Post
Topic
Board Beginners & Help
Re: As a newbie I stay off shitcoin and it paid off, Bitcoin is the king.
by
Anguwa
on 07/01/2023, 09:59:55 UTC
...Investing in bitcoin have no risk as far as I am concerned because of the trust I have for Bitcoin, and I am taking this bear market as the right time to place my investment, because its a perfect time for me.
Everything has inherent risks.
Any investment without risk is a shaddy one. Aside the volatility risks, there are those who seek to steal your coins. They are called Scammers.
And they are on the rise. So, take care when you see websites offering 10x bitcoins when you invest or even those that may ask you for personal information so as to access your rewards after performing some mundane tasks.
This is one of the risks and you can lose you bitcoin forever.



It is never in my plan to invest those type of websites or exchanges offering 10x or so, all I am concern is safety and how to minimise risk. Although I know there is risk in investing on Bitcoin too, but that of Shitcoins and some Altcoins are of the higher level because you can lose all at once.