Bitcoin is not as risky as many think. - page 6.

buwaytress

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Quote from: jhonjhon on March 27, 2020, 06:56:22 PM

Nah, I hope people should have to think about it before entering into the crypto world.
I know a lot of people might be wondering what people are doing in the crypto investment and how real it is. Many were asking how it generates money and how quick it is and many were saying to easy but in reality, its a kinda difficult to make it especially during the bear season.

Bitcoiner though I be, I'm also telling people it's not as safe as many speculators would like you to think.

It's as real as stocks and forex. But also as risky, if not even more so. The fact people ask if it generates money and how quickly or how easy? Just says a lot about how misunderstood Bitcoin is -- even if strictly from the sense of investment/speculation.

acdc

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Bitcoin is a profitable investment and therefore it is very risky. Bitcoin is also an asset with huge price fluctuations.
That's why I personally think investing in the bitcoin market is a very risky investment.
If you look at the chart of bitcoin you can see that the volatility of bitcoin is very large, many people can be rich or go bankrupt overnight.

MCDev

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At the moment most people invest in bitcoin as a speculation, bitcoin can bring big profits but also risky.
Everything can happen on the cryptocurrency market, so if anyone wants to invest in the cryptocurrency market he should learn about what he can achieve or lose.

Dart18

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20k buyers will be saying that. Grin

It is a risk buying bitcoin and there is no doubt about that specially when you are still in the process of understanding it.
But as time goes you will forget about it.
As you keep more bitcoin in your wallet you just trust that it will soon soar to a price that nobody will expect once again.
The battle for those who do not believe will never end. Those who lose much are still angry about it.
They should have never sold it at the first place.

FanEagle

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You can't say it is not risky neither though. Definitely maybe people are overreacting on the risk factor and we can say that bitcoin is not "as risky as you think" but it is still risky, that is the vast difference between "not risky" that people are usually talking about. If "not risky at all, guaranteed income" is 10 and "so risky you might as well throw a dice for it" is 1, we can still say that bitcoin is under 5, it may not be 1, but it certainly is under 5, so still on the risky side.

However, anything that worths doing, worths doing it right and bitcoin might be volatile and risky but if we can get through this horrible stage of both being marginally mainstream but still less liquidity than any other market, we will reach to a point where we will be more stable.

Yatsan

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Quote from: tam31 on March 28, 2020, 04:56:57 AM

Well, bitcoin is the most volatile currency ever. The price can move in any direction and it might bring a lot of risk for majority of people. This might be the reason why most of the people think bitcoin is risky.

That is exactly the reason why it's a risky investment (for short-term basis). We all know that if we compare bitcoin and other cryptocurrency to stocks, forex or other markets then, it's obvious that bitcoin is the most volatile! it's not normal to have 10% up's and down per day, or a big 50-70% dump or pump, It's very risky for me, the only win-win situation here if you don't want a risk is focus on long term investment! That is the key, to have a gain/profit in cryptocurrency.

CryptopreneurBrainboss

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Quote from: OGEOS on March 25, 2020, 07:46:20 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.

At some point and in their earlier days as new assets, most of the well established assets you see today we're once like bitcoin (that's a speculative asset) since the future of the asset wasn't certain. Bitcoin has proven time without number that, it's a long term project and not some get rich quick scheme many uniformed Individuals mistake it for. When you invest in bitcoin with a short term mindset it becomes risky since its price volatility is quite high on a short term based.

Every investment is a risk since you're entrusting your funds and hope on a technology or idea that can fail at anytime. The biggest risk of them all is not to take the risk in investing in that asset due to fear. Keeping you money in the bank is also a risk since you're not in charge of your money and inflation can disvalue the worth of your stored funds at anytime.

carlfebz2

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Quote from: DevilSlayer on March 28, 2020, 06:04:46 AM

Quote from: Janation on March 28, 2020, 05:33:00 AM

Quote from: tam31 on March 28, 2020, 04:56:57 AM

Well, bitcoin is the most volatile currency ever. The price can move in any direction and it might bring a lot of risk for majority of people. This might be the reason why most of the people think bitcoin is risky.

That is true but you should also consider the fact that a lot of people still earned a lot of profit from it despite its volatility.

Most of the people wanted to make an easy investment, an investment into something that is safe-haven, that would ensure them a profit in the near future but investing doesn't work like that. But despite the volatility of Bitcoin, it did give a lot of profit for people especially for those who know what to do in a certain movement. That is the reason why people think BItcoin is a safe-haven investment.

There is no holy grail investment that we can guarantee our return, maybe they do not fully understand the bitcoin and that is why there are people who keep saying that it is not risky at all. There are professional traders who keep making profit despite of its high volatility but the thing is they are also vulnerable to losses. I see bitcoin as a high risk investment and that is why I invest in myself in order to protect and grow my capital.

People who doesnt have much idea on what they are into specially on this crypto world would really have that kind of impression where they do believe that money making is pretty easy on this space
but it doesnt work that way and soon theyll realize that their expectations isnt the same with the reality.Theres no such thing about holy grail and for sure those people who do just rushly jumped in
just because they have seen those people who do make big profits online without even knowing on what are the risk behind or doesnt even know on how much for those people who lost up
money before they do earn that certain amount.

DevilSlayer

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Quote from: Janation on March 28, 2020, 05:33:00 AM

Quote from: tam31 on March 28, 2020, 04:56:57 AM

Well, bitcoin is the most volatile currency ever. The price can move in any direction and it might bring a lot of risk for majority of people. This might be the reason why most of the people think bitcoin is risky.

That is true but you should also consider the fact that a lot of people still earned a lot of profit from it despite its volatility.

Most of the people wanted to make an easy investment, an investment into something that is safe-haven, that would ensure them a profit in the near future but investing doesn't work like that. But despite the volatility of Bitcoin, it did give a lot of profit for people especially for those who know what to do in a certain movement. That is the reason why people think BItcoin is a safe-haven investment.

There is no holy grail investment that we can guarantee our return, maybe they do not fully understand the bitcoin and that is why there are people who keep saying that it is not risky at all. There are professional traders who keep making profit despite of its high volatility but the thing is they are also vulnerable to losses. I see bitcoin as a high risk investment and that is why I invest in myself in order to protect and grow my capital.

Janation

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Quote from: tam31 on March 28, 2020, 04:56:57 AM

Well, bitcoin is the most volatile currency ever. The price can move in any direction and it might bring a lot of risk for majority of people. This might be the reason why most of the people think bitcoin is risky.

That is true but you should also consider the fact that a lot of people still earned a lot of profit from it despite its volatility.

Most of the people wanted to make an easy investment, an investment into something that is safe-haven, that would ensure them a profit in the near future but investing doesn't work like that. But despite the volatility of Bitcoin, it did give a lot of profit for people especially for those who know what to do in a certain movement. That is the reason why people think BItcoin is a safe-haven investment.

TitanGEL

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Quote from: iv4n on March 28, 2020, 12:58:48 AM

Quote from: Mpamaegbu on March 28, 2020, 12:14:00 AM

It will be safe to say that Bitcoin was risky in 2010 during its teething days when a lot of people thought it was a scam but now we can only safely use the term "Volatility". Of course, every trader knows that Bitcoin is here to stay and this eliminates the "risk factor". What every trader needs do is look for a convenient low and then buy. Even if price goes up immediately after buying, don't panic. Price will one day cross your buy line. I know there were traders who bought at ATH and definitely are still hodling till date and waiting for price to go up back. Whereas there were altcoins bought at ATH but these altcoins have completely disappeared today.

In that time bitcoin was unknown, nobody could say that bitcoin will become what it is now and be 100% certain in that. Every beginning is hard, bitcoin made it to come here and gaining more popularity every year. I always thought that every person should try trading, at least to try, it's risky but it can be interesting and profitable if you figure it out. If that doesn't work just buy and hold, definitely crypto is not something anyone should miss. There's something for everyone, and there are so many ways to do something and make money, people just need to make some effort and try it!

I will not agree for those people who saying that bitcoin is not a risky investment, it is very risky investment especially for those who do not have enough knowledge about what it is and what it is uses. The volatility of the bitcoin is what bitcoin makes a risky investment we should understand its price action in order to have an idea on what we will do especially in trading of it. Many people fail from it because of theu lack of knowledge, if we want to become a trader we should first invest in our knowledge.

tam31

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Well, bitcoin is the most volatile currency ever. The price can move in any direction and it might bring a lot of risk for majority of people. This might be the reason why most of the people think bitcoin is risky.

iv4n

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Quote from: Mpamaegbu on March 28, 2020, 12:14:00 AM

It will be safe to say that Bitcoin was risky in 2010 during its teething days when a lot of people thought it was a scam but now we can only safely use the term "Volatility". Of course, every trader knows that Bitcoin is here to stay and this eliminates the "risk factor". What every trader needs do is look for a convenient low and then buy. Even if price goes up immediately after buying, don't panic. Price will one day cross your buy line. I know there were traders who bought at ATH and definitely are still hodling till date and waiting for price to go up back. Whereas there were altcoins bought at ATH but these altcoins have completely disappeared today.

In that time bitcoin was unknown, nobody could say that bitcoin will become what it is now and be 100% certain in that. Every beginning is hard, bitcoin made it to come here and gaining more popularity every year. I always thought that every person should try trading, at least to try, it's risky but it can be interesting and profitable if you figure it out. If that doesn't work just buy and hold, definitely crypto is not something anyone should miss. There's something for everyone, and there are so many ways to do something and make money, people just need to make some effort and try it!

Mpamaegbu

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It will be safe to say that Bitcoin was risky in 2010 during its teething days when a lot of people thought it was a scam but now we can only safely use the term "Volatility". Of course, every trader knows that Bitcoin is here to stay and this eliminates the "risk factor". What every trader needs do is look for a convenient low and then buy. Even if price goes up immediately after buying, don't panic. Price will one day cross your buy line. I know there were traders who bought at ATH and definitely are still hodling till date and waiting for price to go up back. Whereas there were altcoins bought at ATH but these altcoins have completely disappeared today.

lienfaye

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Quote from: OGEOS on March 25, 2020, 07:46:20 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?

Though many countries already recognize bitcoin it doesnt mean it is not risky. Because of the volatility of bitcoin people are taking advantage it and thats the reason why investors are earning while those who cant stand the volatility lose their capital for selling at the wrong time. Every investment is risky and crypto is not different thus before deciding to engage yourself make sure to know everything on what to expect.

CHENIEN

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Exactly this is a favorable time to invest a large amount to bitcoin for exchange and waiting for a normalize increase, totally I believe that it is a kind of bidding process to ride a sound quick. until now Bitcoin is equally easy to join which is proven by many investors, but it is very unforgettable if you lose, but maybe we need to render a consideration if there's a global economic crisis as a human in which we cannot break the unexpected downfall because acceptance is a very useful through this covid-19 season.

BuNga_cute

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I have known bitcoin since 2016 strongly agree that bitcoin is not as risky as most people think. Because investing in bitcoin
is easier to generate profits than other investments. Many people think that bitcoin is at risk because of the events of 2018
when bitcoin prices were dumped, which before 2017 bitcoin rise to $ 19k. People who experience this loss spread the
information that bitcoin investments are at risk. Even though the reality is bitcoin relatively safe for investment if we can buy
at low prices.

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Quote from: cryptothreads on March 27, 2020, 09:08:04 PM

Quote from: barbara44 on March 27, 2020, 03:22:37 PM

Bitcoin is still volatile, I know that it does look like stock markets volatility made bitcoin look like less volatile because we got rid of the bad moments a lot easier, however that doesn't change the fact that on regular days we were a lot more volatile. Think about this summer for example, when stock market was normal and nothing happened, regular ups and downs here and there, a good economy, bitcoin was going up and down like crazy.

So, bitcoin could be considered something you can buy during the bad times because it will not be affected as much as other stuff but at the same time on regular days it is volatile more than anything else. However, it is that volatility that helps us get that profit, if you do not want volatility go invest into gold.

When the Bicoin price dropped, it was a great opportunity for me to invest, but only used a few assets to participate because the crypto market was very volatile and could quickly collapse due to bad news.

I will still choose to invest but will sell when it is profitable because Bitcoin is currently being manipulated by others. Of course, not only Bitcoin but all altcoins in this market are clearly manipulated and depend on the price of Bitcoin.

Many people think that the bitcoin is a risky thing because we are need to make the investment to make more earnings but this is the reality too because it is a risk but still, it depends on the level of the risk of yours if you want to wage a huge market there is a chance that you will get a huge market income too but if you want to play safe it is good too but the difference is you do not lose too much money also you do not get a too huge amount of profit still it depends on the people how to they make an income because no one can sure about the volatile market still it is our choice to make more income or profit. Also one of the good investment is the gold because this is one of the primary sources of the money today and the bitcoin is just secondary it is good if we made both investments to make more profit.

cryptothreads

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Quote from: barbara44 on March 27, 2020, 03:22:37 PM

Bitcoin is still volatile, I know that it does look like stock markets volatility made bitcoin look like less volatile because we got rid of the bad moments a lot easier, however that doesn't change the fact that on regular days we were a lot more volatile. Think about this summer for example, when stock market was normal and nothing happened, regular ups and downs here and there, a good economy, bitcoin was going up and down like crazy.

So, bitcoin could be considered something you can buy during the bad times because it will not be affected as much as other stuff but at the same time on regular days it is volatile more than anything else. However, it is that volatility that helps us get that profit, if you do not want volatility go invest into gold.

When the Bicoin price dropped, it was a great opportunity for me to invest, but only used a few assets to participate because the crypto market was very volatile and could quickly collapse due to bad news.

I will still choose to invest but will sell when it is profitable because Bitcoin is currently being manipulated by others. Of course, not only Bitcoin but all altcoins in this market are clearly manipulated and depend on the price of Bitcoin.

jhonjhon

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Nah, I hope people should have to think about it before entering into the crypto world.
I know a lot of people might be wondering what people are doing in the crypto investment and how real it is. Many were asking how it generates money and how quick it is and many were saying to easy but in reality, its a kinda difficult to make it especially during the bear season.

Topic: Bitcoin is not as risky as many think. - page 6. (Read 1059 times)