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Topic: Bitcoin is not as risky as many think. - page 7. (Read 1059 times)

newbie
Activity: 1
Merit: 0
March 27, 2020, 03:49:29 PM
#38
Is a good topic
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hero member
Activity: 2534
Merit: 605
March 27, 2020, 03:22:37 PM
#37
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.
sr. member
Activity: 882
Merit: 253
March 27, 2020, 06:58:39 AM
#36
Riskier or not too risky, means the same thing in my view. We must admit that investing/trading Bitcoin is risky. Volatility, instability, trend & news affects, the government laws, hacker attacks, so on are the real factors to bring some risks. But yes, we don't need to be afraid of them. If we have sufficient knowledge and know the crypto market characteristics, those can be minimized.
It's still depend on in the person who investing in bitcoin what will his fate. Knowledge and experience about crypto market will surely a big factor how much risk will be if he will start in investing or trading. Risk is always there no matter what kind of investment and all we should have to do is minimize the risk and put the money that will surely gain in the end. Managing well our portfolio and continue to excel our knowledge. In the long run, Bitcoin is less risky than other cryptocurrency and it's the base of all of them. That why a lot of millionaires put their trust to the future currency.
member
Activity: 1302
Merit: 25
March 27, 2020, 10:09:17 AM
#36

What are your thoughts?


You can not seat and say it is risky while others are making money out of It. This is simple as it is. Every business venture isn't out of risk but people do it. So is a wise man that learns from the mistake of others. Learning is better than jumping into it.
hero member
Activity: 1316
Merit: 502
March 27, 2020, 09:25:51 AM
#35
Riskier or not too risky, means the same thing in my view. We must admit that investing/trading Bitcoin is risky. Volatility, instability, trend & news affects, the government laws, hacker attacks, so on are the real factors to bring some risks. But yes, we don't need to be afraid of them. If we have sufficient knowledge and know the crypto market characteristics, those can be minimized.
It's still depend on in the person who investing in bitcoin what will his fate. Knowledge and experience about crypto market will surely a big factor how much risk will be if he will start in investing or trading. Risk is always there no matter what kind of investment and all we should have to do is minimize the risk and put the money that will surely gain in the end. Managing well our portfolio and continue to excel our knowledge. In the long run, Bitcoin is less risky than other cryptocurrency and it's the base of all of them. That why a lot of millionaires put their trust to the future currency.
Agree, risk and profit are the two factors that create the balance of an investment, and when we consider bitcoin as an investment, it will definitely bring us risks, talking about risks, more or less, we are the only one who can determine that level because exactly as you say, investment requires skills and knowledge, combining many different factors. If we can accomplish those factors, the risk will be low and vice versa but in the end, it will still have risks, but at least bitcoin is actually a safer option than other options on the market with its stable volatility
full member
Activity: 1106
Merit: 166
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March 27, 2020, 09:04:26 AM
#34
When the asset value dropped 40% over night then it can't be called as safe investment so it is not a wonder many people thinks bitcoin is risky investment.But until now in long term bitcoin gives good profits for the believers not to the weak hands and it seems most of the bitcoin investors are weak hands and they entered into the market recently still wanted to make good reap from it.
full member
Activity: 1134
Merit: 103
March 27, 2020, 03:22:25 AM
#33
Riskier or not too risky, means the same thing in my view. We must admit that investing/trading Bitcoin is risky. Volatility, instability, trend & news affects, the government laws, hacker attacks, so on are the real factors to bring some risks. But yes, we don't need to be afraid of them. If we have sufficient knowledge and know the crypto market characteristics, those can be minimized.

Bitcoin investment is risky, but people who invested in Bitcoin should always wait for the recovery. Bitcoin is risky, volatility, but people who wait for the recovery are making some decent profit, every year we see some positive movements in terms of Bitcoin price movements, but for the people who grabbed the Bitcoin at low value are making profits.
sr. member
Activity: 896
Merit: 267
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March 27, 2020, 05:56:22 AM
#33
Riskier or not too risky, means the same thing in my view. We must admit that investing/trading Bitcoin is risky. Volatility, instability, trend & news affects, the government laws, hacker attacks, so on are the real factors to bring some risks. But yes, we don't need to be afraid of them. If we have sufficient knowledge and know the crypto market characteristics, those can be minimized.

Bitcoin investment is risky, but people who invested in Bitcoin should always wait for the recovery. Bitcoin is risky, volatility, but people who wait for the recovery are making some decent profit, every year we see some positive movements in terms of Bitcoin price movements, but for the people who grabbed the Bitcoin at low value are making profits.

Risk will always be present here inaide the crypto world, whatever you do it has risk but of course people take risk if they knew that the reward or possible profit will be worth it and that os one of the problems facing by people who are new here, they al2ays focus their description to bitcoin as very volatile or very risky which results to not trusting crypto and despite of the people who already have proven bitcoin is profitable, they still let their fear consume them but i know once they learn pruce movement and knew the history of bitcoin's market price they will surely invest in bitcoin.
hero member
Activity: 1722
Merit: 528
March 27, 2020, 03:46:36 AM
#32
Bitcoin investment is risky, but people who invested in Bitcoin should always wait for the recovery. Bitcoin is risky, volatility, but people who wait for the recovery are making some decent profit, every year we see some positive movements in terms of Bitcoin price movements, but for the people who grabbed the Bitcoin at low value are making profits.

So you are saying that the people that did not invest earlier would earn a profit?

Despite the truthfulness of that, I don't think we should really blame them. Every time, there would be a lot of people that would be new to dumps, that would be new to pumps and we can't say that they would not be having a profit since they could just study the market, use indicators and these days following other investors is also an option. They are just new to the market, that is all.
hero member
Activity: 2912
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March 27, 2020, 12:53:45 AM
#31
Bitcoin has a risk, and that is about the volatility of the price. But we can reduce the risk by searching for information about what will happen to bitcoin. Although we cannot know for sure, at least, we can make some strategy if bitcoin is not moving as what we think. If people can learn more about bitcoin, and they can gather much information, I am sure that they will not confuse, they can stay calm when bitcoin move to one point level price. But yes, bitcoin still unpredicted and we don't know how much bitcoin price will increase or decrease, so we need to be ready for any possibilities.
Bitcoin has always been risky ever since and no one can changed that but we can can manage to reduce the risk if we really want it too. I guess all investments have its own risks. But with bitcoin, if we start learning all its basics, gathering vast knowledge about how it works, then we will have an assurance that it will give us profits in the end.

Yes, that is the important thing that we should have before we invest in bitcoin. We should learn the basic of investing bitcoin and don't try to trade if we don't have skills and the right information because we will hard to make a profit. Many people buy bitcoin with rush without having enough information because they read on some websites that telling them to buy bitcoin right now no matter how much the price. That will not be the right decision because we need to observe the price first before we buy. After all, bitcoin has the volatility that we cannot predict.
hero member
Activity: 2072
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royalstarscasino.com
March 26, 2020, 06:43:14 PM
#30
Riskier or not too risky, means the same thing in my view. We must admit that investing/trading Bitcoin is risky. Volatility, instability, trend & news affects, the government laws, hacker attacks, so on are the real factors to bring some risks. But yes, we don't need to be afraid of them. If we have sufficient knowledge and know the crypto market characteristics, those can be minimized.
sr. member
Activity: 2828
Merit: 344
win lambo...
March 26, 2020, 06:26:13 PM
#29
People who are investing Bitcoin must have to think about its risk, losing and gaining is what would you end up. And unfortunately, a lot of people suffered losses with their investment because of the lack of knowledge and also they really don't understand how it works. Its volatility makes more people having doubtful questions in their minds when to buy, sell, and etc.

We should have to be reminded that we don't have any control over the market flow and anything will happen is all because of its volatility. And so we don't have to expect that everything will be in smooth and having a flawless market trend, its gonna be rough though.
sr. member
Activity: 2506
Merit: 368
March 26, 2020, 05:28:55 PM
#28
They may think it is risky because they all have been thinking that it would always go up but they never know what and how the market works that's why it is so volatile. For investment it is quite risky but worth it in the long run and is the best choice for storing as your own assets without having some third party to control it. But everything is always has it's own pros and cons so people should know everything about it first they consider investing on it.
full member
Activity: 202
Merit: 180
It's precious, protect it!
March 26, 2020, 04:10:38 PM
#27
For me, right now investing in Bitcoin is way better than any other type of investment ( stock, startup...). Because these days are very different compared to the last two years you can't real except continuous steady growth and daydream about the price flying like a rocket and also you can expect the price to drop significantly in few days. the huge price manipulation that was done in 2017 had given a totally wrong idea about cryptocurrencies since the price went flying to 20k and then started a continuous fast drop so many people were financially damaged and bitcoin was stamped as 'danger, keep out'.

That was one of the major events that influenced many views on bitcoin, such volatility is indeed very risky but probably won't happen ever again. maybe.
legendary
Activity: 3486
Merit: 1055
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March 26, 2020, 03:57:21 PM
#26
Safer and more profitable than other investments may be due to decentralization itself, because even though the price is not very stable and is very easy to change even just overnight it makes a profit and other opportunities for traders and investors themselves, because with prices that easily go up and down at least buy and sell can be done more effectively and of course as long as we are good at storing personal data such as the existing security system then our investment should remain safe but still all risks will always be there and we must be aware of that.
hero member
Activity: 2814
Merit: 576
March 26, 2020, 01:37:55 PM
#25
Bitcoin has a risk, and that is about the volatility of the price. But we can reduce the risk by searching for information about what will happen to bitcoin. Although we cannot know for sure, at least, we can make some strategy if bitcoin is not moving as what we think. If people can learn more about bitcoin, and they can gather much information, I am sure that they will not confuse, they can stay calm when bitcoin move to one point level price. But yes, bitcoin still unpredicted and we don't know how much bitcoin price will increase or decrease, so we need to be ready for any possibilities.
Bitcoin has always been risky ever since and no one can changed that but we can can manage to reduce the risk if we really want it too. I guess all investments have its own risks. But with bitcoin, if we start learning all its basics, gathering vast knowledge about how it works, then we will have an assurance that it will give us profits in the end.
sr. member
Activity: 1596
Merit: 335
March 26, 2020, 08:46:38 AM
#24
People who focus more on Bitcoin's risks are those who don't have enough knowledge about it. The reason why most crypto enthusiasts always advise us to learn everything about it is for us to know how to deal with its risks including its volatility. Bitcoin compared to other assets has its own characteristic which could affect us positively or negatively depending on our skills on how to deal with every market situation. If we'll have it as an investment, we should focus on its positive side.
full member
Activity: 1232
Merit: 186
March 26, 2020, 08:29:39 AM
#23
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’.
To be honest, this is true but the only problem is they treat btc very different among other assets available. They look at it as so risky and extremely dangerous which in contrary is just the same as risky as stock market or even a simple business. They tend to think that way probably because they're culture-shocked. They are too scared to try on something new — on something that majority are not dealing with. This is the sad reality so let's double our efforts to enlighten them regarding this new technology Smiley.
hero member
Activity: 1722
Merit: 528
March 26, 2020, 07:50:12 AM
#22
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?


I do agree that Bitcoin is risky.

But then again, that is one of the reasons why I invested in it the same as decentralization and anonymity. Gold is even said to be not that reliable, how much more is a volatile investment. Let them think what they want, they are the ones missing out. If we will be calculating the profits we had in the years we are here, it can show the profit we had and that will show them they are wrong.
sr. member
Activity: 1400
Merit: 269
March 26, 2020, 05:01:03 AM
#21
In risky and can have wild swings in the short term perspective, but if you're looking at it's potential and capabilities it's a safe asset to invest to in the long term perspective. Especially with trillions of dollars of quantitative easing, some fiat and stocks investors will venture will a decentralize safe haven that cannot be manipulated by the Fed or any central authority.
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