Bitcoin risky? It actually feels very, very safe to own Bitcoin right now :)

Oscoda

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Quote from: Wapinter on April 14, 2016, 04:29:12 PM

Quote from: talkbitcoin on February 18, 2016, 01:21:14 AM

i think it is still risky to own bitcoin, but the risk is lower now since the market has been more stable and as we go forward this risk becomes lower and lower.

How can owning a bitcoin be risky when price is $400+ ? You can say that buying a bitcoin is risky because you never know when price go down but owning bitcoin can never be risky from monetary point of view

Well you never know what is gonna happen with the price of course but I do also not call the bitcoin risky because compared with every stockings it has risks.
The bitcoin is now a sort of stable, its of course not stable stable but I think there is more a chance it will be stable and better than it will collapse.

The Sceptical Chymist

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Safe, my fat black pimply ass. Once folks realize the halving has been priced in and we're not moonbound this year, everyone is going to dump moondollars onto the market and crash it. This range we've been stuck in is lulling everyone into a false sense of security.

Wapinter

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Quote from: talkbitcoin on February 18, 2016, 01:21:14 AM

i think it is still risky to own bitcoin, but the risk is lower now since the market has been more stable and as we go forward this risk becomes lower and lower.

How can owning a bitcoin be risky when price is $400+ ? You can say that buying a bitcoin is risky because you never know when price go down but owning bitcoin can never be risky from monetary point of view

rekinthis

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i also think that it is safe, it won't go down, and it will go up only, there was no price drops few months, only pumps and dumps, so i recomend everyone to buy bitcoins now

7Priest7

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it feels very safe for me now too, it's not really riski lways, but now it's very very safe to buy them, because price will rise later for sure, if you buy for 400$ now you may sell them for 800$ later

sishendaoye

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Bitcoin is ofcourse risky. But that is normal it is a currency that it is always changing, so you never know what can happen later.
But if you can see now you see that the value is now rising slowly and that is very good for those who made an investment.

2legit2

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It feels very safe for me at this moment, price is 430$ and it's going up, also halving won't drop price of bitcoins for sure, so feels safe for me

jod_doj

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to be honest i feel kinda safe when it comes to holding bitcoin, i mean sooner or later its price is going to rise to the sky because of the mass adoption

Pursuer

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I agree that owning bitcoin nowadays is not as risky as it was a year ago since it was just going down overall. but in the past few months from back when price was pretty stable at $230 until now bitcoin had a very solid steady overall growth until it reached $400 today.
looking at the charts the risk of losing money long term is so low these days unless you are staring at the price 24 hours a day, you will find yourself with profit over time.

trickshot22

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yes, it feels very stable right now, so if you have some spare money, just buy most as you can

talkbitcoin

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All I know is that I know nothing.

i think it is still risky to own bitcoin, but the risk is lower now since the market has been more stable and as we go forward this risk becomes lower and lower.

Pattart

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Quote from: 2legit2 on February 14, 2016, 08:52:19 AM

There's always a small risk to have bitcoins, but if you buy them to sell them later for higher price then they're pretty safe

its not small risk dude. You can lose up to 30% of investments in one day, the bitcoin price is very volatile you know

romero121

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Feeling something is risky won't let you have a complete trust, Just because of the increase in the price over these days we can't judge its safe to own bitcoin now.

crairezx20

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I think for now bitcoin is safe and i think it increase more sooner. Just be patience there's no reason that the value of bitcoin will going down untill below 300 that's impossible and i believe in bitcoin and it has a great future...

The Sceptical Chymist

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Safe my pimply white ass. The volatility is just incredible. It's breathtaking. If you want out of the stock market and are fleeing to safe investments, shit like precious metals is the way to go but even those can be volatile. But I think gold & silver have been beaten down so much that it's probably a good buying opportunity right now.

I definitely don't think bitcoin is a "safe" investment. I think it's pretty risky.

K128kevin2

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Quote from: bitpump on January 07, 2016, 02:08:04 AM

Bitcoin risky? It actually feels very, very safe to own Bitcoin right now

Some more thoughts:
https://www.reddit.com/r/Bitcoin/comments/3zmc53/i_am_becoming_convinced_that_were_headed_for_a/
https://www.reddit.com/r/Bitcoin/comments/3zthbr/bitcoin_crashing_up_stock_market_crashing_down/
https://www.reddit.com/r/Bitcoin/comments/3ztirs/i_dont_usually_do_short_term_price_predictions_but/

TBH I think it's naive to ever think it's safe to own bitcoin. It is completely normal for bitcoin to be stable for a period of time and then have sudden, drastic changes in price with very little warning. This pattern seems to recur consistently. I wouldn't be so sure a bitcoin investment is safe based on the price being relatively stable for a couple months or so.

vendetahome

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it always feels riskyto have some bitcoins, becouse you can loose everything in days, but risk of that is small, so you can buy!

busybee7

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yup it is safe, price won't fall soon, and it will rise more and more each week, so i think it's perfecttime to buy now, no risk

sishendaoye

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Quote from: denam on January 07, 2016, 01:17:35 PM

Bitcoin is not risky anymore.It is safer investment opportunity for everyone.Price will go much more higher by the end of this year and will explode in couple of years.

I disagree the bitcoin is still very risky, the bitcoin has never been stable and also very unpredictable so everything can happen. The price will go to a high amount when the halving has been done but it can collapse for sure by it, the bitcoin is just very unstable.

Wapinter

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I was also thinking the same while reading newspaper I saw gold prices going up that is there any correlation between gold and bitcoin price? why is it when one raise,other also tend to raise?

Topic: Bitcoin risky? It actually feels very, very safe to own Bitcoin right now :) (Read 3692 times)