Post
Topic
Board Beginners & Help
Re: Is Bitcoin really risky as they say?
by
Mpamaegbu
on 30/09/2023, 15:46:50 UTC
~snipped~
It is someone who invest all they have that will see bitcoin as being very risky...
Even having that type of investment mindset won't ordinarily be a problem if those investing are getting in at demand zone or POI (Point of Interest). If they do, they will instantly be on a winning trade and there won't be any need for that anxiety of losing all that's invested. If anyone is assured of investing $1k and getting instant reward, of course they would do it; even if it means selling their stuff to achieve that. Sadly, no genuine investment is like that.

Quote
...as for people who hold bitcoin and don't depend on bitcoin to make money so fast won't see bitcoin being risky.
These are the comfortable investors and most often they're the ones who benefit on the long run from hodling. Not many people think that way anymore as they see Bitcoin investment as a shortcut to wealth. Bitcoin isn't that, only Ponzi is.