Is Bitcoin really risky as they say?

[boyptc]

Bitcoin is totally a high risky asset

Right, as long as it is an asset that's volatile then the risk can't be taken away. And with Bitcoin, it's more than just a P2P method and transfer that we can do because it's more used as an investment or store of value than a payment method.

and anyone who enter bitcoin investment without sufficient knowledge and understanding on the crypto market will find bitcoin investment as a way to lose more.

This is in general for majority investments. There's a greater risk when you don't know what you come up with.

[HajiBagi]

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.

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.

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 forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth

The reason why many people view bitcoin as a risky investment is that it is an online and untouchable investment, and when an investment becomes online you have to be careful because of being scammed. Bitcoin is not that risky, despite what some people have said, and there is no other investment that is not risky, even the business we did today has risky. For investors who know their business, bitcoin can be a very profitable venture. However, some view it as a risky investment due to its volatile price; some buyers will purchase coins and then sell them for less than they had anticipated.

People who claim that bitcoin is extremely risky are not far from the truth. Without mentioning that many people will not value their bitcoin, some will not secure it, and some will even misplace their private key, many newly introduced to bitcoin should always be informed that bitcoin is extremely risky so that they will value what they have. After all, purchasing bitcoin with large sums of money and then falling victim to fraud or misplacing your private key is not a good idea.

[Bushdark]

Bitcoin is totally a high risky asset

Right, as long as it is an asset that's volatile then the risk can't be taken away. And with Bitcoin, it's more than just a P2P method and transfer that we can do because it's more used as an investment or store of value than a payment method.

and anyone who enter bitcoin investment without sufficient knowledge and understanding on the crypto market will find bitcoin investment as a way to lose more.

This is in general for majority investments. There's a greater risk when you don't know what you come up with.

Is not that's Bitcoin is a risky project to invest in but it is because the market is very volatile which can be make price to shift away from the point we bought it to the opposite trend. Those who does not understand the market can get confused and invest in the market at the wrong time and unfortunately they could sell their holdings and end up losing in the market. It is good for us to have a solid understanding about how the market works which is going to guide every of our actions and make us to make profits from the market.

[Winterfrost]

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.

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.

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 forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth

The reason why many people view bitcoin as a risky investment is that it is an online and untouchable investment, and when an investment becomes online you have to be careful because of being scammed. Bitcoin is not that risky, despite what some people have said, and there is no other investment that is not risky, even the business we did today has risky. For investors who know their business, bitcoin can be a very profitable venture. However, some view it as a risky investment due to its volatile price; some buyers will purchase coins and then sell them for less than they had anticipated.

People who claim that bitcoin is extremely risky are not far from the truth. Without mentioning that many people will not value their bitcoin, some will not secure it, and some will even misplace their private key, many newly introduced to bitcoin should always be informed that bitcoin is extremely risky so that they will value what they have. After all, purchasing bitcoin with large sums of money and then falling victim to fraud or misplacing your private key is not a good idea.

All investment is risky mate. And being an online investment is not something that people should be scared of. I believe people make use of online banks and register their details in online why dont they feel it is risky? Using online as a point of not investing in bitcoin is not a valid reason. I think they are scared of the investments because of the information's about scams and all that. If not no one who will be aware of Bitcoin investment after learning that will not want to invest especially when they have the finance to start it. I am sure about that.

However, i feel people should get the conviction first, yes bitcoin is risky and that's the simple truth. But it should it did not stop so many persons to not invest in it. For instance driving a car is risky as well because someone may drive recklessly and an accident may occur unknowingly yet people dream of having cars and all that. The ideal should be focusing on learning about bitcoin before having conclusion if after learning about it there is no conviction to start investing in it, then they should not invest either. Its a matter of choice and not everyone is expected to be a Bitcoin investor.

[BitcoinPanther]

The reason why many people view bitcoin as a risky investment is that it is an online and untouchable investment, and when an investment becomes online you have to be careful because of being scammed. Bitcoin is not that risky, despite what some people have said, and there is no other investment that is not risky, even the business we did today has risky. For investors who know their business, bitcoin can be a very profitable venture. However, some view it as a risky investment due to its volatile price; some buyers will purchase coins and then sell them for less than they had anticipated.

Looking at the Bitcoin price performance, the high volatility plus impatience is the reason why people call Bitcoin investment risky.  But if we look at the chart one part in the cycle, Bitcoin is able to recover and even give profit to people who had invested on the previous cycle.  With patience, I do not think Bitcoin is a high risk investment, Bitcoin price records is the solid proof of it.

People who claim that bitcoin is extremely risky are not far from the truth. Without mentioning that many people will not value their bitcoin, some will not secure it, and some will even misplace their private key, many newly introduced to bitcoin should always be informed that bitcoin is extremely risky so that they will value what they have. After all, purchasing bitcoin with large sums of money and then falling victim to fraud or misplacing your private key is not a good idea.

People who considered Bitcoin is extremely risky is not updated about the Bitcoin market.  Bitcoin had already have a deep foundation and high liquidity market.  It maybe highly volatile but those who are versed in the market can easily profit from it by having patience and reading the market movement through integrating TA and FA.  If one bought at the peak in the previous cycle, they only need to have patience and wait for Bitcoin to break its ATH to gain profit.  In the current Bitcoin behavior, patience is the key to minimize risk in Bitcoin investment.

[boyptc]

Is not that's Bitcoin is a risky project to invest in but it is because the market is very volatile which can be make price to shift away from the point we bought it to the opposite trend. Those who does not understand the market can get confused and invest in the market at the wrong time and unfortunately they could sell their holdings and end up losing in the market. It is good for us to have a solid understanding about how the market works which is going to guide every of our actions and make us to make profits from the market.

The volatility that can be seen is the one that's being looked upon for being risky. You're right.

It's not risky because it is a risky project, it is risky because just like any other assets and investments, all of them have risk and that's what people should look at when it's about the risk assessment they do for Bitcoin.

While those that have no knowledge about investments and bitcoin per se, they're at the risk as well for not knowing a thing or two for what they do.

[Gormicsta]

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.

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.

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 forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth

Indeed, Bitcoin is a volatile asset, but that doesn't make it risky to invest in, if you think Bitcoin is risky, then try Altcoins. Bitcoin in my opinion is the safest asset to invest in irrespective of it's volatile nature,, because no matter how much Bitcoin dips in its price, it always comes back up and reach for hight heights so if you keep holding, even  during the dips, you'll see that Bitcoin is a safe haven compared to other crypto assets.

[Velemir Sava]

Right, as long as it is an asset that's volatile then the risk can't be taken away. And with Bitcoin, it's more than just a P2P method and transfer that we can do because it's more used as an investment or store of value than a payment method.

In fact, if BTC feels safe, it is safe. but if you often worry about investing with the fear of loss in mind, anxiety will always come. This is where it is important to read and find out first what BTC really is specifically for those who want to start investing when they have entered and keep pressing the gas.

[boyptc]

Right, as long as it is an asset that's volatile then the risk can't be taken away. And with Bitcoin, it's more than just a P2P method and transfer that we can do because it's more used as an investment or store of value than a payment method.

In fact, if BTC feels safe, it is safe. but if you often worry about investing with the fear of loss in mind, anxiety will always come. This is where it is important to read and find out first what BTC really is specifically for those who want to start investing when they have entered and keep pressing the gas.

We've already figured out what BTC really is. Now, the purpose varies on the person if you'll see it as something very risky at all and your money won't be safe.

That's what people think of what risky is. Before it was all about the thoughts of being scam and now we're done with that era as everybody has accepted it already.

[jeha2015]

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.

Even though everyone claims that bitcoin has risk, i only see risk when caution is not taken. However, if you take the proper precautions, it will help keep your money safe out of trying something new. It is better to not try what you don't understand than to be ready to lose money, and if you want a satisfying result, you must be prepared to play by the rules. It is true that all investments carry some risk, but they all carry more risk than themselves. And when the day is over, you will be content. Because when you see the decision some people make towards their assets you will pity them.

Which in essence, no investment is safe. Every investment has its own risks that we need to study and be aware of.

For example, investing in shares simply means putting a certain amount of money into the company we choose. One of the risks of investing in shares is that the company could go bankrupt. Investing in BTC simply means we hold digital money. The risk of BTC is lost or hacked and has high volatility. Likewise, if we invest in mutual funds, we give money to the investment manager. The risk with mutual funds is that investment managers could commit fraud or make mistakes in choosing investment instruments.

Basically, every investment has its own risks, so you should first understand the investment instrument before investing. But if you ask which is better for the future, of course bitcoin.

[Y3shot]

Bitcoin is very risky that I'll advice anyone who have no knowledge about it first not to risk put money in it, what makes bitcoin easy for people is when they really understands it. So before you start investing in Bitcoin you have to make sure that their is an understanding of bitcoin,  going into bitcoin without any understanding is a risks that one can end up unprofitable,  understanding the market is what every  investor should be aware of.

[kawetsriyanto]

Bitcoin is very risky that I'll advice anyone who have no knowledge about it first not to risk put money in it, what makes bitcoin easy for people is when they really understands it. So before you start investing in Bitcoin you have to make sure that their is an understanding of bitcoin,  going into bitcoin without any understanding is a risks that one can end up unprofitable,  understanding the market is what every  investor should be aware of.

When someone has no knowledge, it doesn't make sense that he tries to invest or trade Bitcoin. How he can do it properly if he has no knowledge? He must do it by guessing. This is absolutely the wrong way, it probably ends up with losses. Sure, everyone who wants to invest/trade in Bitcoin, must ensure that he has sufficient knowledge. We must realize that investing/trading in Bitcoin basically is a high risk due to its price volatility. It will be riskier if we have no proper knowledge. So, having knowledge and understanding it well, must be an absolute requirement before someone starts trading or investing in Bitcoin.

[Solokan]

Many people say that investing in BTC is of course very risky and indeed investing in BTC is very risky, even in any business world it is certainly very risky, but when we invest in BTC the risk is very high because the price fluctuates and is difficult to predict.

Of course, everyone has various reasons for investing in BTC, namely there are those who want to use BTC as a store of value and in some countries, BTC is used for payments, etc., but what I know is that many people invest in BTC because they see the potential for a bright future, of course. btc has the potential to be very expensive in the future.

This forum is really good and I have also been helped a lot by this forum, especially in matters relating to crypto.