Topic: Is Bitcoin really risky as they say? - page 7. (Read 1454 times)

In my opinion, Bitcoin is currently considered the most secure of all crypto currencies. Well, crypto currency is a risky market, anything is possible and there are many things to keep in mind while investing. Here it is very important to know about Bitcoin and crypto currency market before investing. Investing in Bitcoin is not about blindly entering the market whenever you want.
This is why many people make the wrong entry and panic sell their assets at a loss when the market goes down and then blame Bitcoin for the loss of their investment in Bitcoin.


In fact, this platform is a useful platform for newbies where experienced people provide you with all the information you need about crypto currency, Bitcoin and more. From which many people are benefiting and gaining knowledge and experience about crypto. So newbies should get knowledge and experience from this platform like you and then go ahead and think about investing in Bitcoin or crypto currency, because wrong entry and investment in wrong coin can lead to loss.

They didn't examine well how the market move and if they could just research the latest news about bitcoin maybe their investment decision may became different and instead of deciding to hold they come up with doing some daily good trades. Bitcoin is a good coin but volatility is quite mysterious so if we don't want to get caught for something unexpected we should be more cautious on taking any decisions.

The risk that is obtained from crypto is greater because there are so many types of crypto that are in the crypto space that end up being disposed of. In contrast to the risks contained in bitcoin. This difference is because Bitcoin has a clear vision.

Afraid of the risk of investing in crypto such as altcoins and shitcoins, choose bitcoin. As well as being good as an investment asset, bitcoin is also good as a long term hedge asset.
Still also afraid of the risks, means the crypto space is not a good place for such people.

I'm glad if you feel helped because of this forum. Many people feel the benefits of being here.
Hopefully you feel comfortable here because there are many who don't feel comfortable here for different reasons.

In fact, its volatility makes it more risky to invest. People suffer from constant losses especially for those who are uninformed about it and can’t stand about its high volatility and price fluctuations. Furthermore, by investing into bitcoin without the right knowledge and proper attitudes towards investing, it will also increase the risk and become more susceptible into mistakes and losses.

Generally, bitcoin has risk but the risk is worth taking because we cannot say completely that it does not have risk, what does not have risk is something that will gives you guaranteed end result of your investment that you're not going to loose than earning some profits, do for someone who knows what he's doing with bitcoin, he sees bitcoin with no risk because he knows how to go about having a better experience with his understandings, but for a non knowledgeable person that makes mistakes and loose money will also believe it has high risk.

If anyone has knowledge. And he/she knows when they should enter in the market and when they should go out and when they should wait so for them Bitcoin is not risky. And if anyone has ability to hold assets so for him Bitcoin is not risky.
But if anyone don't have knowledge that when to buy and he/she gets panic when he/she see the loss so for them Bitcoin always be risky.

And in my point of view Bitcoin is the name of trust if you trust Bitcoin so Bitcoin never gives you loss. Just believe and hold.

Everyone who studies the world of investment must understand that in this world all investments have their own risks. It's just that there are certain levels of risk in each different investment field.

But basically the risks that exist in every investment field can be minimized by developing our knowledge in the field we are going to enter.

Trust me if we invest in property that is said to have low risk. But for us it can be very high risk if we don't understand and study it first before entering it.

For example, if we buy property in a disaster-prone area. Then it's the same as us throwing away our money. Because the price will continue to fall. especially if it is land prone to landslides and so on. Which even the previous owner would have left behind.

But when we understand it properly and study it carefully first. Then we can minimize the risk as small as possible. Because we already know which ones have potential and which ones don't. Which ones are worth entering and which ones are not. Because basically investment is about seeing potential in the future.

So now we apply it in Bitcoin. Indeed, Bitcoin is also an asset that has a high level of volatility because its price fluctuates. And yes, this makes many people say that Bitcoin has a fairly high level of risk. But actually, some things are true and some are not.
Because it depends on how deep one's insight into bitcoin itself. If someone can enter Bitcoin investment at the right time after going through a lot of analysis and he has seen the potential in the future. So he can minimize the risk of loss because he entered at the right time. that is, when there is a decline. And then he plans to get out when the bull market comes.

But for beginners who don't study it in more depth. So they tend to enter without taking into account or without careful investment planning due to limited knowledge. This can make the beginner considered investing with high risk. Because he has entered in a field that he is not good at. So the conclusion is high risk is for those who enter in fields that they do not study. And the risk is low for those who enter a field they have mastered.

knowledge is not wealth but a weapon, yeah your weapon to face everything that might happen in your life and also your weapon to secure your finances because currently there are many fraudsters out there who are after your money.

I'm still new to bitcoin but I will continues to deepen my insight about bitcoin, it is very important so that when there is news of propaganda attacking bitcoin to create an effect of fear, I have weapons and shields to fight it all.

You have a point about the Bitcoin investment only being risky for people who lack the basic concept of the technology behind BTC but holding for the long term and knowing the basic concept of BTC technology is still not enough for the investors to avoid the risk because no matter how knowledgeable or long term holding an investors practice about BTC investment if she still lacks the understanding 4years such investor will continue to sell when the price is yet to maximal its ATH price.

Yes, Bitcoin is more risk like compared to Gold and normal stocks because Bitcoin is very different.

Keep in mind it is relevant what are we comparing to Bitcoin.
But overally, Bitcoin is very volatile compared to stocks and also Gold.

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Very good point.
Bitcoin is not like stock, where we don't really need education, only a bank manager.
For Bitcoin, it is very difficult to receive and we need to store it in our own wallet, where we need knowledge before doing it to avoid beginner mistakes.

All types of investment have definitely its own individual’s risk. And bitcoin being a high risk asset requires more knowledge and understanding from its buyer so he won’t end up increasing its risk itself. However, the good thing about high risky investments is that they also promise bigger amount of future profits. And bitcoin is a living proof. Moreover, if you can’t afford to buy a single bitcoin, then do the DCA and buy portion of bitcoin every time you’re capable to do it.

It all depends on how we see bitcoin and the purpose why we bought our bitcoin. Some people thinks that trading is the best way to make profit from bitcoin and such people will end up losing their bitcoin because trading is very risky. On the other hand,if you decide to invest in a long term investment, it is very easy to hodli because it is easy and less risky compared to trading. Keeping your wallet safe from hackers and malware,and also don't allow anyone access to your seed phrase or private keys. This is only what you need to do when you are a long term holder. Why is it like that,due to bitcoin volatile nature, the price pumps and dump and this can make you run at loss when you sell at the wrong time.

Your knowledge on bitcoin depends your risk factors.. Lest say before venturing into bitcoin you are well aware of the risk associated with this investment so it will be better easier for you to reduce or minimize the risk with time or as you keep growing, those who focuses on the risk aspect of bitcoin never hold for long because they believed that they could lose the little profits they have made earlier and these sets of people quickly sells off when there seems to be little changes in the market without knowing is just a mere market correction.
Permits me to say that today's life or in real word scenario there is no investment that doesn't associates with risk either but the only way to reduced it is to apply the principles that governs the investments, So sincerely speaking bitcoin is not only risky but highly volatile.

It is high risk when you do not understand what you are doing and the risk that is in it. Knowing the risk reduces the risk by half, not knowing the risk makes it riskier. Bitcoin is high risk when you do not know how to secure your bitcoins after investment. People have complained of how their bitcoins was stolen or lost, and it can all happen due to one very silly mistake or knowledge that you do not have. If you have invested in bitcoins and you are a member of this forum, have of your problems have been solved, because there is always a new discussion about an old security risk or a new one.

Is really clear and you should know that Bitcoin it self is a risk and everything in life is all about risk, nothing comes that easy. When you engage in investing never forget the down side of it.
And don't let anyone tell you that investing in Bitcoin doesn't involve risk.



Being in this Forum has taught so many users how roll their dice 🎲 when it comes to investing and trading too.
I know a member who's happy to be in this Forum, so much loss whenever he tries to invest, scammers also gained from him not until he found himself here.
Being here doesn't mean we're not surrounded by scammers, we just have to be careful and believe me you came to the right place to achieve something greater.
Like you said, knowledge is wealth, I'll say Knowledge is power.

Bitcoin isn't risky because it was created to ba an alternative to fiat currency. People took the advantage of bitcoin potential and made it an investment,and don't forget that there is no investment without risk.

Greed is what makes people say bitcoin is risky because they want to get rich overnight and this makes them think that bitcoin is the only solution. They forget that bitcoin is a volatile assets and investing in it should be a long term investment,rather they use the money that they loan or for something important to invest in bitcoin and needs profit overnight. When the price goes below what they bought,they will panic and sell off because they thought that the price will only be pumping.

No investment is without risk. practically all investments have some level of risk depending on how robust or weak the structure of the investment is. Because of the volatility of crypto, bitcoin is thought to be a risky investment. Those who dispute that reality view Bitcoin as a get-rich-quick scheme, which is not to be so.

Many people have benefited from the forum's knowledge about crypto. Many of us have improved ourselves with understanding of crypto, thanks to this forum. We have all benefited greatly from this forum, and we continue to learn new things from her every day, including how to protect our finances, avoid scams, and only invest with money we can afford to lose.

I don't understand what you mean by saying that bitcoin has no risks. I always place bitcoin as a high-risk investment, this is because the price of bitcoin is too volatile. I don't dare to put a lot of money in bitcoin, I just keep money that I don't really need, because if I need money when the bitcoin price drops, then I will lose big.

I try to divide my investments, I provide cash for living needs, safe investments I choose gold because I can sell it at any time, and bitcoin, on bitcoin I plan to hold for a long time


I don't think your explanation proves that bitcoin investment has no risk

This is a rather vague definition from which it is impossible to establish how competent their opinion looks in relation to bitcoin. Will you listen to the opinion of a novice who claims that Bitcoin is dangerous because he lost his savings trading futures with a leverage of X100? Or you can listen to the opinion of another about how he bought BTC 10 years ago and now thanks to this he is a millionaire.

First we would have to see what we mean by risk, but in a general way we can say that yes, it has risk because it is a volatile asset. Then there are things that have more or less risk. For example, trading Bitcoin has more risk than investing in the long term. And if you add leverage even more risk. Although it can also be more profitable. In the same way that buying fixed income has less risk and at the same time is potentially less profitable than buying shares of a small cap.

I would recommend the OP to educate himself about economics and finance and learn about risk management.