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Topic: Poll reveals that 75% of the US investors believe bitcoin is 'very risky' - page 3. (Read 474 times)

member
Activity: 251
Merit: 10
That survey maybe was done to people who did not know Bitcoin really because you ask someone who has bitcoin or that some time there bought or been in exchanges of coins I think it would be around the percentages of risk 25% and 75% of gain of the investment and the majority of those who are in crypto are young and are not found by there in the streets would have to be in a university or some forums that survey or in countries like Japan the echo that makes a brevest in states together with 2000 people to something that is global that covers hundreds of countries that are millions, it seems to me that this survey is not valid
jr. member
Activity: 667
Merit: 1
I like this. I dont think there is anything investment that isn't risky . all investment are risky. Every investor knows that . so majority of us should learn to deal as such and have risk management skills. I believe this is just a caution and not to scare anyone away.
newbie
Activity: 134
Merit: 0
They think so, because their government is very intimidated and they are now afraid to invest in bitcoin. If these people understood what bitcoin is, they would not think so.
newbie
Activity: 71
Merit: 0
Bitcoin is fluctuate currency so is always here I think  but it has  many opportunity too. If anyone can properly analysis bitcoin they can be benefitetd.
sr. member
Activity: 1111
Merit: 255
Yes buying bitcoin and saving it is very risky, because any time it will fall its price. So we must be careful. But to hold long it is profitable. Especially when your bitcoin purchase is timed for its price drops, Because the market is volitile and the only thing you can do is wait for it to rise again.
jr. member
Activity: 322
Merit: 1
In fact, they are right. Bitcoin is very volatile and as a whole for investment, it is highly risky. On the other hand, this percentage of mistrust shows the potential for market growth in the future.
hero member
Activity: 728
Merit: 503
dApps Development Automation Platform
Moneycontrol News

A poll conducted by Gallup and Wells Fargo revealed that nearly three-quarters of the US investors think that bitcoin is a "very risky" investment.

The week-long study which surveyed nearly 2,000 adults in the country who have invested either in retirement savings account or through any other account unveiled that only two percent currently own bitcoin, while more than 70 percent "have no interest in ever buying bitcoin."
https://www.moneycontrol.com/news/business/cryptocurrency/poll-reveals-that-75-of-the-us-investors-believe-bitcoin-is-very-risky-2784041.html/amp
It is true. Bitcoin is very risky, and we can not deny that. But, also promising for our future, if we know how to manage it well. So , i think it will be depending on each person to managing their knowledge about bitcoin.
newbie
Activity: 196
Merit: 0
The crypto market is associated with risks. In fact every single act is leap of faith and has risks tied up with them. No risk no gain. So, we need to undertake the risks, in order to get something big back in return if our tactics are played right.
jr. member
Activity: 42
Merit: 1
Who doesn't know that everything that has to do with money is risky, even in my country Nigeria, we believe the same so its not only in US they feel that crypto is risky but globally and yet it can't stop us not even in 10 years from now... Signed:cryptodigitz
newbie
Activity: 152
Merit: 0
yeah, that's a real fact, I'm very sure that 75% of investors are very confident that bitcoin is an investment that is very risky.
but that will not change their belief in bitcoin.
hero member
Activity: 2646
Merit: 686
Moneycontrol is not a USA site, secondly I don't know who these 2000 adults are but nearly all I speak friends and friends friend they're all up for bitcoins they're loving it and they're making more money with bitcoins than any other asset so I don't think this is a true survey, I have so many sellers from USA wanting payment in Bitcoins so the finding of this survey is wrong.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
not if you are an early investor. lets say you have invested on a token few years back and so those tokens by now is worth more than the ICO price. so invest today and few years later price is going to be up anyway so long as you invested on a legit project. 

the example you gave proves that you are taking a LOT more risk when you are an early adopter.
as we all know nearly all ICOs have failed already which means when you invest in them in early stages and take a huge risk you ended up losing a lot of money which makes it highly risky.
newbie
Activity: 308
Merit: 0
I would say that this is considered not only in America. Bitcoin is a very risky investment, and you can lose everything when prices fall
legendary
Activity: 3178
Merit: 1054

not if you are an early investor. lets say you have invested on a token few years back and so those tokens by now is worth more than the ICO price. so invest today and few years later price is going to be up anyway so long as you invested on a legit project.  

scams are what makes this market risky and those who dumped their tokens which is normal for those who wants easy profit. but for all markets adn this one, its all risky even the stock market.
full member
Activity: 476
Merit: 107
It's right to consider Bitcoin risky, I haven't heard of a person that says that Bitcoin is safe, but it's dumb to dismiss Bitcoin because of the risk.
You are right but they are talking about bitcoin being risky in a different scale. They think that it is "very risky" wherein they thought that risk is higher than the chance of them getting returns from their investments when in fact it also has the same risk with putting your money in the bank or investing it into stocks, commodities, real estates and businesses that they can think of.
jr. member
Activity: 462
Merit: 1
I'm sure that not only investors from the United States consider bitcoin too risky. Even those people who constantly invest in it, consider it risky. But it depends more on the person himself. For each person the risk is different Smiley
newbie
Activity: 336
Merit: 0
Every investment has some risk in it. The coin platform is highly volatile which makes it risky. But, high risk has more profitable returns, the key is how calculative you are. People who are brave to invest a big amount on Bitcoin are rewarded for the risk they have taken by making huge profit.
hero member
Activity: 3150
Merit: 937
I guess that 75% of the US investors are too lazy and afraid of taking risks.They want big and consistent profits with little to zero risk,which is impossible.Anyway,they are still looking at bitcoin onlyfrom the financial investor's point of view.Why don't they look at bitcoin from the business and technology point of view.
We need more business owners to accept btc payments,not speculative investors,who just buy and wait.
member
Activity: 392
Merit: 10
And yes those people will surely regret that they have ignored bitcoin. Maybe they are still not familiar with it or its just they are ignoring it.
Investing in bitcoin without proper knowledge on how it works is just like playing chess and you dont know the moves of every piece
legendary
Activity: 3024
Merit: 2148
It's right to consider Bitcoin risky, I haven't heard of a person that says that Bitcoin is safe, but it's dumb to dismiss Bitcoin because of the risk.

I think this is just a flaw in human's perception of risks, there's a video on Youtube where a guy asks people on the street if they would flip a coin and bet like $10, except the guy offers them disproportionate payouts like $20 or $30, but people still refuse because they are scared of risks.

This situation is just the same - Bitcoin has a huge potential for growth, so even with small amounts you can get big returns, but people don't think about it because they are too scared to lose.
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