Bitcoin is risky

[reagansimms]

Bitcoin is the safest place for long-term investment in the online world. I always tell my friends that if you want to change assets in the future, the best choice is Bitcoin. Everyone admits that Bitcoin is a big risk when predictions in the opposite direction do not match our expectations. For me, it only changes once a year, so the future investment in Bitcoin is very feasible.

The risk in long term bitcoin is very low, but I think a person should not over invest in bitcoin. Bitcoin is the ideal investment area to invest in. Just because it's long, doesn't mean you should invest all your money in Bitcoin. Such investments are likely to incur losses.

There is no profit without risk, that is the law that applies in investment. When someone cannot bear the risk, then never make an investment, especially Bitcoin investment which is known to be very volatile. Someone who is already familiar with Bitcoin will try to increase the amount of their investment periodically because they believe that the price of Bitcoin will continue to increase in the future. Positive assumptions will always overcome fear, even though investors know there are risks in Bitcoin investments, but Bitcoin's past history makes their confidence grow in the great potential that Bitcoin will produce in the future. Investing in Bitcoin requires using money that is not used for other needs, in this way your investment will be safe because when you need money suddenly, you don't need to ruin your investment plan.

[Just Say]

Because Bitcoin's price fluctuates so much, investing in it carries risk just like any other investment. Bitcoin's price is never steady. Once more, investing in Bitcoin has the potential to yield the highest returns because there is always a good moment to make an investment and a proper time to hold and sell it. Because novices who want to invest in bitcoin without knowing the ins and outs of the market are, in my opinion, naturally risk-averse, I believe that bitcoin is a safe place to make investments.

The price of every coin in the crypto currency market is associated with volatility i.e. every coin's price fluctuates constantly and no coin's price is stable. Any coin you invest in cryptocurrency involves risk.

So if you want to invest, invest by accepting the risk and invest as much as you can afford to lose. Investing in Bitcoin is less risky than investing in other coins. If we are able to buy bitcoins at the right time and hold them for a long time then our success from here may be inevitable. One of the easiest ways to invest in Bitcoin for beginners is the Dollar Cost Averaging method. By adopting this method, you can start your Bitcoin investment journey with a small amount of money and increase it gradually according to your needs.

[moneystery]

bitcoin is risky if someone invests in short-term mode, because the price tends to be unstable and at any time someone can lose a few percent of the value of their investment. and to overcome this, someone needs to invest in a longer period of time, according to the explanation from @squirreljulietgarden that the longer the time bitcoin has less volatile price and that already explains how someone can get maximum profit when they choose to invest in a longer period of time than bitcoin.

[GxSTxV]

Everyone should do his own research before making any statements, nobody should force anyone else into Crypto or Bitcoin without knowing all the risks, and understanding the market.
For us, the situation is different since we already learned so much about it, we liked the idea of Bitcoin years ago, and most of us have made profits from it, even some of us are rich and made fortunes from it.

In case you wanted to teach him and explain everything to your friend, you have to know the amount of responsibility and risk you are taking with him, if he ever invested or anything bad happens in the process. Do not neglect the importance of security and understanding how to protect yourself from hackers, malicious softwares…. Way before going into market volatility and the price change.

[Huppercase]

Do not lie to people about what crypto is just so they would not think of it as something not worthwhile. Rather explain eagerly. I did this so that my friend would not worry about my financial state and if he ends up becoming interested in bitcoin then I would be glad to continue teaching him.

Why is this looking irrelevant to me? I don't know why anyone in their right state of mind will want to lie for people to buy or invest in Bitcoin, it's not like they are going to gain something doing that rather they are only giving false hope which in my opinion can back fire if the market doesn't do as he said in the beginning or might turn out well for the person. So there is nothing to lie about to someone buying or investing in Bitcoin just to persuade them.

The only thing I can persuade someone to do is to make sure they back up their seed phrase and make sure their coins are been sent to their personal wallet. Those are the mistakes I know might back fire because I have experience a situation where a person bought a coin in his personal wallet and because he was still having access to his wallet through his phone, forgot to back up his wallet and when the phone got stolen, he lost access to his wallet and was sober the whole time.

[ringgo96]

bitcoin is risky if someone invests in short-term mode, because the price tends to be unstable and at any time someone can lose a few percent of the value of their investment. and to overcome this, someone needs to invest in a longer period of time, according to the explanation from @squirreljulietgarden that the longer the time bitcoin has less volatile price and that already explains how someone can get maximum profit when they choose to invest in a longer period of time than bitcoin.

everyone is afraid to take risks, therefore we need the courage to step forward and be ready to accept all the challenges that apply, bitcoin is currently very high in value so that those of us who have capital should invest in the long term because we will definitely feel the benefits even though we have to go through twists and turns but everything will feel comfortable if we have bitcoin, so investing is the solution to increase our assets, and we must always monitor every movement of bitcoin so that our assets can be maintained.

[Issa56]

bitcoin is risky if someone invests in short-term mode, because the price tends to be unstable and at any time someone can lose a few percent of the value of their investment.

If you are ready to hold bitcoin for a long period of time, then I don’t think you are going to lose, as long as the bitcoin is properly stored, then I don’t know how the person is going to lose, and I don’t know if there is any investment in which there is no risk, anything you are investing in, then there is risk involved in it. Most people that do think crypto investment is so risky are the ones that do invest in bitcoin for a short period of time, or the set of people that do invest in shitcoins, but if my money is in bitcoin, then I don’t panic because I know it is secured, and as long as my aim is for the long term, then I don’t have any reason to panic because of price movement.

[wahyuagung26]

There is no profit without risk, that is the law that applies in investment. When someone cannot bear the risk, then never make an investment, especially Bitcoin investment which is known to be very volatile. Someone who is already familiar with Bitcoin will try to increase the amount of their investment periodically because they believe that the price of Bitcoin will continue to increase in the future. Positive assumptions will always overcome fear, even though investors know there are risks in Bitcoin investments, but Bitcoin's past history makes their confidence grow in the great potential that Bitcoin will produce in the future. Investing in Bitcoin requires using money that is not used for other needs, in this way your investment will be safe because when you need money suddenly, you don't need to ruin your investment plan.

 Those who do not understand the pattern in Investment will always tend to make mistakes due to several factors that they will face, such as risk and also fear of loss, in fact Investment is one of the risks, including Bitcoin, those who always do not understand the fluctuations that occur will often make mistakes in their Bitcoin Investment.

However, it is different from those who have been able to master it well enough, and they will always pocket their Bitcoin and continue to save and persist in choosing the time or waiting for the time for them to get profit or choose to continue adding to their Bitcoin periodically or DCA which is continuously done.

[kawetsriyanto]

Yes it is true that Bitcoin is very profitable while being risky.  If we want to beat this risk, we must hold it for a long time.

It is not a must to hold a long time. If you don't brave for holding a long term, you can hold it for a short term. It purely depends on your goal. If you don't set a too high profits, you can set for a short term holding. Not every holder hold for a long term, some only hold for a short term. By the way, having good knowledge is the way to deal with the risks.

~ there is a risk in every person who wants to make something that makes a big profit and cannot be separated from the word risk.

TBH, I'm not really sure your point, dude.
However, the risk isn't on the person but it lies on the investment.
Expecting for big profits is normal, nothing wrong with this matter. It is only considered a wrong perception if someone expects big profits but he does it in an improper (careless) way. Investing with lack of knowledge is an example of an improper way. There is no way to succeed if we invest with lack of knowledge.

[Nothingtodo]

The more profitable your investment, the riskier your investment is, it is natural and a prerequisite in every investment. The more profitable Bitcoin is, the more risky it is.  Sometimes the Bitcoin market gets pumped so much that a lot of profit is made but then the price of the Bitcoin market declines so much that the losses are even bigger than the past profits.

[Farma]

The more profitable your investment, the riskier your investment is, it is natural and a prerequisite in every investment. The more profitable Bitcoin is, the more risky it is.  Sometimes the Bitcoin market gets pumped so much that a lot of profit is made but then the price of the Bitcoin market declines so much that the losses are even bigger than the past profits.

It is true that this is very natural, when someone has a large amount of funds to invest, the profit they will get will also be large and of course they have a good understanding of the investment they are running because if they do not understand it well, it is very likely that they will experience a loss on the investment they are running, so it is very important for anyone who wants to invest in Bitcoin to understand how Bitcoin works so that they do not make mistakes in investing and they must also know that the decline in the price of Bitcoin is not a loss experienced by investors because when there is a decline, this condition will be utilized by those who have sufficient funds to buy and hold to make a profit when the price goes up again.

[dezoel]

Undoubtedly, Bitcoin investment can be risky but not as risky as most people may have it, it is always advisable to invest the amount of money that is more like a Left over or disposable income after taken care of our living expenses which is very important and essential, even though we can not completely rely on history which of course has given us so much guides, Bitcoin has proven to be a good coin with a solid foundation which is also meant to reduce the feeling of risk that should attached to it.

It's all about doing enough research and understanding everything before one gets involved financially because when you are entering a financial market, you need to understand how things work around it and how to avoid or mitigate the risks involved with trades or whatever you do there. When it comes to the cryptocurrency market, it is extremely volatile and unpredictable, so when someone is starting their journey here, they should do enough research before they begin even if they are going to invest in Bitcoin.

Every investment certainly has risks in it and to be able to avoid risks, good knowledge is needed about the investment that we will run

Exactly, most newbie investors make the mistake of ignoring the fact that they need to have enough knowledge before they start, so they start buying cryptocurrencies right after hearing about the market because they think it's very easy to earn money from this market which isn't true.

[Richbased]

bitcoin is risky if someone invests in short-term mode, because the price tends to be unstable and at any time someone can lose a few percent of the value of their investment. and to overcome this, someone needs to invest in a longer period of time, according to the explanation from @squirreljulietgarden that the longer the time bitcoin has less volatile price and that already explains how someone can get maximum profit when they choose to invest in a longer period of time than bitcoin.

Literally, anyone who is not in for long term hodling should rather not invest in Bitcoin. A valuable asset like Bitcoin shouldn't be used for short term investments. Investing for short term profits is more likely a gamble because of it's volatility, you can buy with the hope that the price will rise but instead it decreases and those short term investors can use out of fear that the price might continue to fall and involve in panic selling which results in losses and since they have short term investment targets it's always difficult for them to HODL when the price is falling due to their impatience, fear and anxiety.

[Tmoonz]

Undoubtedly, Bitcoin investment can be risky but not as risky as most people may have it, it is always advisable to invest the amount of money that is more like a Left over or disposable income after taken care of our living expenses which is very important and essential, even though we can not completely rely on history which of course has given us so much guides, Bitcoin has proven to be a good coin with a solid foundation which is also meant to reduce the feeling of risk that should attached to it.

It's all about doing enough research and understanding everything before one gets involved financially because when you are entering a financial market, you need to understand how things work around it and how to avoid or mitigate the risks involved with trades or whatever you do there. When it comes to the cryptocurrency market, it is extremely volatile and unpredictable, so when someone is starting their journey here, they should do enough research before they begin even if they are going to invest in Bitcoin.

Every investment certainly has risks in it and to be able to avoid risks, good knowledge is needed about the investment that we will run

Exactly, most newbie investors make the mistake of ignoring the fact that they need to have enough knowledge before they start, so they start buying cryptocurrencies right after hearing about the market because they think it's very easy to earn money from this market which isn't true.

I don't think investing in Bitcoin requires having enough knowledge, having a basic knowledge of the market dynamics is enough for anyone to start accumulating Bitcoin and figure out other things while already in the market, Bitcoin is a growing asset where new things are prone to be introduced in to the market hence anyone ever considering of getting enough knowledge before venturing in to Bitcoin might end up not investing because he or she may not be satisfied with the knowledge they have and Bitcoin is  not going to be waiting for anyone, so the logic should be invest with the money made available for investment and figure out other things on your way up which is far better than wanting to have enough knowledge first before starting up your investment, the DCA strategy of accumulating Bitcoin is a lead of gaining experience investment while already in the market.

[_BlackStar]

-snip-

There is no profit without risk, that is the law that applies in investment. When someone cannot bear the risk, then never make an investment, especially Bitcoin investment which is known to be very volatile. Someone who is already familiar with Bitcoin will try to increase the amount of their investment periodically because they believe that the price of Bitcoin will continue to increase in the future. Positive assumptions will always overcome fear, even though investors know there are risks in Bitcoin investments, but Bitcoin's past history makes their confidence grow in the great potential that Bitcoin will produce in the future. Investing in Bitcoin requires using money that is not used for other needs, in this way your investment will be safe because when you need money suddenly, you don't need to ruin your investment plan.

In general - I agree with you, but some things still need to be added.
Before anyone invests ^{[in anything]} they should make a proper plan. This plan includes how you invest your money without ruining your investment plan - meaning you should not invest all the money you have. In this case you need an emergency fund that can prevent you from ruining your investment plan - but I am sure many users ignore this one.

Of course, none of you need to be perfect from the start - but over time you have to learn and change your strategic approach to investing. I admit that I made mistakes in the beginning - it was because of my poor money management, but now everything seems to be fine.

[Popkon6]

bitcoin is risky if someone invests in short-term mode, because the price tends to be unstable and at any time someone can lose a few percent of the value of their investment. and to overcome this, someone needs to invest in a longer period of time, according to the explanation from @squirreljulietgarden that the longer the time bitcoin has less volatile price and that already explains how someone can get maximum profit when they choose to invest in a longer period of time than bitcoin.

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. Because if you use DCA strategy in Bitcoin when the price of Bitcoin is rising you will still get savings, and you will get huge savings with DCA strategy in Deep Coin when Bitcoin price is dumping in Bitcoin market. 

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.

[Minor Miner]

bitcoin is risky if someone invests in short-term mode, because the price tends to be unstable and at any time someone can lose a few percent of the value of their investment. and to overcome this, someone needs to invest in a longer period of time, according to the explanation from @squirreljulietgarden that the longer the time bitcoin has less volatile price and that already explains how someone can get maximum profit when they choose to invest in a longer period of time than bitcoin.

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. Because if you use DCA strategy in Bitcoin when the price of Bitcoin is rising you will still get savings, and you will get huge savings with DCA strategy in Deep Coin when Bitcoin price is dumping in Bitcoin market. 

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.

Investing in bitcoin long term or short term has risks, risks not only come from bitcoin volatility but also from many other factors. No investment is without risk, especially investments that can bring high returns will have higher risks, Bitcoin is no exception. DCA and long-term investment is a smart strategy, it gives us the opportunity to achieve high returns and minimize risks, but it cannot guarantee that we will never encounter risks.

What would happen to our investments if suddenly governments banned bitcoin en masse? That is also a possible risk. That's just one of many risks, so don't be subjective into thinking that long-term bitcoin investing is risk-free.

[Solokan]

Do not lie to people about what crypto is just so they would not think of it as something not worthwhile. Rather explain eagerly. .

Agreed. For those who do not know how to control their emotions, investing in Bitcoin is difficult. Bitcoin is volatile and risky. Many people invest in Bitcoin without having proper knowledge about it, educating themselves, and getting rich in a short time. As a result, they fall to the ground in a sudden shock and have a negative perception of Bitcoin. Needless to say, the safest investment in crypto right now is investing in Bitcoin, but we also have to be prepared to lose. Before investing in Bitcoin, we need to have a correct understanding of the Bitcoin risk, the market, and whether false positives can be discounted. And with that in mind, we risk as much as we can afford to lose.

yes, the point is not lying, of course it is a good thing to explain what bitcoin is and what crypto is and of course if for example you don't explain about the risks of btc and the uses of btc, of course it will make people think of it as an asset that is not risky and can make people rich overnight.

yes, indeed for some people who cannot control their emotions, of course it will be difficult when investing in btc because btc has a fluctuating nature which is certainly very dangerous for people who cannot control their emotions. but yes, if for example we explain it honestly, of course it will make people think that btc is an asset that contains risk and of course that person will consider investing in btc because of course they will be ready for the risk of loss and profit and also of course they will be ready for anything caused by btc.

it is true that what you said is that the safest investment in crypto is in bitcoin, but yes, we still have to be prepared for the risk before buying btc and of course long-term investment in btc is the best thing and most importantly, continue to increase insight.

[summonerrk]

I had a similar chat with a friend recently about Bitcoin. They were skeptical because of its reputation for being so unstable. I was tempted to defend it, but honestly, Bitcoin is pretty volatile, and that’s a fact. I just told him straight up that it's not all sunshine and rainbows, and you need to keep an eye on it if you’re involved.

It is very difficult to convince someone who does not want to develop and learn new information. Especially if it contradicts established views on life. My colleague also says that cryptocurrencies are a financial pyramid.
I said that this is not true and asked what are the features of blockchain? He did not know what to answer, because he did not even know such a simple thing as the principles of blockchain technology. I decided not to argue with him further - why do I need it?
Everyone has their own path.

[Justbillywitt]

Recently I had to explain to a friend what I was focusing in on financially speaking and I brought up crypto, specifically bitcoin. He was confused at first because he heard that it was unstable and risky. I knew that he already has a bad image of bitcoin so there was an urge to defend bitcoin but in the end I did not.

Because it was true. Crypto is volatile and even though Bitcoin has proved itself to continue to rise even after each dip, its price is still unstable. I realized that this does not necessarily have to be a bad thing especially if you are knowledgeable enough to minimize these risks. It was easy to get defensive but, in the end, I just explained to that friend that that is why it requires much attention and studying.

Do not lie to people about what crypto is just so they would not think of it as something not worthwhile. Rather explain eagerly. I did this so that my friend would not worry about my financial state and if he ends up becoming interested in bitcoin then I would be glad to continue teaching him.

It is wrong to compare bitcoin and crypto together. Bitcoin should be known for bitcoin and separated from whatever shit that are being done out there in the name of crypto currencies. A lot of scams has been done out there in the name of crypto currencies. Many projects has rugged pulled in the name of crypto currencies. But bitcoin hasn't done any of those things. So the earlier we start telling people that bitcoin is different from crypto currencies the better for everyone. And it will also make people start to understand that bitcoin is not as risky as they are seeing it. Yes bitcoin has some associated risk, but it hasn't gone back to the first price it was listed with in exchange, and that's the worst that can happen to bitcoin. In nutshell, bitcoin on it's own is not as risky as you are painting it. The worst that can happen is that bitcoin will go back to zero, that's why people are always encouraged to invest what they can afford to do without for a long time.