AYOBA
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September 20, 2023, 01:07:52 PM Last edit: September 28, 2023, 08:52:26 PM by AYOBA |
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How some people are talking about Bitcoin so far is not like that because some people invest in Bitcoin with money that they cannot afford to lose. we are all aware that Bitcoin carries risk, but still, we can compare it with other investments. Some investments are more risky than Bitcoin. But for me, I don't mind. Sometimes If you don't take a risk, you won't succeed.
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Crypto Library
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September 20, 2023, 01:25:13 PM |
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In my opinion, wherever you go for invest, there will be risk in every case. I won't say that Bitcoin investment is risk-free but Bitcoin investment is much better to reduce risk than investing in other alternative coins or tokens what ever you say. There is still a lot of negative speculation about Bitcoin in people, if I talk about my own country here it has been declared illegal plus most people think it is only used for crime. So here people automatically think it's risky. However, if these things are excluded, if there is no fundamental knowledge in the case of bitcoin investment and panic sale while doing short-term trading, then it is definitely high risky for them. I will suggest those to invest in Bitcoin who have the much patience Just identify the support zones and make DCA for holding BTC. If they invest like this, it can be called low risk. The future of Bitcoin is very bright. In terms of long-term holding, I think it is possible to gain profit. Especially this time halving and the moment before halving because according to records Bitcoin bullrun can be seen immediately after.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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Maslate
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September 20, 2023, 08:39:07 PM |
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I believe all investments have their certain risks, it’s just that bitcoin has higher risks more than others. That is the reason why bitcoin should be dealt with more caution and persistence. Otherwise, if you invest bitcoin as easy as other investments, and don’t even know how to manage the risks and overcome them, you will never be successful with bitcoin. Bitcoin is highly risky but it’s also capable to give you high and satisfying results, and at some point can make your life turns like roller coaster.
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HONDACD125
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September 21, 2023, 06:46:06 AM |
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I think investing in Bitcoin is not as risky as you think. Profits and losses are an integral part of any investment. Of course, people will lose in Bitcoin too, but I don't think it would be fair to blame Bitcoin for that loss. .Anyone who invests without knowledge, without experience and without understanding the ups and downs of the crypto currency market will definitely be at a high risk of loss. Well, compared to other assets such as real estate property or bond, Bitcoin is definitely a lot riskier, but the reason is mainly because the volatility is still high, and it's not something thath is totally bad, because it means that Bitcoin is not simply high risk, but also high return. Other reason why Bitcoin is considered to has higher risk is might be that because Bitcoin is fairly new compared to other investment, investor still trying to figure out the nature of the market Fluctuation in Bitcoin price is a part of crypto currency market and because of this fluctuation people invest in Bitcoin, because that is why they can get a good profit, but experience is very important.If one does not see the price fluctuation in an investment, there is no point in investing there. Our investment objective is to buy at a low price and sell at a reasonable profit when the price rises. Of course, Bitcoin will be riskier than real estate or bonds, but the rate of return on Bitcoin is much better than investing in bonds and real estate.I don't think investing in real estate or bonds is bad, they are also good investments .It is true that many people still do not know anything about Bitcoin, and because of this ignorance they are afraid to invest in Bitcoin, but people who are well informed about Bitcoin, and Aware of Bitcoin's potential and how much profit they can get from investing here in the future, they prefer investing in Bitcoin over real estate and bonds.
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AakZaki
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September 21, 2023, 05:35:50 PM |
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Yeah, but the good thing at the same time is that Bitcoin is decentralized. It is just riskier since there are plenty of factors that contribute to its volatility. The hypes, the news and all those things that can affect people's decision in investing in Bitcoin.
It is just that even if it volatile, as long as it's not your house/land invested to crypto not just Bitcoin, you're gucchi.
In fact, volatility in crypto is important and an advantage for those who can take advantage of it. With high volatility, price movements are fast and it will be a place to make good fast trades, providing profits from every price movement. This will be dangerous for those who do not understand and understand how the crypto market works. They can even make long-term investments with profits of hundreds to thousands of percent if they invest in the right coins like Bitcoin. The important thing is that the money used is free money and not used for any future purposes.
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Zeldelima
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September 28, 2023, 06:51:05 PM |
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Like anything yes it has its inherent risks- Bitcoin's value is partly dependent on its adoption as a form of currency or store of value. There's no guarantee that it will achieve widespread adoption, and regulatory changes or technological challenges could hinder its growth.
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BitcoinPanther
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September 28, 2023, 07:52:02 PM |
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How some people are talking about Bitcoin so far is not like that because some people invest in Bitcoin with money that they cannot afford to lose. we are all aware that Bitcoin carries risk, but still, we can compare it with other investments. Some investments are more risky than Bitcoin. But for me, I don't mind. Sometimes If you don't take a risk, you won't succeed.
The only risk Bitcoin investor have in Bitcoin investment is being impatient and uninformed. Even with high volatility of Bitcoin market, we have seen in its price chart history that Bitcoin can recover and even create another all time high in every four-year cycle. So looking at that scenario and learning about the cyclical pattern of Bitcoin, the only way to mitigate risk is being patient and wait for the market to become bullish. Exercising patient can make us avoid unnecessary losses due to panic selling but if we have the knowledge and patience, Bitcoin investment is not that really risky at all.
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Vaculin
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September 28, 2023, 08:40:25 PM |
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We all know the high risk that is associated with bitcoin but it will be a lot high risky if you invest in bitcoin without making yourself knowledgeable about it. Yes, knowledge is power and without knowledge you are doomed. However, if you are aware of its risk and you know exactly how to mitigate it, then it will be easier for you to overcome it and still end up successful and profitable with bitcoin.
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Rockstarguy
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September 28, 2023, 09:02:33 PM |
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How some people are talking about Bitcoin so far is not like that because some people invest in Bitcoin with money that they cannot afford to lose. we are all aware that Bitcoin carries risk.
This where people do have problem they buy bitcoin with what they can not afford to lose, by the time they noticed the market is not like what they think it will be so late for them and they put the blame on Bitcoin. The reason why people fall into this trap is because they just rush into investing just because they want to make money from bitcoin without knowing bitcoin is risky and volatile. Bitcoin is a go investment but people go about it in the wrong way which ends up in regret. If people should learn about bitcoin their won't be complications in the investment of bitcoin.
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kawetsriyanto
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September 29, 2023, 01:52:11 PM |
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In fact, volatility in crypto is important and an advantage for those who can take advantage of it. With high volatility, price movements are fast and it will be a place to make good fast trades, providing profits from every price movement. This will be dangerous for those who do not understand and understand how the crypto market works. They can even make long-term investments with profits of hundreds to thousands of percent if they invest in the right coins like Bitcoin. The important thing is that the money used is free money and not used for any future purposes.
Indeed. High volatility in crypto makes people to have a chance for higher profits. If there is no high volatility, there will be no significant change in crypto prices. Sure, the high volatility is also an advantage for the traders, they can earn fast profits because there is a big movement in crypto prices in the short time. So, the volatility is surely the advantage if people know how to deal with the volatility. However, for the beginners who don't understand how to deal with the volatility, it can became the big risk for their trading or investment. There are many beginners who feel panic when the prices of the coins are decreasing much. Then, they do panic selling and exit the crypto space. Regarding the money to use for crypto investment, surely it should be the money that we can afford to lose it. It is a common advise that we can often see to the people who still don't understand it. Since it the target for the long term and no guarantee about the profits, it is a big mistake if we use the money that we use for our basic needs/necessities.
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ancafe
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September 29, 2023, 04:04:20 PM |
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Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
It depends on the knowledge you have and in my opinion if Bitcoin is invested correctly the risk can be controlled. For example, when bitcoin is in a sharp decline, all you need to do is be calm and not panic in that condition so there is no risk of anything happening. Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.
There are many advantages to bitcoin so that is why people choose to invest in bitcoin at this time and perhaps there are not many other investments that have the advantages that bitcoin has. As far as I know bitcoin is one of the media that can bring someone to achieve financial freedom if executed correctly. I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.
Differences in treatments are normal and the most important thing is that people can get benefits when involved in them. It is this benefit function that needs to be studied so that when people are involved in investing, they do not experience losses caused by the user's own mistakes. It's so easy to get involved in investment and all we need is money and knowledge, if we have this then the impact of investing in bitcoin will be very big towards anyone involved in it.
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darkangel11
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Don't let others control your BTC -> self custody
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September 29, 2023, 08:07:33 PM |
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In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.
This means you aren't an investor but a trader. You thought you were trying to invest, but in reality you were trying to trade and knew nothing about it, which is why you lost money. You may feel like I'm being harsh, but that's the truth. Many bitcoin investors start in the space thinking they're going to be the next OG, they'll go all in, bitcoin will go up by 50% and they'll sell it. They saw kids on youtube bragging about it and showing off their cars so this has to be easy, right? RIGHT? Then you see a 5% loss and you sell to confirm it. You take that loss in panic, then think about what you've done and go to forums to tell everyone about it, how risky it is and how you lost money.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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Wakate
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September 29, 2023, 09:03:25 PM |
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How some people are talking about Bitcoin so far is not like that because some people invest in Bitcoin with money that they cannot afford to lose. we are all aware that Bitcoin carries risk, but still, we can compare it with other investments. Some investments are more risky than Bitcoin. But for me, I don't mind. Sometimes If you don't take a risk, you won't succeed.
I think when we say Bitcoin is a risky investment, maybe some persons do not still understand what that really means. Bitcoin is a risky investment because investing in Bitcoin involves finance and if we don't follow the rules and what we ought to do, we might end up losing big from the market. There are people that trade Bitcoin and there are others that are only interested in buying and holding for a long time before they can sell and make profits from the market. There are people that invest and trade Bitcoin at the same time and they are able to do that because they have the skill and enough knowledge to back up there decisions. That is what we need to be able to make profits from Bitcoin since it's a financial decision and any mistake can lead to a big loses..
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taufik123
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September 29, 2023, 10:58:03 PM |
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-snip- There are people that trade Bitcoin and there are others that are only interested in buying and holding for a long time before they can sell and make profits from the market. There are people that invest and trade Bitcoin at the same time and they are able to do that because they have the skill and enough knowledge to back up there decisions. That is what we need to be able to make profits from Bitcoin since it's a financial decision and any mistake can lead to a big loses..
Those who do short-term trading realize that Bitcoin or any other crypto is highly volatile so this would be a good place to make profits. But that only applies to those who know the science of trading and for those who are beginners, it is not recommended to enter without any knowledge. Short-term or long-term is a choice of which one is suitable. Long-term investment will be safer for even beginners because the target price is still quite far away and more relaxed. But you must know when to enter and when to exit the market. Mistakes that result in large losses due to a lack of understanding of how they trade or invest and uncontrolled use of capital. The strategy used will also affect the final result. Every investment is risky and has different levels of risk. Bitcoin with high volatility that results in rapid price fluctuations is more risky.
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mirakal
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September 29, 2023, 11:28:35 PM |
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Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
I'm one of those who believe Bitcoin isn't risky when compared to altcoins. Those who think otherwise haven't deeply studied how Bitcoin works. For me, the only risk there would be making wrong entry or exit predictions while buying it. If we're referring to market dump as the risk Bitcoin can be thrown into or exposed to, then we should know that Bitcoin is like a cat with nine lives. It never dies. It has the ability of rising from its ashes. We've seen it rise from serious dump on several occasions during the bear seasons after each ATHs in the past. However, for me, I believe Bitcoin is really risky but the weight of risk depends on how much you are capable enough to manage its risk. But I have to agree with you that if bitcoin is risky, altcoins are even riskier as they are. With their pump and dump scheme, at the end of the day what we see is that most of them have turned into dead coins except for those who have established their credibility on the market.
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KingsDen
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September 30, 2023, 07:16:46 AM |
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Re: Is Bitcoin really risky as they say?
Every asset that is volatile in nature is risky and bitcoin is not an exception. This is the reason there is a general rule for bitcoin investment and even that of other assets like bonds and stocks that are volatile. The general rule is for you to invest what you are able to lose. This very rule has applied to bitcoin for a very long time, especially when bitcoin was relatively new. But as time goes, bitcoin has gained more confidence and it has been proven that you can only lose in Bitcoin when you sell at loss. but if you have a very strong hand and hold, bitcoin will definitely reverse to profit unlike altcoins which might not see another uptrend after a big dip Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.
The essence of bitcoin is not to avoid taxes. Please, if you earn in bitcoin and your country taxes bitcoin earnings and transactions, please pay your tax.
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powder1800
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September 30, 2023, 01:49:26 PM |
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"The only reason why bitcoin becomes risky is when you are trying to own or achieve it without the basic knowledge about bitcoin. You could have end up losing your money through scams or just by simply buying and selling at a very wrong timing, or when the market is not having a good market entry. However, if you acquire knowledge the you need before buying or investing into bitcoin, you could have done it with caution so won’t fall into its high risk of losing."
Indeed, knowledge is vital and an edge to everyone who thinks Bitcoin is a scam and unfair. Knowing the risks of trading and turning this into a salient key to keep going and having patience will surely lead you to success. People have different perspectives on BTC, it differs on their experiences. If you are a first timer, definitely you'll be afraid. But as the time goes by, and you have gained knowledge in BTC, you'll realize that these RISKS are NOT A HINDRANCE, instead these will lead you to brighter opportunities to suceed and learn more. And I hope, once we get enough knowledge and become a pro with BTC, we should learn to share them to those who also want to enter trading. Always remember, "sharing is caring."
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ScamViruS
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September 30, 2023, 02:13:00 PM |
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How some people are talking about Bitcoin so far is not like that because some people invest in Bitcoin with money that they cannot afford to lose. we are all aware that Bitcoin carries risk, but still, we can compare it with other investments. Some investments are more risky than Bitcoin. But for me, I don't mind. Sometimes If you don't take a risk, you won't succeed.
There are some investors who want to get multiple returns of their invested money overnight, and as a result, they invest all their money and become impatient to make profits, which exposes them to huge losses. And these gambler type investors are the ones who spread negative things. A patient investor who knows about Bitcoin, actually knows when to invest in Bitcoin is risky and when to invest in it is profitable. So those who are impatient and invest thinking Bitcoin is a money making machine may not actually hold Bitcoin in the end. They end their journey and incur losses.
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Y3shot
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September 30, 2023, 03:09:55 PM |
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Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
I'm one of those who believe Bitcoin isn't risky when compared to altcoins. Those who think otherwise haven't deeply studied how Bitcoin works. For me, the only risk there would be making wrong entry or exit predictions while buying it. If we're referring to market dump as the risk Bitcoin can be thrown into or exposed to, then we should know that Bitcoin is like a cat with nine lives. It never dies. It has the ability of rising from its ashes. We've seen it rise from serious dump on several occasions during the bear seasons after each ATHs in the past. I think people sees Bitcoin to be risky because they are not doing the right things. It is only one who doesn't have a source of income but invest in bitcoin and depending in the investment. It is someone who invest all they have that will see bitcoin as being very risky but as for people who hold bitcoin and don't depend on bitcoin to make money so fast won't see bitcoin being risky. Bitcoin is very risky for those who do not understand it, which seems to be be risky because they invest with no understanding. Bitcoin is not risky compare to some altcoins that has no value in the market, but bitcoin is safe to invest.
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Mpamaegbu
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September 30, 2023, 03:46:50 PM |
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~snipped~
It is someone who invest all they have that will see bitcoin as being very risky... Even having that type of investment mindset won't ordinarily be a problem if those investing are getting in at demand zone or POI (Point of Interest). If they do, they will instantly be on a winning trade and there won't be any need for that anxiety of losing all that's invested. If anyone is assured of investing $1k and getting instant reward, of course they would do it; even if it means selling their stuff to achieve that. Sadly, no genuine investment is like that. ...as for people who hold bitcoin and don't depend on bitcoin to make money so fast won't see bitcoin being risky.
These are the comfortable investors and most often they're the ones who benefit on the long run from hodling. Not many people think that way anymore as they see Bitcoin investment as a shortcut to wealth. Bitcoin isn't that, only Ponzi is.
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