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Author Topic: Bitcoins Investment: risk or benefit?  (Read 10084 times)
noictib
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January 06, 2017, 05:24:00 PM
 #81

-Benefits is you may use that bitcoin to invest in other Bitcoin services and invest bitcoin is safe,profit good
-Risk is that Bitcoin collapses and if countries and government accept Bitcoin, Bitcoin will have tax, your computer can be hacked
What’s your opinion?
I think if government apply some tax then it is not a matter of loss or any risk because tax is not a thing which can be applied at very low amount of money .
But here the big matter is that , what happened if government will banned the use of bitcoin in the country .
Then the all butcoiner will loss all money in form of btc .
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January 07, 2017, 07:01:58 AM
 #82

-Benefits is you may use that bitcoin to invest in other Bitcoin services and invest bitcoin is safe,profit good
-Risk is that Bitcoin collapses and if countries and government accept Bitcoin, Bitcoin will have tax, your computer can be hacked
What’s your opinion?

Bitcoin is really beneficial to anyone who will use this kind of digital currency. Because it can be use for so many ways such as remittances, shopping online, billings, and savings. While the Risk is if there is internet connection bitcoin will be useless at all. and its true if bitcoin will handle by the government it will have tax declaration for bitcoin for sure which is not good for the bitcoin enthusiast.
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January 07, 2017, 09:28:39 AM
 #83

bitcoin is more of a benefit than risk Tongue
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January 07, 2017, 10:31:17 AM
 #84

If you know a good and safe place to invest(studying carefully before investing  your Bitcoins or a part of your Bitcoins if it is a serious company,for how long is active ,it is paying his members regularly etc.)you can invest.You can do some trading,selling at high price and buying at law price,but there are some risks involved ,you have to know and trust the persons you are trading with.Anyway I think is safer to keep at least 80% of your Bitcoins in your wallet,because it is the safest place:), and in the future you can sell your Bitcoins ,when his price will be multiplied.
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January 07, 2017, 10:48:32 AM
 #85

-Benefits is you may use that bitcoin to invest in other Bitcoin services and invest bitcoin is safe,profit good
-Risk is that Bitcoin collapses and if countries and government accept Bitcoin, Bitcoin will have tax, your computer can be hacked
What’s your opinion?

Investment related to bitcoin are risky and benefit.
If your investment allow to collecting bitcoin and saving it, may increase in value over time as we know from the first time until now bitcoin development.
But risky too, if the price collapse in the future but it's tend not to happen and the price always recover.
Government accept bitcoin more likely a good thing for bitcoin community instead of risk or ban bitcoin.
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January 07, 2017, 10:50:53 AM
 #86

-Benefits is you may use that bitcoin to invest in other Bitcoin services and invest bitcoin is safe,profit good
-Risk is that Bitcoin collapses and if countries and government accept Bitcoin, Bitcoin will have tax, your computer can be hacked
What’s your opinion?

First of all understand there's nothing like a risk free investment. There's risk involved in almost everything so you think it will be risky in Bitcoin then it's also risky in Fiat. You need to learn to play smart. All you need to buy at low levels and sell at high levels. Keep on earning from different sources. Even if the government bans they never owned it anyway and they can't find your are the owner, so they are helpless anyway. The only is risk is price devaluation but that happens with all currencies.
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January 07, 2017, 11:15:48 AM
 #87

bitcoin is more of a benefit than risk Tongue

Not necessarily. Timing is everything when you enter and leave the market. Take the current dump as example - People that have bought above $1000 and even above $1100 because they were thinking that the price would increase further, are now heavily disappointed in themselves. Perhaps they even blame Bitcoin for their own bad investment timing. Tell me, who on earth enters the market above $1000 while it was so obvious that the market was about to correct significantly any time soon? It's gambling that these people have been doing. Serious people leave the market at such positions, and rookies enter the market....
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January 07, 2017, 11:32:47 AM
 #88

The question is like Schrödinger's cat paradox.  Tongue

You can't pinpoint whether it will be risky or beneficial. It is up to you coz eventually it is you who looks into investing where and how much. Smiley

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January 07, 2017, 11:57:36 AM
 #89

Bitcoin investment is always we have 50 50 chances don't know when the price will increase and when it falls. The only thing you need to be very accurate when you invest in bitcoin, you need to keep an eye on when it increases at that you can sell them at higher price in this way you will make profit.

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January 07, 2017, 01:42:13 PM
 #90

Bitcoin investment is always we have 50 50 chances don't know when the price will increase and when it falls. The only thing you need to be very accurate when you invest in bitcoin, you need to keep an eye on when it increases at that you can sell them at higher price in this way you will make profit.
Yeah and the more money we put in to invest, the riskier it gets. As bitcoin's future is unpredictable and uncontrollable, by the time you decide to invest in bitcoin, you have put your money in risks. But I think it would be somehow more beneficial than risky if you don't fall for the advertisement of scam sites, because if you don't sell it now, you still have the chance to sell it later.

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January 07, 2017, 01:51:20 PM
 #91

Many people count investment in bitcoin risky. But I think it's just because of people don't understand bitcoin mostly. One of the most serious problems for any new technology, in addition to ridicule from market participants, it attempts to compare it with something already known, with any starting point. An obvious example is Fiat currency, modern banking system and the process of working Bank accounts. Those people who understand bitcoin and the way it works already invested in it and taking the profit from that.
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January 07, 2017, 02:24:31 PM
 #92

Many people count investment in bitcoin risky. But I think it's just because of people don't understand bitcoin mostly. One of the most serious problems for any new technology, in addition to ridicule from market participants, it attempts to compare it with something already known, with any starting point. An obvious example is Fiat currency, modern banking system and the process of working Bank accounts. Those people who understand bitcoin and the way it works already invested in it and taking the profit from that.
i agree it only risky if people dont know how bitcoin work
when i start i doubt about it that it my first opinion is bitcoin will collapse that will be no value someday
but after i do some research i learn that bitcoin didnt work by a few people
that even some sell their coin or leave bitcoin there a lot of people waiting to take their spot





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January 07, 2017, 02:26:06 PM
 #93

There are several banks or may be even government who are buying bitcoin silently so that they can earn decent profit with their holdings. $16 billion marketcap is not that small to get broken down within few months or years, bitcoin may remain safe heaven for investors in future too. Governments can't banned or shut down bitcoin so better not to worry about it getting collapsed.
u are assuming this or have you any proof that goverment are buying bitcoins for their profit .if possible give us some proofs it will be beneficial .
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January 07, 2017, 02:28:10 PM
 #94

Many people count investment in bitcoin risky. But I think it's just because of people don't understand bitcoin mostly. One of the most serious problems for any new technology, in addition to ridicule from market participants, it attempts to compare it with something already known, with any starting point. An obvious example is Fiat currency, modern banking system and the process of working Bank accounts. Those people who understand bitcoin and the way it works already invested in it and taking the profit from that.

there is always a certain amount of risk, it may not be that much but it is always going to be there. and the fact that bitcoin is a new technology is the main reason for that risk.

but important thing to consider when talking about risks is the relationship between all these risks with the possible rewards. and it is true about any investment. for bitcoin the rewards are 100 times more than the risks, that is why bitcoin investment is a good thing.

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January 07, 2017, 02:34:01 PM
 #95

Nothing there worth investing your bitcoins except bitcoin itself! all you need to do is to buy some and hold and sell when price is profitable for you to sell but not all your coins, always keep at least 10 bitcoins for 10 or 20 years.
Nothing to worried about if bitcoin crashes because that is almost impossible.

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January 07, 2017, 02:56:43 PM
 #96

risk or benefit:
Depends on you
For me, more experience but pay with money
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January 07, 2017, 03:02:30 PM
 #97

Nothing there worth investing your bitcoins except bitcoin itself! all you need to do is to buy some and hold and sell when price is profitable for you to sell but not all your coins, always keep at least 10 bitcoins for 10 or 20 years.
Nothing to worried about if bitcoin crashes because that is almost impossible.

I think one should invest the amount which he can afford to lose. Bitcoin has great potential the price will reach new heights in the coming future but that’s my opinion and I don’t want anyone (including my friends) to invest in bitcoin relying on my opinion. I think everyone should do his own research before investing and that’s the only way for him to take wise investing decisions.
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January 07, 2017, 06:08:47 PM
 #98

Nothing there worth investing your bitcoins except bitcoin itself! all you need to do is to buy some and hold and sell when price is profitable for you to sell but not all your coins, always keep at least 10 bitcoins for 10 or 20 years.
Nothing to worried about if bitcoin crashes because that is almost impossible.

I think one should invest the amount which he can afford to lose. Bitcoin has great potential the price will reach new heights in the coming future but that’s my opinion and I don’t want anyone (including my friends) to invest in bitcoin relying on my opinion. I think everyone should do his own research before investing and that’s the only way for him to take wise investing decisions.
If we invest our money to bitcoins then we should really think off on the possible risk that might happen along the way and regarding to your friends they would really know that because every investments do involve risk always.They wont fully rely on your promises because they have the will to decide on their self because you are just explaining to them and they cant blame you.

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January 07, 2017, 06:46:12 PM
 #99

there are a lot of benefits to invest in Bitcoin. Even so, there are also a few downsides. Bitcoin gets you rid of capital control and for me that is the major benefit. As for the the downside, what I can tell you is that, since Bitcoin is still a fairly recent experiment there is always the chance Bitcoin can crash and lose all its value. However, and judging by its brilliant performance in the last few years, I do think that's a risk you should be willing to take.
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January 07, 2017, 06:47:52 PM
 #100

Nothing there worth investing your bitcoins except bitcoin itself! all you need to do is to buy some and hold and sell when price is profitable for you to sell but not all your coins, always keep at least 10 bitcoins for 10 or 20 years.
Nothing to worried about if bitcoin crashes because that is almost impossible.

I think one should invest the amount which he can afford to lose. Bitcoin has great potential the price will reach new heights in the coming future but that’s my opinion and I don’t want anyone (including my friends) to invest in bitcoin relying on my opinion. I think everyone should do his own research before investing and that’s the only way for him to take wise investing decisions.

I'm starting to believe more and more that you should actually split that affordable amount into more "pieces", and although they are smaller, you can invest in more opportunities. For example I thought about investing in Altcoins and which one would you prefer, having $100 in your wallet: investing $100 in Litecoin, investing $10 in 10 different Altcoins or investing $1 in 100 different Altcoins? If you choose the first one, your investment could fail and if it does.. you'll lose everything. But splitting it up into more pieces could mean huge income just from one of them rising.
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