Quote from: Tmoonz on May 19, 2024, 11:04:30 PM

Quote from: Justbillywitt on February 27, 2024, 06:46:02 PM

But one thing we have to know about investment is this, "the higher the risk, the higher the profitability. So without risk there is no investment.

For me, am considering such statement as a way of passing a negative information about Bitcoin, let the clarity be made as Bitcoin investment is not as the same as other investments and I also feel that Bitcoin is not as risky as most people proclaims or claims it to be, which is one of the reasons why it is always advisable to invest only the money that you can afford to lose, money that you can do without

If this is what you tell people people around you then I think you are misleading them to be frank with you. How can you comfortable say this. When you say bitcoin is not as other investments, I agree with you because every form of investments has it's own uniqueness, but one thing that's common about all forms of investments is risk. So you telling me that bitcoin is not risky as people thinks I struggle to come to terms with what you are saying. For investment to be considered as an investment, there is supposed to be an atom of risk in it.

Do you know why they tell people to invest the money they can afford to lose in bitcoin, money that they will lose and it will not disturpt their life is because there is an atom of risk associated with bitcoin investment. If the professional who made such statement in the first place never saw an atom of risk in bitcoin investment, I don't think they will be able to make such Statement in the first place.

There is nothing misleading about my position that the higher the risk, the higher the profitability in an investment. Be it bitcoin investment or anything other forms of investments. So without risk there is no investment. The level of profitability you see in bitcoin as an individual is the level of risk you are willing to undertake or tolerate, whaereas those who are willing to take more risk by investing more than you will ever do, stand a higher chance of making profitability more than you and it goes either ways. Don't quote me wrongly but quote me anywhere that I said there is a level of risk involved in bitcoin investment. But if you can't identify any risk, I will point out one for you, and that's the risk of profitability. There is no guarantee that your investment in bitcoin will generate profits and even when it does, you can't determine the level of profits before hand.