Bitcoin is risky

[Glen Hoddle]

If you want to invest in bitcoins risk-free, you need to use the DCA strategy. Using the DCA strategy saves on the purchase price, allowing you to invest Bitcoins for several weeks.

There is no way that we are possible to invest with zero risks in crypto, including in Bitcoin. Even if we are using DCA strategy, it doesn't really eliminate the risk. DCA is only the way to buy Bitcoin gradually, we aren't forced to spend a lot of money. However, it never guarantees for the success in investment. It doesn't automatically that we must sell the Bitcoin for profits in the future. The success will purely depend on the way we manage the investment. If we are quite patience and smart enough to determine the time for taking profits, in this way we possibly gain profits in the future.

So I never consider risk to invest in bitcoin, I don't consider much risk in bitcoin investment. Because I participate in Bitcoin investment following DCA strategy and I am able to achieve massive success.

It is not the right way to invest in Bitcoin without considering the level of the risks. Bitcoin is surely safe for holding a long time, but it doesn't mean free of the risks. If you have lack of knowledge in Bitcoin investment, it is still possible to end up with losses. You must remind that the DCA will never guarantee the success. Learn the cycle, update the current information, and always analyze the fundamentals of Bitcoin price development!

I completely understand your points and undoubtedly there is a risk in Bitcoin investment but it is not as risky as as some others person's may have in mind ,the risk generally that am most concerned is the risk of uncertainty which implies that at some point nothing is guarantee irrespective of our management skills and the experience, knowledge we have got and the accumulation strategy or strategies, it does not change the fact that it is still apparently not a guarantee to success hence we can't be overly excited as regards to risk free, but yeah holding for long term has an enormous benefits, mostly importantly is also good we always prioritize taken care of basic needs before making any investment decisions.

Investing in Bitcoin generally involves risk, but in all cases there is risk. So if you only want to invest in Bitcoin I think it's generally less risky, because if you actually want to deposit money or do any business there will be risk. So relatively I consider investing in Bitcoin as less risky, as the Bitcoin market is very volatile at present. And if you look at the beginning of Bitcoin, then of course Bitcoin has gone from the lowest price to the highest price.

 Then think to yourself that early stage investors have had the most success in recent times if they've held on to their holdings. So if you start investing in Bitcoin from now and keep it for long then you will definitely get maximum success.

[Iranus]

Investing in Bitcoin generally involves risk, but in all cases there is risk. So if you only want to invest in Bitcoin I think it's generally less risky, because if you actually want to deposit money or do any business there will be risk. So relatively I consider investing in Bitcoin as less risky, as the Bitcoin market is very volatile at present. And if you look at the beginning of Bitcoin, then of course Bitcoin has gone from the lowest price to the highest price.

 Then think to yourself that early stage investors have had the most success in recent times if they've held on to their holdings. So if you start investing in Bitcoin from now and keep it for long then you will definitely get maximum success.

I'm a bit confused with what you're saying, how can investing in bitcoin be less risky when you admit that the bitcoin market is so volatile?

Also, I don't think investing in bitcoin is any less risky than putting money in a bank or business, which seems counterintuitive to what is going on. While the whole world recognizes that investing in bitcoin is much riskier than traditional investments.

To put it bluntly, no investment can give high returns with low risk, including bitcoin, the higher the return the greater the risk and bitcoin is one of them.