Quote from: Kelward on July 16, 2025, 11:55:56 AM

Quote from: Finebone on July 16, 2025, 10:42:59 AM

Quote from: kanftka on July 16, 2025, 07:10:14 AM

Also I honestly don’t even see Bitcoin as something risky anymore, not if you come in with the right mindset. It has already proven itself over the years. The main thing now is how smart and disciplined you are with it. It is not really about whether Bitcoin will work, it is now about whether we know how to plan and position ourselves properly.

Don't get carried away buddy, Bitcoin is quite risky, just as every other investment out there, but the risk is very little comparing to most investment, especially when held for a longer duration of time, and it's because of the risk attached to it that is why it is advisable to invest with what you can afford to lose, because we live in a world full of uncertainty, even tomorrow is not promised, so saying that you don't see Bitcoin as something that isn't risky anymore is not proper in my own opinion.

I think that we interprete risk from different perspectives, if you're talking about Bitcoin investment risk in general term like life is full of uncertainties then almost everything falls into it including crossing a busy read. But when you narrow the risk down to investment or specifically in cryptocurrency then Bitcoin risk is very minimal compared to the uncountable shitcoins in the market.

The only risk that I see about Bitcoin investment aside from keeping your wallet safe from hacks and scammers is if you want to sell prematurely. Perhaps you need funds urgently and you must sell your Bitcoin, if price were to dump at that time it means that you might sell at a loss if it dip bellow the price that you bought. If you're holding Bitcoin for the long term the risk that you'd face can be mostly external like through your wallet security, as for Bitcoin itself it's as profitable as how long you hodl it.

I also think that life is not guaranteed, our life is full of various risks. If we go out of the house, then there is no guarantee that we will be able to return home again. "It is not impossible to take additional risks even in the midst of risks." In this life full of uncertainties, courage and strong will are enough to take risks. Before taking risks, we have to be strategic.

We have to analyze and take risks. It is very important to check the stability, market demand and potential of the thing we are going to take risks on. The market is full of many cryptocurrencies. So it is natural for new investors to invest in the wrong places. Due to rumors and widespread media coverage, the prices of altcoins, shit coins increase at different times. It is very difficult to make a profit by investing here.

There is a high risk of your own money here. On the other hand, there is also risk in Bitcoin, but it is short-term, long-term investors have already benefited from it and have been able to predict its future to some extent. If the wallet is safe and the investment is long-term, then Bitcoin is safe.