Bitcoin Investment Risks Volatility: Bitcoin is a volatile digital asset because it endures incredible plummets and spikes in value. That means you can invest a lot of money in this virtual currency and lose all of it within hours.vor 3 Tagen
Is Bitcoin a high risk?
Bitcoin is extremely volatile and high risk. It’s certainly not a good idea to invest all of your savings in cryptocurrency. If you are willing to take the risk, first make sure you understand what you are investing in and have a crypto investment strategy.
What is the downside risk of Bitcoin?
If a hard drive crashes, or a virus corrupts data , and the wallet file is corrupted, Bitcoins have essentially been “lost”. There is nothing that can done to recover it. These coins will be forever orphaned in the system. This can bankrupt a wealthy Bitcoin investor within seconds with no way form of recovery.
