Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is risky
by
reagansimms
on 02/09/2024, 14:34:38 UTC
Bitcoin is the safest place for long-term investment in the online world. I always tell my friends that if you want to change assets in the future, the best choice is Bitcoin. Everyone admits that Bitcoin is a big risk when predictions in the opposite direction do not match our expectations. For me, it only changes once a year, so the future investment in Bitcoin is very feasible.

The risk in long term bitcoin is very low, but I think a person should not over invest in bitcoin. Bitcoin is the ideal investment area to invest in. Just because it's long, doesn't mean you should invest all your money in Bitcoin. Such investments are likely to incur losses.
There is no profit without risk, that is the law that applies in investment. When someone cannot bear the risk, then never make an investment, especially Bitcoin investment which is known to be very volatile. Someone who is already familiar with Bitcoin will try to increase the amount of their investment periodically because they believe that the price of Bitcoin will continue to increase in the future. Positive assumptions will always overcome fear, even though investors know there are risks in Bitcoin investments, but Bitcoin's past history makes their confidence grow in the great potential that Bitcoin will produce in the future. Investing in Bitcoin requires using money that is not used for other needs, in this way your investment will be safe because when you need money suddenly, you don't need to ruin your investment plan.