There's always a risk,there's no such thing as risk-free,you have to remember that.Now the thing is if the risk you take actually potentially can bring you more profit and therefore it would make more sense to put your cash at risk-so look at the return you can get on your risk-with BTC the return can be quite big so if you have cash that you don't use-it's a good idea to put it in BTC
That is true. Even savings accounts in banks have risks associated with it because in case of a bank closure, only a certain portion of your deposit will be insured. Same goes with other investments, especially those that have higher risks associated with them. With bitcoin, I think the risk is all worth it, given how it has performed very well, especially in the last few months.
That is why it is important that we have to investigate first or we are going to have some research on where we are going to invest our money, because just like what you have said, investing our money in the bank is also at risk because they could close their bank anytime if they get bankrupt or something. Being informative and always updated on the things where we invest our bitcoin is the best thing so far.
Like for example is when we invest our money on a online casinos, then we have read that, that certain casino will close due to a certain reason, of course we are going to withdraw our money for the safety purposes, and for our efforts and our the wait will be worth it.
