The reason why I said the risk in bitcoin is worth taking is because, back then bitcoin started as an experimental digital currency, but now it has gradually and continuously improve in growth and transformed over time into global class asset that have attracted millions of investors because of it decentralized and transparent nature.
If we can recore back over the decade bitcoin has outperformed traditional assets like gold, stocks and bonds, making bitcoin the best and number one asset both in crypto space and in the traditional assets.
But If bitcoin is the best and still maintaining the number one asset both in crypto space and in the traditional assets why is people still referring to bitcoin as a high risk investment, (or is it because of it volatile nature) or what……? I know bitcoin is not risk free you can either profit or loose but when you understand how bitcoin works and it nature you will be at the safer side.
I and my friends just had an arguement, they said anything called cryptocurrency including bitcoin is very risky and the Risk is not worth taking.
Yes Bitcoin may be volatile in nature but investing in it is indeed worth the risk as long as you know what you are doing, with the right knowledge and caution Bitcoin's volatility can be handled and it's potential returns of investing in it outweighs the risks, you understand Bitcoin more than your friends and that is why you didn't write it off as being too risky.
Bitcoin's volatility nature is one of the reasons why people see it as a high risk investment and I wouldn't blame them too much because they are right and just like every other investment there are winnings and losses but with the right strategy investment in Bitcoin guarantees high profits.