Investing in Bitcoin is not risk free especially to investors who do not  invest appropriately with the right approach and strategy,  and also not sticking to their investment plans (long-term). What makes Bitcoin to be risky is because its volatile in nature meaning the price fluctuates, some investors might struggle to keep up to a long term strategy when faced with FOMO (Fear Of Missing Out) or sudden changes in the market  this can trigger emotional response causing some investors to take quick decision of selling at loss without reaching a profitable target. It's only investors who develop a disciplined approach and habit to their investment  can go through the risk and make good rewards and profits.

Investors should discipline their emotions not to take impulsive and unnecessary decisions that will result in loss due to the volatile nature of bitcoin. Having a long term perspective (HODLing bitcoin),helps in going through fluctuations, by focusing on your long-term strategy and not being emotional to market situation. With this kind of mindset investors can benefit from investing in bitcoin.