Can you consider yourself as a risk taker if you buy bitcoin?

[TitanGEL]

This question is simple because the answer is unequivocally YES but the answer has complex and deep meaning so let's get on it. Buying or trading bitcoin is an activity that considered as inherently risky. If you engage in that kind of activity you can consider yourself as a risk taker.  Why it is considered as inherently risky? It is because the outcome of buying bitcoion are probable not guaranteed meaning that we are not sure if we can make money. We are simply taking risk when we buy or trade bitcoin BUT it doesn't mean that we are correspondingly accepting the risk of buying bitcoin and that is the PROBLEM.

Most of the investors or traders are keep telling that they are taking risk because they bought a bitcoin, they did not accepted that buying bitcoin or trading bitcoin has a non guaranteed outcome. They just making hasty decision without making a plan and also accepting the possible consequences of their decision. Most of the investors and treaders are not yet knowledgeable enough because they have absolutely no concept of what it takes to be a risk taker. The best bitcoin investors and the best bitcoin traders have fully understand what it takes to be a risk taker wherein they learned to accept and embraced the risk.

There is a huge pychological gap between assuming that you are a risk taker because you bought bitcoin and fully accepting the risks inherent in each bitcoin that you bought. I created this thread because I see a lot of people who are having negative emotions like regret, hatred, sadness, fear, jelousy and many more emotions just because they lose money after they bought bitcoin. The lesson is the best bitcoin investor and trade doesn't resonate the slightest bit of emotional discomfort because they understand the game and they fully accepted and embrace the risk where they know that buying bitcoin are probable not guaranteed.

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[Dickiy]

Basically, what's called investing or doing business or anything that has a profit orientation must have a risk or have a bad impact if it fails to run it as well as in bitcoin, of course for a bitcoin trader who is mainly a day trader will have a higher risk than a long term investor.

The emotion arises because of disappointment with the money received, when you want to really profit in investing in bitcoin, you have to hold on to the bitcoin for the long term, don't use money that you still need in the near term and only use money that you are ready to lose, big losses will occur if you go against the bottom because there will be a panic that will make you sell your bitcoins at a cheap price.
4-10 Years is enough time for you to reap decent profits from bitcoin, and I believe that bitcoin always repeats cycles, and I think if I hold onto it long term none of those losses and none of those disappointments.

[PX-Z]

Basically, yes. Everything that is called investments is considered as risky by any means, so those who do that especially investing in bitcoin as its high volatility are called risk taker.
But technically speaking it depends on the amount of someone invest, tolerance and your objectives and it its subjective knowing there are degree for risks.

[cabron]

Many of those who bought BTC are aware of the risk. They are already eyeing BTC long before they took a dive and decide to buy one. The newbies often ask questions before investing but eventually, they bought which means they have checked BTC through the lens hoping to make money when prices spike.

The traders are likely the risk taker that has an adrenaline rush addiction since they watch the chart and tries to make money using the BTC capital they have. I am a risk taker I'm sure of that. Holding coins for years without touching them means I took the risk.

[mk4]

While it'll mostly be yes, an asset investment being "risky" is totally subjective.

Bitcoin for people in the US(and other economically healthy countries) in the past years could arguably be called "risky" — but on the other hand, you could arguably say that it's far "safer" for people in countries where their local currencies got wrecked big time(e.g. Venezuela).

[SyndicateLabs]

Risk perception is an integral part of investing or trading. In some cases, taking risks can lead to higher returns. However, it is important to have a plan and risk assessment before deciding to invest or trade. Risk taking should be based on a careful assessment of your profit potential, possible risks, and risk tolerance. If you take too much risk without a plan to deal with it, or if you don't have the risk tolerance, this can lead to failure and huge losses. A sensible way to take on risk is to spread your investment across multiple sectors, diversifying your investments to minimize your risk. At the same time, you should monitor and evaluate the risks throughout the business or investment process so that sound decisions can be made. In business, you can also apply the principle of risk taking to look for new and expanded opportunities, but also need to assess the dangers that exist in the process. Valuation and risk management are an integral part of risk taking for maximum return in business or investment.

[Flexystar]

Let’s assume I’m trading bitcoin everyday and trying to grab as much profit as I could in then that would be my trading risk. If I’m going buy bitcoin at different prices and store them in my cold storage then that’s gonna be my holding risk. If I’m going to invest in bitcoin under third party programs like swapping liquidity etc then that would be risk associated with it.
In short whenever someone is buying bitcoin for any purpose mentioned above they are taking a risk for sure. The risk is when they lost the coins value OR their real investment value. If they are increasing the profits over the time then they become risk free and win the trade. So from my side yes we are risk takers.

[Franctoshi]

Investment into Bitcoin is indeed risky just like every other investment or Business out there, since there are still a lot of uncertainties within the crypto space and as there's no regulatory clarity yet from the government side, whether they're gonna adopt or come out one day and place a total ban on Bitcoin. However, as Bitcoin is still a risk asset there's also a huge rewards or profit that is also attached to it too along side, as Profit is always in the risk side.

[Oceat]

Bitcoin investment is indeed risky due to its high volatility but many people choose to invest on altcoins which is more riskier than investing in Bitcoin. But if you have zero knowledge of what you are investing you might wanna lose it then even if the investment is good and have some potential. Although, if we talk about risk it has some specific level base on your knowledge and experience about investment.

Most people are willing to risk even if they have zero knowledge about of what they are investing but as long as they know they could make profit they still continue to invest without knowing how small their chances of making profit down to losing everything.

[The Cryptovator]

Taking risks involves uncertainty about the future. We cannot predict with certainty whether we will gain or lose money. While we don't always need to delve into the specifics, it's important to understand that taking risks means putting our funds at stake. It's akin to playing a game, where some individuals come out on top, while others suffer losses. As I cannot accurately forecast the direction of prices, I consider myself a risk-taker.

[vapourminer]

i would be a risk taker if i didnt have bitcoin.

[MusaPk]

Basically, yes. Everything that is called investments is considered as risky by any means, so those who do that especially investing in bitcoin as its high volatility are called risk taker.
But technically speaking it depends on the amount of someone invest, tolerance and your objectives and it its subjective knowing there are degree for risks.

There are different trading industries where you invest like forex, equity, commodity and more. The main difference between crypto and rest of trading maket is that crypto is very much new and unregulated. So the risk in crypto investment is more then in mature and somewhat regulated investment options like stock maket. But the risk in crypto has its own benefits also, few weeks before bitcoin was trading at 16k and today its at 28k. Those who took risk when bitcoin was 16k are now getting good profit.

[Edcrypto91]

i would be a risk taker if i didnt have bitcoin.

Yes buying Bitcoin is already a risk since the value may drop although slightly except for halving periods when it drops greatly.
But the truth is that it is a risk Worth taking . buying Bitcoin is one of the easiest investment you can make
So I advise you to carry on your investment you definitely will not regret it

[RapTarX]

i would be a risk taker if i didnt have bitcoin.

Oh man, you just had the best piece of comment here; made my day. Legendary comment from a Legendary Bitcoiner. The way Bitcoin is dominating the investment market, one would feel risky if they don't have Bitcoin in their portfolio & I'm sure we gonna see most of the giants will embrace Bitcoin and make sure they have Bitcoin in their portfolio.

i would be a risk taker if i didnt have bitcoin.

Yes buying Bitcoin is already a risk since the value may drop although slightly except for halving periods when it drops greatly.
But the truth is that it is a risk Worth taking . buying Bitcoin is one of the easiest investment you can make
So I advise you to carry on your investment you definitely will not regret it

Can you read the sentence once again you Edcrypto! You may haven't noticed what he just said. Read again & again.

[Faisal2202]

A s you mentioned, the answer will be yes, but not for all. Every person has their own mentality level of understanding the market and dealing with it. Like, from the start of my journey in trading, I have kept one simple rule in my mind, "Invest/put only that money which I will not regret on loss" I teach the importance of this rule to every single person who asks me about trading. Because, trading has become a field of interest for those who have wasted their time in irrelevant activities w.r.t their fields of study and after realizing this fact they tend to learn a few tricks and tips to understand market sentiments over a month by taking courses, and in the end, they are full of optimistic and positive ideas which have been inserted by there teachers.

But when these learners step into the field and start to understand the unpredictable nature of the BTC market, they realize there is a "loss" too, which we were avoiding discussing. Overall, the one who keeps all the facts of failure and prepares accordingly to deal with it is the real risk taker. And I am one of them. Even recently I taught this rule to my brother and his friend who ere interested in crypto trading so I taught them they there is profit in in but there is loss to and you have to be prepare for it I one simple rule that I follow is (OSWYCBL) Only Spend What You Can Bear to Lose

[panganib999]

With everything that involves investment involves some form of risk as well. The mere act of investing on bitcoin and waiting for profits passively is already a risk that you took. It all just vastly differs on how much risk you guys play around with. Some go apeshit and puts all their cards on the table hoping for the best. The middle ground who knows how much his capacity for risk is and is doing his best not to go over or under that risk level, and then there's the chickens who puts little to no part of their investment at risk at all. Basically staking stablecoins lmao. In any case, whatever risk you're taking or how high, you are honorable enough to even take that step and invest in bitcoin, because honestly speaking, at the current phase of the internet, it's a miracle if someone who doesn't know shit about bitcoin turns out to have a positive opinion about it.

[sunsilk]

Investing and gambling are both risky. As you've explained, if there's no assurance that you'll be making money with the use of your money, then there's a risk.

And as someone who's holding bitcoin that sees volatility on it and have no issues on it, then you've taken the risk thus, you're a risk taker.

Even if you're not doing anything and you're just holding it, you're an investor that bears risk and much better if you're that type of investor that understands it. Not those type that are investing yet they don't know what they're doing.

[SamReomo]

I consider myself a risk taker as I'm constantly involved in bitcoin trading. But to add some spice to it, I actually earn from taking risks. Fortunately, many of my trades are winning ones.

I don't know about those traders who don't have proper plans, but I do make proper plans and wait for the moment by following my own strategy. I only place a buy order when I'm sure that the outcome is going to be positive. I agree with you that bitcoin trading is a risky endeavor, but when done with proper planning and strategies, then risks are reduced.

Bitcoin trading involves control over your emotions. If you can control your emotions such as fear, greed, and excitement, then you will achieve success in bitcoin trading. Your psychological well being is also very important. If you're not mentally strong, then you will definitely lose all your money.  

[Bushdark]

Anything investment is all about risk so you must be prepared to take the risk no matter how hard it may be. Thw mistake some persons do make when taking risk is that they don't do enough research before going for an investment and at the end of the day, they end up losing big time. We need to do the necessary documentation and all it requires before we intend investing in a project.

When you take a look at cryptocurrency, so me people had lost their had earned money because they invested in what they know nothing about. Cryptocurrency is volatile for non stable projects and we need to keep this in mind when making investment.

[franky1]

risk is subjective because its not a yes or no
everything has risks. its just how much

EG if you bought bitcoin at the 2017 $20k and you NEEDED break even/profit by mid 2018 then yea mega risk buying that ATH.
but if you dont need to cash out for a halving cycle then the risk is far less

basically if you buy low sell high the risk is low
if you buy high sell higher the risk is higher. but it all depends on patience in the end

so for me (hoarding since 2012 and have no desire to cash out any time soon) i dont feel im at risk at all. even though there is a small chance(risk) that devs completely break bitcoin one day

[lionheart78]

Taking a step into investment is already taking a risk.  So people who bought Bitcoin for investment can be called risk taker. Smart people are able to control the risk through risk management system.  It enables to trim down the risk involved while getting into investment. 

Aside from that once we buy Bitcoin we are exposed to different kinds of risk[1] like

• Market risk
• Inflation risk
• Currency risk
• Liquidity risk

these are the risks involved if we invest in Bitcoin so yeah buying Bitcoin can make us labeled as a risk taker.



[1] https://jamapunji.pk/knowledge-center/types-risks

[Cryptomiles1]

Additionally, These actions usually calls for immediately selling off their bitcoin.
We may consider this types of people as the market feeder who just hastily jumped into market without a proper documentation and research to know if is from their inner mind to venture into bitcoin investment. Most times it could be for the trend of the latest happening around their region when everyone talks about bitcoin or any digital currencies without them considering the fact it may go against their plans. In essence they are involving in a trial by error method of investment maybe if they finds it favorable by making profits then are on the go go side. 

[sokani]

I wouldn't call such a person a risk taker but a smart investor. A risk taker is someone that invest in all this shitty coins such as meme coins and the likes that have no use-cases but anyone who invest in bitcoin is wise. Bitcoin has proven itself over the years, I think the most important thing is for one to have a good knowledge of the market to know the appropriate time to buy BTC and hold for the bull ride.

[romero121]

Every investment have got risk associated with it. This is not the factor that is connected with bitcoin and other cryptocurrencies investment. When it comes to bitcoin and cryptocurrency investment the risk used to be little higher than the traditional investments. This is all because of the high volatility. Over time people will understand well about the volatility and enjoy it than fearing about it. To invest into bitcoin doesn't make one a risk taker, but a person who invest into bitcoin to enjoy profit in limited time period is a risk taker. When we invest with the plan to hold for long term we're assured with profit, but when the time period is limited we don't know what will be the scenario of the market. It might be at the peak or it drops down causing loss.

[Dr.Bitcoin_Strange]

Bitcoin investment could be considered a risk, but it's not as risky as gambling; the risk in Bitcoin investment is not investing and holding until you make a profit.

In gambling, nothing is guaranteed because the risk is so high. Once you have staked a game and perhaps lost, your money is gone for real, but as long as you invest in Bitcoin and the coin remains in your wallet, then you will make profit when the bull market begins to creep in. What is not guaranteed in Bitcoin investment is the speculated time you choose to sell and take profit because by then, the market may not be too favorable for you to sell and make profit; at times, you may even be in the loss.

[TitanGEL]

risk is subjective because its not a yes or no
everything has risks. its just how much

EG if you bought bitcoin at the 2017 $20k and you NEEDED break even/profit by mid 2018 then yea mega risk buying that ATH.
but if you dont need to cash out for a halving cycle then the risk is far less

basically if you buy low sell high the risk is low
if you buy high sell higher the risk is higher. but it all depends on patience in the end

For me the risks is everywhere, you bought bitcoin then you are taking the risks, if you didn't buy a bitcoin then it also taking a risk because you may lose the chance to make more money if you put some investment on it. It is one of the reason why it is hard to make a first step, people are simply afraid to take a risk without knowing that they are already taking a risk by not making investment that can lead them to miserable life. Don't be afraid to take a risks, be afraid to stay in the position where your life can be called as tragic.

The idea of buying low and selling high is like a simple and basic idea that is easy to understand but when it comes to execution, it is really hard because there are a lot of market factors like people who see the price of the bitcoin as cheap, people who see the price of the bitcoin as expensive and the people who are still deciding if they will buy now or wait more. The thing is, there is uncertainty in this kind of market; it is depend on us on how we will see the price of the bitcoin as cheap or expensive.

so for me (hoarding since 2012 and have no desire to cash out any time soon) i dont feel im at risk at all. even though there is a small chance(risk) that devs completely break bitcoin one day

Seems like a whale to me.

[crwth]

Since you already have the answer as YES, it's not informative, or no need for further discussion because it's just, like you said, a yes. It will get more complicated if you check or understand it more profoundly.

It can be simplified like this.

Bitcoin = Volatile asset (The unpredictability of the market)
Buying a volatile asset = risk-taking (Uncertainty of the asset)

Risk taker = Buying Bitcoin

That should be it, TBH.

[Strongkored]

How could it be the other way around? those who don't buy Bitcoin are people who actually take risks, because those people are at risk of not benefiting from buying Bitcoin and keeping it for a certain period of time, this is just my thought, because people who are not involved in investing are people who are at risk for face economic difficulties in a longer period or even as long as she/he lives, because the purpose of buying Bitcoin is as an investment and by investing we hope we can make our economy better because we will get profit from Bitcoin.
However, if the risk that we think about is the risk of falling prices, it is true that those who buy Bitcoin are risk takers because they are brave even though there is a possibility that the price will fall, but all such investments are included when investing in gold, houses and other types of traditional investments.

[SOKO-DEKE]

Bitcoin investment could be considered a risk, but it's not as risky as gambling; the risk in Bitcoin investment is not investing and holding until you make a profit.

In gambling, nothing is guaranteed because the risk is so high. Once you have staked a game and perhaps lost, your money is gone for real, but as long as you invest in Bitcoin and the coin remains in your wallet, then you will make profit when the bull market begins to creep in. What is not guaranteed in Bitcoin investment is the speculated time you choose to sell and take profit because by then, the market may not be too favorable for you to sell and make profit; at times, you may even be in the loss.

Nobody can guarantee what will actually happen to their Bitcoin investment, thus anyone who invests in it is taking a risk. We are only utilizing probability to determine if the investment will increase or not.Even gamblers employ probability to increase the likelihood that they will win, even if they have no control over the outcome of their bets.both gamblers and Bitcoin investors always think favorably.

The only thing that make crypto-currencies investor better that gamblers is that someone coins can just lose values but you will still have that quantity of your coins despite it may worth nothing at that time, and probability of those coins to value in future is still there but not just guarantee. For gamble when you lose on your stake you are losing everything you stake it.

Even if we cannot guarantee the return on our cryptocurrency investments, some coins, particularly Bitcoin, have good potential because history has a habit of repeating itself. When compared to individuals who gamble and hold currencies or tokens with no history, everyone who bought in bitcoin did not take on a risk as great.

[Mr.suevie]

Life itself is all about risking it, I personally think if anyone wants to be successful he/she must ingage himself in a particular risk factor that would make him different from every other person living along the edge. An investment in bitcoin, no doubt is considered a risk same as you starting a business also same same thing working as a business because no actually knows the end outcome of what is beyond after you have started. For I would rather have a bitcoin investment knowing its risking than involving in something else since
 

[m2017]

Every aspect of life comes with risks. Investing is no exception. Including buying bitcoin is also risky.

Do I consider myself a risk taker? Yes and no. I am not ready for rash, pointless risks, but from an investment position I am forced to take on additional risks.

Emotions get in the way of investing. Doubly interfere with investing in bitcoin, as it is subject to strong price fluctuations. So that negative emotions don't overwhelm, you need to give yourself a countdown to what you are getting into and understand the rules of the game. Then everything becomes easier. Don't confuse your expectations with reality. Only a real assessment of what is happening and future scenarios allows you to remain calm even with high volatility bitcoin and occasional bearish trends.

In short, every bitcoin investor should have a strategy of behavior for the ongoing changes in the market, which must be followed, even in spite of the emotions that arise.

[Bananington]

so for me (hoarding since 2012 and have no desire to cash out any time soon) i dont feel im at risk at all. even though there is a small chance(risk) that devs completely break bitcoin one day

You have reduced the risk with proper risk control, that is why you do not feel at risk like other people who have been investing from the same period you started.

There is risk and risk control, undergoing a risky action without knowing about risk control makes it more riskier. People have invested in bitcoins and although there are risk with investment, they have not taken any action to control the risk they will face to make it less riskier, they are just carrying on the risk as they pile up, making their situation more riskier than others that have proper risk control.

Consider the risk at hand and put under control the risk that you can control like the security risk associated with bitcoin investment etc. It will reduce the pressure on you carrying the other risk that you cannot control like the risk of Devs breaking bitcoin etc.

[Dzwaafu11]

Most of the investors or traders are keep telling that they are taking risk because they bought a bitcoin, they did not accepted that buying bitcoin or trading bitcoin has a non guaranteed outcome. They just making hasty decision without making a plan and also accepting the possible consequences of their decision. Most of the investors and treaders are not yet knowledgeable enough because they have absolutely no concept of what it takes to be a risk taker. The best bitcoin investors and the best bitcoin traders have fully understand what it takes to be a risk taker wherein they learned to accept and embraced the risk.

The short answer is basically yes based on your topic. To succeed in any business, one must be willing to take a risk.
In my opinion, anything that you must buy and sell requires you to take a risk insofar as its business requires it. As a result, investors who purchase bitcoin but do not believe that the business entails risk still need to learn more about how to invest in and trade bitcoin. Also, they are more vulnerable than those who are familiar with bitcoin.
In terms of emotions, if I invest in bitcoin, I'll undoubtedly be thinking differently depending on whether it succeeds or fails.

[crunck]

I wouldn't call such a person a risk taker but a smart investor. A risk taker is someone that invest in all this shitty coins such as meme coins and the likes that have no use-cases but anyone who invest in bitcoin is wise. Bitcoin has proven itself over the years, I think the most important thing is for one to have a good knowledge of the market to know the appropriate time to buy BTC and hold for the bull ride.

Do you mean bitcoin is risk-free? If bitcoin is risk free, then we should invest all in bitcoin and maybe consider selling all assets to invest in bitcoin. Don't forget we have a saying, invest only what you can lose. Every investment is risky, and bitcoin is the riskiest investment compared to gold or real estate.

[Dr.Bitcoin_Strange]

Nobody can guarantee what will actually happen to their Bitcoin investment, thus anyone who invests in it is taking a risk. We are only utilizing probability to determine if the investment will increase or not.Even gamblers employ probability to increase the likelihood that they will win, even if they have no control over the outcome of their bets.both gamblers and Bitcoin investors always think favorably.

The only thing that make crypto-currencies investor better that gamblers is that someone coins can just lose values but you will still have that quantity of your coins despite it may worth nothing at that time, and probability of those coins to value in future is still there but not just guarantee. For gamble when you lose on your stake you are losing everything you stake it.

Even if we cannot guarantee the return on our cryptocurrency investments, some coins, particularly Bitcoin, have good potential because history has a habit of repeating itself. When compared to individuals who gamble and hold currencies or tokens with no history, everyone who bought in bitcoin did not take on a risk as great.

Gambling risk Is worse than Bitcoin investment; even some other investments are more risky than Bitcoin investment. Let me give you some instance.

Imagine you placed a bet of $500 on a slot machine. You will believe in the probability of either losing or winning, and if the game goes against you, your fund is totally gone. Then imagine you invested the $500 into Bitcoin, and coincidentally, there is a bad news about Bitcoin that makes the market begin to fall drastically. Then imagine you looked at your Bitcoin investment and realized you were already losing $150. You still have the decision of whether to sell and accept your loss or to allow your asset to get totally liquidated.

Let's also imagine you invested in real estate, and maybe on the long run, the company began to have problems that led to a court case, and gradually, it caused the company to get ceased by the government, which caused them to lose a lot of money in the court case and also pay some fine as deemed by the government. If this company fall bankruptcy, did you think your investment is safe at that moment? No, it's not. That's because you are not in charge of your funds.

And @SOKO-DEKE, for the record, I cannot buy any random cryptocurrency or altcoin and call it an investment; even the risk of investing in most of the altcoins is worse than gambling.

Secondly, you can't only have Bitcoin investments and consider yourself a low-risk taker. Why? Because, what if the price of Bitcoin is in the red when you plan to sell your asset? While some people are taking advantage of the market volatility through crypto trading, if a person is not also a trader, the best thing to do is have other investments, have other sources of income, and still have your bitcoin stored in your wallet with the aim to sell when you have made enough profit from bull market .

Well, to crown it all, every investment has its own risk.

[Lamkuthang]

This question is simple because the answer is unequivocally YES but the answer has complex and deep meaning so let's get on it. Buying or trading bitcoin is an activity that considered as inherently risky. If you engage in that kind of activity you can consider yourself as a risk taker.  Why it is considered as inherently risky? It is because the outcome of buying bitcoion are probable not guaranteed meaning that we are not sure if we can make money. We are simply taking risk when we buy or trade bitcoin BUT it doesn't mean that we are correspondingly accepting the risk of buying bitcoin and that is the PROBLEM.

I think Yes, because buying or trading Bitcoins is a risky activity and regarding your point maybe I can explain as far as I understand where buying or trading Bitcoins is a risky activity. However, just buying Bitcoin does not automatically make you a risk taker. To be a successful risk taker in this market, you must fully accept and embrace the risks that come with investing in Bitcoin. The best Bitcoin investors and traders are those who understand the risks and are not upset if they lose money. Meaning they are prepared and it is no longer a PROBLEM

[MoonOfLife]

Nobody can guarantee what will actually happen to their Bitcoin investment, thus anyone who invests in it is taking a risk. We are only utilizing probability to determine if the investment will increase or not.Even gamblers employ probability to increase the likelihood that they will win, even if they have no control over the outcome of their bets.both gamblers and Bitcoin investors always think favorably.

The only thing that make crypto-currencies investor better that gamblers is that someone coins can just lose values but you will still have that quantity of your coins despite it may worth nothing at that time, and probability of those coins to value in future is still there but not just guarantee. For gamble when you lose on your stake you are losing everything you stake it.

Even if we cannot guarantee the return on our cryptocurrency investments, some coins, particularly Bitcoin, have good potential because history has a habit of repeating itself. When compared to individuals who gamble and hold currencies or tokens with no history, everyone who bought in bitcoin did not take on a risk as great.

Gambling risk Is worse than Bitcoin investment; even some other investments are more risky than Bitcoin investment. Let me give you some instance.

Imagine you placed a bet of $500 on a slot machine. You will believe in the probability of either losing or winning, and if the game goes against you, your fund is totally gone. Then imagine you invested the $500 into Bitcoin, and coincidentally, there is a bad news about Bitcoin that makes the market begin to fall drastically. Then imagine you looked at your Bitcoin investment and realized you were already losing $150. You still have the decision of whether to sell and accept your loss or to allow your asset to get totally liquidated.

Let's also imagine you invested in real estate, and maybe on the long run, the company began to have problems that led to a court case, and gradually, it caused the company to get ceased by the government, which caused them to lose a lot of money in the court case and also pay some fine as deemed by the government. If this company fall bankruptcy, did you think your investment is safe at that moment? No, it's not. That's because you are not in charge of your funds.

And @SOKO-DEKE, for the record, I cannot buy any random cryptocurrency or altcoin and call it an investment; even the risk of investing in most of the altcoins is worse than gambling.

Secondly, you can't only have Bitcoin investments and consider yourself a low-risk taker. Why? Because, what if the price of Bitcoin is in the red when you plan to sell your asset? While some people are taking advantage of the market volatility through crypto trading, if a person is not also a trader, the best thing to do is have other investments, have other sources of income, and still have your bitcoin stored in your wallet with the aim to sell when you have made enough profit from bull market .

Well, to crown it all, every investment has its own risk.

All are risky, there is no such thing as absolute safety here. But it sucks to compare the risks between bitcoin investing and gambling. They are completely different, I have not seen anyone get rich by gambling, but there have been many people who got rich by investing in bitcoin. So let's not compare like that. Investing in bitcoin is investing in technology, investing in the future, it can fail but it's worth the risk.

[Nrcewker]

I don’t see any risks buying the Bitcoins. I have done pretty good research and hence spending my hard earned money on this digital asset Bitcoins. I know Bitcoins are limited, hence when the demand of the coin will increase, the price of the coin will go up to meet the demands. This usually happens when the supply is low and limited. So if you know the basics of economics and good at calculations and estimations, then definitely buying Bitcoins in your wallet won’t be a risky task. I would like to hear other people’s opinions on this.

[paid2]

This question is simple because the answer is unequivocally YES but the answer has complex and deep meaning so let's get on it. Buying or trading bitcoin is an activity that considered as inherently risky. If you engage in that kind of activity you can consider yourself as a risk taker.  Why it is considered as inherently risky? It is because the outcome of buying bitcoion are probable not guaranteed meaning that we are not sure if we can make money. We are simply taking risk when we buy or trade bitcoin BUT it doesn't mean that we are correspondingly accepting the risk of buying bitcoin and that is the PROBLEM.

I agree with a lot of the messages that have been written in this topic.
Any form of investment involves risk. Risk/reward projections when investing in a project are vital.

I think BTC is risky, but the risk inherent in holding Bitcoin is proportional to the chance that you can get in early enough.
I believe it is likely that in 20 or 30 years buying and holding Bitcoin will become less risky than it is today. However, if this is the case, you can bet that the value of BTC will be higher.
After all, this is just my point of view, we all agree that no one can predict the future of BTC or its future value...

From a personal point of view, I prefer to risk my money by buying BTC, than to go and try my luck too often at the casino. I have much more faith in BTC's ability to be profitable on a long term basis. So I consider myself a moderate risk taker

[Helena Yu]

Do you think volatility and the possibility Bitcoin will be banned in your country aren't risks? even though Bitcoin is decentralized, private, secure etc and that's make you think Bitcoin is really safe, you need to make sure you will not get heart attack if Bitcoin price suddenly drop 80% from it's ATH and you already prepare how to cashout your Bitcoin when your country declare Bitcoin is illegal.

[DeathAngel]

I think you are still considered a risk taker if you buy bitcoin but considerably less so than even a few years ago. The market has matured a lot since even 2017/18. There are lots of battle hardened HODLERS who don’t sell when dumb FUD breaks, even if it is government or regulatory in nature.

Bitcoin is still a risk on asset but as time goes on it may be that you are more of a risk taker to not hold a % of bitcoin in your diversified portfolio.

[Sayeds56]

There is a huge pychological gap between assuming that you are a risk taker because you bought bitcoin and fully accepting the risks inherent in each bitcoin that you bought. I created this thread because I see a lot of people who are having negative emotions like regret, hatred, sadness, fear, jelousy and many more emotions just because they lose money after they bought bitcoin. The lesson is the best bitcoin investor and trade doesn't resonate the slightest bit of emotional discomfort because they understand the game and they fully accepted and embrace the risk where they know that buying bitcoin are probable not guaranteed.

There is always a certain degree of risk associated with any kind of investment and  Bitcoin in not exception. However keeping in view its limited supply and historical track record of outsmarting all kind other class of assets investment in Bitcoin is comparatively less risky in my opinion but you should remain patient and hold your nerves when it gets extremely volatile and you might see value of your investment losing its value to the extent of 80% or more. Those who hold it for long term are likely to harvest huge benefits on their wise investment decision.

[AicecreaME]

Anything that you try for the first time because you want to see some results is consider a "risk", so yes, you're a risk taker.

But there are two kinds of risk taker, one is someone who knows what he's into, like he researched first everything before doing a certain thing, and the second one is someone who is impulsively jumping into something he doesn't know about, I mean he knows it but just because of seeing his friends getting profits from it so he instantly do the same thing without knowing the process.

[Z-tight]

Do you think volatility and the possibility Bitcoin will be banned in your country aren't risks? even though Bitcoin is decentralized, private, secure etc and that's make you think Bitcoin is really safe,

It will depend on the country, there are a few countries where BTC is totally banned, it is only a risk for the citizens of the country and not for the BTC network, if BTC is banned in ones country, surely it becomes risky to use BTC there.

you need to make sure you will not get heart attack if Bitcoin price suddenly drop 80% from it's ATH and you already prepare how to cashout your Bitcoin when your country declare Bitcoin is illegal.

For BTC's price to drop that much it has to be a big ban, which most likely would not happen, there are many countries that would declare BTC illegal today and the price would remain where it is, but if a big ban like the entire EU and U.S ban BTC totally, there would be a big dump in the price, but the network would surely continue to work, that is why BTC is safe and censorship resistant, the network cannot be stopped or controlled.

[Outhue]

I don't want to be tasked for not taking a risk.

I believe it's more riskier if you don't take any risk because you will pay for it, and your life will be miserable or unfulfilled if you fail to take risks.

With Bitcoin investment, it is automatically a risk because Bitcoin is a volatile digital asset, you need to learn how to safeguard your asset since you are now a bank of your own, you will do all the jobs that centralized banks do on customers' funds, and protect at all costs.

[Sanitough]

Taking risks involves uncertainty about the future. We cannot predict with certainty whether we will gain or lose money. While we don't always need to delve into the specifics, it's important to understand that taking risks means putting our funds at stake. It's akin to playing a game, where some individuals come out on top, while others suffer losses. As I cannot accurately forecast the direction of prices, I consider myself a risk-taker.

If it means buying bitcoin is risk taking, then I myself is a risk taker too. But the good thing about bitcoin is the more you are aware of its risks and the bigger risk you take, the higher probability you will be more profitable. That’s why even if buying and hodling bitcoin is risky, there are still a lot of bitcoin enthusiasts who would love to embrace the risk and consider it as the means to become successful and profitable in the future.

[lovesmayfamilis]

You can observe desperate people who are disappointed in their investments when they are not educated in this area. In recent examples, someone lost their bitcoins from improper storage, but previously they were too hasty in buying, not understanding how to properly handle and store them. Another example is when a person expects a quick profit and regularly observes that his investments do not go uphill.
But those people who know that patience, proper storage, and an amount that is not vital for them when investing are unlikely to regret it. But with all this, of course, such people understand all the risks and are ready for them.

[kryptqnick]

I'm not sure why anyone would think that an investment can have guaranteed returns, unless it's something like a deposit account where you sign a contract with your bank, which can still turn out differently from what you expect, even though the risk is quite low. Since it's impossible to predict the future, people can only make more or less educated guesses, and thus investing in anything requires taking a risk. It can be Bitcoin, some other assets, starting your own business etc. I agree with the op that people should carefully consider the risks before taking a risk and that it can help avoid negative emotions in the future in case something doesn't work out.

[adzino]

I agree with you here. Buying bitcoin does make you a risk taker, but it's important to actually accept and embrace the risk. Without accepting risks, you can never invest or make any decent profit. There is no such thing as "0% risk investment". Though it's crazy how many people just jump in without understanding what they're getting into, and later they start crying because of the losses they face. They wouldn't have lost anything, if they knew about the volatility risk and never sold their coins. Keep in mind that the best investors and traders aren't fazed by losses/risk because they know it's all part of investments/business. If anyone wants to be successful in the crypto market, they should be aware of the ups and downs. As long as you are taking calculated risks, you will be fine.

[hyudien]

Basically, yes. Everything that is called investments is considered as risky by any means, so those who do that especially investing in bitcoin as its high volatility are called risk taker.
But technically speaking it depends on the amount of someone invest, tolerance and your objectives and it its subjective knowing there are degree for risks.

Actually speaking of risk, we only need to consider people who have jumped into buying Bitcoin or investing early in Bitcoib. The question is will they regret it or will they benefit greatly from the initial purchase. So high risk is no longer a problem with Bitcoin. Because if the risk of volatility continues to increase but the fact is they regret not buying more when Bitcoin prices are cheap. For this reason, the durability of the long-term value offered by Bitcoin is guaranteed, I mean guaranteed over a long period of time. Investment assets that are now more than 1 decade of course become investor confidence.

Look at the evidence out there how many people have made fortunes and have even become billionaires for buying Bitcoin. Therefore, in my opinion, there is no more reason to consider. Buy if you believe and let the long-term process answer the doubts. Keep in mind that in the future we may not see a Bitcoin price below $30k.

[Yatsan]

Technically yes especially if you are aware of the risk and you still pushed yourself to engage into something. This is not limited to Bitcoin only but to all things; awareness and courage makes you a risk taker.

I think you are still considered a risk taker if you buy bitcoin but considerably less so than even a few years ago. The market has matured a lot since even 2017/18. There are lots of battle hardened HODLERS who don’t sell when dumb FUD breaks, even if it is government or regulatory in nature.

Bitcoin is still a risk on asset but as time goes on it may be that you are more of a risk taker to not hold a % of bitcoin in your diversified portfolio.

You would always be a risk taker in this industry, why? 'coz there's no certainty with the price movement. Indeed growth on its value is obvious but given that no one knows until when will its market price continue to increase, or the idea itself to where would its value be on the next months or years, simply shows the risk present in this industry. Choosing to continue investing means courage. Possible question right here is; when should you be courageous? Answer is once you are ready for the consequences. Perhaps in this industry, there will always be that risk of losing but why do we still continue? coz it is a promising investment and a useful mode of payment.

[DiMarxist]

Yes I considered myself as a risk, risk involved is in bitcoin investing I think if anyone wants to be successful he/she must engage himself into a particular risk factor that  An investment in bitcoin, no doubt is considered a risk would make him different.
And the best time of buying bitcoin is the time when the bear is still down so that when the price rises up to your satisfaction then you market it out and make your profit from it. That is why it is called investment. In the bitcoin holding world patient is the answer. If you not good endurance then you are not qualified to hold bitcoin. Bitcoin is not something rise up to the peak overnight.

[Aikidoka]

I consider myself a risk taker, although I wouldn't say it's a huge risk to invest in Bitcoin because most of us here know that its price will likely bring a profit sooner or later. With a large and supportive community, as well as whales controlling the market with massive amounts of Bitcoin, it's only a matter of time before there is a significant increase in price and therefore a huge profit. If timed correctly, buying Bitcoin at a low price could result in substantial profits. I would say that buying Bitcoin at its current price is a good idea, as I am confident that it has significant potential for price growth and could potentially go to the moon 

[Gianluca95]

Well it depends mainly on how much you invest here. Bitcoin it is considered as investment and so, you take some risks when you choice to invest on it. Also, it depends from your experience, if you're newbie here or not. My

suggest is always to learn as much as possible about Bitcoin and then decide if invest or not. And, remember, invest only what you can afford to lose 

[ElmedoRator]

That's right, buying Bitcoin can be considered risky. The cryptocurrency market is very volatile and the price of Bitcoin can also fluctuate wildly over a short period of time. This volatility can cause significant losses if you do not pay attention to risk management. Besides, the value of Bitcoin is not guaranteed by governments or major financial institutions, meaning it is not as secure as traditional currencies. Therefore, owning and investing in Bitcoin may be exposed to risks from unforeseen events, such as regulatory, security or market changes. To invest in Bitcoin safely and effectively, you should ensure that you have sufficient knowledge and understanding of the cryptocurrency market, especially Bitcoin, and carefully manage your risks with how to invest a small portion of your assets and diversify your portfolio.

[posi]

I don’t see any risks buying the Bitcoins. I have done pretty good research and hence spending my hard earned money on this digital asset Bitcoins. I know Bitcoins are limited, hence when the demand of the coin will increase, the price of the coin will go up to meet the demands. This usually happens when the supply is low and limited. So if you know the basics of economics and good at calculations and estimations, then definitely buying Bitcoins in your wallet won’t be a risky task. I would like to hear other people’s opinions on this.

Investing in anything is risky, and bitcoin is no exception. Because the future is unpredictable, we don't know what will happen to bitcoin. In addition, if comparing bitcoin with other asset classes, bitcoin is still very new and has not been widely recognized by countries, so investing in it will be riskier. But when we invest in it, we all want it to live and grow, so there's nothing wrong with you not seeing any risk in investing in bitcoin. That's called optimism, not proof that bitcoin is risk-free.

[Litzki1990]

Investing in crypto platforms is always risky. However, investing in these platforms is usually done by investors knowing that there is risk involved, and the sole purpose of taking the risk is to make a profit. But there is a degree of risk taking. I am explaining this to you. Suppose a wise investor with a good understanding of investing and observing the market well invested in Bitcoin when it was worth $10K. On the other hand, if a person who has no idea about investing only sees the volatility of the market and invests at the same time when the price of Bitcoin is $12K, then the person's money will be at the highest risk Of course the person who invests without researching the market. And this is the level of risk.

Investments are always very risky and sensitive because money is involved. So before taking a risk you must think about when you are taking the risk.

[KiaKia]

Investing in Bitcoin is as risky as investing in any digital assets, Bitcoin just proven to be the better one over others but still, there are many dangers lurking while holding Bitcoin, the fear of losing your coins to hackers and scammers can never be erased, you are to be very careful with what you do on your PC or with your wallet.

The future still remains uncertain for Bitcoin, as we don't know what will happen between this digital currency and the future regulation, all we can do is keep hoping that Bitcoin is leave alone to serve its purpose.

The existence of other altcoins is endangering the purpose of Bitcoin, from the story of the Luna crash and FTX, this is just making the less-understanding figures say shit about Bitcoin.

[Agbe]

I will not take myself as a risk take when I buy bitcoin, real businessman never accept risk but profit is the motivational element he has always. Those who are ready to invest in bitcoin is not for two or five months but for years. Then when you invest in it you have to remove your mind the there and focus on another thing you are doing. You can only check it once a month to see the appreciation and depreciation of the market. You can even focus on the trading side if you are trading. And your plan for the investment should be 5 years. So I didn't take bitcoin investment as a risk. Investing in bitcoin is risky when when you are not ready to take risk. Remember there is no business in the world is without risk but the management process is whole thing.

[AnonBitCoiner]

All online jobs and investment are more risky because they are a side jobs and it is reality that all those activities which enhances the profit have some amount of risk too. In investment there is no doubt about risk so if one decided to choose bitcoin then it means that he is ready for all type of risk related to this.

Some people think that BTC is not risky because they see just the profit which people get but the are not familiar with the risk. I think  each and everything possess some sort of risk and we cannot get rid of this but we can choose alternative ways and also we can use some strategies cope up with these risk.

[cheezcarls]

Everything in life has risks, especially Bitcoin. Although it is a worthwhile long-term investment to hold through dollar-cost averaging (DCA), it is still subject to market volatility and its movement is unpredictable.

We may not know what will happen next to Bitcoin in the next hour, day, week, month, or year. We just have to be prepared for it as risk-takers. You cannot call yourself a risk-taker if you have not bought Bitcoin, even just a fraction of it.

[RapTarX]

so for me (hoarding since 2012 and have no desire to cash out any time soon) i dont feel im at risk at all. even though there is a small chance(risk) that devs completely break bitcoin one day

Great to know that you are hoarding since 2012; haven't you ever sold any Bitcoin? Legend!
Why do you think DEV will break Bitcoin completely one day? What are you pointing to here? I'm a little aware of your argument here though I have never checked them thoroughly. Should it be the same as satoshi left us? I guess no; otherwise, there will be a lot of lacking to be accepted worldwide.

Do you think volatility and the possibility Bitcoin will be banned in your country aren't risks?

Banning Bitcoin in a country isn't anymore something which will affect the market unless they are some developed country where Bitcoin is used the most but that's not gonna happen in a developed country.

[Getmon]

Bitcoin is more volatile than any other legitimate investment. You do not have to worry about losing eighty percent of your money when you invest in mutual funds offered by firms. You can purchase a parcel of land, jewelry, valuable stones, and money from another nation that is believed to perform better compared to your own money. You are regarded as taking on more risk if you choose bitcoin over them or include it on your investment list.

[mvdheuvel1983]

You are already a risk taker the moment you thought of buying bitcoin or trading bitcoin.
Any transaction that involves  you buying and selling is risky. You may buy but finds it hard to sell or sell below what you buy with rather than making profit you will be loosing.
Someone who invests in bitcoin or trades bitcoin is a risk taker in the sense that he might sell during bear market and he is at lost and in bitcoin no one knows when the bear market will will occure.

[freedomgo]

Everything in life has risks, especially Bitcoin. Although it is a worthwhile long-term investment to hold through dollar-cost averaging (DCA), it is still subject to market volatility and its movement is unpredictable.

We may not know what will happen next to Bitcoin in the next hour, day, week, month, or year. We just have to be prepared for it as risk-takers. You cannot call yourself a risk-taker if you have not bought Bitcoin, even just a fraction of it.

Well, the OP's question depends on the investor. The types for this case, first is the type of investor who seeks information first and tries to understand the basics before he/she proceeds and second is the type of investor who doesn't know the risks entailed with investing towards cryptocurrencies as he/she are just into it because of the hype or sees someone who got their lives comfortable because of it.

But if the investor truly knows what cryptocurrency is about and what it can do, and proceeds with it, surely that specific investor is a risk taker. But, if that same investor is the 2nd type, certainly that's not a risk taker because he/she doesn't know the risks in the first place.

[imamusma]

--

If you remember this disclaimer then I believe every trader is risk taker.
Every trader and investor must understand what the risks of trading and investing are, and of course it is very complex rather than just about price volatility. Security, legal risks are some of the other risks that every trader and investor may have considered.

Digital Asset trading is subject to high market risk and price volatility. Changes in value may be significant and may occur rapidly and without warning. Past performance is not a reliable indicator of future performance. The value of an investment and any returns can go down as well as up, and you may not get back the amount you had invested. Source.

I created this thread because I see a lot of people who are having negative emotions like regret, hatred, sadness, fear, jelousy and many more emotions just because they lose money after they bought bitcoin. The lesson is the best bitcoin investor and trade doesn't resonate the slightest bit of emotional discomfort because they understand the game and they fully accepted and embrace the risk where they know that buying bitcoin are probable not guaranteed.

I understand what your goal is, and of course many people fail to understand good management when they have become traders and investors.

In addition to budged management, so I think it's always important to have emotion management and risk management. This will help traders and investors in carrying out this financially risky activity, but there are always many people who fail.

[Pandu Geddon]

I will take the risk. and that's the truth. not only when you buy Bitcoin, but any asset you buy comes with a risk. and that is why exchange platforms are campaigning that Bitcoin and cryptocurrencies are potentially risky digital assets. but it all depends on how we manage the risk of the assets we have.
all assets are at risk, if you don't want to take risks then don't invest.

[Ronsbit]

This question is simple because the answer is unequivocally YES but the answer has complex and deep meaning so let's get on it. Buying or trading bitcoin is an activity that considered as inherently risky. If you engage in that kind of activity you can consider yourself as a risk taker.  Why it is considered as inherently risky? It is because the outcome of buying bitcoion are probable not guaranteed meaning that we are not sure if we can make money. We are simply taking risk when we buy or trade bitcoin BUT it doesn't mean that we are correspondingly accepting the risk of buying bitcoin and that is the PROBLEM.
Most of the investors or traders are keep telling that they are taking risk because they bought a bitcoin, they did not accepted that buying bitcoin or trading bitcoin has a non guaranteed outcome. They just making hasty decision without making a plan and also accepting the possible consequences of their decision. Most of the investors and treaders are not yet knowledgeable enough because they have absolutely no concept of what it takes to be a risk taker. The best bitcoin investors and the best bitcoin traders have fully understand what it takes to be a risk taker wherein they learned to accept and embraced the risk.
There is a huge pychological gap between assuming that you are a risk taker because you bought bitcoin and fully accepting the risks inherent in each bitcoin that you bought. I created this thread because I see a lot of people who are having negative emotions like regret, hatred, sadness, fear, jelousy and many more emotions just because they lose money after they bought bitcoin. The lesson is the best bitcoin investor and trade doesn't resonate the slightest bit of emotional discomfort because they understand the game and they fully accepted and embrace the risk where they know that buying bitcoin are probable not guaranteed.

OP to be frank with you, life itself is all about risk and there is a sayings that says " it is risky not to take risk"  I see myself as a risk taker because there is nothing one ventures into today that has no risk involved. It is either you take the risk or you remain at your comfort zone while others be ahead of you. Taking the bold step to buying bitcoin does not literally means that bitcoin itself is risky but you should know that there are factors that impede the market growth which results to the back and forth in the market trend.

[Russlenat]

Basically, yes. Everything that is called investments is considered as risky by any means, so those who do that especially investing in bitcoin as its high volatility are called risk taker.
But technically speaking it depends on the amount of someone invest, tolerance and your objectives and it its subjective knowing there are degree for risks.

I would agree with this. Bitcoin is highly volatile so everything with it is uncertain. And those who still manage to take the risk are definitely called the risk takers, including myself. However, if you invest with bitcoin will a minimal amount, you are somehow reducing its risk, especially if you come to invest with equipped knowledge and skills, that is risk management.

[TribalBob]

of course it is, because before buying btc we already know the risks that will be obtained after buying, but it takes confidence in holding btc sometimes it is difficult to achieve our main goal of targeting btc values to let go of taking profits. but  only strong people can achieve all of that, and I mean in the category of people who can't hold my btc long term

[serjent05]

Once a person spends money to have an investment, that is already called taking a risk.  It is no different in buying and investing in Bitcoin.  Anyone, including myself can be considered risk taker when we buy Bitcoin because buying bitcoin is accompanied by risk due to its volatility and regulatory condition.

Basically, yes. Everything that is called investments is considered as risky by any means, so those who do that especially investing in bitcoin as its high volatility are called risk taker.
But technically speaking it depends on the amount of someone invest, tolerance and your objectives and it its subjective knowing there are degree for risks.

I would agree with this. Bitcoin is highly volatile so everything with it is uncertain. And those who still manage to take the risk are definitely called the risk takers, including myself. However, if you invest with bitcoin will a minimal amount, you are somehow reducing its risk, especially if you come to invest with equipped knowledge and skills, that is risk management.

Still there is a risk even if it is minimal.  Aside from that, other people who are literate in economic and financial industry often makes plan for risk management where they can eliminate to minimize risk by doing some preventive measures and securing their target investment.

[Blurr007]

And one thing i have come to noticed is that " Most people buying bitcoin and other crypto currency, just want to see an increase in price in months/years to come".

These set of people don't even make proper research before buying, they don't get current info after buying, all they want to see is the accumulation in price of their Coin been bought.

[Fivestar4everMVP]

Very well said Op, and looks like Franky1 was seeing right through me when he was typing the comment he posted..

Indeed, every thing in life is risky, the question is, what is the risk level?

Imagine going to bed to sleep, we've seen people who were not sick, go to bed and slept, and died in their sleep, but still, we that are alive have not stopped sleeping for the fear of dying in our sleep, even though we know not what will happen, whether we will wake up or not, we still go to bed and sleep when sleep calls.

Or should I use the motor car as an example, for many of us, we've lost friends, relatives, well wishers, even enemies to car accidents, yet, this has not deterred us or people from buying and driving cars, Infact, for many of us, we pray day and night for blessings, that we may buy the car of our dream, not knowing whether that car will be the means through which we will die.

So everything, good or bad, has some level of risk, some have died while eating because the food or water choked them.

Simply put now, buying, holding bitcoin is risky, same way also fiat is risky to hold, like I said earlier, everything resolved around risk, be it good or bad, the question is, what is the risk level..?

[PX-Z]

However, if you invest with bitcoin will a minimal amount, you are somehow reducing its risk, especially if you come to invest with equipped knowledge and skills, that is risk management.

Still there is a risk even if it is minimal.  Aside from that, other people who are literate in economic and financial industry often makes plan for risk management where they can eliminate to minimize risk by doing some preventive measures and securing their target investment.

Right? Regardless the invested amount, anyone who invest can be called risk taker. If the question is what kind of risk taker you are since there is called a risk tolerance where an investor can be called aggressive, moderate and conservative.

[Sayeds56]

And one thing i have come to noticed is that " Most people buying bitcoin and other crypto currency, just want to see an increase in price in months/years to come".

These set of people don't even make proper research before buying, they don't get current info after buying, all they want to see is the accumulation in price of their Coin been bought.

It is true that there are many people who buy Bitcoin only because they hear a lot about its potential price increase,  from their friends and on social media, however even such investors are likely to make good profit if they buy in bear market and continue accumulating it on every major dip and wait for the return of bull cycle when their investment decision will reward them with huge benefits.

[Inwestour]

It is true there are many people who buy Bitcoin only because they hear a lot about its potential price increase,  from their friends and on social media, however even such investors are likely to make good profit if they buy in bear market and continue accumulating it on every major dip and wait for the return of bull cycle when their investment decision will reward them with huge benefits.

It will not be enough just to hear somewhere that bitcoin is constantly growing in price. To benefit from investing in bitcoin, you need to understand the asset, when to buy it, then do not sell if the price starts to fall after the purchase, in addition, this fall can be very significant 30% or even more.

To do this, you should study bitcoin well, since only conscious investments can bring profit, because there will be a lot of psychological pressure, especially on inexperienced investors. The market works in such a way that profits will be received by those who are able to assess all possible risks, those who understand what they are doing and believe in the asset in which they invest, without this it will not be possible to get a good result.

[ektotanes]

Any investment is a risk, one way or another. For some reason, I'm sure that by investing in bitcoin I'm risking less than if I did not invest in it and kept only fiat money.

You know what they say nothing ventured, nothing gained.

[Supreemo]

me? i don't really think i'll consider my self as risk taker at all, since there are different kinds of risk. as for me, i'll consider my self as a gambler since it's like i'm only playing around with money without expecting great in return while i am learning the processs at the same time. the reason why i won't consider my self as a risk taker is that, i didn't like the idea of risking without getting something in return, but with playing around i expect that i will lose that money immediately, this is mostly why i'll only play the amount that i can afford to lose or some spare money that i don't really need. the idea of converting valuable things to fiat and gamble the money is not really for me.

[Baoo]

Everything in life has risks, especially Bitcoin. Although it is a worthwhile long-term investment to hold through dollar-cost averaging (DCA), it is still subject to market volatility and its movement is unpredictable.

We may not know what will happen next to Bitcoin in the next hour, day, week, month, or year. We just have to be prepared for it as risk-takers. You cannot call yourself a risk-taker if you have not bought Bitcoin, even just a fraction of it.

Exactly, and for me taking planned risks is essential to fulfill ambitions and goals. Otherwise, buying Bitcoin is always safe unless your investment target is short term due to the current situation of market is dramatically volatile. And to be honest, it's not easy to predcit correctly the next prices of Bitcoin in the near future, anything is possible to happen in crypto era, we might see a sudden bull or bear run a soon as possible.

In fact, it would be safer and better if you set a plenty of plans ,make goals and work on them until you achieve your aim and always be prepared for upcoming events and expect the unexpected. We hope everything is going to change in a positive way. Let's keep HODLING until BTC reaches ATH again.

[salad daging]

It will not be enough just to hear somewhere that bitcoin is constantly growing in price. To benefit from investing in bitcoin, you need to understand the asset, when to buy it, then do not sell if the price starts to fall after the purchase, in addition, this fall can be very significant 30% or even more.

To do this, you should study bitcoin well, since only conscious investments can bring profit, because there will be a lot of psychological pressure, especially on inexperienced investors. The market works in such a way that profits will be received by those who are able to assess all possible risks, those who understand what they are doing and believe in the asset in which they invest, without this it will not be possible to get a good result.

Obviously in some media we often hear how the potential for bitcoin will increase in the future but that's not enough. We have to have fundamentals if we want to start investing in bitcoin and do good management and always anticipate not to panic or get nervous when the price drops.

It's true that we have to know what we are doing with the investment and don't just follow people who do it while we ourselves don't know how bitcoin works in the market, including falling prices which are called crashes or bearish, often they only think about profits and forget about risks what happened later, I know that investing in bitcoin is indeed good with high profits, but we must know from everything that is said that it is not easy, and they must know if they want to take this step.

[Casdinyard]

I think so, as many people said. The mere act of considering the purchase of a bitcoin is more than enough reason to call yourself a risk taker. Many people in their lives wouldn't have gone so far to do the same thing you did, and yet you invested and are currently looking to make it grow too! So by all means you are a risk-taker alright, but not the wrong type. Stock ip on information, DYOR and never let FUD or FOMO take over your judgement and you should see yourself down a more successful path in this industry

me? i don't really think i'll consider my self as risk taker at all, since there are different kinds of risk. as for me, i'll consider my self as a gambler since it's like i'm only playing around with money without expecting great in return while i am learning the processs at the same time. the reason why i won't consider my self as a risk taker is that, i didn't like the idea of risking without getting something in return, but with playing around i expect that i will lose that money immediately, this is mostly why i'll only play the amount that i can afford to lose or some spare money that i don't really need. the idea of converting valuable things to fiat and gamble the money is not really for me.

!But gamblers are risk takers you silly! I'm guessing you mean that you just don't take as much risks as the average cryptobro, or perhaps you dismiss of your ventures as something other than a risk you are actively taking. Either way whatever works for you bro.

[uneng]

me? i don't really think i'll consider my self as risk taker at all, since there are different kinds of risk. as for me, i'll consider my self as a gambler since it's like i'm only playing around with money without expecting great in return while i am learning the processs at the same time. the reason why i won't consider my self as a risk taker is that, i didn't like the idea of risking without getting something in return, but with playing around i expect that i will lose that money immediately, this is mostly why i'll only play the amount that i can afford to lose or some spare money that i don't really need. the idea of converting valuable things to fiat and gamble the money is not really for me.

Well, that is, at least, an odd point of view... First, because gamblers are risk takers by nature, and second because when you gamble (and you consider yourself a gambler), you are completely risking money for something in return. So I really don't understand why you don't like the idea of doing so. That is a very contradictory statement!

[Kasabus]

Basically, yes. Everything that is called investments is considered as risky by any means, so those who do that especially investing in bitcoin as its high volatility are called risk taker.
But technically speaking it depends on the amount of someone invest, tolerance and your objectives and it its subjective knowing there are degree for risks.

Even living life itself has also its own risks, so it’s certain that we are risk takers from the start. And eventually there comes higher risk once we start investing in risky and volatile investments like what is bitcoin all about. But becoming more knowledgeable and even skillful in bitcoin will somehow reduce the risk and instead of committing more mistakes and fail, we tend to be even more cautious so we will end up bitcoin investment a successful and profitable one.

[RockBell]

Every business has risks, whether it deals with Bitcoin or not, but once you invest in a business, the risk can be managed. Considering the risk involved in investing in Bitcoin is occasionally worthwhile, I personally take risks because I've learned that risk can bring in a lot of profit while also putting your entire life at risk.

It's conceivable that a company isn't automatically responsible for the risk, though. An enterprise cannot completely insulate itself against risk due to this. But a company's performance risks can be minimized, most companies achieve this by putting a risk management approach into effect.

[|MINER|]

Snip.

All types of investments are risky, some may be less and some may be more. In this aspect, Bitcoin must also be under risk.Profit is definitely not guaranteed but I think the loss issue in Bitcoin investment will be less especially if you can invest now and sit for long term. And since I prefer long term investment and use my lazy funds for that I think I have taken a risk by investing in bitcoin but at least less than keeping money in banks.

[Distinctin]

Certainly yes. Buying bitcoin means you are aware that it’s value is not fixed and will always fluctuate every now and then, and you are allowing yourself to might lose in the future if you can’t manage your investment well. So that’s a big risk indeed. But by holding bitcoin for long term, you can avoid the risk of losing, and you can maximize as well your bitcoin profiting especially if you perfectly sell it in bullish season.

[coolcoinz]

Not at all. I don't think that I'm taking any risk by holding bitcoin.

In my case the answer is straightforward because I got a lot of BTC in 2015 and 2016 so bitcoin would have to be sub 1k for the investment to be unprofitable. I don't think that it's ever going to happen, so the risk does not exist anymore. If I bought it this year, I'd still be rather confident. There's no way bitcoin is going to be worth less than 2k USD after the halving, while your fiat money is going to be worth between 5 and 20% less next year, depending on your inflation rate. Probably 50% less if you live in Turkey and id you're in Venezuela, you can wipe your ass with it.

[molsewid]

Not at all. I don't think that I'm taking any risk by holding bitcoin.

In my case the answer is straightforward because I got a lot of BTC in 2015 and 2016 so bitcoin would have to be sub 1k for the investment to be unprofitable. I don't think that it's ever going to happen, so the risk does not exist anymore. If I bought it this year, I'd still be rather confident. There's no way bitcoin is going to be worth less than 2k USD after the halving, while your fiat money is going to be worth between 5 and 20% less next year, depending on your inflation rate. Probably 50% less if you live in Turkey and id you're in Venezuela, you can wipe your ass with it.

Because actually, buying bitcoin is less risky than other investing in other things. We all know that bitcoin may be down at this moment but sooner or later it will bounce back, it happens every year and other altcoins will have a movement depending on how bitcoin will react. Buying gold, land or other things in traditional ways are normal and it is quite good as well, but I still prefer to buy bitcoin than these things.

[_BlackStar]

The lesson is the best bitcoin investor and trade doesn't resonate the slightest bit of emotional discomfort because they understand the game and they fully accepted and embrace the risk where they know that buying bitcoin are probable not guaranteed.

Everyone who invests and trades is a risk taker - Yes, but not everyone is able to control their emotions and know the risk.
This is an individual matter that varies from person to person so we can never expect everything to be in balance. See how many regrets they have, but by themselves they will become stronger because of the experience.

I'm a risk taker, but I'm not as successful as others at controlling my emotions especially when I want to buy on a dip. LOL

[AmoreJaz]

Not at all. I don't think that I'm taking any risk by holding bitcoin.

In my case the answer is straightforward because I got a lot of BTC in 2015 and 2016 so bitcoin would have to be sub 1k for the investment to be unprofitable. I don't think that it's ever going to happen, so the risk does not exist anymore. If I bought it this year, I'd still be rather confident. There's no way bitcoin is going to be worth less than 2k USD after the halving, while your fiat money is going to be worth between 5 and 20% less next year, depending on your inflation rate. Probably 50% less if you live in Turkey and id you're in Venezuela, you can wipe your ass with it.

Because actually, buying bitcoin is less risky than other investing in other things. We all know that bitcoin may be down at this moment but sooner or later it will bounce back, it happens every year and other altcoins will have a movement depending on how bitcoin will react. Buying gold, land or other things in traditional ways are normal and it is quite good as well, but I still prefer to buy bitcoin than these things.

it will pose high risk if you are a beginner on this market and you actually don't know how to secure your btc. but if you have long years of experience in this market and you are a believer of btc's potential, then, you will feel that investing in btc is a low risk investment. but when you explore other currencies like meme tokens, that's when i will say, those are high risk ventures because most of them have very short lifespan.

[GideonGono]

When you are investing on something then you are already taking the risk no matter what it is.
I like to think that most or all of us are aware of the risk when we are buying or investing in crypto, but sad to say that there are some who doesn't really know or doesn't acknowledge the risk on investing in it.
Not everyone could control their emotion when it comes to trading or investment.

[Vaculin]

Taking risks involves uncertainty about the future. We cannot predict with certainty whether we will gain or lose money. While we don't always need to delve into the specifics, it's important to understand that taking risks means putting our funds at stake. It's akin to playing a game, where some individuals come out on top, while others suffer losses. As I cannot accurately forecast the direction of prices, I consider myself a risk-taker.

Well, I myself is a risk taker too because I have trusted an investment where I can be more prone to losses than profits, and because of how uncertain it is, we could just be lucky in the end if we succeed and create life changing profits but very unfortunate for those who have invested a huge amount of capital and yet still lose them all in the end. I guess as much as investment is concern, you won’t succeed in it unless you did not try taking the risk, that’s the main reason why I am buying and hodling bitcoin.

[borovichok]

When you are investing on something then you are already taking the risk no matter what it is.
I like to think that most or all of us are aware of the risk when we are buying or investing in crypto, but sad to say that there are some who doesn't really know or doesn't acknowledge the risk on investing in it.
Not everyone could control their emotion when it comes to trading or investment.

Life is all about taking chances to fulfill our purposes and aspirations. Risks triggered success and we need to make it a daily routine. Imagine giving out more and receiving less on an investment is absurd, but giving out more and receiving double folds is a good sign of risks. You invest because you expects significant rewards. Trading alone is risky because a trader have already put in mind that if the trade goes either ways ( Profits or losses), he will accept. That's facts because we expects results at the end of our trading positions, clearly not all the traders have good stable motive when trading. 

[Botnake]

Everything in life has risks, especially Bitcoin. Although it is a worthwhile long-term investment to hold through dollar-cost averaging (DCA), it is still subject to market volatility and its movement is unpredictable.

We may not know what will happen next to Bitcoin in the next hour, day, week, month, or year. We just have to be prepared for it as risk-takers. You cannot call yourself a risk-taker if you have not bought Bitcoin, even just a fraction of it.

Bitcoin is full of uncertainties and even if a lot would guarantee profitability in bitcoin, the fact that bitcoin is unstable and has no fixed value, investing in it is still a big risk, and those who trust and bought bitcoin despite of its volatility are certainly risk takers. Not just for bitcoin but even in real life businesses, those who venture in it are undeniably risk takers as they cannot gain assurance if they will prosper in the end or not.

[nullama]

~snip~
This question is simple because the answer is unequivocally YES but the answer has complex and deep meaning so let's get on it. Buying or trading bitcoin is an activity that considered as inherently risky. If you engage in that kind of activity you can consider yourself as a risk taker.  Why it is considered as inherently risky? It is because the outcome of buying bitcoion are probable not guaranteed meaning that we are not sure if we can make money. We are simply taking risk when we buy or trade bitcoin BUT it doesn't mean that we are correspondingly accepting the risk of buying bitcoin and that is the PROBLEM.

Most of the investors or traders are keep telling that they are taking risk because they bought a bitcoin, they did not accepted that buying bitcoin or trading bitcoin has a non guaranteed outcome. They just making hasty decision without making a plan and also accepting the possible consequences of their decision. Most of the investors and treaders are not yet knowledgeable enough because they have absolutely no concept of what it takes to be a risk taker. The best bitcoin investors and the best bitcoin traders have fully understand what it takes to be a risk taker wherein they learned to accept and embraced the risk.

There is a huge pychological gap between assuming that you are a risk taker because you bought bitcoin and fully accepting the risks inherent in each bitcoin that you bought. I created this thread because I see a lot of people who are having negative emotions like regret, hatred, sadness, fear, jelousy and many more emotions just because they lose money after they bought bitcoin. The lesson is the best bitcoin investor and trade doesn't resonate the slightest bit of emotional discomfort because they understand the game and they fully accepted and embrace the risk where they know that buying bitcoin are probable not guaranteed.

In 2009 it was a huge risk, but today it is already used as legal tender in El Salvador, and it's being used in large companies, so there's little risk really.

Bitcoin is not going anywhere. I would argue that it is more risky not getting some Bitcoin these days.

[xSkylarx]

I thought this would be an easy question to answer because things have risk, like even buying stuff that you need has risk, or like cause and effect, but when I say things like bitcoin or other things in business or any investment, I could say that it is another risk and a bigger one. I think if we say risk taker, there are two meanings: one is a small risk that needs to be decided on a daily basis, and the other is a big risk that makes us wealthy, earns us money, or like giving us a big impact in our lives. So if we say in bitcoin, I would say yes, we can be called risk takers.

[Seinlocko]

Not only buying bitcoin, but in business there will definitely be risks that must be faced. Because high risk always goes hand in hand with big results too. So don't be too surprised that a business that has great opportunities must have a high risk too. Likewise with bitcoin, bitcoin is indeed profitable, but behind that profit there is a large capital to buy it. The most important thing in any business is not to speculate, you have to find out first, and learn first, so you can minimize losses.

[Patrol69]

From my own experience investing in Bitcoin is undoubtedly risky. Because the accumulated resources are left in an online platform only for the purpose of earning some profit.  The digital currency is constantly fluctuating. And suddenly there are big changes in the market, ignoring these things, it is undoubtedly risky to leave your financial assets. But even if it's a risk, there's a lot of hope here. If you invest at the right time, you can earn good profits from here. From that hope, everyone may be willingly taking risks like this. There is no substitute for risk to succeed in cryptocurrency. But if you invest at the right time, the chances of profit are higher than the risk.

[bakasabo]

I might consider calling myself a risk taker (while I usually prefer not to risk or risk minimally) toward Bitcoin purchase. Back in 2017, without having much knowledge, without being familiar with DYOR, without knowing much about scam exchanges and etc, I have googled buy Bitcoin (I did this because I wanted to earn like others, who were talking about crypto), opened exchange page, uploaded docks for verification (shame on me) and bought Bitcoin via credit card and instantly exchange part of it for Ethereum. In 2023, I would not be so reckless and quick on making decisions.

[Hyphen(-)]

Not only buying bitcoin, but in business there will definitely be risks that must be faced. Because high risk always goes hand in hand with big results too. So don't be too surprised that a business that has great opportunities must have a high risk too. Likewise with bitcoin, bitcoin is indeed profitable, but behind that profit there is a large capital to buy it. The most important thing in any business is not to speculate, you have to find out first, and learn first, so you can minimize losses.

We share the same viewpoint on this; risk is present in all investments and businesses, not just Bitcoin.

In my opinion, the risk is when you invest in something where you are unsure of your profit or even your return, which means you could lose it all, and in this regard, there are many businesses that involve high risk, but people take the risk because they believe that the higher the risk, the greater the profit and return, which is true most of the time and sometimes not, which is why it is called risk-taking.

[Minor Miner]

me? i don't really think i'll consider my self as risk taker at all, since there are different kinds of risk. as for me, i'll consider my self as a gambler since it's like i'm only playing around with money without expecting great in return while i am learning the processs at the same time. the reason why i won't consider my self as a risk taker is that, i didn't like the idea of risking without getting something in return, but with playing around i expect that i will lose that money immediately, this is mostly why i'll only play the amount that i can afford to lose or some spare money that i don't really need. the idea of converting valuable things to fiat and gamble the money is not really for me.

Well, that is, at least, an odd point of view... First, because gamblers are risk takers by nature, and second because when you gamble (and you consider yourself a gambler), you are completely risking money for something in return. So I really don't understand why you don't like the idea of doing so. That is a very contradictory statement!

Even if we are willing to lose and do not expect to receive any reward when investing, it also means that we have accepted the risk as freely as possible. Investing in bitcoin meant we took the risk, but given what bitcoin can give us, I think our risk is well worth it.

There is no such thing as a completely safe investment in this world, it's just more or less risky, and bitcoin is one of the riskiest investments compared to traditional investments. But high risk brings high returns, so if someone is willing to step out of their comfort zone and take the risk, they will succeed faster than others.

[Inwestour]

We share the same viewpoint on this; risk is present in all investments and businesses, not just Bitcoin.

In my opinion, the risk is when you invest in something where you are unsure of your profit or even your return, which means you could lose it all, and in this regard, there are many businesses that involve high risk, but people take the risk because they believe that the higher the risk, the greater the profit and return, which is true most of the time and sometimes not, which is why it is called risk-taking.

High risks are also an increased danger to our investments, no need to think that this will help us make a big profit, it can also take away our funds. All risks must be justified, and if in doubt, it is better not to invest in this coin at all, but to look for something more reliable. Even if it brings less profit, but you will be confident in what you are doing.

Bitcoin is a good investment, but before you start investing, you need to thoroughly study its history and see how it moves. Risk will be present in any investment, somewhere more, somewhere less.

[nullama]

~snip~
Even if we are willing to lose and do not expect to receive any reward when investing, it also means that we have accepted the risk as freely as possible. Investing in bitcoin meant we took the risk, but given what bitcoin can give us, I think our risk is well worth it.

There is no such thing as a completely safe investment in this world, it's just more or less risky, and bitcoin is one of the riskiest investments compared to traditional investments. But high risk brings high returns, so if someone is willing to step out of their comfort zone and take the risk, they will succeed faster than others.

I think that's one of the big advantages of Bitcoin, that you can, since the beginning, simply risk a portion of your time/money/resources to it, and see how it will go.

Probably it's not as high risk now as it was in the beginning, but for some people it is still seen as high risk.

[riantolie]

~snip~
Even if we are willing to lose and do not expect to receive any reward when investing, it also means that we have accepted the risk as freely as possible. Investing in bitcoin meant we took the risk, but given what bitcoin can give us, I think our risk is well worth it.

There is no such thing as a completely safe investment in this world, it's just more or less risky, and bitcoin is one of the riskiest investments compared to traditional investments. But high risk brings high returns, so if someone is willing to step out of their comfort zone and take the risk, they will succeed faster than others.

I think that's one of the big advantages of Bitcoin, that you can, since the beginning, simply risk a portion of your time/money/resources to it, and see how it will go.

Probably it's not as high risk now as it was in the beginning, but for some people it is still seen as high risk.

It's still a pretty high risk. However, keeping your money in fiat or in stocks is a risk too, it's all just a different kind of risk. And it's different for everyone not only based on salary, but on country, job, etc.

[nullama]

~snip~
It's still a pretty high risk. However, keeping your money in fiat or in stocks is a risk too, it's all just a different kind of risk. And it's different for everyone not only based on salary, but on country, job, etc.

You can transfer Bitcoin to most countries in the world and convert it into the local currency.

That makes it basically very low risk, as you can always revert it to fiat if you need or want to do it for some reason.

Bitcoin is not going anywhere given the current status it has.

[Twentyonepaylots]

me? i don't really think i'll consider my self as risk taker at all, since there are different kinds of risk. as for me, i'll consider my self as a gambler since it's like i'm only playing around with money without expecting great in return while i am learning the processs at the same time. the reason why i won't consider my self as a risk taker is that, i didn't like the idea of risking without getting something in return, but with playing around i expect that i will lose that money immediately, this is mostly why i'll only play the amount that i can afford to lose or some spare money that i don't really need. the idea of converting valuable things to fiat and gamble the money is not really for me.

Well, that is, at least, an odd point of view... First, because gamblers are risk takers by nature, and second because when you gamble (and you consider yourself a gambler), you are completely risking money for something in return. So I really don't understand why you don't like the idea of doing so. That is a very contradictory statement!

Even if we are willing to lose and do not expect to receive any reward when investing, it also means that we have accepted the risk as freely as possible. Investing in bitcoin meant we took the risk, but given what bitcoin can give us, I think our risk is well worth it.

There is no such thing as a completely safe investment in this world, it's just more or less risky, and bitcoin is one of the riskiest investments compared to traditional investments. But high risk brings high returns, so if someone is willing to step out of their comfort zone and take the risk, they will succeed faster than others.

The moment you decide to invest into something is the start for you to be considered as risk taker. All investments have its own risk that varies on different degree. In the point that you just are willing to lose your money, I agree that it is still a risk that you tend to make your mind believe that you do not care but you really are aware of the risks you are taking, thus, you are still considered to be as a risk taker.  I can see gamblers as automatically be considered to be as risk taker since they are taking the risk through playing with your money that does not have any guarantee of any returns. But being risk taker is not that bad at all, if you are willing to take higher risk, you can expect higher returns. Always keep in mind that there is what we call calculated risk so that we could make the results be more favorable to us.

[LogitechMouse]

Re: Can you consider yourself as a risk taker if you buy bitcoin?

If you already bought an asset, you are considered as a risk taker already because you are taking the risk of a potential loss.

It all comes down to how risky an investment or an asset maybe. Bonds is an asset with the lowest risk. Stocks has more risks than Bonds, but lesser than crypto, and speaking of crypto, it is for me the most riskiest investment currently. As long as you invested into something that can't give you guaranteed returns then I guess it is considered a risky investment. Whether it will be precious metals, or things you got from an auction, or an NFT whatever, as long as it's an asset, you are already taking risk because you don't know if you will get profit or loss from it. I forgot that business is also added because you are risking your capital into building one.

Well, I already bought Bitcoin years ago, so I guess I can consider myself as a risk taker already.

[CarnagexD]

Re: Can you consider yourself as a risk taker if you buy bitcoin?

If you already bought an asset, you are considered as a risk taker already because you are taking the risk of a potential loss.

It all comes down to how risky an investment or an asset maybe. Bonds is an asset with the lowest risk. Stocks has more risks than Bonds, but lesser than crypto, and speaking of crypto, it is for me the most riskiest investment currently. As long as you invested into something that can't give you guaranteed returns then I guess it is considered a risky investment. Whether it will be precious metals, or things you got from an auction, or an NFT whatever, as long as it's an asset, you are already taking risk because you don't know if you will get profit or loss from it. I forgot that business is also added because you are risking your capital into building one.

Well, I already bought Bitcoin years ago, so I guess I can consider myself as a risk taker already.

Taking a risk means you should be thinking in probabilities. You shouldn't be just talking how much you can make or when you are going to buy your lambo. Don't be a lambo guy. Consider the other side of the coin. What you invest you should be willing to lose without leaving any mental or big fund damage to you. Since we're speaking risk, you should not only have a plan for price analysis but for how much you manage your funds and your risk. When will you take profit, take partials, cut losses, when to engage, when to add position. Only the brave wins, because those who take big risks wins big. The reward is as massive as much as the future of BTC.

Wether you agree to it or not, it is what it is. BTC is the best investment at the time. Once you see the potential, you cannot unsee it.
When we enter bullishness, hope you're of those riding it.

[Minor Miner]

~snip~
It's still a pretty high risk. However, keeping your money in fiat or in stocks is a risk too, it's all just a different kind of risk. And it's different for everyone not only based on salary, but on country, job, etc.

You can transfer Bitcoin to most countries in the world and convert it into the local currency.

That makes it basically very low risk, as you can always revert it to fiat if you need or want to do it for some reason.

Bitcoin is not going anywhere given the current status it has.

To be fair, bitcoin's volatility remains high, so there's nothing wrong with saying bitcoin is high risk. What will happen to your money if bitcoin suddenly drops 20% in one day? That is the risk of bitcoin that we face when using bitcoin as a means of payment.
For me, bitcoin is still a risky asset, the higher the risk, the higher the return. But I agree with what nullama said, the risk level of bitcoin is not as high as it was years ago when it was more widely recognized and used.

[bangjoe]

I wouldn't call such a person a risk taker but a smart investor. A risk taker is someone that invest in all this shitty coins such as meme coins and the likes that have no use-cases but anyone who invest in bitcoin is wise. Bitcoin has proven itself over the years, I think the most important thing is for one to have a good knowledge of the market to know the appropriate time to buy BTC and hold for the bull ride.

I totally agree that talking about Altcoins which have a higher risk is the most appropriate thought, but altcoins are not so bad if we are able to take advantage of the trend, but don't think for long term investment because it is very dangerous, Bitcoin we know is a very valuable investment asset. the safest among other cryptocurrencies because it has volatility that is not as terrible as Altcoins and mainly has no destruction, but I think it does not release bitcoin from the risky asset sentence because of that volatility earlier, actually not because of the bitcoin but because of our attitude if there is a decrease in the price of bitcoin which might attack investors' mentality because of the decline in the cycle, and maybe that's where it can be said to be quite risky.

[TitanGEL]

Re: Can you consider yourself as a risk taker if you buy bitcoin?

If you already bought an asset, you are considered as a risk taker already because you are taking the risk of a potential loss.

It all comes down to how risky an investment or an asset maybe. Bonds is an asset with the lowest risk. Stocks has more risks than Bonds, but lesser than crypto, and speaking of crypto, it is for me the most riskiest investment currently. As long as you invested into something that can't give you guaranteed returns then I guess it is considered a risky investment. Whether it will be precious metals, or things you got from an auction, or an NFT whatever, as long as it's an asset, you are already taking risk because you don't know if you will get profit or loss from it. I forgot that business is also added because you are risking your capital into building one.

Well, I already bought Bitcoin years ago, so I guess I can consider myself as a risk taker already.

Taking a risk means you should be thinking in probabilities. You shouldn't be just talking how much you can make or when you are going to buy your lambo. Don't be a lambo guy. Consider the other side of the coin. What you invest you should be willing to lose without leaving any mental or big fund damage to you. Since we're speaking risk, you should not only have a plan for price analysis but for how much you manage your funds and your risk. When will you take profit, take partials, cut losses, when to engage, when to add position. Only the brave wins, because those who take big risks wins big. The reward is as massive as much as the future of BTC.

Wether you agree to it or not, it is what it is. BTC is the best investment at the time. Once you see the potential, you cannot unsee it.
When we enter bullishness, hope you're of those riding it.

Investment is really a probability game, there is no sure win or sure lose in the investing world. If you manage your risk very well, there is a high chance that you can go to the TOP. People thinks that they can become rich by just investing, they even do not know on how many portions should they allocate in order to say that his/her decisions are good. For me to not a lot of opportunities, I usually divide my capital in 4 parts so in percentage it will be 25% each. If I have $1,000 and I want to buy bitcoin, I will just allocate $250 because it is the 25% of the $1,000 and this example is one of the risks management that investors should do. They shouldn't just putting 100% of the capital in specific asset because the risks are high and the probability of winning is low. Better to diversify it in order to catch different opportunities that the market is offering.

You can also increase your probability of winning if you know what you are doing, if you are a trader then get some courses that can help you to become a skill trader. If you are a NFT hunter then apply some course regarding it or make a network in order to not miss our the current NFTs. Just be sure that you allocate some of your time on your niche because it can help not only growing your capital but also becoming a better person with good attitude and mindset.

[Party24*7]

I wouldn't call such a person a risk taker but a smart investor. A risk taker is someone that invest in all this shitty coins such as meme coins and the likes that have no use-cases but anyone who invest in bitcoin is wise. Bitcoin has proven itself over the years, I think the most important thing is for one to have a good knowledge of the market to know the appropriate time to buy BTC and hold for the bull ride.

I totally agree that talking about Altcoins which have a higher risk is the most appropriate thought, but altcoins are not so bad if we are able to take advantage of the trend, but don't think for long term investment because it is very dangerous, Bitcoin we know is a very valuable investment asset. the safest among other cryptocurrencies because it has volatility that is not as terrible as Altcoins and mainly has no destruction, but I think it does not release bitcoin from the risky asset sentence because of that volatility earlier, actually not because of the bitcoin but because of our attitude if there is a decrease in the price of bitcoin which might attack investors' mentality because of the decline in the cycle, and maybe that's where it can be said to be quite risky.

Even investing in gold is risky, so let's not overstate that bitcoin is risk-free, a 14-year-old asset unrecognized in many countries. No asset class can offer high returns without risk, in that way, it looks like scam projects. So we need to be realistic and not exaggerate bitcoin, bitcoin is risky but worth accepting the reward we will get.

[bosede1]

For me, being a risk taker is entering into Bitcoin, with your wallet, and investing the x amount you have in mind for y years without knowing the value that will be accrued to you in the z years. It only takes a determined mind to take the risk to do that.

[Finestream]

me? i don't really think i'll consider my self as risk taker at all, since there are different kinds of risk. as for me, i'll consider my self as a gambler since it's like i'm only playing around with money without expecting great in return while i am learning the processs at the same time. the reason why i won't consider my self as a risk taker is that, i didn't like the idea of risking without getting something in return, but with playing around i expect that i will lose that money immediately, this is mostly why i'll only play the amount that i can afford to lose or some spare money that i don't really need. the idea of converting valuable things to fiat and gamble the money is not really for me.

Well, that is, at least, an odd point of view... First, because gamblers are risk takers by nature, and second because when you gamble (and you consider yourself a gambler), you are completely risking money for something in return. So I really don't understand why you don't like the idea of doing so. That is a very contradictory statement!

The fact that you put your money and effort into something that is uncertain, that is already considered taking a risk. That’s why gambling has a high risk compared to plain investing because you still manage to put your money even if you know losing is inevitable. Same like bitcoin, knowing it’s a highly volatile and it’s future is very uncertain, once you decide to trust and invest into it, you are starting to take the risk without gaining an assurance if you will succeed in the end or fail and lose your capital.

[Sayeds56]

It's still a pretty high risk. However, keeping your money in fiat or in stocks is a risk too, it's all just a different kind of risk. And it's different for everyone not only based on salary, but on country, job, etc.

You are correct that Bitcoin carries its own set of risk, including volatility of price and lack of regulation in crypto market but at the same time keeping money in fiat currencies is also subject to risk of inflation which reduces its purchase power. Similarly the value of stock can also fluctuate based on market conditions and performance of the company.

Ultimately, all kind of investments are associated with specific risks, however you should take an informed decision based on your financial situation and risk tolerance.

[nullama]

~snip~
You are correct that Bitcoin carries its own set of risk, including volatility of price and lack of regulation in crypto market but at the same time keeping money in fiat currencies is also subject to risk of inflation which reduces its purchase power. Similarly the value of stock can also fluctuate based on market conditions and performance of the company.

Ultimately, all kind of investments are associated with specific risks, however you should take an informed decision based on your financial situation and risk tolerance.

Absolutely, basically the more risk, the more reward you get.

If you acquired Bitcoin in the early days, 2009-2012 or so, it was a huge risk, basically almost no one would put $1,000 into that thing, or even $100. Whereas today, people comfortably make purchases of thousands and even millions of dollars in companies and countries. The downside of course is that because it's less risky, you get less rewards.

[AakZaki]

You are correct that Bitcoin carries its own set of risk, including volatility of price and lack of regulation in crypto market but at the same time keeping money in fiat currencies is also subject to risk of inflation which reduces its purchase power. Similarly the value of stock can also fluctuate based on market conditions and performance of the company.

Ultimately, all kind of investments are associated with specific risks, however you should take an informed decision based on your financial situation and risk tolerance.

All do have different risks and are in accordance with their respective portions. Cryptocurrency has a high risk, but let's see, the return is also faster and can be very high depending on market conditions, because the crypto market fluctuates with high volatility. it will not be owned by the stock market, Fiat, bonds or other investments. The most important thing is decentralized, we have full control over the assets we have. there will be no third parties who touch our assets when storing them in personal wallets or non-custodial wallets.

[samcoin]

Most of the investors or traders are keep telling that they are taking risk because they bought a bitcoin, they did not accepted that buying bitcoin or trading bitcoin has a non guaranteed outcome.

Actually, we are dealing with different levels of risks in every aspect of our lives. I once read a wisdom that says: risking nothing is more like risking everything. I think it's right because our decisions in life decide our destiny. For example, the decision that decides your education specialization should hold a level of risk in case your education becomes useless due to AI technology. When it comes to financial decisions, they hold different levels of risk also, because there are investments used to be a low risk, buy with lower ROI. On the other hand, Bitcoin used to be a high risk and high ROI investment. Thus, our decisions should be based on the level of risk every investment holds, so the invested amount should correspond with it. Personally, I consider myself a risk taker by investing in Bitcoin, but my investment hasn't reached the level that could destroy my life if it fails, so I believe in Bitcoin, but at the same time, put all possibilities on the table.

[initim]

Every investment has its own risk. So investing in Bitcoin, I will consider myself a risk taker considering the fact that it is a long-term investment and within that duration, anything can happen. You may lose or gain.

[tjtonmoy]

Everyone has their own definition about risk. So if we take that in consideration, what you say could be right and also be wrong at some extent. It totally depends on who we are talking about and what their situations are. For example, if the investor is poor and he tries to invest all he got hoping that he will make a fortune, and in that process lose some in price dump. Then to him, only buying could be a risk. But this is not what pros do. They know the concept and how things works around here. That is the reason why their definition of is different. This is just one example. So we may see many other scenarios in different situations.

[Quidat]

Every investment has its own risk. So investing in Bitcoin, I will consider myself a risk taker considering the fact that it is a long-term investment and within that duration, anything can happen. You may lose or gain.

You said was right which is actually that a right thing that you should really be that minding about the risks that you had taken on the time that you had stepped your foot into this crypto space
or on any investment or industries out there which you are trying out to engage on. When buying up Bitcoin then you are really considered to be a risks taker because we know that there's no
such thing about risk-free or 100% safe on any business out there specially if you are planning to have an investment or making more profits.
This is the first thing that you should accept on the time that you do make out such decision.

[nimogsm]

Understanding comes with experience. For beginners, this always seems to be something very difficult and risky, since this is a new direction for them in investing. But I know people who have invested in Bitcoin for a long time and store it for quite a long time waiting for their price at which they will be ready to sell him. Personally, I am ready for any scenarios that may happen to the market for me, this is perceived as a game in a good way and I am ready for risks.

[Viscore]

We share the same viewpoint on this; risk is present in all investments and businesses, not just Bitcoin.

In my opinion, the risk is when you invest in something where you are unsure of your profit or even your return, which means you could lose it all, and in this regard, there are many businesses that involve high risk, but people take the risk because they believe that the higher the risk, the greater the profit and return, which is true most of the time and sometimes not, which is why it is called risk-taking.

High risks are also an increased danger to our investments, no need to think that this will help us make a big profit, it can also take away our funds. All risks must be justified, and if in doubt, it is better not to invest in this coin at all, but to look for something more reliable. Even if it brings less profit, but you will be confident in what you are doing.

Bitcoin is a good investment, but before you start investing, you need to thoroughly study its history and see how it moves. Risk will be present in any investment, somewhere more, somewhere less.

True, not all those who take high risks are gaining bigger profits in return. In fact, what they only gain is life changing losses that could deprive their bright future ahead. So never believe it’s mostly possible most especially for beginner investors. Taking small risk at the beginning is good enough, you will only increase it once you are in consistent profits already and you may think that investing a bigger amount could be more helpful with your future profits.