Bitcoin is not for risk takers

[Domithra]

Bitcoin is meant for everyone ones you are ready to study about its market trend and make tangible or feasible analysis as to when to buy more, how long to hold and when to sell. This should be the prerequisite of every investor before investing in Bitcoin.

[Sentinel]

I really agree with what you say. Such a strategy must be carried out by everyone who joins the crypto currency. A person who joins the crypto world must know when he must buy, hold and sell. If everyone knows the basis of this trade, then there will be no more people who complain of loss in trading.

[Zed0X]

Bitcoin is meant for everyone ones you are ready to study about its market trend and make tangible or feasible analysis as to when to buy more, how long to hold and when to sell. This should be the prerequisite of every investor before investing in Bitcoin.

Those are like the commandments one must follow not just in bitcoin but in all cryptocurrencies.

[Eben]

Bitcoin is meant for everyone ones you are ready to study about its market trend and make tangible or feasible analysis as to when to buy more, how long to hold and when to sell. This should be the prerequisite of every investor before investing in Bitcoin.

I strongly believe with you. One really has study and follow the market closely in order to make good decisions and not regret since the crypto market is very volatile and anything can happen at anytime.

[Munareal]

Every thing in life  has a margin of  risk and the biggest risk is not taking one. Those that did not invest in bitcoin at the early stage are regretting it today and those that took the risk to buy are happy for it today.

[luvr1000]

you need to understand what you are doing, otherwise it's a simple game in the casino, today the market is in disarray and many think that they lost money when they bought it for 15 thousand, but it's not how it will grow, you need understand this

[Omega]

How then we could say that they aren't risk taker? In fact they are. Whatsoever they do is a form of being a risk taker because those who aren't will stay forever in the comfort zone.

[moonking]

Bitcoin is meant for everyone ones you are ready to study about its market trend and make tangible or feasible analysis as to when to buy more, how long to hold and when to sell. This should be the prerequisite of every investor before investing in Bitcoin.

I think the only prerequisite to investing in bitcoin, is doing it with the money that is disposable, something one can afford to loose.  I don't think knowledge of the market is needed to invest, but needed to trade successfully.  I don't consider myself a trader, but I love investing whatever spare change I have into dogecoin and bitcoin.

[Guerreiro]

In some points yes. But someone can be called a risk taker when he can manage to put his/her large amount of fund on bitcoin while the price is unstable. No one can put his/her large amount of fund if he/she can't handle the situation of taking the risk.

[Jun]

 i believe while we are still living our life full of risk, but as a traders i don't think it's a risk  but i figure out this is an opportunity.if you want to catch fish you should throw  fish,if you wanted to earn money  you should need money, even though how risky it is

[sugarchrisp]

I think anyone can really get into bitcoin, but it can be hectic dealing with the price fluctuation for new users.  You just gotta accept that prices fluctuate, either buy some and put it in cold storage and just let it go for a couple years, either that or don't buy it at all.