Topic: Is Bitcoin really risky as they say? - page 6. (Read 1376 times)

Investing in Bitcoin depends on whether it is low or high. If the investment is done at the right time, the risk is low and if the price of Bitcoin rises, it is possible to get profit if it is sold at the right time.
But you have to understand that investing according to the market up and down is a good investment. I have invested in Bitcoin myself I don't think risk myself because I invested during Bitcoin Dip market due to which I have profit at present. Keeping bitcoins in a strong wallet and investing for a long time is better.

You too have experienced losses, right? Those that mean you made an investment without being aware of the risk? 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.

It is clear enough about what you are saying that the importance of knowing the risks in any job has become the main thing before doing any work, including work in the crypto space itself. I also quite agree with the explanation you gave because as long as we don't panic and sell at a low price, then clearly there will be no losses, although the key is to be patient to wait for another increase and waiting and being patient is also part of the risk.

And actually everyone can take risks based on their abilities because if they take too many risks it can also create a heavier mental burden. Another example is when someone wants to invest in Bitcoin with the capital they have without feeling forced to do so with a larger amount of capital. Because when someone who starts to dare to put some capital into Bitcoin for investment, he is also directly able to bear the risk based on the amount of capital he uses.

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 will be a hypocrite if I will say that this forum helped me learn Bitcoin in different ways.

Aside from Youtube where I always watch documentaries regarding Bitcoin, reading some threads here in the forum really helped me as well. I'm not an avid reader, and I don't read that much, but when curiosity is there, you will do the things that you don't often do, and that includes reading here. TBH, I'm still reading some of the posts here from intelligent users because why not... I mean it's an additional information for all of us, right?

risk for what? risks regarding liquidity? regulatory risks? risk regarding value? political risks? risk disappearing from the earth?

the conclusion is not only bitcoin which can be very risky even safe investment instruments such as government bonds, gold or deposits still have risks too, if you want your future to change then don't be afraid to take risks, so far bitcoin has tested its reputation and will never make you lose unless you do panic selling.

I agree with the people that say bitcoin investment is risky, but bitcoin is also less risky. If you are making bitcoin investments for a short period of time, it is kind of risky. If you are making investments in bitcoin for a long period of time, then I can say the risk associated with bitcoin is less compared to when you are investing for a short term or trading, but that does not mean that bitcoin is not risky and you should end up investing all your money in bitcoin. With every investment you make, there should always be a backup, and you shouldn’t invest all at once.

The forum has really helped me a lot, and I can’t even mention the aspects in which I can say the forum has helped me, because I learned lots of things about bitcoin and cryptocurrency in general after joining the forum here, and the most interesting part is that all the things I learn on the forum here are for free, I didn’t pay anybody for that. The forum really helped me learn about bitcoin and cryptocurrencies faster.

I'm one of those who believe Bitcoin isn't risky when compared to altcoins. Those who think otherwise haven't deeply studied how Bitcoin works. For me, the only risk there would be making wrong entry or exit predictions while buying it. If we're referring to market dump as the risk Bitcoin can be thrown into or exposed to, then we should know that Bitcoin is like a cat with nine lives. It never dies. It has the ability of rising from its ashes. We've seen it rise from serious dump on several occasions during the bear seasons after each ATHs in the past.

Any investment has risk. Like all investments, Bitcoin is risky. Good research and purchasing at the right price at the right time are among the factors that reduce the risk of investments. For example, the risk you take when BTC is $ 65000 is not the same as the risk you take when it is $ 15000.

I'm planning to buy it until the new halving period. I started taking it when I was 30K, I continue to add as it drops. I invest regularly every month. Currently my average is 27K

Owning a Bitcoin have risk because there are things that you need to do. These are the some of the things that a person should understand and know why it is also risky. First, is to keep your wallet safe and secured. Second, choosing the right wallet that you will use to store Bitcoin. Third, be wary of connecting your wallet to a website (if you don't mind, don't use main wallet yo connect to a website). Fourth, price of Bitcoin is not stable which means if you have $1000 worth of Bitcoin but the price decrease then you don't have $1000 but the amount of Bitcoin you have is still the same where it's value is different from before.

On the contrary my friend, Bitcoin investment is just only one, and not as if there are many, but what we have are different exchanges and wallet where one can buy and hold his/her Bitcoin for the specified duration he intends to. But when we talk about loss in Bitcoin, what we mean is a small fraction of your capital (i.e decrease in respect to percentage) and not a whole of it, just like in the case of Ponzi schemes and many other online scams were many persons have fallen victim, which on that note, my advise to newbies will always be to use reputable exchanges to buy or sell your BTC (i.e Binance, Paxful, Coinbase & Luno), and not any upcoming platforms were its reputation is still under test, so as to avoid not losing fund.

To many, bitcoin is a high risk investment and this is mainly because of how volatile bitcoin market can become. Bitcoin price is very unstable which is why it's been tagged a high risk investment and considering how profitable bitcoin can become and also how easily it can be for investors to lose money when they don't understand how the market work, it's indeed a high risk investment. There are various ways which an investor can use to minimize the risk which one of the popular ways is investing through DCA but not everyone has the knowledge on this and that's why they keep losing to the market. Not everyone is used to the risk that come from investing because they're not used to investing before they heard about Bitcoin.


But here's the thing, not everyone has the privilege to know about the forum to get the same information that you have gotten here that has helped you to be this informed about the industry. This is why the forum is very vital in every investors life that have heard about bitcoin and what's to invest. The forum helps you stay informed and when you're an informed investor, you won't be scared about the market and then Bitcoin won't be as risky of an investment that it it to others because you'll be around experience investors that'll make your experience in the industry more secured.

Yes, It is undeniable that investment in Bitcoin involves some amount of risk, but when you compare the risk factor which lies in its volatility side, and the benefits that we get from it, Generally, the Benefits outweigh the risks when you take a look at the problem it has come to solve in our society today and therefore it is worth taking an investment risk in BTC because it's minimal even when you compare it with fiat that has inflation risk.

People can say that Bitcoin is risky because they failed to understand the volatile part of Bitcoin, they only rush to invest in Bitcoin with the mindset to get rich quickly because they saw a testimony of someone making a huge profit from Bitcoin investment without them knowing that the person had been holding Bitcoin for a long time. In the end, their investment in Bitcoin turned out not to be successful because they didn't get x2 or x3 of their investment and they ended up spreading false news against Bitcoin that it is risky to invest in Bitcoin.

Not that people sees Bitcoin as high risk,  Bitcoin and every other investments are high risks so we have to identify that fact so as to be able to coordinate our self through our bitcoin journey and avoiding possible loses that may come along the way.

Fact that bitcoin is highly volatile makes it risk also in high degrees.
That is the truth,  because to be able to properly and adequately hienese the benefits that come along with the risk in bitcoin investment,  is based on the level of the knowledge of the investor.

Best form of investment is by buying Bitcoin and holding it in you wallet with your keys properly saved by you.


Then also there are other high risk Bitcoin activities that could help you earn more profits,  such as trading and gambling,  but both are even higher in risk than holding Bitcoin.
Bitcointalk have been a home for many of us who are seeking after knowledge on Bitcoin and its related discussions.

It depends on where you stand and how much you understand Bitcoin technology. If you are unfamiliar with Cryptocurrency technology which has been widely discussed offline and online, of course you will consider Bitcoin investment to be high risk. But for those of us who have been on the Bitcointalk forum for a long time and are often involved in discussions about Bitcoin developments and already have knowledge of how to invest in Bitcoin, of course we will assume that there are many benefits that can be gained from investing in Bitcoin.
First learn the ins and outs of bitcoin starting from all its advantages and disadvantages, then compare it with the news you read in several articles on the internet. If you find something positive about Bitcoin investment, then you will place yourself among the people who view Bitcoin as a profitable investment.

Bitcoin is risky just like every other assets which has the volatility nature just as bitcoin do, the price up and down which is not stable and can’t be predicted is what make volatility appears to be risky and at the same time that’s what makes bitcoins assets to be profiting since it’s not stable in price it helps holder to benefit from the price change and make some profits.

Another thing which makes bitcoin appears to be risky is if one want to trade the coin in a hurry, I mean when you buy today and want to sell it off tomorrow but the price has dropped below what you bought it at, it has made you lose few cent from your invested amount which loss don’t not look so good in business.

Security is also what makes it appears to be risky, that this part is guaranteed base on individual, if you protect and keep your bitcoin wallet very well, then you will not have to worry about your funds security, but if you are careless with your phrase and other form of wallet security then your funds are likely to be misplaced and stolen by those who do not work for it and it will never come back to you again.

If one can learn how to manage the risk, then they can be less worried about bitcoin being risky or not.

Well, every business investment comes with a risk but I think there's a lot of misconception about Bitcoin. Some person's first cryptocurrency investment was a ponzi scheme or some scam project that ended badly for them. So because of the scams and uncertainty attached to crypto investment some persons see Bitcoin as every other pump and dump coins.

Bitcoin is volatile asset but it's not like every other cryptocurrency. So I wouldn't call it a gamble or a risk because with proper knowledge of the market and discipline one can realize good returns of his investment.

 
Every investment involves risk, but the trust is that it will be so risky when you don't have proper knowledge before you invest in it. Many people who are saying that Bitcoin is very risky. I may say that maybe they have to get to understand Bitcoin properly. I agree that Bitcoin involves risk because of its volatility in nature and other scam activities that involve the cryptocurrency industry, but when you have good knowledge, you discover that Bitcoin doesn't involve that much risk because you will know how to keep your Bitcoin safe.

Bitcoin investment is risky. It is something that one will give careful thought before engaging oneself into it. In any bitcoin investment, one should expect to gain or loose, especially in the case of a short term investment. It is very vital to be watchful before engaging in any bitcoin investment generally. Make serious research to know the best avenues and sites to invest in, to avoid huge lose at the end of it all.