Quote from: FlightyPouch on September 27, 2020, 11:58:39 PM

Quote from: CasGal on September 27, 2020, 04:08:57 PM

Quote from: pankaj1234 on September 27, 2020, 04:26:34 AM

I think bitcoin is now not risky as earlier because now bitcoin is spreading in this world. Earlier only some people know about bitcoin and has holding large ammount of btc ,dump is on those hand but now many people investing in the bitcoin and it will not going to dump very easily. With limited circulating supply bitcoin is not risky as I understand.

The danger is not in bitcoins, but in the likelihood of their loss. There are many scammers who use viruses to infect people's computers, who may have bitcoins, and scammers can demand to pay them to get rid of the virus and return their information to them. Also, not in all countries, the authorities are friendly to bitcoin.

Bitcoin is volatile, we all know that. With the fast changing market, all we got to do is adjust, take oppoetunities and think. Scammers are not scary, volatility is not scary, what you should fear is not having the ability to cope up with the changes and what is happening. If you can't be scammed, scam is not a problem, if you could reduce risks you maximize your profit.

What do you mean by the inability to cope with change and what is happening? If you mean that a person must have strong nerves and good patience, this is true. As for scammers, no one is immune from a virus infecting their computer... You can get a business proposal from a company and you need to follow the link or download a file, and these were scammers. Scammers even use apps and videos for viruses.