Do you see bitcoin as a thrilling investment or a risky bet?

[LogitechMouse]

Re: Do you see bitcoin as a thrilling investment or a risky bet?

Both... or I should say that Bitcoin is an exciting investment rather than thrilling, and at the same time, a risky investment as well.

It can be a risky investment for those who don't know the crypto market moves. If you know how the market moves for the long run, you will know what you're doing hence, lowering the risk on it. If you know when the possible bull run and bear market is, you will know when to exit and enter. On the flip side, Bitcoin is a very exciting investment because of how volatile it is. Yes, it can give you profit in a short amount of time compared to other asset class, but you can lose money faster as well if you don't know what you're doing.

[Hisbullah]

Re: Do you see bitcoin as a thrilling investment or a risky bet?

Both... or I should say that Bitcoin is an exciting investment rather than thrilling, and at the same time, a risky investment as well.

It can be a risky investment for those who don't know the crypto market moves. If you know how the market moves for the long run, you will know what you're doing hence, lowering the risk on it. If you know when the possible bull run and bear market is, you will know when to exit and enter. On the flip side, Bitcoin is a very exciting investment because of how volatile it is. Yes, it can give you profit in a short amount of time compared to other asset class, but you can lose money faster as well if you don't know what you're doing.

because the volatility of the crypto market is what makes us interested in investing in crypto, especially bitcoin.
but in my opinion bitcoin is a safe investment, because if we enter during the bearish season and hold until the bullish season, of course we have made a profit.
so in my opinion, what is more exciting is investing in altcoin

[gunhell16]

Most people know that Bitcoin is a type of opportunity, but for those who don't understand, it's a scam, because they may have fallen victim to a scam or scammers who used bitcoin to scam them, so the result is that they also see bitcoin as a scam.

Because if we really look at it, in the end they will discover that it is a tool that can help them in terms of financial problems
that are often the problem of us humans.

[JollyGood]

There are massive institutes that have pumped billions of USD$ in Bitcoin since the introduction of ETF. Alongside them there are small investors that buy whenever they can. What emotions are they going through when Bitcoin is a risky bet and thrilling investment?

[densuj]

Bitcoin is a thrilling opportunity for me because of it's potential high returns and historical price appreciation that brings significant gains to investors.

And that is regardless of sometimes extreme market volatility, ongoing regulatory uncertainties and the potential for significant loss due to many factors.

Do you feel the same too?

Your excitement for bitcoin potential is well founded, its track record and unique properties make it a standout asset. But the thrill of high returns comes with the shadow of volatility, regulation, and loss. by pairing your enthusiasm with strategies like DCA, risk management, and clear goals as you’ve already shown awareness, you can harness bitcoin upside while navigating its wild swings. Keep the passion, but let discipline.

[pieppiep]

Your excitement for bitcoin potential is well founded, its track record and unique properties make it a standout asset. But the thrill of high returns comes with the shadow of volatility, regulation, and loss. by pairing your enthusiasm with strategies like DCA, risk management, and clear goals as you’ve already shown awareness, you can harness bitcoin upside while navigating its wild swings. Keep the passion, but let discipline.

As you can see, the appeal of bitcoin is extraordinary, even more so after you can realise how bitcoin’s presence conventionalizes the way we think of regard and cash. The hope for a better financially open future may be tinged with excitement as it grows. And when euphoria is contrasted to reality, then we will know that bitcoin moves smoothly with obstacles. The game can change direction immediately based on the rise and fall in value, policy and even whether there may be a ban in some parts of the world. You have a strong sense of trust, which does makes you have power, but not everything becomes a walk in the park. The thing that we are incapable of predicting just by trends and graphs is still something that we need to be prepared for. We sometimes know quite well that we are in and then market conditions hit us in the opposite direction. Enthusiasm is fuel here, but our reality is to be honest in the path we must walk.

[bhadz]

Bitcoin is a thrilling opportunity for me because of it's potential high returns and historical price appreciation that brings significant gains to investors.

And that is regardless of sometimes extreme market volatility, ongoing regulatory uncertainties and the potential for significant loss due to many factors.

Do you feel the same too?

Yes, the high volatility of Bitcoin means already nothing for most of the long term holders. We have been there for a while and we understand that everything happens to it can simply go the way we want it to happen in the future. So, it's a risky bet for who doesn't understand it but it's a good bet, a life changing bet that I have felt and the others too. So, buy and hold Bitcoin while it is not yet a million dollar per piece.

[Blaze]

Yes, the high volatility of Bitcoin means already nothing for most of the long term holders. We have been there for a while and we understand that everything happens to it can simply go the way we want it to happen in the future. So, it's a risky bet for who doesn't understand it but it's a good bet, a life changing bet that I have felt and the others too. So, buy and hold Bitcoin while it is not yet a million dollar per piece.

I like your view about Bitcoin as an asset and more so you have pointed out that it is more effective to be kept for the long term. But I also agree with the opinion that the approaches which have been mentioned may be effective for one person but not for another. Actually, on the market, there are many people who expect fast earnings without paying much attention to the fact that they do not know how to act when the price drops significantly. You can be immune to changes but greenhorns require to manhandle constantly and even get lost. Of course, I would like the buy and hold concept to be followed by the invitation to know more and be informed of the risks. And not because you are a pessimist but because you are concerned thinking that people follow because they are motivated by the desire to earn a million.

[snowpega]

There are massive institutes that have pumped billions of USD$ in Bitcoin since the introduction of ETF. Alongside them there are small investors that buy whenever they can. What emotions are they going through when Bitcoin is a risky bet and thrilling investment?

In all that, big institutions are playing big roles because, in recent times, many good developments have happened that attract big companies, institutions, and investors' interest toward it. Seeing this kind of huge interest makes the interest of small investors toward it.

Other than that, no one can deny that, in all that recent time when the market tested $75K, no one was panicked to sell it at all. Only those who had fallen prey to FOMO may have sold their holdings. What do you think?

[rby]

Yes, the high volatility of Bitcoin means already nothing for most of the long term holders. We have been there for a while and we understand that everything happens to it can simply go the way we want it to happen in the future. So, it's a risky bet for who doesn't understand it but it's a good bet, a life changing bet that I have felt and the others too. So, buy and hold Bitcoin while it is not yet a million dollar per piece.

Bitcoin is the coin with the lowest volatility in the crypto market so I want to believe you were actually meant the opposite when you said "the high volatility of Bitcoin". That said, I perfectly understand your assertion that Bitcoin is a life-changing bet for people who understands the market value and possible movements of the coin. As one who's enormously benefited from Bitcoin, I've always maintained that Bitcoin is a lifestyle and only those who with the right knowledge about Bitcoin enjoys the luxuries of the Bitcoin lifestyle.

[Rustam Meraj]

Bitcoin is the coin with the lowest volatility in the crypto market so I want to believe you were actually meant the opposite when you said "the high volatility of Bitcoin". That said, I perfectly understand your assertion that Bitcoin is a life-changing bet for people who understands the market value and possible movements of the coin. As one who's enormously benefited from Bitcoin, I've always maintained that Bitcoin is a lifestyle and only those who with the right knowledge about Bitcoin enjoys the luxuries of the Bitcoin lifestyle.

Oh that is interesting thought about how steady Bitcoin is. You might be correct that compared to other digital currencies Bitcoin does not change in price as much. It is true that whole market for digital money can change very quickly and maybe what I said did not exactly describe Bitcoin place in that market.

I agree that Bitcoin possibly changing people lives if they understand how its price may go up or down. And the way you described it as lifestyle for people who really know about Bitcoin makes much of sense. It looks like it is more than just buying and selling it is about understanding it and that understanding can bring to good things. It is wonderful to hear that Bitcoin has been good for you.