Topic: Is Bitcoin really risky as they say? (Read 1467 times)

Many people say that investing in BTC is of course very risky and indeed investing in BTC is very risky, even in any business world it is certainly very risky, but when we invest in BTC the risk is very high because the price fluctuates and is difficult to predict.

Of course, everyone has various reasons for investing in BTC, namely there are those who want to use BTC as a store of value and in some countries, BTC is used for payments, etc., but what I know is that many people invest in BTC because they see the potential for a bright future, of course. btc has the potential to be very expensive in the future.

This forum is really good and I have also been helped a lot by this forum, especially in matters relating to crypto.

When someone has no knowledge, it doesn't make sense that he tries to invest or trade Bitcoin. How he can do it properly if he has no knowledge? He must do it by guessing. This is absolutely the wrong way, it probably ends up with losses. Sure, everyone who wants to invest/trade in Bitcoin, must ensure that he has sufficient knowledge. We must realize that investing/trading in Bitcoin basically is a high risk due to its price volatility. It will be riskier if we have no proper knowledge. So, having knowledge and understanding it well, must be an absolute requirement before someone starts trading or investing in Bitcoin.

Bitcoin is very risky that I'll advice anyone who have no knowledge about it first not to risk put money in it, what makes bitcoin easy for people is when they really understands it. So before you start investing in Bitcoin you have to make sure that their is an understanding of bitcoin,  going into bitcoin without any understanding is a risks that one can end up unprofitable,  understanding the market is what every  investor should be aware of.

Which in essence, no investment is safe. Every investment has its own risks that we need to study and be aware of.

For example, investing in shares simply means putting a certain amount of money into the company we choose. One of the risks of investing in shares is that the company could go bankrupt. Investing in BTC simply means we hold digital money. The risk of BTC is lost or hacked and has high volatility. Likewise, if we invest in mutual funds, we give money to the investment manager. The risk with mutual funds is that investment managers could commit fraud or make mistakes in choosing investment instruments.

Basically, every investment has its own risks, so you should first understand the investment instrument before investing. But if you ask which is better for the future, of course bitcoin.

We've already figured out what BTC really is. Now, the purpose varies on the person if you'll see it as something very risky at all and your money won't be safe.

That's what people think of what risky is. Before it was all about the thoughts of being scam and now we're done with that era as everybody has accepted it already.

In fact, if BTC feels safe, it is safe. but if you often worry about investing with the fear of loss in mind, anxiety will always come. This is where it is important to read and find out first what BTC really is specifically for those who want to start investing when they have entered and keep pressing the gas.

Indeed, Bitcoin is a volatile asset, but that doesn't make it risky to invest in, if you think Bitcoin is risky, then try Altcoins. Bitcoin in my opinion is the safest asset to invest in irrespective of it's volatile nature,, because no matter how much Bitcoin dips in its price, it always comes back up and reach for hight heights so if you keep holding, even  during the dips, you'll see that Bitcoin is a safe haven compared to other crypto assets.

The volatility that can be seen is the one that's being looked upon for being risky. You're right.

It's not risky because it is a risky project, it is risky because just like any other assets and investments, all of them have risk and that's what people should look at when it's about the risk assessment they do for Bitcoin.

While those that have no knowledge about investments and bitcoin per se, they're at the risk as well for not knowing a thing or two for what they do.

Looking at the Bitcoin price performance, the high volatility plus impatience is the reason why people call Bitcoin investment risky.  But if we look at the chart one part in the cycle, Bitcoin is able to recover and even give profit to people who had invested on the previous cycle.  With patience, I do not think Bitcoin is a high risk investment, Bitcoin price records is the solid proof of it.


People who considered Bitcoin is extremely risky is not updated about the Bitcoin market.  Bitcoin had already have a deep foundation and high liquidity market.  It maybe highly volatile but those who are versed in the market can easily profit from it by having patience and reading the market movement through integrating TA and FA.  If one bought at the peak in the previous cycle, they only need to have patience and wait for Bitcoin to break its ATH to gain profit.  In the current Bitcoin behavior, patience is the key to minimize risk in Bitcoin investment.

All investment is risky mate. And being an online investment is not something that people should be scared of. I believe people make use of online banks and register their details in online why dont they feel it is risky? Using online as a point of not investing in bitcoin is not a valid reason. I think they are scared of the investments because of the information's about scams and all that. If not no one who will be aware of Bitcoin investment after learning that will not want to invest especially when they have the finance to start it. I am sure about that.

However, i feel people should get the conviction first, yes bitcoin is risky and that's the simple truth. But it should it did not stop so many persons to not invest in it. For instance driving a car is risky as well because someone may drive recklessly and an accident may occur unknowingly yet people dream of having cars and all that. The ideal should be focusing on learning about bitcoin before having conclusion if after learning about it there is no conviction to start investing in it, then they should not invest either. Its a matter of choice and not everyone is expected to be a Bitcoin investor.

Is not that's Bitcoin is a risky project to invest in but it is because the market is very volatile which can be make price to shift away from the point we bought it to the opposite trend. Those who does not understand the market can get confused and invest in the market at the wrong time and unfortunately they could sell their holdings and end up losing in the market. It is good for us to have a solid understanding about how the market works which is going to guide every of our actions and make us to make profits from the market.

The reason why many people view bitcoin as a risky investment is that it is an online and untouchable investment, and when an investment becomes online you have to be careful because of being scammed. Bitcoin is not that risky, despite what some people have said, and there is no other investment that is not risky, even the business we did today has risky. For investors who know their business, bitcoin can be a very profitable venture. However, some view it as a risky investment due to its volatile price; some buyers will purchase coins and then sell them for less than they had anticipated.

People who claim that bitcoin is extremely risky are not far from the truth. Without mentioning that many people will not value their bitcoin, some will not secure it, and some will even misplace their private key, many newly introduced to bitcoin should always be informed that bitcoin is extremely risky so that they will value what they have. After all, purchasing bitcoin with large sums of money and then falling victim to fraud or misplacing your private key is not a good idea.

Right, as long as it is an asset that's volatile then the risk can't be taken away. And with Bitcoin, it's more than just a P2P method and transfer that we can do because it's more used as an investment or store of value than a payment method.

This is in general for majority investments. There's a greater risk when you don't know what you come up with.

Bitcoin is less risky among all the type of investment we have in cryptocurrency. Bitcoin is the father of all because it's the only coin that is stand alone, it doesn't depend on other coins to function but if there is a large attempt of scams, the FUD does affect it sometimes but it is still better because when altcoin makes bitcoin to bleed, if you check that altcoin to bleed will have done -80% drop in value, this is why many people has advice that Bitcoin is less risky than other altcoins.

I think its safe to say that any form of investment that gives high return are always having this high risk, altcoins for example can give you what you want in life but can also take all you have already have because when you invest in a wrong one, you will hate not just that, you will run anytime you hear of cryptocurrency because they can give you phobia of investment. It's always advisable to reduce greed and invest in what you can afford to lose than lose both your investment altogether.

Bitcoin is totally a high risky asset, and anyone who enter bitcoin investment without sufficient knowledge and understanding on the crypto market will find bitcoin investment as a way to lose more. That is why prior knowledge on bitcoin and on the crypto market is a must. Otherwise, you will keep barking at its wrong tree. And you will never see the value of bitcoin then.

However, for those who have been staying in the bitcointalk forum and on the crypto market for quite a period of time, they now have the ideas on how to lessen the risk on bitcoin investment.

Bitcoin is risky, but it depends on how you view it. Although bitcoin has a higher risk, when people say this, I ask them which investment has no risk, and they tell me all investments have a risk. The answer is simple: you cannot expect bitcoin to just be an investment without risk. It will not even be sweet, but due to the risk involved, that is what will make us, the investors, secure the money that we have invested. However, the risk involved in bitcoin is not as high as people think. Most people complaining about this risk lack understanding of bitcoin; if not, they will know that there is no digital asset or investment that has security like bitcoin. So therefore, there is risk in bitcoin investment, just that it is not the same as other investments since it has less risk when compared to altcoins own.


Having complete knowledge about bitcoin investment and trading cannot make someone financially stable, but when you have the money to invest or trade it, that is the only way you will be financially stable. We have thousands of people who have the knowledge about bitcoin investment and trading and have yet to make it in life. However, even after the knowledge of both, you still need money to invest or trade, so when you learn and you don't have money, are you financially stable? NO. So, man, I think you should be aware that having knowledge of bitcoin investment and trading doesn’t make you financially stable; you need money to invest or trade.


Bitcoin investment has risks. The truth is that bitcoin investments have less risk when compared to altcoin investments. Telling people that bitcoin investments don’t have a risk will make them invest a large amount of money that they may not be able to afford to lose. However, you cannot get a profit from a short-term investment in bitcoin; you need to plan a long-term investment. That is why they said you should invest the amount you can afford to lose or the money you don’t need, maybe in a year or so.

Everything that is profitable comes with risk: business, investment, and a lot more. The way you deal with investments affects the possible outcome. Bitcoin as an investment comes with principles that one needs to learn and unlearn to make cool money out of the investment. This wouldn't just happen without the study of principles, mentorship, and risk management. Thank God for this forum that brings about the enlightenment of the myth of bitcoin as an investment.

In my humble opinion, Bitcoin stands out as the safest cryptocurrency. It boasts the biggest name and volume, with less volatility compared to altcoins. Of course, Bitcoin isn't without risks. As you learn, experience, and observe, you start spotting patterns in crypto trading and investing. It's like unlocking a code , the more you go, the clearer the picture becomes. So, keep at it, and gradually, you'll find your way in the dynamic world of crypto, discovering strategies that work for you. It's a journey of learning and adapting, step by step.

Everything in life is risky... Including life itself - you just need to learn to do things the right way, just like everyone else. We've got alot of successful Bitcoin holders - does that prove the fact that Bitcoin is as risky as what you claim? No!

---

sometimes, the mind becomes your greatest adversary - doubtfulness and spitefulness could also debarr you... I like the fact that your topic didn't bear a rhetorical question.

Sandra 🧑‍🦰

Bitcoin investment is risky that is the reality but it doesn't mean that we have to be afraid of taking risks unless we are uncertain and live in doubt. Yes, those people who are saying that Bitcoin investment is a scam thing are those who certainly don't have any idea what is this all about because what they have is just rumors.

Well, we can't force them to believe and trust Bitcoin. This kind of investment is just for those who have the courage and willingness, not for those who are full of uncertainties.