I don't agree with this statement now that I know better about Bitcoin. It is more or less fud in a soft tone. Who will deliberately invest his money to lose it? If I know I will lose my money in any investment, I will not call it investment and I will not be committed to such venture. I use the DCA method and do it consistently, I won't spend all that time and money on something I know will disappear and all my money gone.
It would be ultimately terrible that someone would see an end loss result for an investment and still proceed to taking such investment. It’s either such a person is insane or out of his mind which still shouts insanity.
There is a big difference between entertaining the possibility of a loss and having loss for an end result.
When you talk about possibility of a loss, it simply means you could also make profit and this prepares you for any likely scenario as well as, pushes you to make necessary adjustments to ensure you stay profitable.
While, loss is just loosing and no one in their right sense would want that.
You might not be able to control what happens with Bitcoin but your actions to it is what you could control to stay profitable. It’s well known that Bitcoin is volatile, it’s left for you to use that in your favour.
What you need to learn is patience and have the right mindset when the market seems to go against you. Work within principles of buy low and sell high.
When the market goes bearish, rather than panic, you proceed to buying more Bitcoin and when
It’s high, you could either sell a minor portion of your portfolio but, that’s in obvious cases when you need money and have no other source to turn to or you just continue holding.
The risk really is you as a holder and the actions you take at certain points of the market.