How risky do you feel investing in Bitcoin is in this point of time?

[GeorgeJohn]

Just want to see a general consensus of how risky investing in Bitcoin here is in this point of time.  Me? I feel it's on the verge of being hardly risky at all.  So my answer is a little risky.   I know, controversial poll but oh well.

Bitcoin investment is like an entrepreneur investment anything can occur during the process of investing, the risk measure determine through the format used during the investment, so the the possibility of getting profit and the possibility of getting lost is proportional to an investor, having this at mind that investment is made up of risk which is profit and lost.

[ILuckyGuyI]

If you expect the price to at least double itself this year, I think it is a risky investment for now. Because many people have an expectation like that but the price could go directly the opposite way also. But if your aim is HODLing for years maybe, then you can go for it. But for short-term investors, it seems really risky now.

[aoluain]

I voted Somewhat Risky purely because we cannot predict the future.

As per @mk4 and @jackg we are still in a bull market eventhough we have had
a sizeable pull back from the ATH. That ATH can and will be replaced with a NATH,
but when? This week, this month or next?

If you are investing short term, its risky.

If you are investing until the end of the year its less risky if you are able to realise
your profit at your choice time.

If you are getting in for long term (years) the outlook is less risky but anything
can happen, i.e Black Swan Event

[Altcoinsintel]

I would love to know how you define price of Bitcoin as low risk. I like using fuzzy logic and polls with enough interaction may give something to consider, but I also like to go into details.
I find the current prices of almost all cryptocurrencies being too risky. Bitcoin is treated differently from the rest, so I'm just thinking our strategies should always contain 50% in bitcoin as this could save our portfolio from trouble later. To answer your question, there is huge risk, but also opportunities. I am not going to buy and hodl for long term for the time being, but I'm going to trade the swings. There is a lot of trading and the dips offer some good percentages.

[aprilnot]

I don't think it's too risky. although bitcoin had dropped below $ 50k, but it could eventually go back up. it indicates that the bull run is still strong enough to continue the trend. the market also looks good. because not only bitcoin can maintain its value. altcoins are also good they are following the rally and are on the right track. that's why I don't think it's too risky right now.

[NelfiNovita]

investing in bitcoin will definitely be at risk such as the decline in bitcoin prices and losing your bitcoin because it is stolen by someone else. bitcoin can go up and down because traders use bitcoin to be traded on the crypto market, this is what causes the price of bitcoin to never be stable. Bitcoin wallets were stolen by hackers because they were not careful in creating passwords or were not careful in storing bitcoins in a secure wallet.

[Oasisman]

Just want to see a general consensus of how risky investing in Bitcoin here is in this point of time.  Me? I feel it's on the verge of being hardly risky at all.  So my answer is a little risky.   I know, controversial poll but oh well.

Not really that risky. Especially when you're planning a long term holding/investment in Bitcoin.
As you can see, there are still a lot of bullish predictions and news about Bitcoin reaching 6 digit figures and even 7 digit figure.
Some might think just like you where Bitcoin might be on the verge of falling just because it has rapidly grow since last year.

Imo, Bitcoin is far from the peak and not much to worry about If you're holding for long term.

[geegaw]

I don't think it's too risky. although bitcoin had dropped below $ 50k, but it could eventually go back up. it indicates that the bull run is still strong enough to continue the trend. the market also looks good. because not only bitcoin can maintain its value. altcoins are also good they are following the rally and are on the right track. that's why I don't think it's too risky right now.

Based on the trend of the day and a few days, the risk for investing in such trends would not be too high as bitcoin retains its value and creates milestones of hard support, in the face of these crashes, bitcoin still has plenty of energy to return, reasonable in investment can still make a profit with bitcoin but considering the long-term level, this is the risk due to the depletion of energy from the market. Looking back at the past of bitcoin is a way to help us become more wary, the few years of waiting to see bitcoin as it is now is too long, I do not want to continue such a journey, it is safe to join altcoin

[Alucard1]

Investing in bitcoin would be riskier if you are only planning for a short term investment, if you are also weak hands then that would be risky as well, some people who have weak hands are those who sell their bitcoin whenever they see a little down for the value of bitcoin and that is what makes them have a risky investment because of doubting bitcoin.

[Darker45]

You have to qualify risky. Would you consider Bitcoin a risky investment if a week after buying it losses 40% of its value but grows 650% in 2 months' time?

I think it depends on your investment plan. If you are to invest in Bitcoin for a quick growth of your money, it is indeed very risky, but if you are planning to invest in Bitcoin long term, say, 5 years or 8 years, I guess it is hardly risky at all.

[Henrobakkara]

To be honest, I believe it depends on you time frame for investing. Even though we can never take away risk when it comes to investment let alone in Cryptocurrencies, so there will always be risk but if you are investing on Bitcoin for the long term and not to see if you can still make good profits from this current circle, Id say invest and enjoy the ride.   

[Kakmakr]

If you have a balanced portfolio.. risk can be managed. Let's say you have solid investments in conservative investments like Gold and Silver and some money in fixed deposits, then a little investment into a high risk investment like Crypto currencies.. would be a good boost.

If you have to get in now, do it with very small amounts... because we are pushing to a new ATH now and it did recover a lot from a previous dip in the price. We might see a new ATH soon... but there are no guarantee for that. 

Important thing is.... get your baited hook into the river... or you will never be able to catch the big fish. 

[Daniel91]

In order for someone to answer this question, he must first decide what his long-term goals and plans are.
I have been investing in bitcoin since 2014 and I have always viewed bitcoin as a long term and risky investment.
In these 7 years, bitcoin has had very big ups but also huge downs.
Still, I always had my long-term financial goal that I wanted to achieve and I was willing to take risks and wait as long as necessary.
In my attitude, nothing has changed even today, at this moment.
I will continue to invest in bitcoin and keep it in my wallet until I reach my long-term financial goals.
I see no reason why I should withdraw all funds too soon and give up my financial goals as long as there is a chance that bitcoin will continue to grow 

[kryptqnick]

Just want to see a general consensus of how risky investing in Bitcoin here is in this point of time.  Me? I feel it's on the verge of being hardly risky at all.  So my answer is a little risky.   I know, controversial poll but oh well.

If a person wants to invest and forget about it for, say, 5 years+, then investing now is probably not that risky. I think that the price will go down, but it will also go up afterwards, so over the course of years it's not very important to look for the lowest point. However, if it's a short-term or mid-term investment, the price can go 50% down easily anytime because it's still very high compared to what Bitcoin cost over most of its existence. So in that regard, buying high is a very risky decision. I think it's wise to wait will the bearish market hits, but it depends on the purpose.

[Kez1817]

Very risky if your goal is for a short period of time and you just buy now where value is too high. If you buy now and hold for long term, then I think you can earn a lot from it, just have more patience. We are looking forward for more than $100k value of bitcoin this year or by next year. So holding bitcoin is really profitable. Also remember that you can't get profit if you don't invest and take the risk.

[buwaytress]

Not really that risky. Especially when you're planning a long term holding/investment in Bitcoin.
As you can see, there are still a lot of bullish predictions and news about Bitcoin reaching 6 digit figures and even 7 digit figure.
Some might think just like you where Bitcoin might be on the verge of falling just because it has rapidly grow since last year.

Imo, Bitcoin is far from the peak and not much to worry about If you're holding for long term.

Think it's really important for people to identify the risks they're willing to take first, before identifying the asset or type of investment they're looking to gain exposure in.

I probably approached it from the wrong angle when I started out. Bitcoin was an experiment for me, but I risked a bit more than I should have by trying to switch entirely, I was lucky it worked out but even now with Bitcoin seeming less risky and more stable, I'm actually trying to reduce my risk by saving some in more traditional means... that may mean being as creative as setting up more pensions funds for other members of family, life insurance payments, etc.

It's much easier if you only live on your own and have no dependents. If that were my situation, I'd probably go 99% into Bitcoin for the long term and still cover my ass with some life insurance plans.

[izsara]

if we talk about the actual risks everything we do also all have risks.
no exception with investing money, the risk is enormous because if you do not really understand about the existing system you can lose your money in the blink of an eye. bitcoin is also like that I think the risk is very big if we don't know how it works.
but if we have started to understand the current system and fundamentals, it does not apply because if we understand bitcoin now I think it has a low risk with a very large profit ratio.
so I have no doubts about this bitcoin for now

[terrorJR]

every investment, there is always a risk in it. depending on the level of risk it tends to be greater or less. or even comparable to the income generated. in the world of investing that risk sentence remains. so regardless of the level of risk of investing in Bitcoin, it depends on how a person manages well what he invests. all have a level of risk based on the magnitude of interest and future growth.

[7788bitcoin]

If you are investing short term, its risky.

If you are investing until the end of the year its less risky if you are able to realise
your profit at your choice time.

It sure is an risky investment when your investing for the short term and even when you are looking for the long term then i would say this is not the right time if you are looking for the long term as well because for every investment the basic principle is to invest when the market is on a correction phase and then have the patience till the market recovers.

If you are investing in a bull market thinking that you are proudly going to hold for the long term then it is not smart investment and hence i would say it is somewhat risky to invest now.

[kobita333]

Since December 2020, Bitcoin has enjoyed a theatreof dramatic ups and down.

16 December 2020 Price hits $20k for the first time.
3 January 2021 Above $34k
9 February 2021 $48k
21 February 2021 hits $58,354
23 February 2021 Falls to $44,845. Falling 18% a day.
13 March 2021 New record $61,701
13 April 2021 $63,375
18 April 2021 Falling 25% to $55k
19 April 2021 56k
24 April 2021 Down to $49,730
26 April 2021 $55k
28 April 2021 $53k
29 April 2021 $57k


So investing in Bitcoin is risky at every moment...