The risk in bitcoin is worth taking.

[Ever-young]

You have just said it right and clear, you know these is actually what I was expecting op to say Because he can't possibly say that the risk in Bitcoin is worth taking when there are people out there who doesn't understand how Bitcoin works. I'm not disputing on the fact that Bitcoin risk is Worth taking rather for those that have basic knowledge about Bitcoin investment because you can't just risk your money in something you don't know, it is only Worth taking for the both of us Because you and I know how Bitcoin investment works and the risk involved and also how to handle them.

Normally before person go enter any investment, e go first understand how the investment be. I think the OP’s statement are mainly for those who are new in Bitcoin investment and are more concerned about the risks associated with Bitcoin, or even thinking of it’s worth it, because anyone who already knows and understands Bitcoin would have already known that the risks associated with Bitcoin is worth it.

[MagnificentX]

If there is any risky decisions anyone has made in that needs to be seriously studied, then I'll root for this one


Someone taking loan worth over $300k to invest in Bitcoin is really disturbing because till now so many people here on the forum are still asking what gave him the audacity to make that move. Taking a huge amount of loan for something as volatile as Bitcoin definitely got something more than just hope or faith. See full thread here https://bitcointalk.org/index.php?topic=5572776.0;topicseen

Maybe he knew what he was doing are we are yet to know the truth.

[Mayor of ogba]

Yes, the risk in bitcoin investment is worth taking because if you are lucky enough, you can gain financial freedom through bitcoin investment. Even though the risk in bitcoin investment is worth taking, don't be carried away by it and use the money you can't afford to lose to invest in bitcoin because you won't succeed in bitcoin investment, and you will hate yourself for even investing in bitcoin. For you to hold your bitcoin for the long term and have a chance of succeeding in bitcoin investment, use discretionary income to invest in bitcoin.

[Stormisover]

That is true, the risk in Bitcoin is worth taking when you understand what you are holding and why you are holding it. Bitcoin rewards patience more. So People who panic or chase quick profits do feel the risk more than the reward, but those who are ready to hodl and think long term do come out better.

Profit in Bitcoin is not about luck, it is about doing the right things consistently, buying with money you can afford to lock up, managing emotions, and giving time a chance to work. Bitcoin strength is kind of in its scarcity.

You have just said it right and clear, you know these is actually what I was expecting op to say Because he can't possibly say that the risk in Bitcoin is worth taking when there are people out there who doesn't understand how Bitcoin works. I'm not disputing on the fact that Bitcoin risk is Worth taking rather for those that have basic knowledge about Bitcoin investment because you can't just risk your money in something you don't know, it is only Worth taking for the both of us Because you and I know how Bitcoin investment works and the risk involved and also how to handle them.

Person wey no go no go know na the simple fact be that just as you said the risk is only worth taken if you have been there like taken a step without that there no way you will know if the risk is worth taken or not, you get yourself the necessary basic knowledge and start small first to know and understand from experience, people who think Bitcoin is highly risky are those who has refused to learn or they belong to the set of people who doesn't try new things but only narrow their mind around what they have known before, Bitcoin is a coin anyone should say ok let's do it and see what it will become of in the future with the money a left over cash.

[Yablee0]

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 a  very legit and confirmed crypto investment over the years and any dude thinking or already investing in it isn't making any financial mistake rather heading a pathway to was financial freedom. Bitcoin investment is not any of this get rich schemes all over the internet space that you will just invest a certain amount and be expecting to get it triple in few days time, Bitcoin don't work like that perhaps their is definitely no magic around it because everything is very clear and simply.

Furthermore, this is the maths around it, get a tangible source of living despite how small but let it be constant at least either daily, weekly or even monthly. Be able to map out your discretionary funds (remaining money after all expenses has been settled) around it then you are good to go, secondly along the line endeavor to create out a backup funds or emergency funds to tackle unforeseen or unexpected real life challenges so you wouldn't start deeping hand's in your investment to get problems settled. No investor in Bitcoin that did what is expected in his investment over the years that didn't get a positive outcome , if you think am not getting it right then prove me wrong.

[cxtreenal]

Yes, the risk in bitcoin investment is worth taking because if you are lucky enough, you can gain financial freedom through bitcoin investment. Even though the risk in bitcoin investment is worth taking, don't be carried away by it and use the money you can't afford to lose to invest in bitcoin because you won't succeed in bitcoin investment, and you will hate yourself for even investing in bitcoin. For you to hold your bitcoin for the long term and have a chance of succeeding in bitcoin investment, use discretionary income to invest in bitcoin.

I believe that Bitcoin investing is worth taking risks. When you are ready to accumulate Bitcoin and buy regularly, it is a risk. One reason for this is that no one can accurately predict where Bitcoin will go in the future. Experienced investors always advise accumulation Bitcoin through discretionary income. Being consistent in Bitcoin means that you are accumulating a digital asset and in the long term, you will be able to achieve financial freedom and have the potential to get high returns. Although the investment may seem risky at the moment it will be a great asset for you in the future.

[Agbe]

We have seen the evolution of bitcoin and how massively it has expanded beyond where it was at the beginning, even those that didn't invest were able to see that it was indeed a risk that is worth taking. Even when the price keeps reducing it doesn't change the fact that this coin has a lot of potential in the future to be the biggest currency. Every investment comes with risks but this is worth taking.

[Versatile_choice]

When you are ready to accumulate Bitcoin and buy regularly, it is a risk. One reason for this is that no one can accurately predict where Bitcoin will go in the future. Experienced investors always advise accumulation Bitcoin through discretionary income. Being consistent in Bitcoin means that you are accumulating a digital asset and in the long term, you will be able to achieve financial freedom and have the potential to get high returns. Although the investment may seem risky at the moment it will be a great asset for you in the future.

The truth is that any Investment that is not guaranteed is full of risk and of which bitcoin is in that category, even though alot of people are saying buy and HODL for Long term investment that you would be in profit, those things they are saying is just side talk because they don't know what the future holds, but as for those that might be interested to invest it is advised to focus on the Long term even though we are not sure about what the future hold but we believe that bitcoin still have the potential to do more in the future as this is the only thing that keeps me motivated.

[Olatundespo]

We have seen the evolution of bitcoin and how massively it has expanded beyond where it was at the beginning, even those that didn't invest were able to see that it was indeed a risk that is worth taking. Even when the price keeps reducing it doesn't change the fact that this coin has a lot of potential in the future to be the biggest currency. Every investment comes with risks but this is worth taking.

From the Bitcoin price statistics of the past 5 years, I can make a reasonable prediction about the future price, but it is not perfect. After Bitcoin touched its ATH in 2021, the price fell again the following year and continued to fall throughout 2022, and started to rise from the last quarter of 2023 and was in an increasing phase and did not drop significantly. After hitting its ATH in October last year, it started to decline again and is in a good position, although not significantly lower than the price fluctuations of previous years.

For investors this is not a risk yet but an important place to accumulate continuously. The longer the price at this level continues, the more Bitcoin accumulation should be increased.


https://www.bullionbypost.co.uk/bitcoin-price/5year/ounces/USD/#show-chart

[fredericktaylor]

We have seen the evolution of bitcoin and how massively it has expanded beyond where it was at the beginning, even those that didn't invest were able to see that it was indeed a risk that is worth taking. Even when the price keeps reducing it doesn't change the fact that this coin has a lot of potential in the future to be the biggest currency. Every investment comes with risks but this is worth taking.

It is true that every investment has risks, there is no investment where the risk is completely free. I think it is reasonable to take risks in investing in Bitcoin, because Bitcoin is a digital decentralized asset, the supply is limited, no specific country or government can control it, there is complete individual freedom, over time, ordinary people are buying Bitcoin and patiently holding it for the future. By acquiring the right knowledge, consistently buying Bitcoin and patiently holding it for the long term, success can be expected in the future. Therefore, buying more Bitcoin and holding it with confidence, we can protect ourselves from inflation in the future.

[DiMarxist]

I agree with you considering the benefits associated with Bitcoin, investing in Bitcoin is worth taking the risk for. This is because despite criticism about how volatile Bitcoin is Bitcoin has continue to out perform most assets making it one of the most best performing assets in the as there has been a high level of adoption taking place over the years. I think that anyone who is still skeptical about Bitcoin in this present point in time is not sincere to himself because there is no reason to still argue about Bitcoin because, Bitcoin has over the years shown that it's one asset that is trustworthy.

[icebar]

When you are ready to accumulate Bitcoin and buy regularly, it is a risk. One reason for this is that no one can accurately predict where Bitcoin will go in the future. Experienced investors always advise accumulation Bitcoin through discretionary income. Being consistent in Bitcoin means that you are accumulating a digital asset and in the long term, you will be able to achieve financial freedom and have the potential to get high returns. Although the investment may seem risky at the moment it will be a great asset for you in the future.

The truth is that any Investment that is not guaranteed is full of risk and of which bitcoin is in that category, even though alot of people are saying buy and HODL for Long term investment that you would be in profit, those things they are saying is just side talk because they don't know what the future holds, but as for those that might be interested to invest it is advised to focus on the Long term even though we are not sure about what the future hold but we believe that bitcoin still have the potential to do more in the future as this is the only thing that keeps me motivated.

There will be risks in investing, but an investor must analyze the current possibilities and understand which investment is good for him. There is risk in investing in Bitcoin, but any decision must be made considering that risk. It will certainly be difficult for those who invest in Bitcoin for the short term to make a profit because its price can decrease significantly in the short term. But for those who think for the long term, it is a relatively safe investment. Everyone who took risks in Bitcoin for the long term in the past has benefited, and those who try to hold their investment in Bitcoin in the future will also benefit.

[PremiumcryptoHub]

For investors this is not a risk yet but an important place to accumulate continuously. The longer the price at this level continues, the more Bitcoin accumulation should be increased.


https://www.bullionbypost.co.uk/bitcoin-price/5year/ounces/USD/#show-chart

As you say, it is not yet risky for investors, I am giving you unselfish advice the price of Bitcoin can go up and down very quickly, which can lead to sudden financial losses for our local board members when they invest. However, you are right that the price of the electronic currency started to decline again after hitting ATH in October last year, in fact we can blame the tariff and geopolitical situation for such negative aspects of the market. In fact, no matter how high the volatility of BTC is, I think it is reasonable to take risks in investing in Bitcoin because there is complete personal freedom, it is a decentralized currency and also acts as a hedge against the inflation of our country’s local currency, the Naira.

[Jostern]

For investors this is not a risk yet but an important place to accumulate continuously. The longer the price at this level continues, the more Bitcoin accumulation should be increased.


https://www.bullionbypost.co.uk/bitcoin-price/5year/ounces/USD/#show-chart

As you say, it is not yet risky for investors, I am giving you unselfish advice the price of Bitcoin can go up and down very quickly, which can lead to sudden financial losses for our local board members when they invest. However, you are right that the price of the electronic currency started to decline again after hitting ATH in October last year, in fact we can blame the tariff and geopolitical situation for such negative aspects of the market. In fact, no matter how high the volatility of BTC is, I think it is reasonable to take risks in investing in Bitcoin because there is complete personal freedom, it is a decentralized currency and also acts as a hedge against the inflation of our country’s local currency, the Naira.

Well I don’t think Bitcoin is as risky as people would say, because as long as you’re buying and accumulating bitcoin consistently there is absolutely no problem or challenges you will face, probably we could say that if you have bought bitcoin and you refuse to continue buying consistently then your bitcoin will obviously be dropping because of the Volatility nature of bitcoin which is why investors are always advised to buy and accumulate bitcoin on a regular basis instead of waiting for a price dip, because that point you’re waiting for price dip your going to be missing out on different opportunities of buying bitcoin more consistently, personally I don’t think people is as risky as people are talking about, because if you’re regularly buying your bitcoin will not disappear or vanish, so just keep buying and forget about whatever risk people are talking about.

[Showlove01]

We have seen the evolution of bitcoin and how massively it has expanded beyond where it was at the beginning, even those that didn't invest were able to see that it was indeed a risk that is worth taking. Even when the price keeps reducing it doesn't change the fact that this coin has a lot of potential in the future to be the biggest currency. Every investment comes with risks but this is worth taking.

Yes people have seen it but due to unavailability of funds makes it hard for some people to invest. Some people has the money to invest but they are still scared of investing because some feel Bitcoin will no longer increase or add value the moment they start investing making it look like some kind of ponzi scheme. Some don't actually know that they don't need to invest so much for a start but rather what is affordable to lose is what is required to start with.

[POPOLUV]

Truly the risk in Bitcoin is worth taking no matter how investors are afraid about the fluctuation of Bitcoin price is the market, as much we all know and understand life itself is full of a greatest risk which the those rich men today are risk bearers, that is what have made them to rich today, so as an investors we should know that the risk in Bitcoin is worth taking and secondly DCA strategy has make life more easier to invest freely with the mindsets of not losing all you have invested with and the room to be accumulating bitcoin gradually by gradually, my advise to any investors that think investing in Bitcoin is not worth in taking is really making a big mistake.

[Different patterns]

You have just said it right and clear, you know these is actually what I was expecting op to say Because he can't possibly say that the risk in Bitcoin is worth taking when there are people out there who doesn't understand how Bitcoin works. I'm not disputing on the fact that Bitcoin risk is Worth taking rather for those that have basic knowledge about Bitcoin investment because you can't just risk your money in something you don't know, it is only Worth taking for the both of us Because you and I know how Bitcoin investment works and the risk involved and also how to handle them.

Normally before person go enter any investment, e go first understand how the investment be. I think the OP’s statement are mainly for those who are new in Bitcoin investment and are more concerned about the risks associated with Bitcoin, or even thinking of it’s worth it, because anyone who already knows and understands Bitcoin would have already known that the risks associated with Bitcoin is worth it.

Your point is very understandable. because if proper study and understanding about bitcoin has taken that make the whole process easier, most especially for beginners, discussions like this are very useful, because it can help to make a good decision instead of acting out of fear.

[Uhwuchukwu53]

My perception on the risk on Bitcoin I will say it worth taking, provided the investor it holder is patient enough while the market shake out those whose faith can't carry, definitely with time one financial level can be leverage because Bitcoin is capable of making people financial level change millionaire o a billionaire all depends on individual engaged and patience, though this financial change can't be a short term expectations but must be a long term hope and been consistent mo wavering because their must be certain course to fear as the market is not just easy going.

[ASloveapg]

We have seen the evolution of bitcoin and how massively it has expanded beyond where it was at the beginning, even those that didn't invest were able to see that it was indeed a risk that is worth taking. Even when the price keeps reducing it doesn't change the fact that this coin has a lot of potential in the future to be the biggest currency. Every investment comes with risks but this is worth taking.

Yes people have seen it but due to unavailability of funds makes it hard for some people to invest. Some people has the money to invest but they are still scared of investing because some feel Bitcoin will no longer increase or add value the moment they start investing making it look like some kind of ponzi scheme. Some don't actually know that they don't need to invest so much for a start but rather what is affordable to lose is what is required to start with.

This is why it is important to change your mindset, when you build the right mindset, faith and trust in Bitcoin, you will be able to be effective in depositing Bitcoin. This requires mindset, and this is why not everyone can be effective here, those who do not have the right mindset and are wrongly building their ideas on Bitcoin, their activities will naturally go in the wrong direction. But when you have faith in it, and you are careful about its strategy, then you can continue investing here even with a very small amount of income, here the whole thing depends only on you. Start with small amounts and gradually increase it and keep expanding your knowledge more and more deeply, everything starts from small.

[Mr_Brilliant$]

We have seen the evolution of bitcoin and how massively it has expanded beyond where it was at the beginning, even those that didn't invest were able to see that it was indeed a risk that is worth taking. Even when the price keeps reducing it doesn't change the fact that this coin has a lot of potential in the future to be the biggest currency. Every investment comes with risks but this is worth taking.

This one nor be today debate, the risk dey worth am..  If person don watch how Bitcoin take start from nowhere reach where e dey today, e go know say this nor be ordinary gamble..  Even people wey no invest fit testify say e don grow pass wetin many people expect..

Price fit go down today, go shake person tomorrow, but that one no cancel the long term potential wey Bitcoin get…. The fundamentals still dey, limited supply, global adoption, and people dey trust am more as time dey go.. Risk dey, no doubt, but na the kind risk wey get reason behind am..

Every investment get risk, even keeping money for bank get own risk. The difference be say Bitcoin get clear upside if you get patience and discipline..