I know there are great advantages to it and most people invest in Bitcoin to get these advantages and bitcoin is quite secure. But it is not profitable for us in the short term. I think the new altcoins will often be good altcoins to help us have more profit.
Yes, if we do not see the advantage, we will not be investing in it in the first place and some of us would not have even held for this long. The reason why they said you should always put your money where your mouth is is by investing in what you believe in and to know whether you believe in bitcoin or not, you have to understand the future potential. Without this, mistakes are always going to come, and this is the reason why you see a lot of people panicking for no reason, because they never understood what they were investing in, let alone, believe in its long term potentials.
Well, Bitcoin, like any other investments Carry risks. You can have your pulse on the trend of the market and still lose. I know that crypto currency is fairly new and every one is on Hype about investing in it but it is not that easy. It's so volatile now more than ever so i suggest you to be careful and really keep your ear to the ground to win big.
Yeah, when it comes to any investment at all, the risk is something you always have to consider so you can know how to manage it. That is one part a lot of people tend to skip and you cannot manage what you do not know obviously. The advantage is enormous, from being a currency to an asset but basically, the risk is centered more on the volatility and for the fact that it is a new space. What is important is to just be smart, know what you should be getting yourself involved in within the space, and know how to always handle yourself to your benefit.