Lastly, whenever we are talking about Bitcoin investment risk should not be a factor because the word risk minimal in Bitcoin investment.
I don't totally agree with this. There is risk in bitcoin, low risk or not. The risk is low when you're holding for a long time that's for sure but there is risk. So instead what you should say is that the person should say "low risk"No investment doesn't involve risk. Even treasury bills have risks even though it's low risk.
If you're investing for the short term then it is no longer "low risk" but "risk"
When talking to people above bitcoin investment, especially newbies I make sure I stress out the risk part so they won't have the idea that they can't lose money or that profit is guaranteed withing a certain period.
I humbly agreed to your statement about risk, first of all life is full of risk, then relating risk to Bitcoin investments, Bitcoin is much risky if you don't know anything about Bitcoin as a newbie, there is something i want you to clear me, you said that investing in a long term investment that is no risk and when involve in short term investment that it is not more in a low risk abi. Than it should be high risk when it comes to short term investment and low risk when it comes to Long term investment ba?
At first you need to understand that Bitcoin is best when approach with a long term commitment, in short term it is regarded as trading and not investing, long term is less risky compared to short term because short term have the challenges of timing the market which is more like gambling than investing, Bitcoin is volatile and timing the market can be difficult, an investor has the peace of mind to allow his assets to grow and appreciate over time. Bitcoin is for a long term those that bought and sold too soon always end up regretting.