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Topic: Bitcoin is not as risky as many think. - page 4. (Read 1059 times)

sr. member
Activity: 2030
Merit: 323
April 05, 2020, 03:08:14 AM
#98
The reasons that has been stated in the article is not enough to prove that Bitcoin is not risky asset.
They are only wrong by saying that Bitcoin is a scam. When it comes to being risky Bitcoin is a very risky asset due to its rate of volatility.

You do know that the price can drop at anytime and people will lose their money. You can compare with what happened in 2017 when a lot of people that the price of bitcoin would go up and instead of an increase what they had was a huge decrease. And like that's not enough, the price continued going down even after that in 2018, and in 2019 as well; the increase we had in 2019 was disrupted by this pandemic.
sr. member
Activity: 1456
Merit: 267
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April 04, 2020, 12:19:15 PM
#97
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?

everything is risky when situation is worst , what you say may work when everything is good , but just look at situation now there is no money with people like some months before , no demand in market so saying bitcoin is not risky is not correct at all see the recent fall many would have lost what they have gained in months in a day is this not risky ?
The risk are there especially if the market is not good, knowing that there's virus that keeping everyone to think twice before investing or placing
any new money, this investment currency needs to study more before you proceed and place your money around.
sr. member
Activity: 714
Merit: 251
April 04, 2020, 12:04:30 PM
#96
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?

everything is risky when situation is worst , what you say may work when everything is good , but just look at situation now there is no money with people like some months before , no demand in market so saying bitcoin is not risky is not correct at all see the recent fall many would have lost what they have gained in months in a day is this not risky ?
hero member
Activity: 2912
Merit: 541
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April 04, 2020, 09:58:15 AM
#95
The risk depends on the time that you could hold an asset. If your time horizon is big, then you have nothing to worry about. This is for BTC and equities as well. If you need the money for your everyday life, then you are not fundamentally well-positioned for any kind of investment.

Besides the time, I think that will depend on your money also. You need to know how much money you will spend to invest in bitcoin, and it is better not to use all of your saving money because bitcoin price will always be volatile. You never know when the price is at the high price and the low price, and if you decide to use it with all of your money, that means you risk the money. No matter if you have skills in crypto trading or as the investor, using all of the funds will not be recommended.
member
Activity: 103
Merit: 10
April 04, 2020, 06:08:14 AM
#94

You're investing in an underlying asset that's only seen as valuable by fellow investors. We had the problem in ~2018 with this though since people kept buying thinking it was going to go up. And much more recently we've seen jolts due to this.

One who has entered in this stage will never accept the words like Bitcoin is not risky. Also, there was famous line that started in start of 2018 that invest only that much which you are ready to loss. This lines were not just famous because it was philosophical, it was mere fact of those days.

Even now for a short term trader the volatility of the market matters.
newbie
Activity: 17
Merit: 2
April 04, 2020, 05:57:22 AM
#93
The risk depends on the time that you could hold an asset. If your time horizon is big, then you have nothing to worry about. This is for BTC and equities as well. If you need the money for your everyday life, then you are not fundamentally well-positioned for any kind of investment.
hero member
Activity: 1722
Merit: 528
April 04, 2020, 02:46:02 AM
#92
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.

Though in my opinion, Bitcoin is not the safest asset.

It is true though that the reason why Bitcoin is volatile is because of the investors selling and buying immediately that is why it is not the safest asset, it is not a safe-haven investment. It is said that gold is not even reliable, how much more is Bitcoin that is more volatile than Gold. Despite the profits people made over time, I could still say that it is not the safest investment.
sr. member
Activity: 1960
Merit: 329
April 04, 2020, 01:21:19 AM
#91
Speculative markets are generally more risky. Bitcoins a bit like a new technology startup that breaks even every year.

You're investing in an underlying asset that's only seen as valuable by fellow investors. We had the problem in ~2018 with this though since people kept buying thinking it was going to go up. And much more recently we've seen jolts due to this.
This is true about all speculative markets. The risk cut across all, it is not bitcoin alone. But the safe thing about bitcoin is that we can always look for a buy on it since it will ever go up back even when it sells immediately after you buy it. I know those who bought during the ath in 2017 are still hopeful price will one day get pass that level one day soon.
full member
Activity: 658
Merit: 103
April 03, 2020, 10:16:19 PM
#90
Bitcoin is not risky at all, whoever thinks like that they have a lack of knowledge about bitcoin and blockchain technology. If Bitcoin is risky then which asset is safe? Every asset has risk, that's people say No risk No gain! It's true that volatility is a negative side of crypto, who bought at the very high price they are yet to recover, but if you have strong faith, then you must be known Bitcoin price will be greater than now! We can expect x4 from the current price of Bitcoin!
Bitcoin is a very safe asset to hold, but be careful because not this coin is also safe and there will be times that can make you very difficult. I think in any investment, you should hold Bitcoin the most because the coin decides for the entire altcoin. Of course you also need to think carefully because it will certainly affect your profits directly.
"Very Safe" ask yourself again if it is really safe asset. It is not a safe asset and it is not safe heaven where it can protect your wealth. It is a risky investments that need proper risk and management in order for you to make money. Do not consider bitcoin as safe investment because there is invesment that is really safe and all have risks.
full member
Activity: 798
Merit: 104
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April 03, 2020, 10:03:30 PM
#89
Bitcoin isn't risky If you are doing what you recognize is true then it might be a risk We always need to work on investing positively when it involves investing it's natural for a business to lose profit But holding on thereto doesn't work you would like to regulate your emotions and move forward. Then things will seem difficult and straightforward. Bitcoin may be a excellent currency and there's no risk there's a fluctuation in prices but if the worth rises again you'll be ready to make tons of profit.
sr. member
Activity: 1078
Merit: 250
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April 03, 2020, 08:59:20 PM
#88
Bitcoin is not risky at all, whoever thinks like that they have a lack of knowledge about bitcoin and blockchain technology. If Bitcoin is risky then which asset is safe? Every asset has risk, that's people say No risk No gain! It's true that volatility is a negative side of crypto, who bought at the very high price they are yet to recover, but if you have strong faith, then you must be known Bitcoin price will be greater than now! We can expect x4 from the current price of Bitcoin!
Bitcoin is a very safe asset to hold, but be careful because not this coin is also safe and there will be times that can make you very difficult. I think in any investment, you should hold Bitcoin the most because the coin decides for the entire altcoin. Of course you also need to think carefully because it will certainly affect your profits directly.
member
Activity: 420
Merit: 12
Globe-dex.com
April 03, 2020, 06:08:04 PM
#87
Bitcoin is never a risky business or will I say investment. May looking at the world at large now I believe we can see many Rich men and women putting in more effort to understand what Bitcoin is all about and how to go about it. And once they grab hold of the knowledge on how Bitcoin is not risked then they make fortunes. In other words, one needs to understand it first before taking part to be a Bitcoin owner.
hero member
Activity: 2702
Merit: 672
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April 03, 2020, 06:54:19 AM
#86
It isn't risky, but it is still a risk. Even if we do say that it is a safe asset, it's volatility is a factor that could never be removed at the moment. Although I do believe it should stabilize in the future, as it is right now, it is still a risk. That is if you were to look at it as an investment. If you were to think of it as to what it really is, being a cryptocurrency, it's actually a lot safer compared to the others. Just the fact that it uses a decentralized system already gives it an edge among the others. The only reason that hacks and the like happen is because of hackers finding holes in exchanges, where users use them as a wallet, which is not supposed to be done.
full member
Activity: 546
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April 03, 2020, 05:35:49 AM
#85

What are your thoughts?


Well, I think they thought that bitcoin is the primary currency that they are using nowadays and also many people they know that all the currency are depends with bitcoin, but it was just a kind of crypto currency. The bitcoin is not a risky, it is the volatility of the currency because it is so difficult to determined on when the price could happen the bull run market. But if you study well and have a deep knowledge about the market price and you have enough experience it wouldn’t be too risky because it was easy for you to earned profit.   
legendary
Activity: 2828
Merit: 1515
March 31, 2020, 03:14:29 AM
#84
OP, you need to understand that people who are naysayer will constantly raise conspiracy about bitcoin and it either to been notice, cause panic or spread FUDs but they always do it for their own selfish reason. Besides, there also some set of people who'll never understand the concept of cryptocurrency because they are full of doubt and never take their time to see the brighter side of crypto currency.
With that been said, Bitcoin is not risky but people need to learn how it works to avoid the complicated part of it.


It seems that any criticisms of Bitcoin get the nutjobs into a corner that all regurgitate the same thing of "you're just spreading FUD." After the Bitcoin bubble burst, I was convinced that people were gaslighting anyone that spread doubts on Bitcoin in order to raise confidence and get investors back on the wagon so they could save their own investments.

Investing in Bitcoin is risky and will remain risky. Always invest with what you're comfortable with losing.
copper member
Activity: 504
Merit: 0
March 31, 2020, 01:39:40 AM
#83
Bitcoin has been risky when there are some holders of bitcoin in the world because they have taken the bitcoin at very low price so they can dump the market anytime but know the people has come in this currency making price stable. Day by day the price of bitcoin will be more stable then earlier it was so bitcoin might take some time when btc big holder sell their btc and more new people come.
So btc now is reducing risk day by day.regulaation might play a role in this.if bitcoin is going to regulate in the countries more fund will come it will not be more risky.
full member
Activity: 1904
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March 30, 2020, 05:08:13 PM
#82
"Volatile and risky" will continue to be campaigned by the global financial industry to inhibit the growth of Bitcoin
because they fear that Bitcoin will disrupt the business they have built so far

The main and most complicated problem faced by digital currencies is regulation.
If the problem with the regulator is over, it seems that an increase in the valuation of the crypto currency will be inevitable

Regulating bitcoin has many pros and cons. But I guess other people will trust bitcoin if it is government regulated. At least they know for a fact, that dealing with crypto or bitcoin is not a scam. Up until now, many people are looking at bitcoin as scam or fraud. But this move will not be in favor for long time crypto users. Regulation means tax.
sr. member
Activity: 2436
Merit: 343
March 30, 2020, 05:04:40 PM
#81
When it comes to investment, risky is what we always have to face and much more when we are investing Bitcoin.
Many people won't really take this as a precaution to take but instead, they rather keep in mind that they could get easy returns after buying. Yeah, It can be sometimes when you are buying at the time that the market is moving up (that would be luck). But if we are buying during the times in bullish, the risk is too high and might bring you losses instead of gain.
sr. member
Activity: 2044
Merit: 314
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March 30, 2020, 05:02:02 PM
#80
Investment without a risk is more on a savings and with bitcoin the risk is getter higher from time to time. A big chance to create big profit with bitcoin and that is because of a big risk in the market, so don’t think about an easy money. Bitcoin is very volatile and it can change the trend within a day, or even an hour so be prepared always for that.
hero member
Activity: 2268
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March 30, 2020, 03:55:42 PM
#79
OP, you need to understand that people who are naysayer will constantly raise conspiracy about bitcoin and it either to been notice, cause panic or spread FUDs but they always do it for their own selfish reason. Besides, there also some set of people who'll never understand the concept of cryptocurrency because they are full of doubt and never take their time to see the brighter side of crypto currency.
With that been said, Bitcoin is not risky but people need to learn how it works to avoid the complicated part of it.
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