It certainly had a risk of its own but in my opinion, Bitcoin is not a big of a risk to other cryptocurrencies, I think Bitcoin has established a safe zone that it will not end up becoming a zero value anymore so if you had spare money why not give it a try,
Some people often don't want to get involved with Bitcoin and other cryptocurrencies because of the fear of that little risk, and I have talked to a friend that said Bitcoin is only for the rich because on the value of bitcoin, But I think even establishing your own business has a risk everything has a risk involved in doing it and doing nothing.
“The biggest risk is not taking any risk... In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” – Mark Zuckerberg
Topic: Is Bitcoin such a big risk? - page 12. (Read 2065 times)
Many people I know formed a bias that cryptocurrencies are inherently risky and you shouldn't invest in them more than you can afford to lose.
I agree with the above statement in a certain extent, but I'd like to ask the community. Is it riskier to place your money in Bitcoin or hold them in a fiat savings account? What's your opinion?
So curious to see the response especially today when we live in times of crisis.
I agree with the above statement in a certain extent, but I'd like to ask the community. Is it riskier to place your money in Bitcoin or hold them in a fiat savings account? What's your opinion?
So curious to see the response especially today when we live in times of crisis.
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