To my understanding, Bitcoin is still in the process of maturing and everyday we get to know more about how it works because nobody can really give an accurate analysis of what the outcome might be in the next minute or next day. There is no guarantee that Bitcoin will continue to grow or continue to dip even though it has developed at a very fast rate so far. There are various ways to make money with Bitcoin such as mining, speculation or running new businesses. All of these methods involves risk taking so It is up to each individual to make a proper evaluation of the costs and the risks involved in any such project.
Yeah, the mistake that some people make is neglecting the risks that are involved. And some of them are forgetting that it is mostly speculation and that they won’t be able to predict the next movement all the time. Now that you are fully aware of the risk involved, it would make you to thread carefully, you wouldn’t be the type of investors that takes uncalculated risks in the market, rather you will always plan yourself ahead.
As an investor you’re always not going to regret taking risks that are calculated, because if anything should happen and there happens to be a loss, it wouldn’t affect you that much since you were already prepared for whatever is going to be the case.