Quote from: Kodec5 on September 03, 2023, 12:41:11 PM

Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.

I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth

Yes of course Bitcoin is risky but it will totally depend on the user. First you invest from the immediate market then hold for a while, after holding the market goes down further and if you sell out of desperation you will lose. If you want to invest in Bitcoin, you must hold it until you make a profit. And especially if the wallet in which you invest is not kept safe then your investment will certainly become risky. To avoid this risk you must keep your wallet seed phrase in a very safe place so that people cannot steal it. If no one can steal then you are safe and bitcoin investment is not risky. To me Bitcoin investment is not risky at all.