Topic: How risky do you feel investing in Bitcoin is in this point of time? - page 2. (Read 371 times)
May 02, 2021, 07:32:07 AM
Investing in bitcoin would be riskier if you are only planning for a short term investment, if you are also weak hands then that would be risky as well, some people who have weak hands are those who sell their bitcoin whenever they see a little down for the value of bitcoin and that is what makes them have a risky investment because of doubting bitcoin.
May 02, 2021, 07:17:42 AM
I don't think it's too risky. although bitcoin had dropped below $ 50k, but it could eventually go back up. it indicates that the bull run is still strong enough to continue the trend. the market also looks good. because not only bitcoin can maintain its value. altcoins are also good they are following the rally and are on the right track. that's why I don't think it's too risky right now.
Based on the trend of the day and a few days, the risk for investing in such trends would not be too high as bitcoin retains its value and creates milestones of hard support, in the face of these crashes, bitcoin still has plenty of energy to return, reasonable in investment can still make a profit with bitcoin but considering the long-term level, this is the risk due to the depletion of energy from the market. Looking back at the past of bitcoin is a way to help us become more wary, the few years of waiting to see bitcoin as it is now is too long, I do not want to continue such a journey, it is safe to join altcoin 
May 02, 2021, 05:29:43 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.
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.
May 02, 2021, 04:31:14 AM
investing in bitcoin will definitely be at risk such as the decline in bitcoin prices and losing your bitcoin because it is stolen by someone else. bitcoin can go up and down because traders use bitcoin to be traded on the crypto market, this is what causes the price of bitcoin to never be stable. Bitcoin wallets were stolen by hackers because they were not careful in creating passwords or were not careful in storing bitcoins in a secure wallet.
May 02, 2021, 03:51:06 AM
I don't think it's too risky. although bitcoin had dropped below $ 50k, but it could eventually go back up. it indicates that the bull run is still strong enough to continue the trend. the market also looks good. because not only bitcoin can maintain its value. altcoins are also good they are following the rally and are on the right track. that's why I don't think it's too risky right now.
May 02, 2021, 03:24:54 AM
I would love to know how you define price of Bitcoin as low risk. I like using fuzzy logic and polls with enough interaction may give something to consider, but I also like to go into details.
I find the current prices of almost all cryptocurrencies being too risky. Bitcoin is treated differently from the rest, so I'm just thinking our strategies should always contain 50% in bitcoin as this could save our portfolio from trouble later. To answer your question, there is huge risk, but also opportunities. I am not going to buy and hodl for long term for the time being, but I'm going to trade the swings. There is a lot of trading and the dips offer some good percentages.
I find the current prices of almost all cryptocurrencies being too risky. Bitcoin is treated differently from the rest, so I'm just thinking our strategies should always contain 50% in bitcoin as this could save our portfolio from trouble later. To answer your question, there is huge risk, but also opportunities. I am not going to buy and hodl for long term for the time being, but I'm going to trade the swings. There is a lot of trading and the dips offer some good percentages.
May 02, 2021, 03:21:58 AM
I voted Somewhat Risky purely because we cannot predict the future.
As per @mk4 and @jackg we are still in a bull market eventhough we have had
a sizeable pull back from the ATH. That ATH can and will be replaced with a NATH,
but when? This week, this month or next?
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.
If you are getting in for long term (years) the outlook is less risky but anything
can happen, i.e Black Swan Event
As per @mk4 and @jackg we are still in a bull market eventhough we have had
a sizeable pull back from the ATH. That ATH can and will be replaced with a NATH,
but when? This week, this month or next?
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.
If you are getting in for long term (years) the outlook is less risky but anything
can happen, i.e Black Swan Event
May 02, 2021, 03:11:00 AM
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.
May 02, 2021, 02:56:27 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.
Bitcoin investment is like an entrepreneur investment anything can occur during the process of investing, the risk measure determine through the format used during the investment, so the the possibility of getting profit and the possibility of getting lost is proportional to an investor, having this at mind that investment is made up of risk which is profit and lost. May 02, 2021, 02:02:43 AM
It's only risky if you have a short-mid term time frame. As we all know, bitcoin and cryptocurrencies have this tendency of dropping huge amounts in price. But if you look at the long-term charts, it's pretty much in an uptrend. Hence why it's a frequent recommendation to only invest money into bitcoin, with money that you wouldn't need for a while.
I agree only invest the money that is not needed. Even though Bitcoin is on an uptrend on its chart, we never know what lies ahead. We should always consider the risk and the possible popping of the Bitcoin bubble (if some critics are correct that Bitcoin is just a bubble). If that happens at least he only invested the money that he has not needed and won't affect his life badly.
May 02, 2021, 01:44:40 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.
The price is recovering so its risky to invest at this time. However the risk actually depends on your plan if you're going to hold it for short or long period. For a long term hodler the current price doesnt matter because in the long run it will increase further. However you need to have lots of patience in order to wait for the right time because its not going to be easy to bear the roller coaster ride of bitcoin. But as long as you're going to use a capital that is not meant for important things then its not a problem. Those investors who likely to panic sell are either cant stand seeing the price going down or invested a money they already need. So before you invest have a plan and know your goal. 
May 02, 2021, 01:31:51 AM
Every investment is risky especially that cryptocurrencies are very volatile in nature in the market.
That's the reason why studying it first before engaging on it is a must so that we can somehow increase our confidence or our decision making in a bitcoin investment.
Some newbies are greedy enough to risk their money because they believe that bitcoin is an easy money and profitable in the market without knowing the existence of bullish and bearish market.
That's the reason why studying it first before engaging on it is a must so that we can somehow increase our confidence or our decision making in a bitcoin investment.
Some newbies are greedy enough to risk their money because they believe that bitcoin is an easy money and profitable in the market without knowing the existence of bullish and bearish market.
May 02, 2021, 01:28:23 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.
What Risk?
The Price of Bitcoin is going to Infinity.
You just have to wait for it,
May 02, 2021, 01:25:49 AM
I think investing in Bitcoin is risky in the short term because you may not be able to pay back when you need to sell your investment to use the money for the purpose it needs.
In the long term, Bitcoin investing is at low risk because Bitcoin's value grows well. We can verify that through the Bitcoin chart from 2010 to the present.
In the long term, Bitcoin investing is at low risk because Bitcoin's value grows well. We can verify that through the Bitcoin chart from 2010 to the present.
May 02, 2021, 01:17:35 AM
This risk of investing in bitcoin can be minimized by you, that is you properly invest at the right time and with the right amount in that way you avoid taking a high risk and reduce overburden if the market goes against you.
May 02, 2021, 12:24:49 AM
If you are investing money that you don't need and don't mind waiting for a couple of years, I would say that buying BTC at these levels is hardly risky at all, but if you are into it for a quick profit, then it's very risky.
In my opinion, best way to invest in BTC is to use dollar cost average method, so that you don't have to think about timing the market because as newbie chances that you will do that properly are slim.
In my opinion, best way to invest in BTC is to use dollar cost average method, so that you don't have to think about timing the market because as newbie chances that you will do that properly are slim.
May 02, 2021, 12:10:28 AM
Bitcoin is sound, verifiable and immutable money. One does not have to depend on the policies of banks or governments and also gets to enjoy a certain amount of privacy. Neglecting price fluctuations, it is almost risky NOT to hold any bitcoins at this point in time as it has all the potentials to become the currency of the future, when you put the fluctuations into consideration, it backs up that point, as it's almost always rising.
For now though, the consensus is; only hold what you can afford to lose
For now though, the consensus is; only hold what you can afford to lose
Interestingly, according to current banking and financial standards, investing in Bitcoin is extremely risky.
The same standards would encourage one to hold fiat which has been dropping in value for quite a period of time now as opposed to Bitcoin which has always had an upward trajectory (when you consider the entire chart).
May 02, 2021, 12:05:40 AM
Somewhat risky. It depends on the timeframe your investment can last, most long term investments of up to 2-3 years actually profit, while 1 year investments would still hit that 50/50 chance of actually hitting it off or losing profit. I myself just invest around $10, $20 every month, and just well, wait it out. I'm at half a year now and have had some profits but since the investment was low, the profit was low as well but hey I'd take anything. Day traders have the most risk imo since the market is well known to be very volatile, so your money could may as well just disappear in a blink of an eye, so that option is VERY risky.
May 02, 2021, 12:00:44 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.
I have almost no risk at all, I trade with very free money, get it from the results of the campaign, trading casually is my happiness, Once doing scalping it scares me.
If you are using free money to invest in bitcoin and trade, then you have no tension because even if you lose the money, you know it was not your hard earned money. OP is asking for those people who want to buy bitcoin at current levels above 55K with their fiat money. Its always scary to buy bitcoin now because when you look at the past few months and thought you could have bought bitcoin at 20K, 30K, 40K but didn't buy.
the ones who had free money are the ones who joined the signature campaigns like us. the ones who actually invest thru p2p with their own money are feeling the risk when were lured to invest near the peak of BTC price. these are newbies in crypto, if they see the price dips over $1K a day, they tend to panic and sell. lose amount and then after seeing the price went up again they buy.
May 01, 2021, 11:59:02 PM
Interestingly, according to current banking and financial standards, investing in Bitcoin is extremely risky. I will not go so far as to say that it has no risk, because no investment has 0 risk, what it has is short-term volatility. Therefore I voted somewhat risky, always understanding it as a long term investment.
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