Any investment is unstable and risky. I would say that our whole life is a multitude of risks. But in the case of any risks, the final result is assessed first, that is, when investing in bitcoin - potential profit.

Traders will agree with you about volatility, that it is not bad at all, because it is due to this very volatility that they earn.

And I think that we need to go further: to show how cryptocurrencies work and best of all, practically, at those moments when it is necessary. For example, you need to pay someone for a service, then pay in crypto and at that moment demonstrate all the advantages of this financial instrument.

While I do agree that bitcoin has some sides that I would like to fix (energy efficiency, high transaction costs, low speed of transactions), I would not say that it is risky. Just because it is volatile doesn't mean it's risky, if you buy at 70k and sell at 30k then that's your risky move and not about crypto, any investment can fall, not selling is an option and you could DCA and drop your average and then sell for a lot more when it recovered. Most people think that you have to make a profit very quickly or it doesn't worth it, but in reality when it takes longer to recover then you have a chance to make a bigger profit.

Anyone who bought at 65k+ during 2021, had about two to three years to collect more and more, they could have collected way more and it could have been awesome for them and instead they just ended up with nothing at all.

This is why always try to make as much profit as you can by DCA and holding, not trying to trade it quickly. When you do that, the risk factor of bitcoin is almost nothing, outside of gold there is nothing that is as safe as bitcoin investment in the world, even if you find any dangers in it then at least we can say that there are other assets which are worse.

BTC is volatile and risky, but especially in the short term, in the long run there is a very high chance of your making returns. I usually recommend that weak hands and impatient people stay away from BTC, if you are buying BTC with money that you'd need only a few weeks later, then it may be better if you hadn't bought it.

However, some people many not be ready for the risks associated with BTC, and such people can buy assets like gold, it is stable and it can retain its value during the 'bad times'.

Bitcoin is certainly risky, no doubt with that, but if you know how to manage the risk, you will gain advantage on bitcoin. However, for those who want to invest but are afraid to take the risk, that's normal, DYOR first and make thorough study until you will clearly understand how to invest in bitcoin safely without making yourself too much at loss in the end.

Even thousands of years old assets like gold or real estate have risks, so saying that virtual assets like bitcoin are risk-free is just baseless exaggeration and just personal thinking.

Bitcoin is not even legal worldwide, many countries still do not recognize it. Capitalization is just over 1 trillion and is too small to say it is mature enough not to collapse. Not to mention the development of technology is happening so fast, there is no guarantee that it will not be decoded or broken in the future. Overall, the potential risks of bitcoin are still huge and that is why many governments are in no rush to adopt it. It needs more time to prove that it is truly useful and worth our trust in the long run.

It took gold thousands of years to build the reputation and trust it has today, so it's naive to think that an asset that's only 15 years old is risk-free. We are bitcoin investors but let's be realistic, don't exaggerate or be too blind.

Relative to Bitcoin, of course, but that's a mere illustration that should show the FACTS, not the actual graphs themselves. The person who made that illustration should draw the line for Gold slightly going upwards if you ask me. It may look like that I'm nit-picking, but we need to show the FACTS.

Plus for the fiat lines, I definitely and FULLY agree. They're worthless worse than shitcoins, centralized and controlled by the Cabal of the usury-loving Central Banking scam.

Currently, the price of Bitcoin is at 59 thousand dollars And looking at the past history of Bitcoin shows that the value of Bitcoin was still a bit up but currently its value is down a bit.  But after reviewing everything, I don't think investing in Bitcoin is risky. Because if long term investment is made here it will eventually rise and there is a possibility of profit through it. As we can see at the beginning of 2023 the price of bitcoin was very low now in 2024 the price of bitcoin has increased comparatively and its stability is much higher than before. So I personally think investing in Bitcoin is comparatively less risky and profitable

Buying Bitcoin is risky.  Not owning Bitcoin is risky.  Choose your risky...

As always and with everything, diversity is important.  I think that Bitcoin, as risky as it may be, still has a place in everyone's portfolio. Perhaps even a larger place in the portfolio's of the rich who wish to protect their assets.  In a time when money can be printed out of thin air, and most people devote their entire lives to careers in hopes of obtaining enough money to live without worrying about it.  Bitcoin is a clear answer to many worries and especially for those without investment experience or retirement portfolios.

Yeah. Lying to people about bitcoin will not spoil only your image, but the whole crypto currency will turn into a scam for them because they have already fed up with lies, and after practicing they don't get any positive return. So if another person goes to tell them they won't believe regardless of how knowledgeable you may think you are about crypto because of their first experience, so my own is two things.

Advice and lying is not good to advise someone to invest or get themselves in anything crypto currency that will require them to use money; rather, teaching them is the best way to get people to adopt and the teaching should be both positive and negative side of it to avoid being blamed at the end of the day. for the fact that if anything happens, you will be the one to blame, even if they are the ones that make mistakes they won't remember. That is why bringing someone to this space has its own risk separate.

In my opinion, your friend does not think Bitcoin has a bad reputation. He stated the truth about Bitcoin. There is nothing wrong with that, it is true that investing in Bitcoin is risky and its value is unstable. But you need to tell your friend that there is no investment that has no risk, right? Even other investment can be riskier than Bitcoin. Show him how the price growth of Bitcoin since it is created for the first time until now. When you showed it, I think your friend will realize the potential of Bitcoin. I'm very sure that your friend will conclude himself that Bitcoin has a low risk for holding a long term. Regarding the price, tell him that the instability of the price is the chance of gaining higher profits. If the price is stable, how we can get high profits? It there is no low price and no high price, it won't be an investment but it is only a saving. We are investing in Bitcoin, we aren't saving. The point is that we must know the cycle of Bitcoin price growth every 4 years. Advice him to learn it first, to know how the instability of Bitcoin price isn't a bad thing but it is a good thing for investors.

References:
1. https://bitcoinmagazine.com/guides/bitcoin-price-history
2. https://www.investopedia.com/articles/forex/121815/bitcoins-price-history.asp