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Author Topic: Is Bitcoin such a big risk?  (Read 1990 times)
FlightyPouch
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October 01, 2020, 01:08:45 PM
 #221

Bitcoin is volatile, we all know that. With the fast changing market, all we got to do is adjust, take oppoetunities and think. Scammers are not scary, volatility is not scary, what you should fear is not having the ability to cope up with the changes and what is happening. If you can't be scammed, scam is not a problem, if you could reduce risks you maximize your profit.
What do you mean by the inability to cope with change and what is happening? If you mean that a person must have strong nerves and good patience, this is true. As for scammers, no one is immune from a virus infecting their computer... You can get a business proposal from a company and you need to follow the link or download a file, and these were scammers. Scammers even use apps and videos for viruses.

What I mean by that is that there are those people that can't adapt with the changes that is happening in the market. Instead of reducing risks, making strategies to cope with the bearish or bullish market, they don't do anything but when they are seeing that they are losing they would blame the market or bitcoin because it is volatile and it is a scam.

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October 03, 2020, 01:46:49 PM
 #222

Of course, all of it has a risk, especially who are new in crypto world if you feel uncomfortable just don't put all your money in one place.
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