Bitcoin is only risky when you have in mind just to invest to make quick profit, so far as you have the understanding that Bitcoin investment is a long-term investment you will definitely get profit in hodling. You can also get a huge profit investing bitcoin using the DCA method in accumulating bitcoin. Just like in every investment, you invest money in it to give you a fine profit same as bitcoin which you need to accumulate bitcoin. Bitcoin investment is a profitable investment with huge profits so far as hodling is involve, you can't just invest just for a short time expecting to get huge profits, it doesn't work that way. Bitcoin is only risky for those who lack understanding and profitable for those who want to get rich quick.
Exactly buddy, some people just feel that they can just come and outsmart the system by just coming to buy and sell when theirs a slight appreciation in Bitcoin price as such most of them end up not continuing because may be their expectations were not met, I think it becoming worrisome that some people still don't understand that Bitcoin has a concept like every other investment, Bitcoin is a long-term investment and I think any investor investing with this mindset will not have a problem, sometimes when I hear people or see them right that Bitcoin is a risky investment I just conclude that these set of people either aren't enlightened or weren't doing the right thing as investors.
Where is the risk when one is doing his investment bit by bit with DCA method weekly or monthly consistently as he wants and keep doing it and hodl for a long-term.
People should understand that Bitcoin is not a ponzi of altcoin where some people are been brain washed that you get multiple times of the amount you use in doing it, in Bitcoin investment everything is open and for you to benefit, you must follow that concept which is acumulating with DCA method or buying in lump when the lump sum amount is available and hodl for a long-term, anything aside the aforementioned process may not give an investor a good result, as investors think long-term in other to let go off fair that Bitcoin is a risky investment
I completely agree with you ,The key to navigating the Bitcoin landscape is adopting a long-term mindset. Investing in Bitcoin isn't about chasing quick profits; it's about believing in the technology and its potential for the future. The DCA method is a fantastic strategy to minimize risk while steadily accumulating Bitcoin over time. It helps smooth out those price fluctuations and allows investors to build their positions without the stress of trying to time the market.You're right those who approach Bitcoin like a get rich quick scheme often end up disappointed. It’s crucial for investors to understand that true wealth in Bitcoin comes from holding and believing in its value over time. The transparency and open nature of Bitcoin are what set it apart from other speculative investments.