Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Shadiq
on 10/06/2025, 19:34:15 UTC
No scams and hacks are not the major risks that one should look at when it comes to bitcoin, because when you are careful enough and know your way around bitcoin you can never fall for scams and possibly hacks. When talking about risks, we are looking at something that can affect everybody that has invested in bitcoin. We are looking at the wider picture here, something that when it happens everyone is affected irrespective of how careful you are or not. And that is the risk of bitcoin price going down to zero. This is the biggest risk that's associated with bitcoin. Even though I don't see the possibility of that happening, but we can't neglect the fact that such risk still exists in bitcoin. This is the major risk that all investors should be more concerned about.
This really got my attention, you don't have to say never because anything of such can happen hence  i would love to say that we all need to look at this in a real terms, it is most realistic for anyone to accept the fact that no matter   how careful you are that doesn't make you have an immunity towards being scammed being careful as you said which everyone should know will only reduces the exposures and the risk of being scammed but if you say never that sounds so unrealistic to me, we can only do our best and wish the bad day never comes.
Along with people, scammers and hackers are also updating and learning new techniques. Nowadays, there is probably no one who does not know about scams and hacking. Yet many people still fall into the trap of scammers or hackers. Because scammers or hackers create new traps which are completely new and difficult for you to identify. Yet some people understand these traps, among them there are more intelligent realistic people.

The main weapon of scammers or hackers is greed. It is not always the greed of money. They will try to trap you by showing various types of temptations. If you are realistic and can identify the temptation at that moment, then maybe you can get rid of it. You have to remember, nothing can be achieved without hard work and no one will come to you without interest. If someone comes forward and tries to help you or tries to do you good, be careful.