Post
Topic
Board Bitcoin Discussion
Re: Why I've been scared to invest in bitcoin
by
stadus
on 01/03/2023, 19:19:25 UTC
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?


Please learn the history of Bitcoin price movements to be able to reduce your fear and also the risk of investment is a reasonable thing without risk you will not be able to profitable, therefore you have to learn how to invest that suits you and also only invest with the money you can afford to lose and no one forces you to invest in Bitcoin so you have to do it by knowing everything correctly

If there's no volatility and only profits, I bet all coins that is now circulating in the market is already owned and people start to flock and talk about bitcoin because the investment is only profits with almost no risks at all. But sadly, that's just a fantasy for those newbies or frustrated investors that is scared to invest in bitcoin.

I'm afraid that risk and volatility is always there because we are leaning on a decentralized market, but that's the beauty about it because it's decentralized, therefore, this market is hard to manipulate and selfish governments can't touch it.