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?
I will all know that bitcoin is not risk-free, but that doesn't mean that if a newbie invests in bitcoin without knowing anything about bitcoin, he or she will lose his or her money in bitcoin investment. Even though you are a pro or a newbie in bitcoin investment, the only way you can possibly lose your money in bitcoin investment is when you invest all your money into bitcoin, which will expose you to struggle in solving your daily expenses, and if you aren't strong enough to overcome the obstacle, you will sell your bitcoin at a loss to survive. Bitcoin investment is very suitable for the long-term purpose, so if you are investing in bitcoin for the long term, the risk is very low because you are guaranteed that you will not lose all your money as long as you don't sell you bitcoin out of fear, but if you invest in bitcoin for short-term profit, there's a big possibility that you will lose your money in chasing short-term profit because you are likely to use the money you can't afford to lose to invest in bitcoin so that it will allow you to achieve your short-term profit quickly if there's a surge in bitcoin price. But if an unexpected dip happens in the process where you are waiting for bitcoin to surge, you will be at a loss, and since you used the money you can't afford to lose to invest in bitcoin, you will find it difficult to survive, which will give you no choice but to sell you bitcoin to survive.