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Topic: Bitcoin is not as risky as many think. - page 3. (Read 1035 times)

sr. member
Activity: 2618
Merit: 335
April 12, 2020, 06:11:33 AM
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.
For some people volatile is a disadvantage whereas most other people are making use of the same volatility of bitcoin. How you are dealing with one particular characteristics of an investment opportunity is going to decide your level of success. People who are adopting bitcoin with the long-term goal is definitely already might how realized that and most other people are still staying away and watching how bitcoiner are making good profits out of little risk but in long-term and regretting for not adopting bitcoin earlier.

This will be risky if we don't know what we are investing for,if this is for easy money or preparation for our future.
I agree all the people who have adopted bitcoin did not get chances to make easy money because they are usually rushing to encash their bitcoins but people who are opting for long-term holding definitely making big profits. Only long-term holding makes bitcoin not as risky as many people do think.
hero member
Activity: 1722
Merit: 528
April 12, 2020, 03:43:21 AM
I think if you have proper knowledge about bitcoin,how its work,how to trade in bitcoin then you have zero risk in trading.Otherhand you don't have any knowledge about bitcoin then it's supper risky whatever you trading or not. So gain proper knowledge subject about bitcoin & its usecase then it will be easier & easier to you.

Despite your knowledge, you will never be able to predict the future.

What I am saying here is that with this volatile market, it is impossible to say that you will have no risk trading or investing at all. The risk is always there, the risk is unavoidable there, it is simply inevitable. It is true that you should gain proper knowledge before investing and trading but always remember that the risk is always there and it will be you who will be minimizing that risk and that also means minimizing your losses.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
April 12, 2020, 03:09:48 AM
Well there are so many ways to earn on bitcoin and i think it will always depend on how we handle our emotions or maybe decision on the feild. Because bitcoin is really risky but we can really earn on it if we always believe on it. Risk is always there, but if we have experience or learning i believe that we can really handle this risk.
It is not about earning in Bitcoin instead this is about how Bitcoin will change our life in future.

There are so many things that matters in this market and most people looking for Profit when the thing is they don't even know whats the technology behind this.

This will be risky if we don't know what we are investing for,if this is for easy money or preparation for our future.
member
Activity: 280
Merit: 43
April 12, 2020, 02:44:01 AM
I think if you have proper knowledge about bitcoin,how its work,how to trade in bitcoin then you have zero risk in trading.Otherhand you don't have any knowledge about bitcoin then it's supper risky whatever you trading or not. So gain proper knowledge subject about bitcoin & its usecase then it will be easier & easier to you.
legendary
Activity: 2436
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
April 10, 2020, 12:41:18 PM
I dare to disagree with your opinion that BTC is not as risky as other might think, since this is obviously a biased view. The reason being that no matter how much you buy in there will be times where you'd be in a great loss/profit as the market fluctuates. There could be times of dumps and bumps but because no one can tell the future which way the market may go or when, it leaves BTC and any crypto investment for that matter still risky.
This isn't a biased view if you take to consider the experiences of each every one of people in crypto space. You may think it is a biased view because your sympathy is with the beginners, I guess. We all understand that bitcoin is very volatile, the price movement is hard to follow, but the experience ones knows how to handle such situation. People now are under fear and doubts when bitcoin is declining, guess what those who are in bitcoin since the beginning then? chilling like nothing's happening. What the guys on the price resistance is taking much risks than those who only invest with cryptocurrency, always remember that.
legendary
Activity: 2338
Merit: 1084
zknodes.org
April 10, 2020, 10:30:35 AM
That's why many people will suggest the cryptocurrency market is unpredictable because most of the whales will manipulate according to their way. ~snip~
And that statement is not entirely true, you need to know in the world of Crypto, especially in trading, a technical analysis tool was certainly created as a parameter when carrying out the trade.
Indeed, the pope can do whatever he wants, but there is a limit where the pope also cannot do something, when in technical analysis has reached a certain point.
member
Activity: 616
Merit: 11
Decentralized Ascending Auctions on Blockchain
April 10, 2020, 09:40:25 AM
risky is a part of the investment project like for example, positive and negative side is being required to become common, so you need to select a positive side as possible to work hard, so practically, if you want to be a part of cryptocurrency activity you should have to learn the layout and follow the correct procedure and pattern and never mind the negative elements to prevent boom, another example is blockchain you need to clarify the situation of your chain to keep away from harm to ensure its properly connected, so if you thinking about volatility it something like an incubator egg turning is required and nothing is exempted.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
April 10, 2020, 09:38:57 AM
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?

If you have Funds to invest and can carry longer time?then Bitcoin is not that risky because this can stand longer before you gain profit.
but if you are just investing to make Money instantly then you are in the wrong place because this Volatile market can bring down you capital in just a day or if not luck hours after .so take a look at this thing before investing because just what the top posters says,this is a New technology and adoption will take time before being taken.
hero member
Activity: 2814
Merit: 518
April 10, 2020, 07:51:58 AM
I would rather be realistic than trying to sugar coat. Bitcoin as safest of all assets? Come on man. Volatility is a big issue, reason why many small investors will be reluctant. They cannot simply afford to lose big. Nevermind tha whales, as they are eager to gamble millions of dollars in any trading market.
Bitcoin is a safe coin at this time and the risk may be greatly reduced if you buy it cheaply. Last month, Bitcoin used to drop to $3800 and that was the price I bought, so please take time to analyze before the uptrend of this market returns. Of course risks can happen at any time, but if you have the knowledge you will never fail here.
Nah, it is not just simply as that. You can never think the risk because you are buying at a cheap price but though you do make it the risk remains. You can see the market makes pumps right after you buy bitcoin nor you are sure as well that it drops. You can't be confident enough that you'll never lose because of that. The volatility feature of the market makes crypto becomes risky and it remains to be like that.

That is why many people had failed because they don't understand the market.
sr. member
Activity: 586
Merit: 251
April 10, 2020, 07:35:31 AM
I would rather be realistic than trying to sugar coat. Bitcoin as safest of all assets? Come on man. Volatility is a big issue, reason why many small investors will be reluctant. They cannot simply afford to lose big. Nevermind tha whales, as they are eager to gamble millions of dollars in any trading market.
Bitcoin is a safe coin at this time and the risk may be greatly reduced if you buy it cheaply. Last month, Bitcoin used to drop to $3800 and that was the price I bought, so please take time to analyze before the uptrend of this market returns. Of course risks can happen at any time, but if you have the knowledge you will never fail here.
full member
Activity: 1134
Merit: 102
April 10, 2020, 05:53:57 AM
I would rather be realistic than trying to sugar coat. Bitcoin as safest of all assets? Come on man. Volatility is a big issue, reason why many small investors will be reluctant. They cannot simply afford to lose big. Nevermind tha whales, as they are eager to gamble millions of dollars in any trading market.

That's why many people will suggest the cryptocurrency market is unpredictable because most of the whales will manipulate according to their way. People who spend millions will always make decent profit others who are afraid towards trading will always lose their huge amount of money.
hero member
Activity: 2982
Merit: 790
April 09, 2020, 07:54:57 PM
The risk associated with the entire cryptocurrency market can not be overlooked, cryptocurrency as a fiancial system is well connected with risk and i guess that's why the outside world is finding quite difficult to accept the fully use of cryptocurrency. As a digital currency, cryptocurrency cannot be compare to other investments options such as real estate, gold and equity.  It would be great if new people that want to join the market knows the risk associated with it
You cant really stop people on not to differentiate things - from risk to profitability issues between markets.There would always be a comparison because thats how investors or people observed into things that
can give out the chances on making money.They will surely hesitate since this one is volatile plus it isnt regulated one.We do see lots of negative inputs or views towards crypto but come to think it doesnt only giving out
to make money but also to put up in mind on whats its tech usage which is more beneficial on todays transaction.

I would rather be realistic than trying to sugar coat. Bitcoin as safest of all assets? Come on man. Volatility is a big issue, reason why many small investors will be reluctant. They cannot simply afford to lose big. Nevermind tha whales, as they are eager to gamble millions of dollars in any trading market.
Agree to this one which using the word 'safe' even on other conventional investments wont really suit out because anything do have corresponding risk.
sr. member
Activity: 2366
Merit: 366
April 09, 2020, 07:30:27 PM
I would rather be realistic than trying to sugar coat. Bitcoin as safest of all assets? Come on man. Volatility is a big issue, reason why many small investors will be reluctant. They cannot simply afford to lose big. Nevermind tha whales, as they are eager to gamble millions of dollars in any trading market.
full member
Activity: 573
Merit: 102
April 09, 2020, 07:21:15 PM
The risk associated with the entire cryptocurrency market can not be overlooked, cryptocurrency as a fiancial system is well connected with risk and i guess that's why the outside world is finding quite difficult to accept the fully use of cryptocurrency. As a digital currency, cryptocurrency cannot be compare to other investments options such as real estate, gold and equity.  It would be great if new people that want to join the market knows the risk associated with it
legendary
Activity: 2940
Merit: 1083
April 09, 2020, 06:09:33 PM
I dare to disagree with your opinion that BTC is not as risky as other might think, since this is obviously a biased view. The reason being that no matter how much you buy in there will be times where you'd be in a great loss/profit as the market fluctuates. There could be times of dumps and bumps but because no one can tell the future which way the market may go or when, it leaves BTC and any crypto investment for that matter still risky.

But the point is, even with the hard volatility of bitcoin, it always goes up no matter what. It is just that how people will test their patience on this since they will only lose once they sold.

Risky as it is, but the article is saying that with the lots of recognitions to bitcoin as a legal currency by most of the first world countries, we can say that in the future there's no way bitcoin will just an ordinary asset that swings with no specific value or being treated as the risky investment after all.

Actually, even we lose $10,000 or more from buying bitcoin at the peak then a crash happened later on, as long as we don't liquidate it yet, we are actually not on loss by figures. Just hold.
sr. member
Activity: 1148
Merit: 300
April 09, 2020, 05:58:28 PM
Well there are so many ways to earn on bitcoin and i think it will always depend on how we handle our emotions or maybe decision on the feild. Because bitcoin is really risky but we can really earn on it if we always believe on it. Risk is always there, but if we have experience or learning i believe that we can really handle this risk.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
April 09, 2020, 01:53:26 PM
Bitcoin is not risky, but the process instead. Bitcoin is one of the greatest creation among innovations and technology, and this is one of the responsible for the digital currency we called today, and it is secured, but the risky is the earnings on investment in bitcoin; it is a risk because you cannot make sure the earnings. After all, it is volatile and prediction of the market graph; it is hard because you need to analyze every movement of the coin. In gambling is you need to have full of skills, potential, and luck to win your game and get a profit; still it depends on the player how do they manage the situation to make more earnings with the use of online currency.
sr. member
Activity: 980
Merit: 260
April 09, 2020, 01:36:48 PM
I dare to disagree with your opinion that BTC is not as risky as other might think, since this is obviously a biased view. The reason being that no matter how much you buy in there will be times where you'd be in a great loss/profit as the market fluctuates. There could be times of dumps and bumps but because no one can tell the future which way the market may go or when, it leaves BTC and any crypto investment for that matter still risky.
full member
Activity: 714
Merit: 104
April 09, 2020, 12:57:51 PM
In my opinion, Bitcoin is one of the safest assets it can be. Because even if you buy and hold you'd still see profits and even in bear trend it holds value. It's just volatile because many investors wants to make short gains. Even the stocks and fiat depends on supply and demand so what's the difference in them ?
The only thing i could see, is a far more superior technology that has no flaws like liquid injection, fractional reserve banking and rate cuts.

I can not agree with you. You could buy bitcoin for $ 10,000 and then watch it drop to $ 3,000, and now what do you do? Just wait. Wait how long? No one knows.
If the whales of the market decide that Bitcoin should be at the bottom for a year or more, then all your assets invested in Bitcoin will be frozen for a long time.
Where is the safes here?

You can talk about the minimal risks of investing in Bitcoin only if the investor buys Bitcoin for a long period.  I mean the period during which Bitcoin can show the maximum value of the price, and this can take several years.  Only in this case, the investor will be able to get real profit.  First of all, the one who invests the last money in the cryptocurrency risks and evaluates the cryptocurrency market as the main source of income and plans to make a profit in the near future.
sr. member
Activity: 1610
Merit: 372
April 08, 2020, 04:33:39 PM
#99
In my opinion, Bitcoin is one of the safest assets it can be. Because even if you buy and hold you'd still see profits and even in bear trend it holds value. It's just volatile because many investors wants to make short gains. Even the stocks and fiat depends on supply and demand so what's the difference in them ?
The only thing i could see, is a far more superior technology that has no flaws like liquid injection, fractional reserve banking and rate cuts.

I can not agree with you. You could buy bitcoin for $ 10,000 and then watch it drop to $ 3,000, and now what do you do? Just wait. Wait how long? No one knows.
If the whales of the market decide that Bitcoin should be at the bottom for a year or more, then all your assets invested in Bitcoin will be frozen for a long time.
Where is the safes here?
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