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.
Before investing in Bitcoin, it is better to take the time to make an informed investment decision. It is true that there is risk in Bitcoin investment, but there are several strategies to reduce risk, if you follow them correctly, then the investment risk can be reduced. if you invest in the DCA method, you do not need to wait for the price of Bitcoin to fall, whether the price increases or decreases, the risk is reduced because you are buying Bitcoin in an average ratio, there is no need to invest a large amount of money at once, and the pressure of people is much less. Similarly, long-term investment planning can reduce the risk. If we follow the DCA method, maintain the investment stable for four to five years, invest a certain amount of money every week and wait patiently for the right time, then success can come.
DCA strategy is a common strategy besides bitcoin investment can be considered risky when an investor don’t understand the term “long term plan” there’s no such as risk free investment which include bitcoin. The advantage here we can all decide to be at risk with our holdings or choose a good investment plan that will help sustain our investment for a long period of time, buy and hold for 4 to 10 years and in this state bitcoin keeps growing gradually. Whenever the price decreases it’s an opportunity to buy likewise buying in high price so long as there’s still time to grow, I’ve been on the bright side since investing basically I refuse to purse the market trend, although getting the basic knowledge first might help enlighten an investor why they should not panic if this is the only problem they face definitely the market will not stay decline forever even if it takes a long period of time.