Post
Topic
Board Bitcoin Discussion
Re: Why I've been scared to invest in bitcoin
by
G_Besar
on 02/03/2023, 23:03:26 UTC
Only those who are confident in their ability to handle the risk should invest in bitcoin. Those who think investing in it would be too dangerous should refrain from doing so because it is not a free income platform or get rich fast scheme. Speaking of volatility, I don't believe that will occur; I believe it was better that way when it was designed that way. They are afraid because they don't fully comprehend how it works, which is why I was once also terrified but only because I didn't grasp it at the time.
Some fears do arise because they don't really understand how it works and maybe they don't know Bitcoin that well, so the fear of investing in Bitcoin still exists. Even though those who are still afraid to start investing in Bitcoin can find out for themselves about how it works and also want to get to know Bitcoin in more depth. And those who are able to handle investment risks well will continue to invest in the long term.