Quote from: IceLincoln on August 18, 2025, 11:55:58 PM

Quote from: virasog on August 18, 2025, 05:59:30 PM

Quote from: Finebone on August 17, 2025, 06:30:53 PM

It's true that the risk attached to Bitcoin can be reduced to the nearest minimum when held for a very long time, but that doesn't mean that it has no risk, and by saying that Bitcoin is not risky anymore is misleading in my own opinion, so do not ever use such statement on newbies that are trying to invest in bitcoin because that's the worst way to preach bitcoin to a novice, in order not to be held accountable if things goes wrong for them in the future while they are investing in bitcoin.

When I say that bitcoin is not risky investment, it doesn't mean that newbies start to sell everything and put into bitcoin. I meant to say that they should invest in bitcoin for long term and with the extra money they have. For example, if one is willing to invest in property, he can change his mind and invest that money in bitcoin.

OfCourse, such person should understand that bitcoin investment may not be fruitful immediately but in the long term (5 to 10 years) it can give better returns than property or any other investments. Even if you invest in gold, the ROI in 10 years time may be less as compared to bitcoin.

People often get emotional when they hear some certain things or people use some certain words. I share your opinion, with the standard bitcoin has set and the way it’s going, the risk level has dropped. When you invest for a long term there’s little to no risk attached, all you have to do is keep accumulating. As a newbie who wants to invest you just need to have discretionary funds and basic knowledge of bitcoin and how to buy, whether someone tells you it’s risky or not is not important. Planning for emergency funds while investing is what’s important to protect your holdings.

Even with the historical performance of bitcoin people are still wasting time to invest in bitcoin, people often give unnecessary excuses, for things they don’t fully understand.

Bitcoin is indeed an extraordinary investment asset, and in this decade, many people have proven that it is a very profitable asset for long-term investment. However, I also believe that while Bitcoin is a very good asset, it certainly carries risks. While the risks are not significant, it's still a misconception to assume that Bitcoin is a risk-free investment. After all, if you think about it more closely, Bitcoin is a digital-based investment asset. Then, consider the potential dangers of owning digital assets. I think hacker attacks, or clicking on traps or phishing scams, are possible. Both of these can be quite detrimental to your Bitcoin. While I emphasize once again that the risks of investing in Bitcoin are very small, the key is to remain cautious. So, don't let your guard down just because you think Bitcoin is risk-free. If you remain cautious, I'm confident that your Bitcoin assets will be safe.

And yes, I agree that the returns from investing in Bitcoin are very promising, and it's true that other investment assets can be less profitable than Bitcoin. Because just think about it: if we invest in Bitcoin for just five years, the returns are already quite substantial. So, what's more, if we invest for 10 years or more, the returns are truly extraordinary. So the point is, we are truly fortunate to live at a time when Bitcoin exists and its price is still cheap.