Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin such a big risk?
by
ololajulo
on 18/09/2020, 22:30:13 UTC
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 dont expect such a question from a member of 6 years in the forum. Is the question meant for newbies to learn from? We all know how risky the space is but we think some coins have more risk than the other. Every purchase of bitcoin will give profit in 3 years at most if it is kept safe. The risk in the space is the choice of coin purchased and the safety of the coin in one's possession.ATM Nobody can advice me on the size of fund to invest