise comes, the loss is significant, while in previous weeks, they are proud of their victory

[yulchatar]

Engaging with bitcoins will lead to risk, but the same gives the profit. The recent price drop is a perfect example for the same. None could've thought the price will fall low to $8500 in few days time. The price was perfectly bullish, and there is good inflow of investment which is to carry forward the growth. All of the sudden the market turned bearish, this is perfectly based on the uncertainty.

Yes, the situation from yesterday afternoon to today is a perfect proof of the risk when we start engaging in bitcoin, people always just think that bitcoin has a sideways trend to accumulate for a breakout of higher prices but it suddenly turned around and went down quickly without any sign. A lot of investors have been discussing this issue today and they have talked a lot about their losses, every time a surprise comes, the loss is significant, while in previous weeks, they are proud of their victory

Perhaps now is just the right time to buy? And when the price goes up, we will say that it was a good time to buy bitcoin and that it was our victory. For some, the current situation is an unpleasant surprise, while someone was looking forward to this moment.

[seanskie18]

The truth is, investment is always at risks and Bitcoin is not an exempted on that. The best way to do is to choose wisely on every crypto you invest. I think, risk is also part of the success.

[bitzizzix]

Risk is always present in life and risk will make someone more mature and better because they learn from the mistakes or risks that are being faced.
and invest wherever there will be risks including investing in bitcoin, It is better before investing to do good learning and understand what you want to invest and do analysis and want to learn or ask people who are experts and for your consideration in investing so You invest in the right time and minimize risk.

[styca]

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?

Bitcoin and crypto in general is certainly a gamble in the sense that you convert fiat to crypto, and there is the potential for the crypto you've bought to drop significantly in fiat value.

But this is not the most important thing. What is important is that you are seeing the potential that crypto has to change the world. It offers so many advantages, speed, security and an inviolable historical record. By backing crypto you are helping in the long process to wrest control from governments and elites, and help us move to a more egalitarian society. Yes you may gain money. Yes you may lose money. But either way, you are part of the movement of resistance to government and corporate control of the economy. You are fighting the elites who bleed us dry, those responsible for the financial crisis of 2008, those who benefitted from it whilst forcing everyone else to suffer. Those who suppress ordinary people and just sit back and skim off profits for themselves. Inequality is increasing and is moving towards unprecedented levels. By investing in crypto, you are investing in the future of ordinary people. That is the important thing, and that is not a gamble, it is just morally right.

Sorry, channelling my inner motivational speaker there. TL;DR: crypto good fiat bad.

[BennyK]

Using Bitcoin for transactions do not pose any risk to the Bitcoiner. The risk set in when it comes to its investment as every investment has some level of risk. Although an investor may perform researches before investing in Bitcoin, yet no one can grant 100% assurance that Bitcoin will rise within the speculated time set by the investor. However, we all know that in the long run, Bitcoin recovers and make new heights of pricings.

[akirasendo17]

What do you mean by engaging with bitcoins?
you mean to say you're life is in danger?
or by transfering like millions worth of bitcoin?
its anonymous,
ir you mean to say it might be hack on their way to the reciever
probably not gonna happen because its not centralized like banks
your money is secure even if you sent billions worth of bitcoins
the only way you'll put you're money at risk is when you send it to a wrong address,
you're life will be at risk if someone found out you have billions  they will probably rob you
but in bitcoin it will be totally safe as long as you have the key to your wallet

[adamlillian]

For me, trading bitcoin is really risky. I worked hard for the past 2 weeks, I worked for the company and got paid, then traiding profitable when bitcoin grew. but in the past 2 days, the market has dropped 30% in value, I have lost everything I have in the market.
I usually trade margin and made a false prediction for a moment and then I lost it all. I have never seen a market as risky as this one.

[joromz1226]

This was mentioned several times here, in every form of investment there is always risk involved.
So, once we engage with bitcoin it means you are ready to take risk, whatever happen whether you win or loss.
Because, this is bad side of bitcoin world industry. It will only be risk once we are doing the actual trade
in the platform.

[binhvo1505]

I used to trade in the US stock market, I was trading on nasdaq and it was pretty good even though the profits were not as high as in the crypto market.
but when trading in crypto, one day I can earn 1k $ but the market has taken back all my capital and profit. The market doesn't follow indicators, it just depends on shark news and trends.
I have never seen a major manipulation like the crypto market and trading here is very risky.

[yoseph]

I used to trade in the US stock market, I was trading on nasdaq and it was pretty good even though the profits were not as high as in the crypto market.
but when trading in crypto, one day I can earn 1k $ but the market has taken back all my capital and profit. The market doesn't follow indicators, it just depends on shark news and trends.
I have never seen a major manipulation like the crypto market and trading here is very risky.

Thats true about Bitcoin and other cryptocurrency trading, you can easily lose all the money just as you can gain them, there are signs you can follow though, I have noticed that whenever there is a FUD or uncertainty  spreading around, it always ends with the value spiralling down.

[micher143]

I used to trade in the US stock market, I was trading on nasdaq and it was pretty good even though the profits were not as high as in the crypto market.
but when trading in crypto, one day I can earn 1k $ but the market has taken back all my capital and profit. The market doesn't follow indicators, it just depends on shark news and trends.
I have never seen a major manipulation like the crypto market and trading here is very risky.

Thats true about Bitcoin and other cryptocurrency trading, you can easily lose all the money just as you can gain them, there are signs you can follow though, I have noticed that whenever there is a FUD or uncertainty  spreading around, it always ends with the value spiralling down.

you can't lose if you put a stop loss in every trade that you make, that is what am I doing so I can limit my lose but I can maximize my gains in trading. Patience, that is my key in every successful trade, and just simply following the trend will make you a lot of money.

[Lorna111]

Success in anyway requires risk.

A really good investment in bitcoin is a very good option for your business. I have been in Bitcoin for a few years and its nice to know that it's working on my end here. I grew and continuously growing with the risks that I have paid in trading and other activities. I think it would be best if you find a quality crypto to invest.

[Greed Dev]

 In my opinion, bitcoin is an investment and if you are an investor, you have to take risks and manage it, risk not only in bitcoin but also in many other areas such as real estate or Bonds, want to be rich and successful, you must patiently spend time learning knowledge about that field, success is not for cowards and fear risks. To reduce the risk of bitcoin investment, you should learn from professional investors, invest small amounts to gain experience, monitor the market, make investment plans.
For me, investing in bitcoin is a way for me to have financial health.

[Naida_BR]

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?

That's a totally fair point, but I don't think that bitcoin and cryptos in general put you in a risky gamble.
It is a kind of investment which can be proven profitable or not.
Every type of investment hides a risk behind and this is not related to gamble at all...

[cutesgirl]

Bitcoin less risk than altcoin, how lower drop price of bitcoin always back again to higher price, but never put your hope with altcoin after price dump, too hard get back to the same price and never thinking you will get back your money after investing with altcoin and price have low, I faced many kind altcoin price down and never got on higher.

[blckhawk]

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?

Every investment is a gamble. Every gamble is a risk. Dealing with bitcoins or any other investment, whether it be real estate, stock market or real franchises, it will always have some risks associated with it. It's just the magnitude of risk factor and loss you can handle you need to be aware of. You should also consider your time span, if you're willing to wait for long-term investments or only short-term plans. I would consider investing in bitcoin in the short-term ones because the market for this is volatile and drastic amount of price change may happen within a couple of weeks or months so be wary.

[bitzizzix]

It all depends on how much capital you have to invest, but in my opinion investing in bitcoin is a very small risk, the most important thing is to have to do your investment method in the long run so you don't feel worried.
because when bitcoin goes down it will definitely go up again and it all depends on how strong your patience has to wait patiently.

[KnightElite]

Always remember that there are always risks in every investments that's why it is really important to identify the risks before making investments. I always consider the risks that I facing for me to know what strategy that I woll use.