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Author Topic: The risk in bitcoin is worth taking.  (Read 808 times)
Joy- maker (OP)
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March 26, 2025, 05:59:48 PM
Last edit: March 27, 2025, 06:02:43 AM by Joy- maker
Merited by CryptopreneurBrainboss (1)
 #1

The reason why I said the risk in bitcoin is worth taking is because, back then bitcoin started as an experimental digital currency, but now it has gradually and continuously improve in growth and transformed over time into global class asset that have attracted millions of investors because of it decentralized and transparent nature.
If we can recore back over the decade bitcoin has outperformed traditional assets like gold, stocks and bonds, making bitcoin the best and number one asset both in crypto space and in the traditional assets.
But If bitcoin is the best and still maintaining the number one asset both in crypto space and in the traditional assets why is people still referring to bitcoin as a high risk investment, (or is it because of it volatile nature) or what……?  I know bitcoin is not risk free you can either profit or loose but when you understand how bitcoin works and it nature you will be at the safer side.
I and my friends just had an arguement, they said anything called cryptocurrency including bitcoin is very risky and the Risk is not worth taking.

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March 27, 2025, 04:59:52 AM
 #2

You must have to understand that bitcoin is also crypto and it is also volatile making it risky to invest because you can either gain or loss more money.
It is no longer a debate as to the position of bitcoin and it’s significance but that do not mean that, the risky and volatile nature should be over looked and that’s why people still refer to it as volatile
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March 27, 2025, 06:03:14 AM
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Bitcoin is definitely the best but you should be knowledgeable about its investment and consider it for the long term to get high profits. It is risky for traders who consider Bitcoin for short term. The purpose of warning you about Bitcoin as a high risk investment is so that you can engage yourself in more effective investment. It is not to be publicized and you do not regret that you have lost money through investment while almost everyone in the world is making high profits through Bitcoin investment and the number of holders is increasing. I think the risk of Bitcoin investment is very low because its limited supply is constantly increasing in demand and at the same time the possibility of price increase.

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March 27, 2025, 06:34:49 AM
 #4

Since Bitcoin is an uncertain and volatile market, there is a possibility of both profit and loss in Bitcoin. Even since Bitcoin is decentralized, no one has control over its movement and there is no guarantee of when and where it will go. Decentralization is as convenient for Bitcoin as it is for the Bitcoin market. No matter how profitable Bitcoin is in the long run, you have to be able to take risks. Because the Bitcoin market is risky, we have to believe that.
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March 27, 2025, 06:48:15 AM
 #5

Bitcoin is definitely the best but you should be knowledgeable about its investment and consider it for the long term to get high profits. It is risky for traders who consider Bitcoin for short term. The purpose of warning you about Bitcoin as a high risk investment is so that you can engage yourself in more effective investment. It is not to be publicized and you do not regret that you have lost money through investment while almost everyone in the world is making high profits through Bitcoin investment and the number of holders is increasing. I think the risk of Bitcoin investment is very low because its limited supply is constantly increasing in demand and at the same time the possibility of price increase.
Those set of people that see Bitcoin as a risky investment have shallow rooted knowledge about Bitcoin. No matter how Bitcoin investment is risky it can never be riskier than some sort of shitcoins. People usually generalized shitcoins to Bitcoin making it looks like Bitcoin is risky. Although Bitcoin may be risky to those short time investor or traders who looks for quick profit and lose frequently. For example a long term HODLer who bought Bitcoin from the early part of 2010 and Hodl till 2025 may never think of how risky Bitcoin is because it has undergo several rise and fall till this stage, he will be in good position of a sizeable portfolio. but a trader who have been trading may be discouraged after several loses.

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March 27, 2025, 06:52:22 AM
 #6

I and my friends just had an arguement, they said anything called cryptocurrency including bitcoin is very risky and the Risk is not worth taking.
Saying that investing in Bitcoin is risky is not completely false, but concluding that it is not worth the risk because Bitcoin is a volatile asset is totally wrong and shows that the initiator of such a statement lacks basic knowledge of Bitcoin investment. If investing in Bitcoin is not worth it, how about saving in fiat in the bank? It is a process that is almost far more fruitless than keeping your money all by yourself.

The majority of the persons when de consider bitcoin investment as a very risky initiative na people when de consider investing over a short period of time and them likely get this kind ''get rich quick mentality'' when be say once them no get their returns ASAP, them don already rush to sell at loss and because of that loss tag the investment as a bad venture. majority of our nija folks them no de even invest in the first place, most of them na traders and because of how risky trading be, them de use am make a general statement as though na that one be the legit bitcoin investment.

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March 27, 2025, 08:03:23 AM
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I and my friends just had an arguement, they said anything called cryptocurrency including bitcoin is very risky and the Risk is not worth taking.

Bitcoin is cryptocurrency but different from others because of it characteristics. It is decentralized, deflationary and can not be controlled by private individual or increase/reduced in supply. So everyone knows how many supply it has unlike centralized cryptos that are controlled as family business. It has a circle that any knowledgeable investor knows. Therefore, the risk in bitcoin is absolute when you are a Bitcoin trader, there you can lose every bitcoin you have as a trader because you are likely to lose in trading. On the other hand, the risk in Bitcoin is reduced when you are just DCA in it. In other words, if you are just accumulating it in your wallet, you only need patient to wait for a circle of halving bull for you to recover into your bought level to probably gain into profit.

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March 27, 2025, 09:33:56 AM
 #8

Bitcoin investment is very cool and legit, but it's very essential to understand that Bitcoin investment is not a get rich quick scheme it required time and patience for you to be able to make a good profits from it. However, that is why they always said before anyone should venture into Bitcoin investment is good to have the besic knowledge first before thinking of investing. Because when you have the require knowledge it will going to enable you hold for a long period of time, so don't bleme your friend because he don't know what Bitcoin is all about, had it been he knows he would have not argue with you.

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March 27, 2025, 09:51:38 AM
 #9

Life itself is all about risk, we shouldn't be afraid of taking a risk especially when it comes to investment, if you can't take a risk, then expect no reward, More especially when it involves moderate risk taking and in investment asset such as Bitcoin that has years of track record of success.
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March 27, 2025, 10:20:50 AM
 #10

But If bitcoin is the best and still maintaining the number one asset both in crypto space and in the traditional assets why is people still referring to bitcoin as a high risk investment, (or is it because of it volatile nature) or what……?  I know bitcoin is not risk free you can either profit or loose but when you understand how bitcoin works and it nature you will be at the safer side.
I and my friends just had an arguement, they said anything called cryptocurrency including bitcoin is very risky and the Risk is not worth taking.
It becomes risky when people go into it the wrong way, I mean if you don't understand bitcoin and the market then it is very risky to invest bitcoin.  It is risky when one is not aware about the necessity of being patience to make bitcoin a longterm investment.  It is risky when people choose to invest without having a source of income or when people choose to invest  with all the money they have expecting to make quick profit , this is a big risk that if one is not lucky can sell and lose not having the patience to invest.

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March 27, 2025, 11:29:22 AM
 #11

The reason why I said the risk in bitcoin is worth taking is because, back then bitcoin started as an experimental digital currency, but now it has gradually and continuously improve in growth and transformed over time into global class asset that have attracted millions of investors because of it decentralized and transparent nature.
If we can recore back over the decade bitcoin has outperformed traditional assets like gold, stocks and bonds, making bitcoin the best and number one asset both in crypto space and in the traditional assets.
But If bitcoin is the best and still maintaining the number one asset both in crypto space and in the traditional assets why is people still referring to bitcoin as a high risk investment, (or is it because of it volatile nature) or what……?  I know bitcoin is not risk free you can either profit or loose but when you understand how bitcoin works and it nature you will be at the safer side.
I and my friends just had an arguement, they said anything called cryptocurrency including bitcoin is very risky and the Risk is not worth taking.

Your friend dey correct when en talk say everything about cryptocurrency dey very risky en no dey far from the truth even the Bitcoin wey we dey invest get small small risk wey dey involve and one of the risk wey dey involve be say if you forget your seed phrase or you misplace am and money dey your wallet or exchange my dear your money don go because e get some wey you no go fit recover oo and another one na scammers if you no protect your wallet or exchange well scammers fit penetrate collect everything wey dey inside your wallet or exchange but trading own na the worst that one be say your profit no even dey certain because you fit trade 10 times and na only one you go get profit if at all you go even get. Na because of all these things they come say invest or trade with waiting you go fit afford to let go.

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March 27, 2025, 11:48:47 AM
 #12

Saying the risk is not worth taking means they don't know much about assets as a whole. There's risk in real estate, there's risk in gold, there's risk in stocks. The price of a stock can go from $1000 to $200 within 72 hours, depending on the situation. Same way bitcoin can go from $87k to $30k within 72 hours. I'm not one of those who believe that bitcoin is too big to fail; there's no such thing. So saying it's not worth the risk is simply false because the stock, which is worth the risk, has a higher chance of crashing than bitcoin.
Bitcoin is risky, so is every other financial investment out there.
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March 27, 2025, 11:49:41 AM
 #13

There is no room to say that Bitcoin investment is risk-free. If you gain knowledge about Bitcoin, you will definitely be forced to say that Bitcoin investment has very low risk compared to other digital currencies or other assets, but there is risk. Investing requires the ability to take risks and always be ready to face losses. Your risk varies depending on the type of investment. Although the risk in long-term investment in Bitcoin is very low, due to the possibility of a small loss, you need to enter the investment with the ability to take risks. You should even invest with money that you can afford to lose so that if you technically or accidentally lose your investment portfolio, your life does not come under your feet. There is no room for changing or denying this sentence "Investing means risk".

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March 27, 2025, 12:12:45 PM
 #14

The reason why I said the risk in bitcoin is worth taking is because, back then bitcoin started as an experimental digital currency, but now it has gradually and continuously improve in growth and transformed over time into global class asset that have attracted millions of investors because of it decentralized and transparent nature.
If we can recore back over the decade bitcoin has outperformed traditional assets like gold, stocks and bonds, making bitcoin the best and number one asset both in crypto space and in the traditional assets.
But If bitcoin is the best and still maintaining the number one asset both in crypto space and in the traditional assets why is people still referring to bitcoin as a high risk investment, (or is it because of it volatile nature) or what……?  I know bitcoin is not risk free you can either profit or loose but when you understand how bitcoin works and it nature you will be at the safer side.
I and my friends just had an arguement, they said anything called cryptocurrency including bitcoin is very risky and the Risk is not worth taking.

Your friend dey correct when en talk say everything about cryptocurrency dey very risky en no dey far from the truth even the Bitcoin wey we dey invest get small small risk wey dey involve and one of the risk wey dey involve be say if you forget your seed phrase or you misplace am and money dey your wallet or exchange my dear your money don go because e get some wey you no go fit recover oo and another one na scammers if you no protect your wallet or exchange well scammers fit penetrate collect everything wey dey inside your wallet or exchange but trading own na the worst that one be say your profit no even dey certain because you fit trade 10 times and na only one you go get profit if at all you go even get. Na because of all these things they come say invest or trade with waiting you go fit afford to let go.
@derekfunds wetting you talk no too dey clear for me, because you say wetting my friend talk dey correct and his not far from the truth, well as we all know cryptocurrency is risky when you are dealing with shitcoins and trading in the crypto space, but including bitcoin to be Very risky is what I can't concur to because bitcoin is less risky and more profitable when you buy and hold for a long period of time.
So I see no reason why someone we say the Risk in bitcoin is not worth taking and your agree to that statement. Bitcoin wey be store with potential returns, if bitcoin is very risky how manage ehhh take attracted millions of investors wey invest on an? Abeg try dey calm down talk.

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March 29, 2025, 05:45:30 PM
Merited by CryptopreneurBrainboss (2), MorganaX (2), fillippone (1), igebotz (1), Outhue (1)
 #15

The reason why I said the risk in bitcoin is worth taking is because, back then bitcoin started as an experimental digital currency, but now it has gradually and continuously improve in growth and transformed over time into global class asset that have attracted millions of investors because of it decentralized and transparent nature.
If we can recore back over the decade bitcoin has outperformed traditional assets like gold, stocks and bonds, making bitcoin the best and number one asset both in crypto space and in the traditional assets.
But If bitcoin is the best and still maintaining the number one asset both in crypto space and in the traditional assets why is people still referring to bitcoin as a high risk investment, (or is it because of it volatile nature) or what……?  I know bitcoin is not risk free you can either profit or loose but when you understand how bitcoin works and it nature you will be at the safer side.
I and my friends just had an arguement, they said anything called cryptocurrency including bitcoin is very risky and the Risk is not worth taking.
Yes bitcoin is a great asset that has surpassed other trading commodities, but you also have to understand that every thing that has a good side also has a bad side, there are times where bitcoin is almost about a hundred percent favorable there are also times where you just have to stay away from the market. No matter how good the coin is you also have to regulate and be conscious of your risk, and you should not be willing to risk all you have for it, its also 50/50 no matter how it has been hyped over time, whether you agree or not just the way other commodities and stalks has made people be filled with regrets so has bitcoin also the only difference there is that overtime bitcoin has shown its consistency in productivity which makes it trust worthy, and overshadowed other coins.

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March 29, 2025, 06:09:25 PM
 #16

The reason why I said the risk in bitcoin is worth taking is because, back then bitcoin started as an experimental digital currency, but now it has gradually and continuously improve in growth and transformed over time into global class asset that have attracted millions of investors because of it decentralized and transparent nature.
If we can recore back over the decade bitcoin has outperformed traditional assets like gold, stocks and bonds, making bitcoin the best and number one asset both in crypto space and in the traditional assets.
But If bitcoin is the best and still maintaining the number one asset both in crypto space and in the traditional assets why is people still referring to bitcoin as a high risk investment, (or is it because of it volatile nature) or what……?  I know bitcoin is not risk free you can either profit or loose but when you understand how bitcoin works and it nature you will be at the safer side.
I and my friends just had an arguement, they said anything called cryptocurrency including bitcoin is very risky and the Risk is not worth taking.

Bitcoin is risky for those who do not invest in Bitcoin. Bitcoin's decentralized behavior has always attracted investors.

In my opinion, Bitcoin is high risk for those who come to get rich in a short time. We all know that Bitcoin is not a get-rich-quick scheme by investing in the short term. If you do not understand the nature of Bitcoin and become greedy to make profits by seeing its high volatility market, you will lose money again and again. Because no one can tell when the Bitcoin market will rise and when it will fall.

I want you to show this by investing in the long term without unnecessary arguments with your friends.
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March 29, 2025, 06:45:53 PM
 #17

The reason why I said the risk in bitcoin is worth taking is because, back then bitcoin started as an experimental digital currency, but now it has gradually and continuously improve in growth and transformed over time into global class asset that have attracted millions of investors because of it decentralized and transparent nature.
If we can recore back over the decade bitcoin has outperformed traditional assets like gold, stocks and bonds, making bitcoin the best and number one asset both in crypto space and in the traditional assets.
But If bitcoin is the best and still maintaining the number one asset both in crypto space and in the traditional assets why is people still referring to bitcoin as a high risk investment, (or is it because of it volatile nature) or what……?  I know bitcoin is not risk free you can either profit or loose but when you understand how bitcoin works and it nature you will be at the safer side.


Bitcoin is a volatile digital currency. But in terms of long-term investment, Bitcoin has repeatedly brought success from the beginning to now. It is very risky in terms of short-term investment or trading. Bitcoin is definitely 100 times better than gold.

Quote
I and my friends just had an arguement, they said anything called cryptocurrency including bitcoin is very risky and the Risk is not worth taking.

Your friend may not be aware of the Bitcoin market. And he does not have complete knowledge about the Bitcoin market demand. The Bitcoin market is very volatile but in terms of long-term investment, small fluctuations in the market do not have much impact. Bitcoin has been proving its worth every time so far. We are optimistic that the market demand for Bitcoin is increasing day by day, and the price of Bitcoin will increase further in the future.

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March 29, 2025, 08:19:11 PM
 #18

I and my friends just had an arguement, they said anything called cryptocurrency including bitcoin is very risky and the Risk is not worth taking.
Staying alive itself is a risk, almost everything you do has some forms of risk but the question like you rightly asked has always been if it's worth taking, when it has to do it investing, a whole lot comes to mind and then we are left in a pool of decisions to take and so it becomes very important which we should take up to get it right.

Investing in crypto as one of the fastest evolving investments space is one in which we can not really go wrong with. Bitcoin na one crypto assets wey be say get em own risk but still be d best to put your money inside for the crypto space, because e go surely give u something if u get patience to wait small for am, but plenty pipo dey want am fast fast ne why e dey come b like say e dey risky as something wey if you put body u go come dey fear weda e risky or not.

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adultcrypto
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March 29, 2025, 09:22:21 PM
 #19

You must have to understand that bitcoin is also crypto and it is also volatile making it risky to invest because you can either gain or loss more money.
It is no longer a debate as to the position of bitcoin and it’s significance but that do not mean that, the risky and volatile nature should be over looked and that’s why people still refer to it as volatile
It seems a lot of you are wrong about bitcoin and its properties of which volatility is one. Every speculative market driven by the law of demand and supply is bound to be volatile and bitcoin is no exception. Investors in bitcoin have no business with volatility of bitcoin because they are holding for a very long time. The only people that worry so much about the volatility of bitcoin are traders who are looking for fast profit. The volatility of bitcoin makes the trade hit the stop loss so fast and how much profits it can go if you are on the right side of the market.

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Cryptomultiplier
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March 29, 2025, 09:33:51 PM
 #20

Well, there is obviously risk in investing in Bitcoin, but that doesn't stop anyone who has a vision and has opted for a long term investment plan with Bitcoin, not to make their profit and be rich in the end.

Yes, there's volatilities and yes, there's no saying that the system may not fail tomorrow, but if things were to have gone bad, they would have already, seeing that Bitcoin has successfully crossed the threshold of halving and has gotten to an ATH as speculated in total should be enough reason to invest in it.
 Besides, there are other cryptocurrencies besides Bitcoin that still perform better and they promise profit and have not yet failed in fulfillment of their vision and mission statements respectively.
Therefore, the risk of investing in Bitcoin by any available and convenient strategy, is absolutely worth the risk.

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