Mpamaegbu
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Once a man, twice a child!
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March 29, 2025, 11:03:46 PM |
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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.
Any persin wey wan make money but nor wan take risk nor supposed near business at all. Even for Ponzi schemes, na still risk persin dey take if you like be d first persin to register. But na who take risk for business dey succeed. I nor talk about investment in Ponzi oh bc dat wan nor be business at all. Dat wan na rob Idowu to pay Mike. Yes, the risk with Bitcoin is less compared to other cryptos but dat wan go depend on wen persin take invest oh. Some Bitcoin investors dey stay over three years before profit enta. Dem sey d downfall of a man isn't d end of his life but make we realize sey e go depend where d man fall put oh. Na so Bitcoin investment and odas also be.
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Qhunman
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March 30, 2025, 12:38:38 AM Last edit: July 21, 2025, 05:34:30 PM by Qhunman |
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Investing in Bitcoin is risky but it's worth the risk. If I am going to choose a digital assets in the crypto world worth investing my fund I will go for Bitcoin. Bitcoin cannot be any riskier if you're investing right and that's is to say, investing in the long term which is the most appropriate and widely accepted method so. Although it's doesn't guarantee the safety of one's funds but it reduces the risks involved.
Investing in Bitcoin with our discretional income also reduces our level of risks exposure too. Our discretional income is our left over funds which also reduces the level of risks involved because If anything should goes wrong, we wouldn't be having too much difficulties to move on because we invested with our Do away funds with is ideal on the right sense of investing in a violatile asset like Bitcoin.
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Makus
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March 31, 2025, 09:17:27 PM |
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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 today na one of the world most valuable digital asset because e don dey tay no be today, you can imagine how people been dey spend lots of bitcoin just to purchase very small product with low price, just like the case of pizza wey we sef dey celebrate for forum here. Now only 1 btc fit buy thousands of pizza just imagine the change in price, no be small increase e doj increase and for all these things to happen na because people don trust bitcoin well well na why whales fit just dey make dem put millions of dollars for bitcoin and trust me dem dey get am clear to a max level, however anybody sef fit still enter make dem for still profit from the market, and the risk of bitcoin compared to all these shitcoins wey dey very massive in loses and wey fit crash.
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Cossyblack
Sr. Member
  
Online
Activity: 504
Merit: 397
Time Traveler
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April 01, 2025, 09:38:39 AM |
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There is nothing in this life that doesn't involve risk,the drugs we take to keep fit is a risk,the aeroplane that we used in traveling is a risk,the road we cross daily is a risk and even the people we trust is a risk. The risks takers are the most successful people in the world today. Investing in such a speculative assets Like bitcoin carries risk and requires high risk tolerance, it's Decentralized in nature, highly volatile and the price can fluctuate significantly within a short period of time based on the unpredictable trend of the markets. we shouldn't just be looking at the risks but we should also be looking at the benefits of bitcoin in the long run,it's still holds great potentials and value,I think with the right approach with a long term strategy plans, navigate the markets effectively while having the patient to Hodl,I think we can make significant profit s from it in the long run.
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Gentle_Soul
Member

Online
Activity: 185
Merit: 28
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April 01, 2025, 05:02:59 PM |
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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.
Initially when Bitcoin started it was more to people like an unrealistic project as such it scared people away from investing. Despite the fact that Bitcoin price can rise and Fall at any time which can result to either significant gain or loss it's still worth the risk first of all before investing in Bitcoin have basic knowledge know that Bitcoin investment is a calculated risk
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odunybiz
Full Member
 
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Activity: 882
Merit: 134
★Bitvest.io★ Play Plinko or Invest!
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April 06, 2025, 06:11:58 AM |
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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
Although Bitcoin may be volatile and this make it risky but it always a great value to hold when compare to others. Anyone who bought Bitcoin at its highest alt in the last bull run is still at profit till now. Even though it fall deep during the bear season but for great hodlers, they still make profit in the later run. If you are someone that hodl coin. BTC is a great option for you.
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AmaGold70
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April 06, 2025, 10:31:17 AM |
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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 may be volatile in nature but investing in it is indeed worth the risk as long as you know what you are doing, with the right knowledge and caution Bitcoin's volatility can be handled and it's potential returns of investing in it outweighs the risks, you understand Bitcoin more than your friends and that is why you didn't write it off as being too risky. Bitcoin's volatility nature is one of the reasons why people see it as a high risk investment and I wouldn't blame them too much because they are right and just like every other investment there are winnings and losses but with the right strategy investment in Bitcoin guarantees high profits.
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Y3shot
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April 06, 2025, 10:59:22 AM |
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Investing in bitcoin carries both the benefits and the risk. Bitcoin has shown significant price growth over the years ,which has the potential for a substantial return on investment It also depends on your individual financial situation and investment objectives . It is essential to approach bitcoin investment with a long term perspective and a clear understanding of your risk tolerance.diversify your investment and only allocate funds that can afford to lose given the high volatility.
Furthermore, consider consulting a financial advisor or trader that can help navigate this risk or a thorough research before making any investment decisions.
The benefits in investing bitcoin are more , store of value, one can make it an investment which profit can be made from it, if only one is ready to go for longterm investment. The only risk in bitcoin is when people don't really understand it and try to invest to make moey quick from it and to invest with the wrong money which is not meant to be used for volatile investment like bitcoin that requires long-term, then this can be very risky to go into.
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asarfiar
Member

Offline
Activity: 373
Merit: 88
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April 07, 2025, 08:17:46 AM |
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Investing in bitcoin carries both the benefits and the risk. Bitcoin has shown significant price growth over the years ,which has the potential for a substantial return on investment It also depends on your individual financial situation and investment objectives . It is essential to approach bitcoin investment with a long term perspective and a clear understanding of your risk tolerance.diversify your investment and only allocate funds that can afford to lose given the high volatility.
Furthermore, consider consulting a financial advisor or trader that can help navigate this risk or a thorough research before making any investment decisions.
The benefits in investing bitcoin are more , store of value, one can make it an investment which profit can be made from it, if only one is ready to go for longterm investment. The only risk in bitcoin is when people don't really understand it and try to invest to make moey quick from it and to invest with the wrong money which is not meant to be used for volatile investment like bitcoin that requires long-term, then this can be very risky to go into. It is easy to earn income from Bitcoin investment if you can wait for a long time. Long-term investors can come up with something that they can profit from, as we have seen that Bitcoin has been able to achieve high returns in long-term investment, so long-term investors can definitely make a good a while. This digital currency is not regulated by any law or government, so you can adopt it as you wish, which can later play a special role as a safe haven for you to deal with the global economic crisis. For some people, Bitcoin acts as a center of investment convenience. Its main advantage is volatility, which creates high profit potential for long-term investors. It is important to have a long-term mindset when investing in Bitcoin, as it will then help you create a safe haven from market fluctuations. This investment method will definitely be risky for those who invest for high profits in the short term.
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Derekfunds
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April 08, 2025, 01:58:40 PM |
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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 may be volatile in nature but investing in it is indeed worth the risk as long as you know what you are doing, with the right knowledge and caution Bitcoin's volatility can be handled and it's potential returns of investing in it outweighs the risks, you understand Bitcoin more than your friends and that is why you didn't write it off as being too risky. Bitcoin's volatility nature is one of the reasons why people see it as a high risk investment and I wouldn't blame them too much because they are right and just like every other investment there are winnings and losses but with the right strategy investment in Bitcoin guarantees high profits. Bitcoin volatility should not be a problem for a long term investor because they already know say they profit go come later after everything, so Investors with long term mindset no suppose worry about Bitcoin volatility rather people wey suppose worry na people wey dey trade Bitcoin because there own na to make asap profit which sometimes they choke them and again na that same volatility they make them get profit sometimes because if Bitcoin they fixed how they wan take make the profit.
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Mate2237
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April 08, 2025, 02:33:25 PM |
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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 may be volatile in nature but investing in it is indeed worth the risk as long as you know what you are doing, with the right knowledge and caution Bitcoin's volatility can be handled and it's potential returns of investing in it outweighs the risks, you understand Bitcoin more than your friends and that is why you didn't write it off as being too risky. Bitcoin's volatility nature is one of the reasons why people see it as a high risk investment and I wouldn't blame them too much because they are right and just like every other investment there are winnings and losses but with the right strategy investment in Bitcoin guarantees high profits. Bitcoin volatility should not be a problem for a long term investor because they already know say they profit go come later after everything, so Investors with long term mindset no suppose worry about Bitcoin volatility rather people wey suppose worry na people wey dey trade Bitcoin because there own na to make asap profit which sometimes they choke them and again na that same volatility they make them get profit sometimes because if Bitcoin they fixed how they wan take make the profit. For experienced investors to Bitcoin they should be aware that the volatility that we are talking about even helps to stabilize the price of Bitcoin in the long run so volatility should not be an excuse to anyone who has the mind of investing in Bitcoin, one thing that we as a people needs to know is that life is a risk so everything in life is risk so when it comes to bitcoin related investment people should look beyond the risk involved. In any business venture that we as a people has in our minds we should know that such business has thesame failure rate as it success rate too so people should be foresighted enough to see the opportunities that bitcoin will offer when you invest into it than the risk
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Zanab247
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April 08, 2025, 02:49:24 PM |
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There is nothing in this life that doesn't involve risk,the drugs we take to keep fit is a risk,the aeroplane that we used in traveling is a risk,the road we cross daily is a risk and even the people we trust is a risk. The risks takers are the most successful people in the world today. Investing in such a speculative assets Like bitcoin carries risk and requires high risk tolerance, it's Decentralized in nature, highly volatile and the price can fluctuate significantly within a short period of time based on the unpredictable trend of the markets. we shouldn't just be looking at the risks but we should also be looking at the benefits of bitcoin in the long run,it's still holds great potentials and value,I think with the right approach with a long term strategy plans, navigate the markets effectively while having the patient to Hodl,I think we can make significant profit s from it in the long run.
That is what some people don't no about risk, if u want to choose any risk in life, let it be the risk of knowing BTC because it will help u to grow financially wen u no how to store your money in BTC. There are some risk u will not take with some memecoins because u no what will happen wen the memecoin disappear from the market, which is not good to take anyhow risk in this industry. It take those that have other sources of income to be patient in the bear run not to sell, because dey have other things that will be sustaining dem till the price of their choice hit market before dey can sell to achieve success.
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Kelward
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April 08, 2025, 04:33:54 PM |
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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.
Person suppose to get real knowledge and understanding say Bitcoin de different from other cryptocurrencies, aldo e de volatile but im don build trust for crypto market. Na for di early days of im creation na im plenty people get fear weda na Ponzi scheme wey go fade away. Today Bitcoin don build a solid reputation as a store of value and dat na why di adoption de increase geometrically, no other crypto see di back of Bitcoin for adoption. People wey still de see Bitcoin as a risky asset today de lack proper knowledge about am, because from facts of previous circles e de always reach ATH for every bull run including this present one. Dis dump wey de happen presently na opportunity for wise investors to de accumulate dem bags because sooner or later another ATH go happen.
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SmartCharpa
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Your friends are not the only ones who have bad feelings about Bitcoin, but my question to you is if it is good to argue with others that the risk involved in Bitcoin is not similar to other investments since it seems that you are convincing them to believe in Bitcoin. It is not needed, in my opinion, to argue with people who do not accept what you said and choose to go their own way. If they believed in you and invested in Bitcoin, how would you explain to them at this point that the price of Bitcoin is falling?
Furthermore, the risk that involve in Bitcoin is worth taking, and we should not sell property that we do not own only to invest in Bitcoin. As you bring up this topic, some newbies may be eager to invest in Bitcoin since the risk worth it, but we must avoid making the mistake of selling something like family land because not everyone understands the value of the risk you made.
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Berry2d
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April 09, 2025, 11:49:18 PM |
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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.
Don't blame your friends that ague with you, they are just probably not knowledgeable about Bitcoin and how it works. We were once in that shoes before. The problem about people is that they are too quick to judge things they don't know. about. They would probably say the opposite when they get to know more about Bitcoin.
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CryptopreneurBrainboss
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April 10, 2025, 02:32:19 PM |
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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. I get your point but there's nowhere that satoshi said Bitcoin was an experimental currency. I'm pretty sure he was always certain that Bitcoin was going to work. Man did all he did and went into hiding for a reason even before Bitcoin became a success. If he thought Bitcoin wasn't going to succeed, he won't had gone into hiding but he did that to remove himself from the picture and for Bitcoin to grow independently of no founder but only the community. Bitcoin is an innovation that shouldn't be neglected, there's so much at sake of lyou osing when you don't invest in Bitcoin than what's at risk of losing when you invest so I'll always advocate for investing instead of acting ignorant.
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rachael9385
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April 10, 2025, 04:54:36 PM |
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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
The volatility of Bitcoin isn't really as high as other crypto currencies (altcoins) this makes them more stable compared to others. But you are right, investing in Bitcoin also puts you at risk of losing but the rate of the dip isn't going to exhaust your portfolio the way altcoins does. To me this is one of the reason why Bitcoin is more invested in than any other crypto currencies in the market. At the end of the day everything we invest in the financial market is risky.
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Jegileman
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April 10, 2025, 05:43:52 PM |
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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, your friends are not lying that cryptocurrency is risky but it is a risk that is worth taking because the risk can be controlled to your advantage to benefit from it. The cryptocurrency market has overtime developed from what it used to be in the early days and all is due to the mass adoption of it and how people have embraced bitcoin. Other cryptocurrencies have had bad times that will make you not to put your money into any cryptocurrency asset but when you trace the track records of them, then you’ll see how outstanding bitcoin has been and how people who had embraced it have benefited from despite the risk in it and the volatile nature of the market. When you have a good knowledge about an investment, knowing the advantages and disadvantages of it, you can immediately fathom how to benefit from it and not to fall into big losses that will affect your overall portfolio. Bitcoin is worth knowing to be a dependent crypto asset to invest in because of the potentials it has over all other assets of bitcoin for a profitable investment overtime.
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Mr Reporter
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April 10, 2025, 08:41:50 PM |
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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. I get your point but there's nowhere that satoshi said Bitcoin was an experimental currency. I'm pretty sure he was always certain that Bitcoin was going to work. Man did all he did and went into hiding for a reason even before Bitcoin became a success. If he thought Bitcoin wasn't going to succeed, he won't had gone into hiding but he did that to remove himself from the picture and for Bitcoin to grow independently of no founder but only the community. Bitcoin is an innovation that shouldn't be neglected, there's so much at sake of lyou osing when you don't invest in Bitcoin than what's at risk of losing when you invest so I'll always advocate for investing instead of acting ignorant. in addition satoshi had to play hide and seek in the investment of bitcoin he already knew that bitcoin was going change some people financial life for good, so let us all take note satoshi choice has been made up that he would show his face.
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Ever-young
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April 10, 2025, 10:01:24 PM |
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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
Yes, but it’s risk taking, especially when you know much about it, even if you lose at times but at least your winning will be more. No matter what how fluctuating the market is but knowing the right time to invest is very necessary but doesn’t mean, one has to put a huge amount of money into it, as of when the market is bad. But in all, always trend with caution and plan very well before taking the risk.
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