Just want to see a general consensus of how risky investing in Bitcoin here is in this point of time. Me? I feel it's on the verge of being hardly risky at all. So my answer is a little risky. I know, controversial poll but oh well.
I choose on still very risky, although people believed that bitcoin price can increased more, but i think it can be dumped anytime agai. Or maybe if have a lot of capital, people can split and then save the rest for back up if bitcoin price dump lower again. It is safer way to buy coin that already this high. 
Topic: How risky do you feel investing in Bitcoin is in this point of time? (Read 297 times)
May 02, 2021, 04:43:50 PM
I'm a very short-term trading type, they call it scalping, I have to quickly make decisions with the direction of the trend up, take some small profits, but it's pretty much done many times, it's quite risky because it could have missed the train to the moon as I tried to leave for a while.
Those who have just entered the world of trading, hoping to soon get a 100% profit in the absence of effective prequel make them will immediately sell losses, while those who hold for a long time will get the profit as they want.
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If you expect the price to at least double itself this year, I think it is a risky investment for now. Because many people have an expectation like that but the price could go directly the opposite way also. But if your aim is HODLing for years maybe, then you can go for it. But for short-term investors, it seems really risky now.
Those who have just entered the world of trading, hoping to soon get a 100% profit in the absence of effective prequel make them will immediately sell losses, while those who hold for a long time will get the profit as they want.
[moderator's note: consecutive posts merged]
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May 02, 2021, 04:32:41 PM
Bitcoin already has been proved that it is a safe haven, It is the only one currency which is remained strong and growing like unstoppable during the biggest epidemic covid-19, Bitcoin has given everyone a glimmer of hope when the world economy is in recession, when one third of the people in the USA are unemployed during covid-19 issue. I have enough faith in Bitcoin and I think it is safe to invest in it.
May 02, 2021, 04:01:08 PM
Just want to see a general consensus of how risky investing in Bitcoin here is in this point of time. Me? I feel it's on the verge of being hardly risky at all. So my answer is a little risky. I know, controversial poll but oh well.
Investing long term almost has no risk at all, But it is not the best time to invest in bitcoin either, Still, you could easily see the chart of bitcoin and it reaches a higher market cap in just a short amount of time
If you have diamond hands in bitcoin you could guarantee a profit in the future, but it's not easy to hold for years just like what people do in the past years, all of the people are already millionaires or billionaires these days.
You might want to just forget about that investment especially if you not used to it because most people are selling their bitcoin when they experience a high percentage drop especially if your a bigger that could easily cost panic for most of the people so the market price could continue to drop its market price.
May 02, 2021, 03:22:42 PM
In my opinion, any investment is always a risk by definition. The whole question is what kind of funds you invest and what is their origin. If people who take loans and with these funds try to buy cryptocurrency and then are left with nothing and even with a loan, there are those who invest free funds and do it for a long time. For example, those who made long-term investments in 2016 - and are still sitting and waiting - have already made huge profits.
May 02, 2021, 03:11:22 PM
I think it would mostly depend on your knowledge when it comes to bitcoin. If you are always updated on the news and the rumors about it, you might end up considering it a little risky or a very risky one. If you only go with the flow most of the time, as you see the value of bitcoin increasing continuously amidst seeing it go down for a bit, you will still consider it a bit risky. In general, bitcoin will always be risky, doesn't matter how high or low, investing or trading in bitcoin is a risk. Anything can happen the next day or week or month so it would be best if you stay on guard when it comes to your investment.
May 02, 2021, 02:45:19 PM
Risky if you don't have plans to hold it for a very long time.
You have a hint per year by year in the history of bitcoin. If it's extremely risky then the institutions won't put hundreds of millions on it which has been published by the media.
Those huge sums of money are being put into risk and they know that risk will be rewarded someday, I think they're not really that long term as most of the people here.
You have a hint per year by year in the history of bitcoin. If it's extremely risky then the institutions won't put hundreds of millions on it which has been published by the media.
Those huge sums of money are being put into risk and they know that risk will be rewarded someday, I think they're not really that long term as most of the people here.
May 02, 2021, 02:26:59 PM
Bitcoin is a very volatile asset so there are risk if you want to invest here. But I do agree with some opinion that in the long term, investing in bitcoin carries almost no risk of loss due to its ever-increasing price. If the investment is carried out in the short term, of course, the risk of loss will be more visible because price correction can't be prevented.
But you should also know that anything can change in this world, and neither of us can confirm the future of bitcoin today. Bitcoin is moving forward, we must always be with it. A temporary option is to invest with capital that you can accept when you lose.
But you should also know that anything can change in this world, and neither of us can confirm the future of bitcoin today. Bitcoin is moving forward, we must always be with it. A temporary option is to invest with capital that you can accept when you lose.
May 02, 2021, 02:12:05 PM
Investing in bitcoin is basically one of the investments that is classified as high risk because the price is very volatile, but the risk depends on each of us according to what role we play, as for me if we already have extensive experience and knowledge I consider investing in bitcoin is the same as investing in general.
May 02, 2021, 12:27:25 PM
Since December 2020, Bitcoin has enjoyed a theatreof dramatic ups and down.
16 December 2020 Price hits $20k for the first time.
3 January 2021 Above $34k
9 February 2021 $48k
21 February 2021 hits $58,354
23 February 2021 Falls to $44,845. Falling 18% a day.
13 March 2021 New record $61,701
13 April 2021 $63,375
18 April 2021 Falling 25% to $55k
19 April 2021 56k
24 April 2021 Down to $49,730
26 April 2021 $55k
28 April 2021 $53k
29 April 2021 $57k
So investing in Bitcoin is risky at every moment...
16 December 2020 Price hits $20k for the first time.
3 January 2021 Above $34k
9 February 2021 $48k
21 February 2021 hits $58,354
23 February 2021 Falls to $44,845. Falling 18% a day.
13 March 2021 New record $61,701
13 April 2021 $63,375
18 April 2021 Falling 25% to $55k
19 April 2021 56k
24 April 2021 Down to $49,730
26 April 2021 $55k
28 April 2021 $53k
29 April 2021 $57k
So investing in Bitcoin is risky at every moment...
May 02, 2021, 11:47:07 AM
If you are investing short term, its risky.
If you are investing until the end of the year its less risky if you are able to realise
your profit at your choice time.
It sure is an risky investment when your investing for the short term and even when you are looking for the long term then i would say this is not the right time if you are looking for the long term as well because for every investment the basic principle is to invest when the market is on a correction phase and then have the patience till the market recovers.If you are investing until the end of the year its less risky if you are able to realise
your profit at your choice time.
If you are investing in a bull market thinking that you are proudly going to hold for the long term then it is not smart investment and hence i would say it is somewhat risky to invest now.
May 02, 2021, 11:31:38 AM
every investment, there is always a risk in it. depending on the level of risk it tends to be greater or less. or even comparable to the income generated. in the world of investing that risk sentence remains. so regardless of the level of risk of investing in Bitcoin, it depends on how a person manages well what he invests. all have a level of risk based on the magnitude of interest and future growth.
May 02, 2021, 11:12:49 AM
if we talk about the actual risks everything we do also all have risks.
no exception with investing money, the risk is enormous because if you do not really understand about the existing system you can lose your money in the blink of an eye. bitcoin is also like that I think the risk is very big if we don't know how it works.
but if we have started to understand the current system and fundamentals, it does not apply because if we understand bitcoin now I think it has a low risk with a very large profit ratio.
so I have no doubts about this bitcoin for now
no exception with investing money, the risk is enormous because if you do not really understand about the existing system you can lose your money in the blink of an eye. bitcoin is also like that I think the risk is very big if we don't know how it works.
but if we have started to understand the current system and fundamentals, it does not apply because if we understand bitcoin now I think it has a low risk with a very large profit ratio.
so I have no doubts about this bitcoin for now
May 02, 2021, 10:33:36 AM
Not really that risky. Especially when you're planning a long term holding/investment in Bitcoin.
As you can see, there are still a lot of bullish predictions and news about Bitcoin reaching 6 digit figures and even 7 digit figure.
Some might think just like you where Bitcoin might be on the verge of falling just because it has rapidly grow since last year.
Imo, Bitcoin is far from the peak and not much to worry about If you're holding for long term.
As you can see, there are still a lot of bullish predictions and news about Bitcoin reaching 6 digit figures and even 7 digit figure.
Some might think just like you where Bitcoin might be on the verge of falling just because it has rapidly grow since last year.
Imo, Bitcoin is far from the peak and not much to worry about If you're holding for long term.
Think it's really important for people to identify the risks they're willing to take first, before identifying the asset or type of investment they're looking to gain exposure in.
I probably approached it from the wrong angle when I started out. Bitcoin was an experiment for me, but I risked a bit more than I should have by trying to switch entirely, I was lucky it worked out but even now with Bitcoin seeming less risky and more stable, I'm actually trying to reduce my risk by saving some in more traditional means... that may mean being as creative as setting up more pensions funds for other members of family, life insurance payments, etc.
It's much easier if you only live on your own and have no dependents. If that were my situation, I'd probably go 99% into Bitcoin for the long term and still cover my ass with some life insurance plans.
May 02, 2021, 10:32:38 AM
Very risky if your goal is for a short period of time and you just buy now where value is too high. If you buy now and hold for long term, then I think you can earn a lot from it, just have more patience. We are looking forward for more than $100k value of bitcoin this year or by next year. So holding bitcoin is really profitable. Also remember that you can't get profit if you don't invest and take the risk.
May 02, 2021, 10:13:20 AM
Just want to see a general consensus of how risky investing in Bitcoin here is in this point of time. Me? I feel it's on the verge of being hardly risky at all. So my answer is a little risky. I know, controversial poll but oh well.
If a person wants to invest and forget about it for, say, 5 years+, then investing now is probably not that risky. I think that the price will go down, but it will also go up afterwards, so over the course of years it's not very important to look for the lowest point. However, if it's a short-term or mid-term investment, the price can go 50% down easily anytime because it's still very high compared to what Bitcoin cost over most of its existence. So in that regard, buying high is a very risky decision. I think it's wise to wait will the bearish market hits, but it depends on the purpose. 
May 02, 2021, 09:53:14 AM
In order for someone to answer this question, he must first decide what his long-term goals and plans are.
I have been investing in bitcoin since 2014 and I have always viewed bitcoin as a long term and risky investment.
In these 7 years, bitcoin has had very big ups but also huge downs.
Still, I always had my long-term financial goal that I wanted to achieve and I was willing to take risks and wait as long as necessary.
In my attitude, nothing has changed even today, at this moment.
I will continue to invest in bitcoin and keep it in my wallet until I reach my long-term financial goals.
I see no reason why I should withdraw all funds too soon and give up my financial goals as long as there is a chance that bitcoin will continue to grow
I have been investing in bitcoin since 2014 and I have always viewed bitcoin as a long term and risky investment.
In these 7 years, bitcoin has had very big ups but also huge downs.
Still, I always had my long-term financial goal that I wanted to achieve and I was willing to take risks and wait as long as necessary.
In my attitude, nothing has changed even today, at this moment.
I will continue to invest in bitcoin and keep it in my wallet until I reach my long-term financial goals.
I see no reason why I should withdraw all funds too soon and give up my financial goals as long as there is a chance that bitcoin will continue to grow
May 02, 2021, 09:38:03 AM
If you have a balanced portfolio.. risk can be managed. Let's say you have solid investments in conservative investments like Gold and Silver and some money in fixed deposits, then a little investment into a high risk investment like Crypto currencies.. would be a good boost.
If you have to get in now, do it with very small amounts... because we are pushing to a new ATH now and it did recover a lot from a previous dip in the price. We might see a new ATH soon... but there are no guarantee for that.
Important thing is.... get your baited hook into the river... or you will never be able to catch the big fish.
If you have to get in now, do it with very small amounts... because we are pushing to a new ATH now and it did recover a lot from a previous dip in the price. We might see a new ATH soon... but there are no guarantee for that.
Important thing is.... get your baited hook into the river... or you will never be able to catch the big fish.
May 02, 2021, 09:22:41 AM
To be honest, I believe it depends on you time frame for investing. Even though we can never take away risk when it comes to investment let alone in Cryptocurrencies, so there will always be risk but if you are investing on Bitcoin for the long term and not to see if you can still make good profits from this current circle, Id say invest and enjoy the ride.
May 02, 2021, 08:40:53 AM
You have to qualify risky. Would you consider Bitcoin a risky investment if a week after buying it losses 40% of its value but grows 650% in 2 months' time?
I think it depends on your investment plan. If you are to invest in Bitcoin for a quick growth of your money, it is indeed very risky, but if you are planning to invest in Bitcoin long term, say, 5 years or 8 years, I guess it is hardly risky at all.
I think it depends on your investment plan. If you are to invest in Bitcoin for a quick growth of your money, it is indeed very risky, but if you are planning to invest in Bitcoin long term, say, 5 years or 8 years, I guess it is hardly risky at all.
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