Post
Topic
Board Bitcoin Discussion
Re: bitcoin scarcity
by
TheUltraElite
on 07/04/2018, 11:05:57 UTC
Whatever have potential to grant you some extra money, that thing must be associated with risk factor. People from different regions of earth are continuously getting into bitcoins world. But what they are lacking is basic knowledge about how and what of bitcoins. Like this one, we all must know that bitcoins can never live without risk factor. So we must know how to handle risk at different levels.

Emphasize the word "Extra" here. Because thats what makes it risky. Talk about gambling, its risky as anything. Trading on the other hand needs some skills too. More people getting into bitcoin is actually a good thing. Its increasing the number of "naive" people who are going to be trading. I can guarantee that 90% of then will run away after panic selling and/or after putting their money into so HYIP not knowing what it was.

Also bitcoind dont "live" with risk. Buying and selling crypto aka trading is what the risk is about. If you just buy btc and never sell it - then who cares about price rise or fall? Wink