Topic: Bitcoin is not as risky as many think. - page 2. (Read 1035 times)
Bitcoin is not risky when you buy and invest with lower price but how if you invest when bitcoin on the top price and then going on down? will be risk management with investing in bitcoin and altcoin. I think all investment way have big risk except gold because keep touch with higher price.
It's true that bitcoin isn't as risky as others think. If we understand the movements of bitcoin, we must feel that bitcoin is not at risk,
most people who call bitcoin at risk because of short-term trading. It is true that bitcoin if hold in the short-term is at risk because
of its price volatile. Try investing in bitcoin in the long-term, around 5-10 years. It would definitely say bitcoin is very safe, bitcoin if
hold the long-term can provide huge profits.
Every investment seems to look risky at first that is why many people have been failed at their first attempt because of the lack of experience and as well as market understanding. If we think about worries, losing our money...this will be changing our mindset and turns into doom. The word risk will also matter how we deal with it, taking it seriously will have a different result. I assumed that you are right and supposedly to be right, crypto investment is not for everyone and those who are willing to take the risk will surely succeed. That is the reality here. most people who call bitcoin at risk because of short-term trading. It is true that bitcoin if hold in the short-term is at risk because
of its price volatile. Try investing in bitcoin in the long-term, around 5-10 years. It would definitely say bitcoin is very safe, bitcoin if
hold the long-term can provide huge profits.
You have forgotten one thing as a bitcoiner, the volatility of the cryptocurrency, especially that of Bitcoin made it more risky than another market even though the stock Market tend to follow suit. I would not encourage anyone who have low understanding of the technology to just jump into Bitcoin investment because of it volatility. The market is a full scale speculatives modes type and this make it risky too mate. I could still remember that, my first time of investing into Bitcoin was full of fun and was able to maximize my profit than but things have changed that investment into Bitcoin is a "must careful investment".
They shouldn't have to jump otherwise, they'll be suffering a big loss and disappointment.The reality must be cleared enough and the risk involved in crypto is totally far from what we knew in the local stock market investment. But if you are truly a risk-takers, why should you get some try? Actually, some people aren't believing through talks only but experiencing them in the actual scenarios will help them to find out and knows how crypto works.
Yeah, having a basic knowledge can equally be a savior during risk taking. Many who are supposed to be leading the way for newbies are fond of giving some unrealistic help to newbies in the world of cryptocurrency. Many have advise the newbies that; those who wants to start trading Cryptocurrency of any type should know this: "Buy low and sell high", currently, the cryptocurrency market has grown beyond this scope, at least ensure to understand some TA before venturing into the trading zone of cryptocurrency.
Everything is relative. If yesterday bitcoin was one of the most risky assets, today oil can be attributed to such assets.
The world is turning upside down.
Due to a pandemic, current events can play into the hands of bitcoin and cryptocurrency very much.
I agree about that and also, even though this pandemic never existed I personally believe bitcoin is an asset that can still be said to be safe if they are able to maintain it well then everything will remain good, because that risk will always be there and that risk can also be minimized and even avoided when they have good understanding and skills. Anyway, when the situation changes, the asset or oil will also recover soon, because there must be a period where this crisis will get worse and of course the panic is not easy to avoid when this situation. The world is turning upside down.
Due to a pandemic, current events can play into the hands of bitcoin and cryptocurrency very much.
It's true that bitcoin isn't as risky as others think. If we understand the movements of bitcoin, we must feel that bitcoin is not at risk,
most people who call bitcoin at risk because of short-term trading. It is true that bitcoin if hold in the short-term is at risk because
of its price volatile. Try investing in bitcoin in the long-term, around 5-10 years. It would definitely say bitcoin is very safe, bitcoin if
hold the long-term can provide huge profits.
most people who call bitcoin at risk because of short-term trading. It is true that bitcoin if hold in the short-term is at risk because
of its price volatile. Try investing in bitcoin in the long-term, around 5-10 years. It would definitely say bitcoin is very safe, bitcoin if
hold the long-term can provide huge profits.
It is still an unregulated industry that is mostly run by thieves and scammers, but one thing we can all be sure of is the availability of endless amounts of mining profitability. It is possible to mine Bitcoin for free by using open-source hardware and software (there is a guide to getting started). To fully understand the Bitcoin mining process, I would highly recommend watching this video from Bitsonline's introduction to Bitcoin mining: http://bitsonline.com/how-to-mine-bitcoin/
Just because other things are considerably riskier or at least close to bitcoin, that doesn't mean bitcoin is not risky neither. That just means other things are as risky as bitcoin, instead of bitcoin not being less risky.
Bitcoin is still considerably riskier compared to many things in financial world not because it is not making big movements in the long term, if you buy now and wait 5 years you will realize that the profit you make is realistic, however if you look inside that 5 year period you will see it going up and down constantly with HUGE differences, like x10 up x5 down x7 up x3 down and so forth, which is why short term it is still quite risky and probably the riskiest thing you can invest to, just not so much when you look at the bigger picture.
Bitcoin is still considerably riskier compared to many things in financial world not because it is not making big movements in the long term, if you buy now and wait 5 years you will realize that the profit you make is realistic, however if you look inside that 5 year period you will see it going up and down constantly with HUGE differences, like x10 up x5 down x7 up x3 down and so forth, which is why short term it is still quite risky and probably the riskiest thing you can invest to, just not so much when you look at the bigger picture.
When you look at the stock market during this crisis they have drop significantly this past few days considering they are what they call stable assets and with the continues money printing out of nothing their not really creating value. Their just taking value from other money in circulation. I consider Bitcoin as hedge in all these Economic instability that safely store value despite critics saying its a scam or bubble.
I agree with you, that printing more money will not solve the economic crush we're all going to see very shortly. Bitcoin was made for this exact purpose. Like many of you postulated, BTC's value should prevail and I find that there wasn't a better time for this than now. Amidst the stability that BTC provides, investment in crypto can be risky, I'm not going to lie about that, is there any investment that it isn't all about the risk?
When you look at the stock market during this crisis they have drop significantly this past few days considering they are what they call stable assets and with the continues money printing out of nothing their not really creating value. Their just taking value from other money in circulation. I consider Bitcoin as hedge in all these Economic instability that safely store value despite critics saying its a scam or bubble.
I believe that as well, bitcoin is a good hedge because this shows how transparent this market is. We can't print here, we are just basing on the supply and demand and no manipulation like the government could do, which their people will pay in the end and the fiat will just suffer inflation without some people knowing about about on how it works.
Well, hopefully we can win the battle against the FED, it's a hard mission but it's not impossible and what we need is just real adoption in the crypto market to make these things possible.
When you look at the stock market during this crisis they have drop significantly this past few days considering they are what they call stable assets and with the continues money printing out of nothing their not really creating value. Their just taking value from other money in circulation. I consider Bitcoin as hedge in all these Economic instability that safely store value despite critics saying its a scam or bubble.
One of the main points many Bitcoin naysayers are quick to bring up whenever you question them on why they are so anti bitcoin is that bitcoin is ‘volatile and risky’. The truth is that Bitcoin is no riskier than any other asset and it may even be safer.
Here’s why Bitcoin is safer than most assets: https://www.cryptopolitan.com/bitcoin-is-safer-than-most-assets-stop-treating-it-as-risky/
What are your thoughts?
The above article has a very lame comparison. they only compared to the stock market recently when corona virus devastated. but they didn't know that at that time, bitcoin was divided 3 times from the top?Here’s why Bitcoin is safer than most assets: https://www.cryptopolitan.com/bitcoin-is-safer-than-most-assets-stop-treating-it-as-risky/
What are your thoughts?
This article is really not fair and true. It seems to be written by a journalist who is in fomo bitcoin state. It is clear that the stock market is always under control and there are always rules when there is a strong sell-off. As for the crypto market, nobody controls it and that's the market maker's playground.
One of the main points many Bitcoin naysayers are quick to bring up whenever you question them on why they are so anti bitcoin is that bitcoin is ‘volatile and risky’. The truth is that Bitcoin is no riskier than any other asset and it may even be safer.
Here’s why Bitcoin is safer than most assets: https://www.cryptopolitan.com/bitcoin-is-safer-than-most-assets-stop-treating-it-as-risky/
What are your thoughts?
These theories are no different from what the whales say. All are the plans of those who have money They hire bloggers and write nice things about crypto. Later when more people believed in bitcoin, they invested and bought more. then the sharks will be the market controllers and sell it down. In the article that you put out, I do not see what is reasonable. The comparisons are approximate and very general. It says nothing about the security of crypto. capitalization is small and this is why whales are always in control of the market. Here’s why Bitcoin is safer than most assets: https://www.cryptopolitan.com/bitcoin-is-safer-than-most-assets-stop-treating-it-as-risky/
What are your thoughts?
You have forgotten one thing as a bitcoiner, the volatility of the cryptocurrency, especially that of Bitcoin made it more risky than another market even though the stock Market tend to follow suit. I would not encourage anyone who have low understanding of the technology to just jump into Bitcoin investment because of it volatility. The market is a full scale speculatives modes type and this make it risky too mate. I could still remember that, my first time of investing into Bitcoin was full of fun and was able to maximize my profit than but things have changed that investment into Bitcoin is a "must careful investment".
They shouldn't have to jump otherwise, they'll be suffering a big loss and disappointment.The reality must be cleared enough and the risk involved in crypto is totally far from what we knew in the local stock market investment. But if you are truly a risk-takers, why should you get some try? Actually, some people aren't believing through talks only but experiencing them in the actual scenarios will help them to find out and knows how crypto works.
but well its our money and we do have the full control of it no matter how hard you do convince other people they would surely proceed on things on whats up to their minds.
You have forgotten one thing as a bitcoiner, the volatility of the cryptocurrency, especially that of Bitcoin made it more risky than another market even though the stock Market tend to follow suit. I would not encourage anyone who have low understanding of the technology to just jump into Bitcoin investment because of it volatility. The market is a full scale speculatives modes type and this make it risky too mate. I could still remember that, my first time of investing into Bitcoin was full of fun and was able to maximize my profit than but things have changed that investment into Bitcoin is a "must careful investment".
They shouldn't have to jump otherwise, they'll be suffering a big loss and disappointment.The reality must be cleared enough and the risk involved in crypto is totally far from what we knew in the local stock market investment. But if you are truly a risk-takers, why should you get some try? Actually, some people aren't believing through talks only but experiencing them in the actual scenarios will help them to find out and knows how crypto works.
You have forgotten one thing as a bitcoiner, the volatility of the cryptocurrency, especially that of Bitcoin made it more risky than another market even though the stock Market tend to follow suit. I would not encourage anyone who have low understanding of the technology to just jump into Bitcoin investment because of it volatility. The market is a full scale speculatives modes type and this make it risky too mate. I could still remember that, my first time of investing into Bitcoin was full of fun and was able to maximize my profit than but things have changed that investment into Bitcoin is a "must careful investment".
People may think in their way, it's not the problem anymore, the main problem is the price volatility, people always assume what they actually see around themselves, so it's a normal scenario about Bitcoin, some say Bitcoin is the best platform for making trade and some pay heed on this platform according to their experience and some people always try to keep aside themselves from Bitcoin, Scene is different, But if you want to hear me then obviously I can say that Bitcoin is the best platform for making investment and trade, Nothing compares to this Bitcoin because it's the Godmother of the Cryptocurrency. that's enough.
~snip~
It is very interesting to see the points of view, although most of my particular reasons are that as time goes by the technologies are innovating, and everything that has to do with the economy the world must accept, in addition to the ease that It has through Bitcoin to make large amounts of transfers is higher than what banks offer today, more when it comes to large amounts of money when they are sent or transferred, alarms go off in banks.
when it comes to money laundering and due to its anonymous feature thats why government do really see it on not to really be that good.So it isnt surprising that it would
really have that kind of treatment or shall we say it doesnt really put up into some consideration but somehow adoption is still on the move though.
You may think that everyone knows about bitcoin not being controlled or whatever but you are forgetting the fact that it is US that knows this and not all the people in the world. There are two types of people who combined makes 98%+ of the whole population I suppose (can't really know the exact number).
One is the people who have no idea about bitcoin to this day, they might have heard about it or read a news about it and all of that but they never got into it, never researched it, all they did was saw some news about it on tv type of awareness, or maybe they are tribes in some off coast place frankly same because neither knows the details.
Second type is the people who are interested in bitcoin but so focused on the trading part and "getting rich very quickly" part that they have no idea what bitcoin is other than something they can "buy low and sell high and retire early" which is honestly idiotic anyway. Those people are not really aware how awesome decentralization is at all, its just people who got into bitcoin that knows about it.
One is the people who have no idea about bitcoin to this day, they might have heard about it or read a news about it and all of that but they never got into it, never researched it, all they did was saw some news about it on tv type of awareness, or maybe they are tribes in some off coast place frankly same because neither knows the details.
Second type is the people who are interested in bitcoin but so focused on the trading part and "getting rich very quickly" part that they have no idea what bitcoin is other than something they can "buy low and sell high and retire early" which is honestly idiotic anyway. Those people are not really aware how awesome decentralization is at all, its just people who got into bitcoin that knows about it.
They do not really know what they are talking about when they say it is "risky and volatile" honestly. Risky is a subjective term that you can't really put into a data set, how is it risky, why is it risky, how much riskier it is than some others, what constitutes risky word for it? I mean there are so many questions that could be asked about it.
However, volatility is data based and we can talk about it. Does the price of bitcoin go up and down too much? Sure, is it volatile? Sure. But do we know why it is volatile? Yes we do, it is not as big as the other regulated markets and there is a lack of liquidity, so when a billion dollar movement happens in stock market it is not too big but when it happens in crypto its huge. This is something that will pass over time.
However, volatility is data based and we can talk about it. Does the price of bitcoin go up and down too much? Sure, is it volatile? Sure. But do we know why it is volatile? Yes we do, it is not as big as the other regulated markets and there is a lack of liquidity, so when a billion dollar movement happens in stock market it is not too big but when it happens in crypto its huge. This is something that will pass over time.
What this author is saying is the same thing that everyone has already been saying. He’s still saying that Bitcoin is decentralized and government cannot control, or stop transactions and trading of bitcoin. These things are no longer something new, everyone already knew about this. Yes Bitcoin is safe in the sense that it cannot be controlled by anyone, it is free from such.
But when it comes to the price, the fear that most people do have is that it is volatile, they fear that they might invest and the price will crash and make them lose their money. So, the explanation they are giving the article doesn’t really answer the question. Although that doesn’t change the fact that Bitcoin is very good.
But when it comes to the price, the fear that most people do have is that it is volatile, they fear that they might invest and the price will crash and make them lose their money. So, the explanation they are giving the article doesn’t really answer the question. Although that doesn’t change the fact that Bitcoin is very good.
Jump to: