Is Bitcoin really risky as they say? - page 5.

Wakate

hero member

Activity: 980

Merit: 519

fillippone - Winner contest Pizza 2022

Quote from: AYOBA on September 20, 2023, 09:07:52 AM

How some people are talking about Bitcoin so far is not like that because some people invest in Bitcoin with money that they cannot afford to lose. we are all aware that Bitcoin carries risk, but still, we can compare it with other investments. Some investments are more risky than Bitcoin. But for me, I don't mind. Sometimes If you don't take a risk, you won't succeed.

I think when we say Bitcoin is a risky investment, maybe some persons do not still understand what that really means. Bitcoin is a risky investment because investing in Bitcoin involves finance and if we don't follow the rules and what we ought to do, we might end up losing big from the market.

There are people that trade Bitcoin and there are others that are only interested in buying and holding for a long time before they can sell and make profits from the market. There are people that invest and trade Bitcoin at the same time and they are able to do that because they have the skill and enough knowledge to back up there decisions. That is what we need to be able to make profits from Bitcoin since it's a financial decision and any mistake can lead to a big loses..

darkangel11

legendary

Activity: 2296

Merit: 1335

Don't let others control your BTC -> self custody

Quote from: Kodec5 on September 03, 2023, 08:41:11 AM

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

This means you aren't an investor but a trader. You thought you were trying to invest, but in reality you were trying to trade and knew nothing about it, which is why you lost money.
You may feel like I'm being harsh, but that's the truth. Many bitcoin investors start in the space thinking they're going to be the next OG, they'll go all in, bitcoin will go up by 50% and they'll sell it. They saw kids on youtube bragging about it and showing off their cars so this has to be easy, right? RIGHT? Then you see a 5% loss and you sell to confirm it. You take that loss in panic, then think about what you've done and go to forums to tell everyone about it, how risky it is and how you lost money.

ancafe

hero member

Activity: 1652

Merit: 702

Quote from: Kodec5 on September 03, 2023, 08:41:11 AM

Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

It depends on the knowledge you have and in my opinion if Bitcoin is invested correctly the risk can be controlled. For example, when bitcoin is in a sharp decline, all you need to do is be calm and not panic in that condition so there is no risk of anything happening.

Quote from: Kodec5 on September 03, 2023, 08:41:11 AM

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.

There are many advantages to bitcoin so that is why people choose to invest in bitcoin at this time and perhaps there are not many other investments that have the advantages that bitcoin has. As far as I know bitcoin is one of the media that can bring someone to achieve financial freedom if executed correctly.

Quote from: Kodec5 on September 03, 2023, 08:41:11 AM

I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.

Differences in treatments are normal and the most important thing is that people can get benefits when involved in them. It is this benefit function that needs to be studied so that when people are involved in investing, they do not experience losses caused by the user's own mistakes. It's so easy to get involved in investment and all we need is money and knowledge, if we have this then the impact of investing in bitcoin will be very big towards anyone involved in it.

kawetsriyanto

legendary

Activity: 2226

Merit: 1086

Free Bitcoins Every Hour!

Quote from: AakZaki on September 21, 2023, 01:35:50 PM

In fact, volatility in crypto is important and an advantage for those who can take advantage of it. With high volatility, price movements are fast and it will be a place to make good fast trades, providing profits from every price movement. This will be dangerous for those who do not understand and understand how the crypto market works. They can even make long-term investments with profits of hundreds to thousands of percent if they invest in the right coins like Bitcoin. The important thing is that the money used is free money and not used for any future purposes.

Indeed. High volatility in crypto makes people to have a chance for higher profits. If there is no high volatility, there will be no significant change in crypto prices. Sure, the high volatility is also an advantage for the traders, they can earn fast profits because there is a big movement in crypto prices in the short time. So, the volatility is surely the advantage if people know how to deal with the volatility. However, for the beginners who don't understand how to deal with the volatility, it can became the big risk for their trading or investment. There are many beginners who feel panic when the prices of the coins are decreasing much. Then, they do panic selling and exit the crypto space.

Regarding the money to use for crypto investment, surely it should be the money that we can afford to lose it. It is a common advise that we can often see to the people who still don't understand it. Since it the target for the long term and no guarantee about the profits, it is a big mistake if we use the money that we use for our basic needs/necessities.

Rockstarguy

hero member

Activity: 966

Merit: 573

God is great

Quote from: AYOBA on September 20, 2023, 09:07:52 AM

How some people are talking about Bitcoin so far is not like that because some people invest in Bitcoin with money that they cannot afford to lose. we are all aware that Bitcoin carries risk.

This where people do have problem they buy bitcoin with what they can not afford to lose, by the time they noticed the market is not like what they think it will be so late for them and they put the blame on Bitcoin. The reason why people fall into this trap is because they just rush into investing just because they want to make money from bitcoin without knowing bitcoin is risky and volatile.

Bitcoin is a go investment but people go about it in the wrong way which ends up in regret. If people should learn about bitcoin their won't be complications in the investment of bitcoin.

Vaculin

hero member

Activity: 2912

Merit: 613

We all know the high risk that is associated with bitcoin but it will be a lot high risky if you invest in bitcoin without making yourself knowledgeable about it. Yes, knowledge is power and without knowledge you are doomed. However, if you are aware of its risk and you know exactly how to mitigate it, then it will be easier for you to overcome it and still end up successful and profitable with bitcoin.

BitcoinPanther

hero member

Activity: 1918

Merit: 564

Quote from: AYOBA on September 20, 2023, 09:07:52 AM

How some people are talking about Bitcoin so far is not like that because some people invest in Bitcoin with money that they cannot afford to lose. we are all aware that Bitcoin carries risk, but still, we can compare it with other investments. Some investments are more risky than Bitcoin. But for me, I don't mind. Sometimes If you don't take a risk, you won't succeed.

The only risk Bitcoin investor have in Bitcoin investment is being impatient and uninformed. Even with high volatility of Bitcoin market, we have seen in its price chart history that Bitcoin can recover and even create another all time high in every four-year cycle. So looking at that scenario and learning about the cyclical pattern of Bitcoin, the only way to mitigate risk is being patient and wait for the market to become bullish. Exercising patient can make us avoid unnecessary losses due to panic selling but if we have the knowledge and patience, Bitcoin investment is not that really risky at all.

Zeldelima

newbie

Activity: 40

Merit: 0

Like anything yes it has its inherent risks- Bitcoin's value is partly dependent on its adoption as a form of currency or store of value. There's no guarantee that it will achieve widespread adoption, and regulatory changes or technological challenges could hinder its growth.

AakZaki

legendary

Activity: 2310

Merit: 1076

zknodes.org

Quote from: isaac_clarke22 on September 19, 2023, 11:03:58 AM

Yeah, but the good thing at the same time is that Bitcoin is decentralized. It is just riskier since there are plenty of factors that contribute to its volatility. The hypes, the news and all those things that can affect people's decision in investing in Bitcoin.

It is just that even if it volatile, as long as it's not your house/land invested to crypto not just Bitcoin, you're gucchi.

In fact, volatility in crypto is important and an advantage for those who can take advantage of it. With high volatility, price movements are fast and it will be a place to make good fast trades, providing profits from every price movement. This will be dangerous for those who do not understand and understand how the crypto market works. They can even make long-term investments with profits of hundreds to thousands of percent if they invest in the right coins like Bitcoin. The important thing is that the money used is free money and not used for any future purposes.

HONDACD125

sr. member

Activity: 336

Merit: 292

Quote from: icalical on September 19, 2023, 10:02:30 AM

Quote from: HONDACD125 on September 07, 2023, 11:35:55 AM

Quote from: landheer on September 06, 2023, 01:59:50 AM

~

I think investing in Bitcoin is not as risky as you think. Profits and losses are an integral part of any investment. Of course, people will lose in Bitcoin too, but I don't think it would be fair to blame Bitcoin for that loss. .Anyone who invests without knowledge, without experience and without understanding the ups and downs of the crypto currency market will definitely be at a high risk of loss.

Well, compared to other assets such as real estate property or bond, Bitcoin is definitely a lot riskier, but the reason is mainly because the volatility is still high, and it's not something thath is totally bad, because it means that Bitcoin is not simply high risk, but also high return. Other reason why Bitcoin is considered to has higher risk is might be that because Bitcoin is fairly new compared to other investment, investor still trying to figure out the nature of the market

Fluctuation in Bitcoin price is a part of crypto currency market and because of this fluctuation people invest in Bitcoin, because that is why they can get a good profit, but experience is very important.If one does not see the price fluctuation in an investment, there is no point in investing there. Our investment objective is to buy at a low price and sell at a reasonable profit when the price rises.

Of course, Bitcoin will be riskier than real estate or bonds, but the rate of return on Bitcoin is much better than investing in bonds and real estate.I don't think investing in real estate or bonds is bad, they are also good investments .It is true that many people still do not know anything about Bitcoin, and because of this ignorance they are afraid to invest in Bitcoin, but people who are well informed about Bitcoin, and Aware of Bitcoin's potential and how much profit they can get from investing here in the future, they prefer investing in Bitcoin over real estate and bonds.

Maslate

hero member

Activity: 2954

Merit: 672

Message @Hhampuz if you are looking for a CM!

I believe all investments have their certain risks, it’s just that bitcoin has higher risks more than others. That is the reason why bitcoin should be dealt with more caution and persistence. Otherwise, if you invest bitcoin as easy as other investments, and don’t even know how to manage the risks and overcome them, you will never be successful with bitcoin. Bitcoin is highly risky but it’s also capable to give you high and satisfying results, and at some point can make your life turns like roller coaster.

Crypto Library

hero member

Activity: 882

Merit: 773

Find your Digital Services at- cryptolibrary.pro

In my opinion, wherever you go for invest, there will be risk in every case. I won't say that Bitcoin investment is risk-free but Bitcoin investment is much better to reduce risk than investing in other alternative coins or tokens what ever you say.
There is still a lot of negative speculation about Bitcoin in people, if I talk about my own country here it has been declared illegal plus most people think it is only used for crime. So here people automatically think it's risky. However, if these things are excluded, if there is no fundamental knowledge in the case of bitcoin investment and panic sale while doing short-term trading, then it is definitely high risky for them. I will suggest those to invest in Bitcoin who have the much patience Just identify the support zones and make DCA for holding BTC. If they invest like this, it can be called low risk. The future of Bitcoin is very bright. In terms of long-term holding, I think it is possible to gain profit. Especially this time halving and the moment before halving because according to records Bitcoin bullrun can be seen immediately after.

AYOBA

full member

Activity: 294

Merit: 142

How some people are talking about Bitcoin so far is not like that because some people invest in Bitcoin with money that they cannot afford to lose. we are all aware that Bitcoin carries risk, but still, we can compare it with other investments. Some investments are more risky than Bitcoin. But for me, I don't mind. Sometimes If you don't take a risk, you won't succeed.

isaac_clarke22

sr. member

Activity: 1596

Merit: 264

Quote from: icalical on September 19, 2023, 10:02:30 AM

Well, compared to other assets such as real estate property or bond, Bitcoin is definitely a lot riskier, but the reason is mainly because the volatility is still high, and it's not something thath is totally bad, because it means that Bitcoin is not simply high risk, but also high return. Other reason why Bitcoin is considered to has higher risk is might be that because Bitcoin is fairly new compared to other investment, investor still trying to figure out the nature of the market

Yeah, but the good thing at the same time is that Bitcoin is decentralized. It is just riskier since there are plenty of factors that contribute to its volatility. The hypes, the news and all those things that can affect people's decision in investing in Bitcoin.

It is just that even if it volatile, as long as it's not your house/land invested to crypto not just Bitcoin, you're gucchi.

$crypto$

legendary

Activity: 2394

Merit: 1049

Smart is not enough, there must be skills

Quote from: inthelongrun on September 19, 2023, 08:16:53 AM

If someone wants to invest and hold bitcoin for only a short-term period then it is indeed very risky. The price history of bitcoin in the previous years speaks for it. Financial analysts call bitcoin risky for some reason. We need to invest with long-term goals and be able to hold in spite of small ups and downs if we want to earn big profits. That is why it is very important to invest using only a part of our extra savings otherwise we could be forced to sell at a low price when an unexpected financial downturn happens.

Short-termism is not a solution to investing in bitcoin but there is a risk that they will lose half the value due to the decline in the price of bitcoin due to cyclical or other factors.
I think almost all investments must have risks depending on how much time he determines, but in bitcoin there is always high volatility that any price can fall, at least investing in bitcoin for 4 years and above will produce better results.

So it's pretty clear if anyone asks bitcoin is risky? Then I will answer yes

icalical

sr. member

Activity: 1372

Merit: 268

Graphic & Motion Designer

Quote from: HONDACD125 on September 07, 2023, 11:35:55 AM

Quote from: landheer on September 06, 2023, 01:59:50 AM

~

I think investing in Bitcoin is not as risky as you think. Profits and losses are an integral part of any investment. Of course, people will lose in Bitcoin too, but I don't think it would be fair to blame Bitcoin for that loss. .Anyone who invests without knowledge, without experience and without understanding the ups and downs of the crypto currency market will definitely be at a high risk of loss.

Well, compared to other assets such as real estate property or bond, Bitcoin is definitely a lot riskier, but the reason is mainly because the volatility is still high, and it's not something thath is totally bad, because it means that Bitcoin is not simply high risk, but also high return. Other reason why Bitcoin is considered to has higher risk is might be that because Bitcoin is fairly new compared to other investment, investor still trying to figure out the nature of the market

inthelongrun

hero member

Activity: 1778

Merit: 598

The Martian Child

If someone wants to invest and hold bitcoin for only a short-term period then it is indeed very risky. The price history of bitcoin in the previous years speaks for it. Financial analysts call bitcoin risky for some reason. We need to invest with long-term goals and be able to hold in spite of small ups and downs if we want to earn big profits. That is why it is very important to invest using only a part of our extra savings otherwise we could be forced to sell at a low price when an unexpected financial downturn happens.

Xal0lex

staff

Activity: 2436

Merit: 2347

Quote from: Kodec5 on September 03, 2023, 08:41:11 AM

Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.

I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth

Bitcoin is a high risk asset, this is true, but at the same time the degree of risk of bitcoin investment lies in the term of investment. Most people who lose money on bitcoin have a small investment period, up to 1 year. This is just about the least effective period of bitcoin ownership. The only exceptions may be during bull run periods, as was the case in 2020-2021. In other periods, the use of short and medium-term strategies is unprofitable and ineffective. The beauty of bitcoin is precisely in the long-term strategy, where your coins can lie around for at least 3 years without any action. It is this behavior that reduces the risks of owning such a high-risk asset as bitcoin.

HONDACD125

sr. member

Activity: 336

Merit: 292

Quote from: landheer on September 06, 2023, 01:59:50 AM

Investing in Bitcoin is of course very risky, and of course many people who invest in BTC experience losses, of course many will give up and end up no longer wanting to invest in BTC. and usually people who are successful in investing in BTC are people who don't give up and continue to seek knowledge and learn from experience even though investing in BTC has experienced losses.

So investing in BTC is very risky, that's why many people say that knowledge must be prioritized before investing in BTC.

I think investing in Bitcoin is not as risky as you think. Profits and losses are an integral part of any investment. Of course, people will lose in Bitcoin too, but I don't think it would be fair to blame Bitcoin for that loss. .Anyone who invests without knowledge, without experience and without understanding the ups and downs of the crypto currency market will definitely be at a high risk of loss.

I don't think people who lost in Bitcoin will withdraw from Bitcoin investment but if they realize their mistake then they definitely invest in Bitcoin whenever they get a good opportunity. will I think the most successful people in Bitcoin investing are those who understand the market and enter in a good position and exit the market with a good profit. That's why I think Bitcoin investment is risky if you don't know when to invest in Bitcoin and how to do it. It is very important to know about Bitcoin or any other investment before investing.However, in my personal opinion, Bitcoin investment seems very safe to me.

Questat

hero member

Activity: 2856

Merit: 604

Quote from: SmartCharpa on September 06, 2023, 03:54:56 AM

It is impossible to invest in bitcoin for a long time and lose money; either you do it for a short period of time, or you do so without sufficient information. Those who view bitcoin as a danger believe that you cannot profit from it and that those who invest in it ultimately lose the most money are missing out on an opportunity. Even though there may be other ways they invest and fail, they may believe that investing in bitcoin will put them in the same position as they loose money. We cannot accomplish anything without understanding about it, as you mentioned; knowledge is wealth.

The more think about risk, the more we get bothered about what we are going to do and most of the time it creates worries. I agree that we need to understand how Bitcoin investment works to avoid such emotional stress and doubts. Although we can't set aside that crypto investment is too risky but must try not to think about it instead, think about how to fit into the situation in order to avoid losses. Understanding the behavior of the market will help us calm and remain positive.

Topic: Is Bitcoin really risky as they say? - page 5. (Read 1376 times)