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Author Topic: Bitcoins Investment: risk or benefit?  (Read 10073 times)
conected (OP)
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January 03, 2017, 09:05:41 AM
 #1

-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?


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20kevin20
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January 03, 2017, 09:40:36 AM
 #2

-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?

No investment is safe, especially with Bitcoin. The price is very unstable, so it can go down at any time and your investment will be over. When investing in anything, you need to assume some risks. There is a benefit only if the price keeps growing, like it did in the last few weeks, but do we know when it's going to stop growing? We don't. The scenarios of countries accepting Bitcoin is unlikely, at least at this moment, except if they want to experiment some kind of a test on us.
franky1
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January 03, 2017, 10:14:36 AM
 #3

most people work out how much money they waste on fast food that literally gets flushed down a toilet 6 hours later.

this disposable income that is used for temporary gluttony but permanently lost is the amount people could/should invest in bitcoin, that way its not deemed a "risk" because when you think about it logically. its going to waste anyway.

so buying bitcoin regularly doesnt 'hurt your pocket'

if you have excess fiat (savings) some people pre-purchase a years worth of bitcoin based on their disposable income for a year, when bitcoin is at a low.. and then 'save' the fiat long term by not getting fast food for the rest of the year to accumulate their fiat back up to the savings level they were accustom to. thus basically not losing out of some good prices

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
Xester
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January 03, 2017, 10:18:20 AM
 #4

-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 investment is both a risk and a benefit. Just like forex exchange it has ups and downs and sometimes the market crash. Bitcoin is also like that, like any other investment risk is also included in it. There are no perfect business as such there are no perfect cryptocurrency. There is room for success and a room for meltdown depending on the  market conditions.
mobnepal
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January 03, 2017, 10:25:35 AM
 #5

-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?
- If you look at overall price increase for bitcoin you can see it have multiplied several time in last few years, so yes we can consider investing in bitcoin profitable and safe till now.

- Bitcoin can't collapse better to say bitcoin network can't be collapse but there is no guarantee that bitcoin price will stay always top however with increasing demand price of bitcoin will tend to rise in future too.

- If government try to implement tax on bitcoin it will be hard for them to do so and may not be able to implement tax in any bitcoin transaction except when you buy or sell bitcoin from regulated trading platforms.

- Computer are being hacked since it was invented so you have be careful about protecting your computer from viruses and malwares. You can create bitcoin paper wallet in offline computer to not share any of your private key over internet.
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January 03, 2017, 10:37:03 AM
 #6

-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?

As quoted governments accepting bitcoin is not possible, because recent days several countries planned of making their own digital currency following bitcoin's Blockchain technology. None made an initiation of adopting bitcoin as their currency. For those reasons quoted by op, bitcoin never falls. So I believe investing through bitcoin seems effective.

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Catmony
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January 03, 2017, 10:47:16 AM
 #7

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.
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January 03, 2017, 10:50:35 AM
 #8

-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?

As quoted governments accepting bitcoin is not possible, because recent days several countries planned of making their own digital currency following bitcoin's Blockchain technology. None made an initiation of adopting bitcoin as their currency. For those reasons quoted by op, bitcoin never falls. So I believe investing through bitcoin seems effective.

Well if it is really true then its a good news! We could say that lot of people will adopt bitcoin in their daily living if government will adopt bitcoin really but we could say that government will using the bitcoins blockchain technology to make new bitcoin i think it is not really successfull without the help of bitcoin itself.
DRaGoN RaNTaRo
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January 03, 2017, 11:05:33 AM
 #9

-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?
My opinion to you is that never use bitcoin if you are worried about all these consequences. The price might fall so does the paper currency .Government might impose tax on Bitcoin trading but that does not mean it is going to fail.If you think your computer can be hacked hope your not using net banking too.First learn how to be safe and then start using Internet.
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January 03, 2017, 12:01:17 PM
 #10

There are many benefits if you make the right investment choices. Like I jsut recently joined on Facebook a crypto currency trading group - consortium and they give roi up to 15% weekly and if they don't trade or trade at a loss, we never lose but receive their coin RYCN instead, for any 0 or minus weeks, so our capital is safe.


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January 03, 2017, 12:08:31 PM
 #11

Bitcoin is a great investment, it has a good future and the value is keeps on rising, you can spend it as currency or you can store it as your investment, the risk that you are talking about, is not yet happened, like government regulate bitcoin or bitcoin collapse, bitcoin now still in prime condition and the problem being hacked you just need to be extra careful, so bitcoin still got so many advantage


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January 03, 2017, 12:13:02 PM
 #12

-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?

Invest in bitcoin service means in bitcoin doubling? No. Just storing+investing in your safe wallet, there's still a paper wallet which have good security+less cost.

Risk, is always stand besides with any investment models, it is how smart us to avoid that risk.
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January 03, 2017, 12:39:33 PM
 #13

I don't agree investing Bitcoin in other services is at all safe!
But it is all good to hold Bitcoins as it is.
Well, if you say factors liker Bitcoin collapses, what if your bank becomes insolvent!
It all depends upon possibilites, some may be prone, some may not!
But if I look present situation in my country, investing in Bitcoin is free from risks you mentioned above
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January 03, 2017, 12:44:25 PM
 #14

Every investment is risky and with no guarantee for profit and so is the Bitcoin. The price and the market are volatile so you can win and you can lose. It depends how much you are willing to risk but still I think investing in Bitcoin is long term good decision with good chances to profit.

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January 03, 2017, 12:49:54 PM
 #15

For now, I conclude that the bitcoin for me is a very profitable. Because of the bitcoin I could feel the life that much more fun and better than ever. Because it is in the bitcoin can I double the amount of money that is big enough in a few moments. It is certainly very different from digital currency or other services, so it is much more beneficial than giving a bad risk. The key advantage in the bitcoin is the moment we can control ourselves and study the bitcoin correctly
 
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January 03, 2017, 12:52:23 PM
 #16

Every investment do really have the risk on lossing money on it and you cant heard of some investment that 100% profit guaranteed and we know that bitcoin might crash anytime but seeing the current state of it we could say that its really a profitable investment and also a good and beneficial digital currency,

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January 03, 2017, 12:54:50 PM
 #17

-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?

Risking your bitcoin can give you a benefit. Like in trading, and gambling. if you are wise, and good in choosing good cryptocoin you will get a benefit for it. Like in gambling if you bet, risk and know to bet wisely you will win a btc and you have benefit.
Bitcoin will not having a tax in my opinion. If we are anonymously using this bitcoin they cant know if we pay or not so tax is only for the people who want to pay for it.
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January 03, 2017, 12:57:08 PM
 #18

I think Bitcoin has got many more benefit than risk. we are using many smart devices in the digital world.
so Crypto currency must have been allowed to use  and now it's very popular for many people in the world.
The problem is that we need more legal rules for it to prevent money laundering and terrorist financing.

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January 03, 2017, 01:03:21 PM
 #19


Relatively investment in bitcoin is more of a benefit than risk, so far all bitcoin has done is rise so no matter when you bought bitcoin you would still be in profit even in you had bought it in 2010s or even last week. Now yes there is always that little chance that bitcoin goes stumbling down and becomes worthless, but that chance is very very low.
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January 03, 2017, 02:24:51 PM
 #20

Bitcoin investment involves risk as other investments do. Bitcoin has given tremendous profits to its holders. There is a huge pump in btc price and we dont know when the dump will be.But situations are not like 2013.There is a huge increase in demand for bitcoins. So we can hope that there will not be a great fall in bitcoin price.
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