Thread: Is Bitcoin such a big risk?
#1
Many people I know formed a bias that cryptocurrencies are inherently risky and you shouldn't invest in them more than you can afford to lose.
I agree with the above statement in a certain extent, but I'd like to ask the community. Is it riskier to place your money in Bitcoin or hold them in a fiat savings account? What's your opinion?
So curious to see the response especially today when we live in times of crisis.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#2
Investing in the crypto world is very risky. More often people fail to earn money due to the unpredictability of the prices.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#3
It certainly had a risk of its own but in my opinion, Bitcoin is not a big of a risk to other cryptocurrencies, I think Bitcoin has established a safe zone that it will not end up becoming a zero value anymore so if you had spare money why not give it a try,
Some people often don't want to get involved with Bitcoin and other cryptocurrencies because of the fear of that little risk, and I have talked to a friend that said Bitcoin is only for the rich because on the value of bitcoin, But I think even establishing your own business has a risk everything has a risk involved in doing it and doing nothing.
“The biggest risk is not taking any risk... In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” – Mark Zuckerberg
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#4
The crypto market could lose our assets in just a blink of an eye due to the volatility of the market. The price is infinite and it changes every second.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#5
Bitcoin's risk is not only inherent in it's price or it's value, one very good reason why people prefer to keep their assets in fiat is because they can't afford to be their own bank, and protect their assets all by themselves. Imo, the most feared risk people have is losing their funds, they have heard about scam exchanges, hacked wallets, malware and phishing links stealing coins and so much more, it is scary for newbies, they just want to put their money in the bank and allow the 'third party' to protect it for them.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#6
It won't expose your trading capital to risk if you are capable to manage your trading account and know how to interpret the news.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#7
Fiat gets into inflation but bitcoin does have volatility which means you get a possibility your money could go high in value.
It has a big risk because unlike any other assets, they are moving slowly and it's up to the person, how he will describe and look into this characteristic of bitcoin. To us who have been into the bitcoin circle for a year or more, we understand that this risk is more of an advantage.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#8
Investor can lose their funds online if they don't have enough knowledge about the art of the crypto market.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#9
In every investment, there is a risk involved. This is what I learned throughout my experience with Bitcoin and other instruments. But what matters most is how you would handle your investment and make sure that you are minimizing the risks.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Posting Permissions
Subscribe
Reply With Quote