Quote from: taufik123 on July 13, 2023, 10:39:40 PM

Quote from: lalabotax on July 13, 2023, 09:57:06 PM

-snip-
But when talking about risks, however investing in Bitcoin or other crypto will always have the potential for all risks. Yes, there will always be risks. The difference is how we manage those risks. because the better we manage it, the more we can avoid or minimize this risk. It will depend on each individual how to handle it

Risk is a given, any investment platform has risk but at different levels.
When it comes to crypto, the risk will be greater because of the high volatility that will make prices fluctuate rapidly.

But if you look deeper, the risk is also balanced with the benefits that will be obtained if you can control or predict the price well.
Profits will be faster because the movement is faster.
Those who can take advantage of fluctuations correctly will get a lot of benefits.

Do not dare to take any risks then there will be no big profits.
Risks can be minimized by learning how the crypto market is.

as long as we hold bitcoin, I think even that is also minimal risk considering we believe that one day it will recover even higher, but to solidify this intention we must have knowledge about bitcoin, both its volatility, hopes for the future of bitcoin, and how to control our emotions in dealing with price fluctuations. if all of that is understood then investing in bitcoin feels light. even so the risk is still there because we keep it in a personal wallet where theft can occur, and of course we can't report it to the authorities, but there are ways to anticipate all that