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 371 times)
May 02, 2021, 03:43:50 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.
[moderator's note: consecutive posts merged]
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, 03:32:41 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, 03:01:08 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, 02:22:42 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, 02:11:22 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, 01:45:19 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, 01:26:59 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, 01:12:05 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, 11:27:25 AM
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, 10:47:07 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, 10:31:38 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, 10:12:49 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, 09:33:36 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, 09:32:38 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, 09:13:20 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, 08:53:14 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, 08:38:03 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, 08:22:41 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, 07:40:53 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.
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.
May 01, 2021, 11:43:44 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.
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.
May 01, 2021, 11:36:02 PM
The answer mostly depends on one easy fact, what are you investing with (life's savings, back up money etc.) and when are you entering into the market? Do you have multiple entry points for buying for example, whether you bought at 20k, 25k, 30k, 40 etc! This will decide your safety for the break even point and it would be average price of your entry points.
If you are buying with extra stash lying around, if you have already bought and want to enter again then its completely fine. Moreover, you should always keep up the investment for long terms so that you can book good profits in the near future. So risky or less risky depends on various bullet points.
If you are buying with extra stash lying around, if you have already bought and want to enter again then its completely fine. Moreover, you should always keep up the investment for long terms so that you can book good profits in the near future. So risky or less risky depends on various bullet points.
May 01, 2021, 11:33:50 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.
Investment, how long is the time you want to keep your investment opens?It is not only about Bitcoin investment, in this time or any time, but also about any different investment.
You have to be clear that how long you want to keep your investment opens. It will decide your exit time, exit price and risk management. If you don't have clear scheduled investment and risk management, you will easily to be panic, uncertain and make bad decisions.
Emotions, mentality are very important for investors that partially will be decided by your investment plan.
Bitcoin investment at this time, risky or not? Yes and No, the answer will depend on above factors.
May 01, 2021, 11:15:58 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.
If depends upon for long long you want to invest in bitcoin. If you want to invest for short term, it may be risky to buy bitcoin over 57K now as bitcoin is near its resistance and may dump from here. On the other hand if you want to invest in bitcoin for a long period of 2- 4 years, then you can buy bitcoin now at any price and you would still be in a good profit after few years. 
May 01, 2021, 11:04:56 PM
This week and potentially this month are quite an optimistic time to invest. We're below the ath and have a good chance (in my opinion, at some point) of breaking through it - potentially soon.
If you're planning on holding for a while too there's even more of a benefit to investing now, once news articles start getting heavily interested in bitcoin I'd say you might want to consider selling back to regain your initial capital as a crash could be over the horizon.
If you're planning on holding for a while too there's even more of a benefit to investing now, once news articles start getting heavily interested in bitcoin I'd say you might want to consider selling back to regain your initial capital as a crash could be over the horizon.
May 01, 2021, 10:56:53 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.
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.
May 01, 2021, 10:52:00 PM
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.
May 01, 2021, 10:49:15 PM
Bitcoin is as of yet not a 'safe haven asset', so there's always going to be risks, but what I noticed this year is that for quite some people their risk concern dropped considerably due to the influx of institutional investors, as well as Bitcoin being almost totally resistant to the effects of the covid-19 pandemic; thus from a general view point, I think more people now believe in the network (thus, less risk concerns), and possibly Bitcoin could soon become resistant to spontaneous plunges/'transition' to bear market, this of course doesn't mean there wouldn't be price corrections like we've been experiencing.
Having said that, notwithstanding how one feels about investing atm, "what you can afford to lose" is an axiom that should not be forgotten, by overriding that rule of thumb, you're already making things a little bit more risky for yourself.
Having said that, notwithstanding how one feels about investing atm, "what you can afford to lose" is an axiom that should not be forgotten, by overriding that rule of thumb, you're already making things a little bit more risky for yourself.
May 01, 2021, 10:34:25 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.
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