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Author Topic: Poll reveals that 75% of the US investors believe bitcoin is 'very risky'  (Read 262 times)
Shyamthakur2
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July 31, 2018, 04:25:14 PM
 #1

Moneycontrol News

A poll conducted by Gallup and Wells Fargo revealed that nearly three-quarters of the US investors think that bitcoin is a "very risky" investment.

The week-long study which surveyed nearly 2,000 adults in the country who have invested either in retirement savings account or through any other account unveiled that only two percent currently own bitcoin, while more than 70 percent "have no interest in ever buying bitcoin."
https://www.moneycontrol.com/news/business/cryptocurrency/poll-reveals-that-75-of-the-us-investors-believe-bitcoin-is-very-risky-2784041.html/amp
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July 31, 2018, 04:36:13 PM
 #2

It's correct. Investing in Crypto is a risk. However, the profits it brings are so great that you can forget about all the risks. I believe in the future of this market and I am still involved  Grin Grin
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July 31, 2018, 04:45:44 PM
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Moneycontrol News

A poll conducted by Gallup and Wells Fargo revealed that nearly three-quarters of the US investors think that bitcoin is a "very risky" investment.

The week-long study which surveyed nearly 2,000 adults in the country who have invested either in retirement savings account or through any other account unveiled that only two percent currently own bitcoin, while more than 70 percent "have no interest in ever buying bitcoin."
https://www.moneycontrol.com/news/business/cryptocurrency/poll-reveals-that-75-of-the-us-investors-believe-bitcoin-is-very-risky-2784041.html/amp

I won't bother to doubt the report because even on the forum, the general feeling is that cryto currency investment is risky based on the advise to newbies to only invest what they intend not to use long term or an about they are prepared to lose but the 'very risky' part is where I would likely express displeasure because despite the risky nature of crypto, it has always compensated in for it in terms of returns within the specified period of time one is looking to invest that no other investment could turn out.  However, reading the article, it shows that mainly the old and women have not heard about bitcoin which I would conclude that old also would be responsible for larger part of the people that claim its 'very risky' as its going to be difficult for crypto to appeal to the seniors as its very against whatever they have come to believe about investment all their lives.

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July 31, 2018, 05:13:03 PM
 #4

Of course it's a risk, but think about it, you get a pretty big profit in a short time, and on the other hand the risk. But if you come up with the mind and of course luck, you can make good money on it.

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July 31, 2018, 05:18:05 PM
 #5

Without taking higher risk how can someone earn higher profits.  If someone wants earn high he will have to take risk.  Otherwise banks insurance investments are safe options they may try there.
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July 31, 2018, 05:19:57 PM
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The reverse of this sentiment is the one I just read about how millennials are 5 times as likely as older adults to say bitcoin is the best way to save for the future: m/2018/07/30/more-millennials-than-older-adults-say-bitcoin-is-the-best-way-to-save.html]https://www.c[Suspicious link removed]m/2018/07/30/more-millennials-than-older-adults-say-bitcoin-is-the-best-way-to-save.html

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July 31, 2018, 05:23:12 PM
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Of course, they are trading in low risk shares on the news make a lot of money. Here the scum spoils everything - even bounty to take. 90% of the bounty scum, that's why it's very difficult to earn in the crypt, but if 1 time hit and fired, then you can earn 200x. So it's better to invest in stocks, and in the crypt only from mining. It's almost impossible to earn a simple person here, unnecessarily because of fake and false information there is no one who is not responsible.

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July 31, 2018, 06:51:59 PM
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Everyone knows well that bitcoin is a risky investment and there is no need to conduct a survey for knowing this.But an interesting factor is that despite the risk factor in bitcoin,the number of investors buying bitcoin is still increasing as they have already witnessed many hundreds of people turning to be millionaires with the help of bitcoin.

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July 31, 2018, 07:29:36 PM
 #9

And those 75% of American’s will still be poor when bitcoin hits $50,000 per coin in the next 2 years.




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July 31, 2018, 07:32:16 PM
 #10

Not only American but also investors from all over the world think that risk is too much, but the income for which we are risking covers everything.
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July 31, 2018, 07:40:13 PM
 #11

Not only American but also investors from all over the world think that risk is too much, but the income for which we are risking covers everything.
[/quote

 We have a different opinion on the above topic question, This is just one of the Speculation from Poll survey, Every investment goes with the Risk factors in it, and all investors knew  this before investment into the market for specific coin or on Bitcoin. Everything here is at risk of losing dependent upon how you value your investment, you invest time to monitor then make a quick decision if needed to protect your investment.

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July 31, 2018, 07:46:26 PM
 #12

Everyone knows well that bitcoin is a risky investment and there is no need to conduct a survey for knowing this.

Apparently, everyone doesn't know. Only 75% said it was risky.

I feel sorry for the other 25%. Because of their ignorance, they are going to end up with nothing, regardless of what happens to Bitcoin.

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July 31, 2018, 07:51:34 PM
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First of all it's those investments that people are considering risky that end up paying the most. If most people thought that BTC means easy profit without risk they'd all go in, flood the market with money and stabilize it. That's how mature market are acting. Check out oil prices, natural gas, things like that. If you see a move of 10% a year it's a decent run. BTC can move by 300% in a month and it's considered nothing special.

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July 31, 2018, 08:16:03 PM
 #14

Moneycontrol News

A poll conducted by Gallup and Wells Fargo revealed that nearly three-quarters of the US investors think that bitcoin is a "very risky" investment.

The week-long study which surveyed nearly 2,000 adults in the country who have invested either in retirement savings account or through any other account unveiled that only two percent currently own bitcoin, while more than 70 percent "have no interest in ever buying bitcoin."
https://www.moneycontrol.com/news/business/cryptocurrency/poll-reveals-that-75-of-the-us-investors-believe-bitcoin-is-very-risky-2784041.html/amp
The influence of state structures and banks that warned citizens that investing in bitcoin is too risky a means investment is triggered. That's why they forbade their citizens to participate in ICO projects and invest in these projects. Bitcoin can be considered a risky investment of funds, but if it reaches high price values. However, the problem is that it is considered high in its value. With the high cost of bitcoin, its price may drop at any time due to the occurrence of panic, given its high volatility and susceptibility to negative information. When this can happen, no one knows. Or maybe it will not happen at all. Crypto currency is a completely new type of digital currency.

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August 01, 2018, 03:08:12 PM
 #15

It truly is very risky though. Mainly because of its volatile nature. And i believe that everyone of us believe that too. But also with this unstable price is where we can get huge profits that's why there are so many investeors that still invests here even with high risk
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August 01, 2018, 03:15:09 PM
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First of all it's those investments that people are considering risky that end up paying the most. If most people thought that BTC means easy profit without risk they'd all go in, flood the market with money and stabilize it. That's how mature market are acting. Check out oil prices, natural gas, things like that. If you see a move of 10% a year it's a decent run. BTC can move by 300% in a month and it's considered nothing special.

If only more people understood this. The riskier the investment, the higher the reward.

A lot of people shy away from Bitcoin because of it's volatility, but you need to be able to stomach the crazy price swings in order to make the high returns. Unfortunately, a lot of investors like to play things safe, and that's why Bitcoin is still relatively niche. That and the fact that it's a totally new asset class/technology. New tech scares people.

Once an ETF is approved, that will allow for non-crypto savvy people to easily invest in Bitcoin (assuming the minimum buy in isn't astronomical, which it probably will be). I'm waiting for the day when I can diversify a % of my 401k into Bitcoin...
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August 01, 2018, 03:16:25 PM
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 The problem is that it is considered high in its value. With the high cost of bitcoin, its price may drop at any time due to the occurrence of panic, given its high volatility and susceptibility to negative information
If most people thought that BTC means easy profit without risk they'd all go in, flood the market with money and stabilize it. That's how mature market are acting. Check out oil prices, natural gas, things like that. If you see a move of 10% a year it's a decent run
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August 01, 2018, 03:21:25 PM
 #18

I want to believe that 69% of those who partipated in the pool are not knowledgeable about bitcoin.
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August 01, 2018, 03:47:18 PM
 #19

Yes. Bitcoin investment is risky so is every other investment, bitcoin investment is capable of yielding a massive return on invesment compared to other investments.
Its left for investors to take calculate risk .
Know when to invest and when to pull out.
Life itself is risky.

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August 01, 2018, 03:59:08 PM
 #20

Moneycontrol News

A poll conducted by Gallup and Wells Fargo revealed that nearly three-quarters of the US investors think that bitcoin is a "very risky" investment.

The week-long study which surveyed nearly 2,000 adults in the country who have invested either in retirement savings account or through any other account unveiled that only two percent currently own bitcoin, while more than 70 percent "have no interest in ever buying bitcoin."
https://www.moneycontrol.com/news/business/cryptocurrency/poll-reveals-that-75-of-the-us-investors-believe-bitcoin-is-very-risky-2784041.html/amp

You need to invest the capital that you can lose, this is the risk.

And if there is a choice between the retirement savings account and the purchase of Bitcoin, of course everyone will choose a pension account, because in case of Bitcoin's collapse they do not want to literally starve.

The survival of man is put on the scales, and this is another category of risk. Undecided

An incorrect question was asked in the study. Sad
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