Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.
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.
When a person learns about Bitcoin and has a complete understanding of cryptocurrency and has an understanding of trading and investing, he will definitely be financially stable.
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.
And bitcoin investment is never risky but altcoin investment is risky so bitcoin is undoubtedly better investment. And Bitcoin short-term investment is very less profitable, but long-term Bitcoin investment plan is good and profitable.
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.