Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is risky
by
Solokan
on 04/09/2024, 10:02:04 UTC

Do not lie to people about what crypto is just so they would not think of it as something not worthwhile. Rather explain eagerly. .

Agreed. For those who do not know how to control their emotions, investing in Bitcoin is difficult. Bitcoin is volatile and risky. Many people invest in Bitcoin without having proper knowledge about it, educating themselves, and getting rich in a short time. As a result, they fall to the ground in a sudden shock and have a negative perception of Bitcoin. Needless to say, the safest investment in crypto right now is investing in Bitcoin, but we also have to be prepared to lose. Before investing in Bitcoin, we need to have a correct understanding of the Bitcoin risk, the market, and whether false positives can be discounted. And with that in mind, we risk as much as we can afford to lose.

yes, the point is not lying, of course it is a good thing to explain what bitcoin is and what crypto is and of course if for example you don't explain about the risks of btc and the uses of btc, of course it will make people think of it as an asset that is not risky and can make people rich overnight.

yes, indeed for some people who cannot control their emotions, of course it will be difficult when investing in btc because btc has a fluctuating nature which is certainly very dangerous for people who cannot control their emotions. but yes, if for example we explain it honestly, of course it will make people think that btc is an asset that contains risk and of course that person will consider investing in btc because of course they will be ready for the risk of loss and profit and also of course they will be ready for anything caused by btc.

it is true that what you said is that the safest investment in crypto is in bitcoin, but yes, we still have to be prepared for the risk before buying btc and of course long-term investment in btc is the best thing and most importantly, continue to increase insight.